CWC22161 Treasury Management

A Tender Notice
by WOLVERHAMPTON CITY COUNCIL

Source
Contracts Finder
Type
Contract (Services)
Duration
5 year
Value
___
Sector
BUSINESS
Published
24 Oct 2022
Delivery
01 Jan 2023 to 31 Dec 2027
Deadline
25 Nov 2022 12:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

City of Wolverhampton Council is seeking to appoint an organisation to act as a Treasury Management Advisor. This will be an initial term of three (3) years with the option for two (2), one (1) year extensions. The total contract will not exceed five (5) years The successful company will provide interest rate forecasts and advise on the formulation of suitable borrowing and investment strategies utilising the strategic options available to it appropriate to the Council's financial objectives The successful company will advise on debt rescheduling, volatility and maturity profile analysis. Advice on investment counterparty creditworthiness, including provision of prudent parameters established in light of information from the UK's leading credit rating agencies, various other analysts as appropriate and other appropriate market intelligence in light of recent Audit Commission and Chartered Institute Public Finance and Accountancy (CIPFA) publications shall be provided to City of Wolverhampton Council. Reports and analyses are to be provided weekly or when practicable. Details of any individual counterparty credit rating changes to be advised, as a matter of urgency, as they occur.

CPV Codes

  • 66000000 - Financial and insurance services
  • 66600000 - Treasury services

Indicators

  • Contract is suitable for SMEs.
  • Contract is suitable for VCOs.

Other Information

Advert https://procontract.due-north.com/Advert?advertId=ebb7fa37-a353-ed11-811a-005056...

Reference

Domains