Section one: Contracting authority
one.1) Name and addresses
Financial Ombudsman Service
Exchange Tower, Harbour Exchange Square,
London
E14 9SR
Contact
Peter Gamble
Peter.Gamble@financial-ombudsman.org.uk
Telephone
+44 8000234567
Country
United Kingdom
Region code
UKI - London
Internet address(es)
Main address
https://www.financial-ombudsman.org.uk/
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
https://www.financial-ombudsman.org.uk/
two.1.2) Main CPV code
- 66600000 - Treasury services
two.1.3) Type of contract
Services
two.1.4) Short description
24 month contract with the option to extend for up to an additional 24 months for the provision of treasury services for short term deposits
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £452,400
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKI - London
two.2.4) Description of the procurement
Provision of agency treasury services to advise and coordinate short term deposits of cash balances with nominated financial institutions in line with the Financial Ombudsman's investment policy.
two.2.5) Award criteria
Quality criterion - Name: Approach and Solution / Weighting: 15
Quality criterion - Name: Organisational Approach and Account Management / Weighting: 15
Quality criterion - Name: Implementation and Planning / Weighting: 15
Quality criterion - Name: Exit Management Plan / Weighting: 10
Quality criterion - Name: Business Continuity / Weighting: 15
Quality criterion - Name: Performance Management / Weighting: 15
Quality criterion - Name: Values and Culture / Weighting: 15
Price - Weighting: 70 Quality 30 Price
two.2.11) Information about options
Options: Yes
Description of options
option to extend contract up to an additional 24 months
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2023/S 000-007649
Section five. Award of contract
Contract No
ctt_2645
Title
Agency Treasury Services
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
28 June 2023
five.2.2) Information about tenders
Number of tenders received: 1
Number of tenders received by electronic means: 1
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Link Treasury Services Limited
65 Gresham Street
London
EC2V 7NQ
Country
United Kingdom
NUTS code
- UKI31 - Camden and City of London
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £452,400
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Financial Conduct Authority
12 Endeavour Square
London
E20 1JN
Country
United Kingdom