Scope
Reference
2559-TEN-O
Description
o procure treasury management advisor services to provide support and advice to both Great Yarmouth Borough Council (GYBC) and Norwich City Council (NCC) in the following areas of work: Investment, counterparty and credit rating advice, credit risk management, strategic advice, technical advice, economic and interest rate forecast updates, seminars, training and workshops, performance monitoring, draft templates for core reporting, debt management, help line facility and due diligence.
Contract 1. Treasury Management Advisors for Great Yarmouth Borough Council & Norwich City Council
Supplier
Contract value
- £125,000 excluding VAT
- £150,000 including VAT
Below the relevant threshold
Award decision date
1 May 2025
Earliest date the contract will be signed
12 May 2025
Contract dates (estimated)
- 13 May 2025 to 12 May 2027
- Possible extension to 12 May 2030
- 5 years
Description of possible extension:
3 x Optional 1 Year extensions - 1+1+1
Main procurement category
Services
CPV classifications
- 79210000 - Accounting and auditing services
- 79220000 - Fiscal services
- 79411000 - General management consultancy services
- 79412000 - Financial management consultancy services
Contract locations
- UKH1 - East Anglia
Information about tenders
- 2 tenders received
- 1 tender assessed in the final stage:
- 1 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 0 suppliers unsuccessful (details included for contracts over £5 million)
Procedure
Procedure type
Below threshold - open competition
Supplier
ARLINGCLOSE LIMITED
- Companies House: 02853836
- Public Procurement Organisation Number: PRVM-8193-CLCQ
Barclays Bank Chambers
Stratford Upon Avon
CV37 6AH
United Kingdom
Email: info@arlingclose.com
Website: https://www.arlingclose.com/
Region: UKG13 - Warwickshire
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
Contract 1. Treasury Management Advisors for Great Yarmouth Borough Council & Norwich City Council
Contracting authorities
Great Yarmouth Borough Council
- Public Procurement Organisation Number: PXDC-1245-VQNQ
Town Hall
Great Yarmouth
NR30 2QF
United Kingdom
Contact name: Richard Hill
Email: procurement@eastsuffolk.gov.uk
Website: http://www.great-yarmouth.gov.uk
Region: UKH15 - Norwich and East Norfolk
Organisation type: Public authority - sub-central government
Norwich City Council
- Public Procurement Organisation Number: PWRB-7245-GVXQ
City Hall, St Peters Street
Norwich
NR2 1NH
United Kingdom
Contact name: Richard Hill
Email: procurement@norwich.gov.uk
Website: https://www.norwich.gov.uk/site/
Region: UKH15 - Norwich and East Norfolk
Organisation type: Public authority - sub-central government
Other organisation
These organisations are carrying out the procurement, or part of it, on behalf of the contracting authorities.
East Suffolk Council
Summary of their role in this procurement: Procurement Services Only
- Public Procurement Organisation Number: PLPP-1174-BHLX
East Suffolk House, Station Road, Melton
Woodbridge
IP12 1RT
United Kingdom
Contact name: Richard Hill
Email: procurement@eastsuffolk.gov.uk
Website: http://www.eastsuffolk.gov.uk
Region: UKH14 - Suffolk