Scope
Description
This PME is for a system referred to internally as a treasury management system, which enables our banking and income management team (currently seven members of staff) to manage our money market funds and bank balances, with all details for monetary lending and borrowing contracts being stored in the system.
The system should allow the team to record the details of all monetary deals the Council makes, both lending and borrowing, and keeps a record of all Council account balances for cashflow predictions. The system also calculates the expected interest payments based on the relevant variables, and records information such as start and due dates, the principal amount, and the counter parties involved. From the information recorded, users can see the forecasts and estimates for cashflow for each bank account, as well as any unpaid loans or potential cashflow issues arising.
In summary, the Council is aiming to procure a solution which will deliver and future proof the current functionality and additionally provide flexibility to exploit the use of new technology where this provides benefit to the business, in relation to treasury management, before April 2026 when the current contract ends.
Contract dates (estimated)
- 1 April 2026 to 2 April 2029
- Possible extension to 2 April 2031
- 5 years, 2 days
Main procurement category
Goods
CPV classifications
- 48000000 - Software package and information systems
Engagement
Engagement deadline
6 June 2025
Engagement process description
Please note this is a Preliminary Market Engagement, it is not a formal invitation to tender.
Suppliers must complete a questionnaire and submit the responses by 5th June 2025.
To enhance our understanding of the solutions currently available in the market and in addition to the submitted questionnaire, we may invite suitable suppliers who meet the essential requirements identified in the PME document to deliver an overview presentation of their solution and its functionality.
Contracting authority
Leicester City Council
- Public Procurement Organisation Number: PXRT-5737-VBQD
City Hall (4th Floor), 115 Charles Street
Leicester
LE1 1FZ
United Kingdom
Contact name: Miss Zhiaw Hama
Telephone: +44 1164543503
Email: zhiaw.hama@leicester.gov.uk
Website: https://www.leicester.gov.uk
Region: UKF21 - Leicester
Organisation type: Public authority - sub-central government