Treasury Management Advisory Services

Contract notice

Services

Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses
The City of Edinburgh Council
Waverley Court, 4 East Market Street
Edinburgh
EH8 8BG
United Kingdom
Telephone: +44 1314693922
E-mail: procurement@edinburgh.gov.uk
NUTS code: UKM75

Internet address(es):

Main address: http://www.edinburgh.gov.uk

Address of the buyer profile: https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00290

I.2)Information about joint procurement
I.3)Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at: https://www.publiccontractsscotland.gov.uk/
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be submitted electronically via: https://www.publiccontractsscotland.gov.uk/
I.4)Type of the contracting authority
Regional or local authority
I.5)Main activity
General public services

Section II: Object

II.1)Scope of the procurement
II.1.1)Title:

Treasury Management Advisory Services

Reference number: CT2536
II.1.2)Main CPV code
66600000
II.1.3)Type of contract
Services
II.1.4)Short description:

3.1) The provision of treasury advisory services, where the Provider will be required to provide specialist skills, advice and resources to assist the Treasury Section on Treasury Management policy and strategy, debt management, investment and technical matters within prescribed regulatory and accounting frameworks.

II.1.5)Estimated total value
Value excluding VAT: 140 000.00 GBP
II.1.6)Information about lots
This contract is divided into lots: no
II.2)Description
II.2.1)Title:
II.2.2)Additional CPV code(s)
66171000
79412000
II.2.3)Place of performance
NUTS code: UKM75
II.2.4)Description of the procurement:

The provision of treasury advisory services, where the Provider will be required to provide specialist skills, advice and resources to assist the Treasury Section on Treasury Management policy and strategy, debt management, investment and technical matters within prescribed regulatory and accounting frameworks.

II.2.5)Award criteria
Criteria below
Quality criterion - Name: Organisational Experience / Relationship Management / Weighting: 7.5
Quality criterion - Name: Communication / Weighting: 6
Quality criterion - Name: Economic forecasting / Weighting: 6
Quality criterion - Name: Local Authority Statutory and Regulatory Framework / Weighting: 7.5
Quality criterion - Name: Compliance / Weighting: 6
Quality criterion - Name: Risk / Weighting: 7.5
Quality criterion - Name: Non Public Works Loan Board Funding / Weighting: 8
Quality criterion - Name: Investment Portfolio Management / Weighting: 6.5
Quality criterion - Name: Credit Rating / Weighting: 6.5
Quality criterion - Name: Local Authority Credit Risk / Weighting: 11
Quality criterion - Name: Cash Fund Benchmarking / Weighting: 7.5
Quality criterion - Name: Community Benefits / Weighting: 5
Quality criterion - Name: Presentation / Weighting: 15
Price - Weighting: 20
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 48
This contract is subject to renewal: yes
Description of renewals:

4.1 It is the intention of the Council that any Contract resulting from this ITT will commence on 3.1.2019 for a period of 2 years with the option to extend for up to 2 further periods of 12 months (a total of up to 2 additional years), undertaken at the sole discretion of the Council.

II.2.10)Information about variants
Variants will be accepted: no
II.2.11)Information about options
Options: no
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information

Section III: Legal, economic, financial and technical information

III.1)Conditions for participation
III.1.1)Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
III.1.2)Economic and financial standing
List and brief description of selection criteria:

Tenderers are required to have a minimum “general” annual turnover of 400 000 GBP for the last two financial years. Where a Tenderer does not have an annual turnover of this value, the Council may exclude the Tenderer from the competition or may apply discretion seeking supporting evidence to determine the Tenderer’s suitability to proceed in the competition.

Current ratio for current year:

Current ratio for prior year:

The formula for calculating a Tenderer’s current ratio is current assets divided by current liabilities. The acceptable range for each financial ratio is greater than 1.15. Where a Tenderer’s current ratio is less than the acceptable value, the Council may exclude the Tenderer from the competition or may apply discretion seeking supporting evidence to determine the Tenderer’s suitability to proceed in the competition.

III.1.3)Technical and professional ability
III.1.5)Information about reserved contracts
III.2)Conditions related to the contract
III.2.1)Information about a particular profession
III.2.2)Contract performance conditions:
III.2.3)Information about staff responsible for the performance of the contract

Section IV: Procedure

IV.1)Description
IV.1.1)Type of procedure
Open procedure
IV.1.3)Information about a framework agreement or a dynamic purchasing system
IV.1.4)Information about reduction of the number of solutions or tenders during negotiation or dialogue
IV.1.6)Information about electronic auction
IV.1.8)Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: yes
IV.2)Administrative information
IV.2.1)Previous publication concerning this procedure
IV.2.2)Time limit for receipt of tenders or requests to participate
Date: 08/10/2018
Local time: 15:00
IV.2.3)Estimated date of dispatch of invitations to tender or to participate to selected candidates
IV.2.4)Languages in which tenders or requests to participate may be submitted:
English
IV.2.6)Minimum time frame during which the tenderer must maintain the tender
Tender must be valid until: 08/01/2019
IV.2.7)Conditions for opening of tenders
Date: 08/10/2018
Local time: 15:00

Section VI: Complementary information

VI.1)Information about recurrence
This is a recurrent procurement: no
VI.2)Information about electronic workflows
VI.3)Additional information:

Note: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=556435

The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at https://www.publiccontractsscotland.gov.uk/sitehelp/help_guides.aspx

Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems.

Community benefits are included in this requirement. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2361

A summary of the expected community benefits has been provided as follows:

Tenderers must give details of the Community Benefit(s) they will provide if successful in being awarded this contract.

Your response must detail:

— the name(s) and address(es) of the Registered Charities or recognised community groups you will sponsor,

— the specific project(s) which will be targeted and the associated community benefit which will result,

— the quantity and value GBP of the community benefits offered, including the proposed timing of sponsorship,

— any additional resources you will use to ensure successful delivery,

— how will you monitor progress and update the Council.

(SC Ref:556435)

Download the ESPD document here: https://www.publiccontractsscotland.gov.uk/ESPD/ESPD_Download.aspx?id=556435

VI.4)Procedures for review
VI.4.1)Review body
The City of Edinburgh Council
Waverley Court, 4 East Market Street
Edinburgh
EH8 8BG
United Kingdom
Telephone: +44 1314693922
E-mail: procurement@edinburgh.gov.uk

Internet address: http://www.edinburgh.gov.uk

VI.4.2)Body responsible for mediation procedures
VI.4.3)Review procedure
VI.4.4)Service from which information about the review procedure may be obtained
VI.5)Date of dispatch of this notice:
06/09/2018