SC230044 - Treasury Advisor Service

This is a contract result notice, not an open opportunity. Details from the official award data.

Kent County Council (KCC) manages investments of some £500m and a debt portfolio of circa £800m.

These are substantial sums of money and KCC is therefore exposed to significant financial risks including the loss of invested funds and the revenue effect of changing interest rates.

KCC's strategic objective is to control and monitor these risks and minimize their impact on its revenue budget. \r \r The Council is looking for an advisor with demonstrable Treasury Management skills and a long track record of successfully advising local authorities in this area.

The Council will rely on the advice and information provided in making its own independent decisions on its treasury management and investment activities. \r \r These services supplement the Council's in-house capacity to take treasury management decisions with specialist treasury management advice enriched by high frequency contact with relevant financial institutions and their regulators and frequent consideration of a wide range of relevant sources of information and analysis relevant to the formation of such advice.\r Further details of the services required by KCC can be found in the Invitation to Tender available on the Kent Business Portal (www.kentbusinessportal.org.uk) \r \r Candidates who wish to be considered for this opportunity are required to submit a Selection Questionnaire (SQ) and complete the Invitation to Tender (ITT) pack via the Kent Business Portal no later than 28/04/2023\r \r This notice is to replace the SC220274 notice as that procurement had to be cancelled due to material changes being required to the service to meet the needs of KCC. \r

Free to start. Named contacts come from published notices; the strategy is generated from the buyer’s news, accounts and people.