UK

Contract award notice

Information

Published

External Reference: 2024-557042

FTS Reference: 2024-038504

Contract award notice

Contract award notice

Results of the procurement procedure

Section I: Contracting authority

I.1)

Name and addresses

Sheffield City Council
(GB) 173 5488 38
Town Hall, Pinstone Street,
Sheffield
S1 2HH
UK
Contact person: Tim Dent
Telephone: +44 01142053646
E-mail: tim.dent@sheffield.gov.uk
NUTS code:  UKE32 -  Sheffield
Internet address(es):
Main address: http://sheffield.gov.uk
Address of the buyer profile: https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/104130

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

Minimum Revenue Provision Operating Model Review
Reference number:  93636
II.1.2)

Main CPV code

66000000  -  Financial and insurance services
II.1.3)

Type of contract

Services
II.1.4)

Short description

Review the calculation of the Capital Financing Requirement (CFR) and the Minimum Revenue Provision (MRP) to ensure a prudent MRP charge to the revenue account.
II.1.6)

Information about lots

This contract is divided into lots: no
II.1.7)

Total value of the procurement

Value excluding VAT:  215000.00  GBP
II.2)

Description

II.2.2)

Additional CPV code(s)

66000000  -  Financial and insurance services
II.2.3)

Place of performance

NUTS code:  UKE32 -  Sheffield
II.2.4)

Description of the procurement

Review the calculation of the Capital Financing Requirement (CFR) and the Minimum Revenue Provision (MRP) to ensure a prudent MRP charge to the revenue account.
II.2.5)

Award criteria

Criteria below
Quality criterion  -  Name:  Quality  /  Weighting:  50
Price  -  Weighting:  50
II.2.11)

Information about options

Options: no
II.2.13)

Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: no

Section IV: Procedure

IV.1)

Description

IV.1.1)

Type of procedure

Award of a contract without prior publication of a call for competition in the Find a Tender service in the cases listed below
  • The contract falls outside the scope of application of the regulation
Explanation
A Direct Award was placed using Lot 2d (General Finance) of the ESPO Consultancy Services (664_21) Framework to the Council's current Treasury Advisers would are best placed to undertake this review within the timescales as they already understand our current working model and have built relationships with internal stakeholders who they will need to discuss things with.
IV.1.8)

Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement : yes
IV.2)

Administrative information

Section V: Award of contract

Contract No: 1

Title: Minimum Revenue Provision Operating Model Review

A contract/lot is awarded: yes
V.2)

Award of contract

V.2.1)

Date of conclusion of the contract

28/11/2024
V.2.2)

Information about tenders

Number of tenders received:  1
The contract has been awarded to a group of economic operators :  no
V.2.3)

Name and address of the contractor

Link Treasury Services Ltd
Leeds
UK
NUTS code:  UK -  UNITED KINGDOM

The contractor is an SME : yes
V.2.4)

Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot:  215000.00  GBP

Section VI: Complementary information

VI.4)

Procedures for review

VI.4.1)

Review body

Sheffield City Council
Sheffield Town Hall, Pinstone Street,
Sheffield
UK
Internet address: https://www.sheffield.gov.uk

VI.4.2)

Body responsible for mediation procedures

Sheffield City Council
Sheffield Town Hall, Pinstone Street,
Sheffield
UK
Internet address: https://www.sheffield.gov.uk

VI.4.4)

Service from which information about the review procedure may be obtained

Sheffield City Council
Sheffield Town Hall, Pinstone Street,
Sheffield
UK
Internet address: https://www.sheffield.gov.uk