Treasury Management Advisory Services (2024-2027)

Tender description

North Lanarkshire Council (NLC) is seeking a Treasury Management Advisory service, tailored to meet our specific requirements, which provides the necessary specialist skills and resources to advise the Treasury Management function, in managing the Council’s loan debt and investment portfolio, secure capital funding and manage daily cash balances at a cost demonstrating value for money. Lot 1: The Council requires a Treasury Management advisor who has experience of providing advice to the Scottish Local Authority market and can provide independent and impartial advice at a strategic and operational level. This will involve support in ensuring that the Treasury Management function fully meets requirement of the applicable CIPFA codes, accounting standards and relevant legislation. Advice will also be required in the adoption of a tactical and strategic approach in the development of the Council’s Investment and Borrowing Strategies. The Council may also look to work closely with the advisor to assess and evaluate different borrowing and investment scenarios and outcomes, including debt rescheduling, drawing on their experience and specialist knowledge.. Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 58 of the Public Contracts (Scotland) Regulations 2015.