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AwardedFind a Tender · award

Bond Treasury Advisor

Buyer: ORBIT GROUP LIMITED →

BuyerORBIT GROUP LIMITED
StatusAwarded
DeadlineNot published
ValueValue not published
Published11 May 2026

What is being bought

We are seeking specialist Treasury Advisory support to provide independent advice and project support for a potential bond issuance under our EMTN Programme. This includes strategic advice on timing, structure and size of the bond, support with appointing and managing bookrunners, investor presentation and marketing support, pricing and execution benchmarking, hedging advice, and overall coordination of the issuance process through to completion.

Delivery location

UKC · UKD · UKE · UKF · UKG · UKH · UKI · UKJ · UKK

Categories

Financial and insurance services 66000000Economic impact assessment 79311410Business and management consultancy and related services 79400000Financial and insurance services 66000000

Lot details

Lot 1

This contract is a direct award to Savills through the National Framework Partnership - Treasury Services framework

Statuscancelled

Award criteria
price

What is included

ItemCategoryQuantity
1Financial and insurance services, Economic impact assessment, Business and management consultancy and related servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Financial and insurance services (66000000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 662,7583 median · 17.2 average (1,184 of 2,758 with a bid count)2.5 average (1,316 of 2,758 with named award suppliers)Not published
Same buyer4Not publishedNot publishedNot published
Delivery region: UKC1142 median · 20.2 average (42 of 114 with a bid count)3.7 average (47 of 114 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleWhy direct award: We are directly awarding this work to Savills, our existing Treasury Advisors, for the following reasons: • Savills already have a deep understanding of Orbit's treasury strategy, financial position, risk appetite and governance, having supported as Treasury Advisors under the retainer. • Continuity of advisor is critical for a time sensitive and market dependent transaction, reducing delivery risk and avoiding duplication of work and cost. • The proposed fee represents value for money, with Savills offering a reduced rate compared to market norms for a bond issuance, recognising that this is under an already established EMTN programme, reducing from 10bps to 3bps.
Rationale classificationsThe procurement falls outside the scope of application of the directive
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

Bond Treasury Advisor

Statusactive
Value£70,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-06963a
Latest release ID043229-2026
Latest release timestampMon May 11 2026 16:36:03 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodlimited
Procurement method detailsAward procedure without prior publication of a call for competition
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release3

Notice history

DateEventReference
11 May 2026award, contract043229-2026

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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  "bids": {
    "statistics": [
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  "buyer": {
    "id": "GB-COH-IP28503R",
    "name": "ORBIT GROUP LIMITED"
  },
  "awards": [
    {
      "id": "043229-2026-1",
      "title": "Bond Treasury Advisor",
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          "name": "Savills (UK) Limited"
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  "tender": {
    "id": "BTH0014",
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    "items": [
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        "id": "1",
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        "deliveryAddresses": [
          {
            "region": "UKC"
          },
          {
            "region": "UKD"
          },
          {
            "region": "UKE"
          },
          {
            "region": "UKF"
          },
          {
            "region": "UKG"
          },
          {
            "region": "UKH"
          },
          {
            "region": "UKI"
          },
          {
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          {
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          {
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            "description": "Economic impact assessment"
          },
          {
            "id": "79400000",
            "scheme": "CPV",
            "description": "Business and management consultancy and related services"
          }
        ]
      }
    ],
    "title": "Bond Treasury Advisor",
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    "legalBasis": {
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    },
    "description": "We are seeking specialist Treasury Advisory support to provide independent advice and project support for a potential bond issuance under our EMTN Programme. This includes strategic advice on timing, structure and size of the bond, support with appointing and managing bookrunners, investor presentation and marketing support, pricing and execution benchmarking, hedging advice, and overall coordination of the issuance process through to completion.",
    "classification": {
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    "procurementMethodRationale": "Why direct award:\nWe are directly awarding this work to Savills, our existing Treasury Advisors, for the following reasons:\n•\tSavills already have a deep understanding of Orbit's treasury strategy, financial position, risk appetite and governance, having supported as Treasury Advisors under the retainer.\n•\tContinuity of advisor is critical for a time sensitive and market dependent transaction, reducing delivery risk and avoiding duplication of work and cost.\n•\tThe proposed fee represents value for money, with Savills offering a reduced rate compared to market norms for a bond issuance, recognising that this is under an already established EMTN programme, reducing from 10bps to 3bps.",
    "procurementMethodRationaleClassifications": [
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        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The procurement falls outside the scope of application of the directive"
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    ]
  },
  "parties": [
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      "id": "GB-COH-IP28503R",
      "name": "ORBIT GROUP LIMITED",
      "roles": [
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      "address": {
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        "locality": "Coventry",
        "postalCode": "CV32SU",
        "countryName": "United Kingdom",
        "streetAddress": "Garden Court, Harry Weston Road, Binley Business Park, Binley"
      },
      "details": {
        "url": "https://www.orbit.org.uk/",
        "classifications": [
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            "id": "REGIONAL_AUTHORITY",
            "scheme": "TED_CA_TYPE",
            "description": "Regional or local authority"
          },
          {
            "id": "06",
            "scheme": "COFOG",
            "description": "Housing and community amenities"
          }
        ]
      },
      "identifier": {
        "id": "IP28503R",
        "scheme": "GB-COH",
        "legalName": "ORBIT GROUP LIMITED"
      },
      "contactPoint": {
        "name": "Barbara Hunter",
        "email": "group.tenders@orbit.org.uk"
      }
    },
    {
      "id": "GB-COH-02605138",
      "name": "Savills (UK) Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "postalCode": "W1G 0JD",
        "countryName": "United Kingdom",
        "streetAddress": "33 Margaret St"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "02605138",
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    },
    {
      "id": "GB-FTS-179011",
      "name": "Royal institution of chartered surveyors",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "Royal institution of chartered surveyors"
      }
    }
  ],
  "language": "en",
  "contracts": [
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      },
      "status": "active",
      "awardID": "043229-2026-1",
      "dateSigned": "2026-04-29T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}
Complete JSON history (1 releases)
11 May 2026 · 043229-2026 · award, contract
{
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          "name": "Savills (UK) Limited"
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    "items": [
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        "deliveryAddresses": [
          {
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          {
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          {
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          },
          {
            "region": "UKF"
          },
          {
            "region": "UKG"
          },
          {
            "region": "UKH"
          },
          {
            "region": "UKI"
          },
          {
            "region": "UKJ"
          },
          {
            "region": "UKK"
          }
        ],
        "additionalClassifications": [
          {
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            "description": "Financial and insurance services"
          },
          {
            "id": "79311410",
            "scheme": "CPV",
            "description": "Economic impact assessment"
          },
          {
            "id": "79400000",
            "scheme": "CPV",
            "description": "Business and management consultancy and related services"
          }
        ]
      }
    ],
    "title": "Bond Treasury Advisor",
    "status": "complete",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "We are seeking specialist Treasury Advisory support to provide independent advice and project support for a potential bond issuance under our EMTN Programme. This includes strategic advice on timing, structure and size of the bond, support with appointing and managing bookrunners, investor presentation and marketing support, pricing and execution benchmarking, hedging advice, and overall coordination of the issuance process through to completion.",
    "classification": {
      "id": "66000000",
      "scheme": "CPV",
      "description": "Financial and insurance services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "Why direct award:\nWe are directly awarding this work to Savills, our existing Treasury Advisors, for the following reasons:\n•\tSavills already have a deep understanding of Orbit's treasury strategy, financial position, risk appetite and governance, having supported as Treasury Advisors under the retainer.\n•\tContinuity of advisor is critical for a time sensitive and market dependent transaction, reducing delivery risk and avoiding duplication of work and cost.\n•\tThe proposed fee represents value for money, with Savills offering a reduced rate compared to market norms for a bond issuance, recognising that this is under an already established EMTN programme, reducing from 10bps to 3bps.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The procurement falls outside the scope of application of the directive"
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  "parties": [
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      "id": "GB-COH-IP28503R",
      "name": "ORBIT GROUP LIMITED",
      "roles": [
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        "region": "UKG33",
        "locality": "Coventry",
        "postalCode": "CV32SU",
        "countryName": "United Kingdom",
        "streetAddress": "Garden Court, Harry Weston Road, Binley Business Park, Binley"
      },
      "details": {
        "url": "https://www.orbit.org.uk/",
        "classifications": [
          {
            "id": "REGIONAL_AUTHORITY",
            "scheme": "TED_CA_TYPE",
            "description": "Regional or local authority"
          },
          {
            "id": "06",
            "scheme": "COFOG",
            "description": "Housing and community amenities"
          }
        ]
      },
      "identifier": {
        "id": "IP28503R",
        "scheme": "GB-COH",
        "legalName": "ORBIT GROUP LIMITED"
      },
      "contactPoint": {
        "name": "Barbara Hunter",
        "email": "group.tenders@orbit.org.uk"
      }
    },
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      "id": "GB-COH-02605138",
      "name": "Savills (UK) Limited",
      "roles": [
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      "address": {
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        "locality": "London",
        "postalCode": "W1G 0JD",
        "countryName": "United Kingdom",
        "streetAddress": "33 Margaret St"
      },
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      },
      "identifier": {
        "id": "02605138",
        "scheme": "GB-COH",
        "legalName": "Savills (UK) Limited"
      }
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    {
      "id": "GB-FTS-179011",
      "name": "Royal institution of chartered surveyors",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
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        "legalName": "Royal institution of chartered surveyors"
      }
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      "status": "active",
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      "dateSigned": "2026-04-29T00:00:00+01:00"
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  ],
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}