Find a TenderAwarded
Published 8 Oct 2025, 14:25 BST

Official UK procurement notice

Provision of Treasury Management Advisory Services

Official notice

Authority: The Highland Council (Local council)

ServicesOpen procedureSME suitable
Published estimate£88,000exc. VAT6.7% below published estimate
Submissions closed 7 Nov 2025awarded 23 Dec 2025
Awarded to MUFG Corporate Markets

What is being bought

Published requirement description

The Highland Council are inviting tenders for Treasury Management Advisory Services for a three-year period, with an option to extend by a further period of up to twelve months.

  • Recurrence: September 2029

CPV: Treasury services

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewalPublished value£88,000
Delivery: Scotland · Inverness
Extensions: 1 x12 month extension period · 12 month option to extendVariant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 70%Price: 30%
Published award criteria (2)
  • Quality: 70
  • Price: 30
Conditions of participation4
  • Suitability

    The Service Provider must be authorised and regulated by the Financial Conduct Authority (“FCA”) and is entered on the FCA register.

  • Economic & financial standing

    The Bidder is required to provide the Authority with the following;

    • “general” yearly turnover for the last financial three (3) years in the business area covered by the Contract; SPD 4B1a

    “specific” turnover for the last financial three (3) years in the business area covered by the Contract; SPD 4B2a

    The Authority will undertake a credit rating review of the successful bidder.

    If in the opinion of the Authority there is too great a risk involved in contracting with an organisation, then the organisation shall Fail the Qualification – SPD.

    Minimum: Minimum level(s) of standards required: The Contractor must hold (or be willing to arrange) the following insurances throughout the duration of any contract with the Authority: - Employers Liability Insurance of not less than 5 MILLION POUNDS (GBP 5,000,000) STERLING in respect o…
  • Technical & professional ability

    The Service Provider must be authorised and regulated by the Financial Conduct Authority (“FCA”) and is entered on the FCA register.

    The Service Provider shall ensure that all personnel and other persons providing the Services are at all times properly and sufficiently qualified, competent, careful, skilled, honest, experienced, instructed and supervised as the case may be with regard to the Services and in particular to ensure adequate discharge of the Service Provider’s obligation in relation to:

    • The task or tasks such a person has to perform;
    • All relevant provisions of the agreement; and
    • All relevant policies, rules, procedures and standards of the Council
  • Technical & professional ability

    The Service Provider must be authorised and regulated by the Financial Conduct Authority (“FCA”) and is entered on the FCA register.

Staff
Names and qualifications of delivery staff must be submitted
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Yes · September 2029
First published
8 Oct 2025, 14:25 BST
Last source update
6 Jan 2026, 15:19 GMT
Award evaluation window
7 Nov 2025 – …
Authority reference
HC/COR/TM/2025
FTS notice number
2026/S 000-000751
Classification (CPV)
Treasury services
Delivery area
Scotland (UKM6)
Official registry OCID
ocds-h6vhtk-05aaae Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

Publisher note: (SC Ref:819763)

How it was run

Official notice
Run through: Public Contracts Scotland · Who buys & how to bid on PCS
Supplier login requiredLanguage: EN
Access & registration note: Free single registration for Scotland; PCS-Tender (Jaggaer) for full bidding
Submission deadline
7 Nov 2025, 17:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
120 days from the deadline
Bids opened
7 Nov 2025, 17:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

7 Nov 2025 → 6 Jan 2026 · 3 dates
  1. Submission deadline354 days ago
    7 Nov 2025, 17:00 GMT
  2. Bids opened354 days ago
    7 Nov 2025, 17:00 GMT
  3. Notice published294 days ago
    6 Jan 2026, 15:19 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    6 Jan 2026, 15:19 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £82,1401 contract exc. VAT
Bids received 22 from SMEs
Contracts signed 1latest 23 Dec 2025
Awarded toValueDateStatus
MUFG Corporate Markets£82,140 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids · 2 electronic · 2 from abroad2——

Contracting authority & participating public bodies

The Highland Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Glenurquhart Road, Inverness, Scotland, IV3 5NXContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Inverness Sheriff CourtReview body Inverness

Bidders & participating suppliers

1 commercial party on the notice
  • MUFG Corporate MarketsAwarded supplier 19th Floor, 51 Lime Street, London, London, EC3M 7DQContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.