SC220274 - Treasury Advisor

The Council 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. The role of the treasury advisor is seen as being key to the Council achieving its objective. KCC is therefore seeking to appoint a treasury advisor to provide advice and guidance on its treasury management and investment strategy. The services provided must include investment advice and not just the provision of information. The Council will rely on the advice and information provided in making its own independent decisions on its treasury management and investment activities. 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. The provider will be required to provide the following Treasury advisory services to Kent County Council: Core Specification 1. Treasury management advice 2. Market and counterparty information 3. Cashflow management and forecasting 4. Accounting support 5. Monitoring the performance of the Council’s investment and debt portfolio 6. Support for compliance with CIPFA’s guidelines for Treasury Management Reporting 7. Treasury Management Practices 8. Training for Officers and Members 9. Debt Restructuring Advice Tenderers must demonstrate that they can deliver the above service specification by explaining how they would deliver each aspect of the service within each of the following sections below. Tenderers must make sure that they fully explain how the service would be delivered. Anything that is not directly relevant should not be included. Wherever possible tenderers should demonstrate how they will go further than what is being asked for, to add value. Candidates who wish to be considered for this opportunity are initially required to submit a Selection Questionnaire via the Kent Business Portal no later than 23td January 2023. Documentation will be automatically issued on expression of interest on the Kent Business Portal.