Provision of Treasury Management Services to Guildford Borough Council
Awarded 01 Apr 2022
About
Guildford Borough Council awarded a contract to Arlingclose Ltd for the provision of Treasury Management Services.
The contract, valued at AUD 135,000, was for a 3-year term with a possible two-year extension, commencing on 1 April 2022.
The services covered the management of the Council's investments, borrowing, and external funds, including approximately £140 million in-house investments, £15 million in external funds, and £194 million external debt relating to the Housing Revenue Account.
The contract was awarded in accordance with relevant regulations and codes, including the Local Government Act 2003 and CIPFA codes.
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