Awarded

Treasury Management Advisory Services for Newcastle-under-Lyme Borough Council

Awarded 31 Mar 2022

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Awarded31 Mar 2022
Value£49,500.00
RegionWest Midlands
CategoryConsultancy & Legal
Expires in 5mo5y term, 92% elapsed
Awarded 31 Mar 2022Expires 30 Mar 2027

Newcastle-under-Lyme Borough Council awarded a contract to Arlingclose Limited for Treasury Management Advisory Services.

The contract, valued at AUD 49,500, was initiated as the Council reviewed its provision of such services, with the previous contract ending 31st March 2022.

At the time, the Council was a debt-free authority with an investment portfolio fluctuating from GBP0 up to approximately GBP10 million, managed in-house without fund managers.

The portfolio was expected to reduce due to capital receipts being fully utilised, and the Council forecast it would not remain debt-free during the contract period.

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