Decision details

The purpose of the report is to gain approval for the award of a contract to an appropriately qualified organisation for the provision of treasury management consultancy services that meets all the specified requirements; the current contract is due to expire on 31 March 2023.

RESOLVED - That: the appointment of Arlingclose Limited as the preferred supplier of treasury management consultancy services to Oldham and the other Councils as outlined in the report..

Option 1 - To approve the award of the treasury management consultancy contract to Arlingclose Limited.
Option 2 - To award the treasury management consultancy contract to a bidder that did not have the highest score at the tender evaluation stage.
Option 3 - Not to approve the award of the contract to Arlingclose Limited or other bidders and go back to tender to seek other suppliers

Options 2 and 3

Initial consultation was conducted via GMAMT (Greater Manchester Association of Municipal Treasurers). Once it was established that there was interest from within AGMA, Oldham Council consulted with treasury staff at AGMA and associate Authorities.
Regular consultation was undertaken between all interested parties in terms of specification, evaluation criteria and timing of the tender process.
The Cabinet Member for Finance and Low Carbon has been advised of the process as it has progressed.
Finance, Legal and Procurement Officers have also been consulted.