Treasury Management consultancy service and Ad-hoc leasing/asset finance

Tender description

Knowsley currently has a long term debt portfolio of £118.590m made up of £101.290m in PWLB loans and £17.3m LOBO's with an average rate of debt of approx 4.4%. Current investments held on 31 March 2015 total £73.128m - split between call accounts, money market funds, short term fixed investments and long term deposits. Knowsley also provides a Treasury Management Service for the Police and Crime Commissioner for Merseyside. Therefore, knowledge gained from Knowsley's Treasury Management consultancy service will be used in the day to day running of the Police and Crime Commissioner for Merseyside's treasury functions. Knowsley currently has two external operating leases; both are low in value and relate to schools assets. The Council also has just one finance lease for its Community Information Network, which is due to expire in 15/16. The Council tends to prudentially borrow to fund assets rather than lease but would like to have a leasing advisory service available to them on and ad-hoc basis. Deadline for submissions is Friday 22nd May 2015 at 9.30am <b><u>For full details of specification please express an interest in this opportunity</u></b>