Financial markets administration services

Tender description

The Ministry of Defence (MOD) Financial Management Policy and Accounting team (FMPA) provides financial management services for the MOD. This includes a Treasury Management service that operates the current Fuel Hedging Financial Services Framework with accredited commercial and investment institutions. The requirement covers bulk aviation (jet fuel), marine diesel and ground fuel and instruments (Swaps) over 3 years (on a rolling quarterly basis) from 2017 to 2020 with an option to extend for a further 1 year until 2021. The Forecast annual requirement of aviation, marine and ground fuel for the MOD is 820 000 000 litres. Under the agreements Swaps will be offered for some 80 % of the MOD forecast demand, on a quarterly basis, layered 3 years forwards. The Ministry of Defence (MOD) Financial Management Policy and Accounting team (FMPA) provides financial management services for the MOD. This includes a Treasury Management service that operates the current Fuel Hedging Financial Services Framework with accredited commercial and investment institutions. The requirement covers bulk aviation (jet fuel), marine diesel and ground fuel and instruments (Swaps) over 3 years (on a rolling quarterly basis) from 2017 to 2020 with an option to extend for a further 1 year until 2021. The Forecast annual requirement of aviation, marine and ground fuel for the MOD is 820 000 000 litres. Under the agreements Swaps will be offered for some 80 % of the MOD forecast demand, on a quarterly basis, layered 3 years forwards. The Dynamic Pre-Qualification Questionnaire (DPQQ) should be accompanied by evidence of legal status, economic standing and technical capacity, in line with the additional Technical Questions. Late or incomplete applications will not be considered. If interested parties have already submitted such evidence in relation to another requirement, they should note this in their DPQQ submission and provide details of the requirement and to whom the information was addressed.