Treasury Cash Management Services

Published

24 January 2024

Submission deadline

23 February 2024

Estimated value

€1,250,000

Place of performance

IE061

Procedure

neg-w-call

Lots

1

Notice number

00049453-2024

Reference

31167d33-91ad-4d0e-ad18-bfae73aef48a

Official source

Official source

CPV codes

• 66600000Servicios de tesorería
• 79412000Servicios de consultoría en gestión financiera

Description

Dublin Port Company proposes to engage in a competitive process for the establishment of a framework agreement for provision of treasury cash management services. Dublin Port Company is currently holding surplus cash balances in the region of €100m to €150m and investing its surplus in call deposits and exchequer notes. The amount of this surplus will decrease over time. Dublin Port has recently adopted a Treasury Cash Management Policy and is seeking an investment advisor to work with them on the implementation and execution of this policy. The policy focuses on liquidity and low risk with a time horizon of 1 to 3 years to suit the Company’s potential treasury requirements. Treasury objectives, in order of priority, are to; 1. Maintain robust operating liquidity at all times; 2. Position capital for investment in line with strategic objectives; 3. Hold medium to long-term reserves in a diversified portfolio that is cognisant of prevailing interest rates and inflation.

Frequently asked questions

What is the deadline to bid for this tender?

The submission deadline is 23 February 2024. Check the official source, as dates can be modified.

What is the estimated value of this tender?

The estimated value published by the buyer is €1,250,000.

Who is the buyer of this tender?

The contracting authority is Dublin Port Company_411 (European Union).