Provision of Fuel Hedging Financial Services for the Ministry of Defence
What the buyer wrote
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 three years (on a rolling quarterly basis) from 2017 to 2020 with an option to extend for a further one year until 2021. The Forecast annual requirement of aviation, marine and ground fuel for the MOD is 820 million litres. Under the agreements Swaps will be offered for some 80% o…
Details
- What the buyer calls it
- Provision of Fuel Hedging Financial Services for the Ministry of Defence
- How they are buying
- Advertised, shortlist firstSuppliers applied to be considered, and the buyer picked who went on to bid.
- Type
- services
- Suitable for small firms
- The buyer says yes. What that is worth
- Work starts
- 1 Mar 2017
- Work ends
- 28 Feb 2021
- Kind of work
- Accountancy, audit and financial advice
Who the buyer named
The buyer published a contact address on this notice.