Award

Maidstone Borough Council - Lease Financing for Vehicles (Jan-17)

ARLINGCLOSE LIMITED

This public procurement record has 2 releases in its history.

Award

08 May 2017 at 15:41

Award Notice
Tender

11 Jan 2017 at 10:36

Tender Notice
Summary of the contracting process

Maidstone Borough Council has completed a public procurement process for "Lease Financing for Vehicles," with a total budget of £147,684. This tender aimed to appoint lessor(s) to finance vehicles already acquired by the Council, primarily through operating or finance leases. The contract term is set from 31 March 2017 to 30 March 2022, following an open procurement method. The tender period concluded on 3 February 2017, and the associated funding opportunity was managed by Arlingclose Ltd. The project falls under the financial leasing services category, specifically within the South East region of the United Kingdom.

This procurement process offers significant opportunities for small and medium-sized enterprises (SMEs) specialising in financial leasing services. Businesses in this sector should consider participating, as the contract involves leasing provisions that could benefit from competitive bids. The tender also highlights a preference for suppliers capable of providing flexible financial solutions related to vehicle leasing, thereby enhancing their potential for business growth in municipal contracts.

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Notice Information

Notice Title

Maidstone Borough Council - Lease Financing for Vehicles (Jan-17)

Notice Description

Maidstone Borough Council is seeking the appointment of a Lessor(s) to fund the acquisition of vehicles, already purchased by the Council, split into lots but costing PS147,684.00 in total, either by way of an Operating Lease(s) or Finance Lease(s). Arlingclose Ltd. is running this opportunity on behalf of the Council

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-08c79cd3-f6fb-4de9-9953-92ed098479dc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2103cd27-07f6-413b-9ea2-a4c2b300c357
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66114000 - Financial leasing services

Notice Value(s)

Tender Value
£147,684 £100K-£500K
Lots Value
Not specified
Awards Value
£147,684 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 May 20178 years ago
Submission Deadline
3 Feb 2017Expired
Future Notice Date
Not specified
Award Date
24 Feb 20179 years ago
Contract Period
30 Mar 2017 - 30 Mar 2022 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
ARLINGCLOSE LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2R 6EL
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLJ South East (England)
Local Authority
City of London
Electoral Ward
Coleman Street
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

JCB FINANCE

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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