Award

Wrexham Council - Lease Financing (March-23)

ARLINGCLOSE LIMITED

This public procurement record has 2 releases in its history.

Award

04 Apr 2023 at 08:30

Award Notice
Tender

28 Feb 2023 at 17:26

Tender Notice
Summary of the contracting process

The Wrexham County Borough Council is seeking a Lessor to fund the acquisition of vehicles through lease financing. The total amount for the acquisition is £153,905 + VAT. Arlingclose Ltd. is managing this tender opportunity on behalf of Wrexham Council. The procurement method is an open procedure below the threshold, with the tender period ending on March 16, 2023, and the contract period starting on March 31, 2023, and ending on March 30, 2030. The main procurement category is services, and the procurement stage is at the award phase as of March 21, 2023.

This tender for lease financing opportunities in the services sector can be beneficial for small and medium enterprises (SMEs) looking to expand their business in the financial leasing industry. Businesses that specialize in financial leasing services or have experience in providing lease financing solutions would be well-suited to compete for this opportunity. With a specific focus on the acquisition of vehicles through sale and leaseback, companies with expertise in vehicle financing and leasebacks could find this tender as a suitable avenue for business growth and development.

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Notice Information

Notice Title

Wrexham Council - Lease Financing (March-23)

Notice Description

Wrexham County Borough Council is seeking the appointment of a Lessor to fund the acquisition of vehicles, already purchased by the Authority, costing PS153,905 + VAT in total, by way of sale and leaseback. Lease financing only is required, not procurement of vehicles. Full details available in the attached ITT document. Additional information: Arlingclose Ltd. is running this tender opportunity on behalf of Wrexham Council.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0e5f6fa6-dd86-41f3-bb51-797184797b4e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8d8ffee7-6a8f-4044-9019-7791ad52bc55
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 (below threshold)
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
£153,905 £100K-£500K
Lots Value
Not specified
Awards Value
£153,905 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Apr 20233 years ago
Submission Deadline
16 Mar 2023Expired
Future Notice Date
Not specified
Award Date
21 Mar 20233 years ago
Contract Period
30 Mar 2023 - 30 Mar 2030 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
EC3R 7AE
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
TLL Wales
Local Authority
City of London
Electoral Ward
Tower
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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