Tender

Wrexham County Borough Council - Lease Financing for Vehicles (Jan-20)

ARLINGCLOSE LIMITED

This public procurement record has 1 release in its history.

Tender

07 Jan 2020 at 09:41

Summary of the contracting process

The Wrexham County Borough Council, represented by Arlingclose Limited, is currently seeking bids for a Finance Lease for vehicle assets, with a total estimated value of £1,600,449 plus VAT. This tender is classified under the industry category of Financial leasing services and is located in Wales, United Kingdom. The procurement process is at the tender stage, with the submission deadline set for 31 January 2020. The contract period is expected to commence from 28 February 2020 and extend until 27 February 2025, following an open procurement method aimed at accessing a wide range of bidders.

This contract represents a substantial opportunity for businesses involved in vehicle leasing and asset financing. SMEs, in particular, are well-suited to compete for this tender due to its open nature, which encourages participation from smaller enterprises that can provide competitive leasing solutions. Firms specialising in financial services or automotive industries may find this procurement process aligns well with their capabilities and could facilitate long-term growth through a significant contract with a local authority.

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Notice Title

Wrexham County Borough Council - Lease Financing for Vehicles (Jan-20)

Notice Description

The Council is seeking bids for a Finance Lease for Vehicle assets over 5 years. The overall cost of the assets totaling GBP PS1,600,449 + VAT. The drawdown is forecast for end of February 2019. Additional information: Arlingclose is running this opportunity on behalf of Wrexham Borough Council.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-193e632f-6f81-4281-a56d-19a4cd0172d2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6e2af0a8-311c-44fb-aab4-cfe5e104f175
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66114000 - Financial leasing services

Notice Value(s)

Tender Value
£1,600,449 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Jan 20206 years ago
Submission Deadline
31 Jan 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
28 Feb 2020 - 27 Feb 2025 Over 5 years
Recurrence
Not specified

Notice Status

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

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
EC1Y 4SE
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLL Wales

Local Authority
Islington
Electoral Ward
Bunhill
Westminster Constituency
Islington South and Finsbury

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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