This public procurement record has 1 release in its history.

Award

09 May 2025 at 15:40

Summary of the contracting process

Kent County Council, trading as Procurement Services, has successfully completed the tender process for the "Supply of Financial Leasing Solutions" framework agreement. The procurement, categorised under financial leasing services, encompasses a comprehensive range of leasing solutions spread across ten distinct lots, including ICT and telecommunications equipment, green technology, and general medical equipment, among others. The tender utilised an open procedure and has now progressed to the award stage as of 8th May 2025. The contract period is set to commence on 10th May 2025 and conclude on 28th February 2029, with agreements active across the United Kingdom, British Overseas Territories, and beyond. The framework aims to provide high-quality, competitively priced leasing solutions, with a total value of £800 million.

This framework presents a considerable opportunity for businesses seeking to contribute to the public sector across a broad scope of industries. Companies specialising in areas such as renewable energy, healthcare technology, and logistics equipment are especially well-placed to benefit. The tender is suitable for SMEs and voluntary, community, and social enterprises (VCSEs), offering an accessible route to secure public sector business. Large-scale suppliers such as TP Leasing Ltd and Societe Generale Equipment Finance Ltd have already been identified as major partners, but there is ample scope for smaller enterprises to engage and leverage this substantial procurement initiative for growth potential.

How relevant is this notice?

Notice Title

Supply of Financial Leasing Solutions

Notice Description

The main purpose of this Framework Agreement is to provide a range of competitively priced, high quality, and compliant financial leasing solutions to the public sector. The Framework Agreement has been split into ten (10) LOTs. LOT 1 - Catering and Domestic Services Equipment LOT 2 - Courier and Logistics Equipment LOT 3 - Education Services Equipment LOT 4 - Estates and Facilities / Ground Maintenance Equipment LOT 5 - Green Technology Equipment (Renewable Energy and Energy Efficiency) LOT 6 - ICT and Telecommunications Equipment and Software LOT 7 - Laboratory and Pathology Equipment LOT 8 - General Medical Equipment (CRACOE and non-CRACOE) LOT 9 - Temporary and Semi-Permanent Buildings LOT 10 - Vehicles

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-211b8d48-0af8-43cf-8d59-245c1d047480
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b3a8bf61-a12f-4e1b-9c73-ce53d64e6fa3
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66114000 - Financial leasing services

Notice Value(s)

Tender Value
£800,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£1
Contracts Value
Not specified

Notice Dates

Publication Date
9 May 20251 years ago
Submission Deadline
8 May 2025Expired
Future Notice Date
Not specified
Award Date
8 May 20251 years ago
Contract Period
10 May 2025 - 28 Feb 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Kent County Council (T/A Procurement Services)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WEST MALLING
Postcode
ME19 4YT
Postcode Area
Rochester
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ46 West Kent
Delivery Location
Not specified

Local Authority
Tonbridge and Malling
Electoral Ward
Kings Hill
Westminster Constituency
Maidstone and Malling

Supplier Information

Number of Suppliers
7
Supplier Names

TP Leasing Limited

Triple Point Lease Partners

CHG-MERIDIAN UK Ltd

Societe Generale Equipment Finance Limited

GE Capital Equipment Finance Ltd

MULTIMEDIX LIMITED

Trio Leasing

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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