Award

Wrexham Council - Lease Financing for Vehicles (Nov-17)

WREXHAM COUNTY BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

09 Mar 2018 at 17:45

Summary of the contracting process

Wrexham County Borough Council is seeking bids for a tender titled "Wrexham Council - Lease Financing for Vehicles (Nov-17)" within the financial leasing services sector. The procurement process is at the award stage, with the contract valued at approximately £703,402, excluding VAT. The tender closed on 7th December 2017, and the contract commenced on 30th January 2018, set to conclude on 29th January 2023. This open procedure invites various suppliers based in Wales, United Kingdom, to submit their proposals.

This tender offers significant opportunities for businesses, particularly small and medium-sized enterprises (SMEs), to provide vehicle financing solutions. Companies specialising in finance or operating leasing for vehicle assets would be well-suited to compete, capitalising on the contract awarded to Societe Generale Equipment Finance Limited. Engaging with such public procurement processes can lead to growth and establish long-term relationships with local governmental organisations.

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Notice Title

Wrexham Council - Lease Financing for Vehicles (Nov-17)

Notice Description

The Council is seeking bids for Finance or Operating Leasing for Vehicle assets. The overall cost of the assets totalling GBP 730,382 + VAT. The Council will consider either lease classification for accounting purposes with a drawdown forecast for December 2017.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2628cd92-5d57-41d1-94e6-dcb7c90526c2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ab6b1aee-ef63-4223-8723-124491ce976c
Current Stage
Award
All Stages
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
£703,402 £500K-£1M
Lots Value
Not specified
Awards Value
£703,402 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Mar 20187 years ago
Submission Deadline
7 Dec 2017Expired
Future Notice Date
Not specified
Award Date
30 Jan 20188 years ago
Contract Period
30 Jan 2018 - 29 Jan 2023 Over 5 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
WREXHAM COUNTY BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WREXHAM
Postcode
LL11 1AY
Post Town
Llandudno
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL3 North Wales
Small Region (ITL 3)
TLL34 Flintshire and Wrexham
Delivery Location
TLL Wales

Local Authority
Wrexham
Electoral Ward
Grosvenor
Westminster Constituency
Wrexham

Supplier Information

Number of Suppliers
1
Supplier Name

SOCIETE GENERALE EQUIPMENT FINANCE

Further Information

Notice Documents

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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