This public procurement record has 1 release in its history.

Award

04 Apr 2023 at 15:00

Summary of the contracting process

The University Hospital Southampton NHS Foundation Trust has awarded a 48-month Financial Leasing Services Framework Agreement worth £300 million. The agreement covers two lots: Residual Based Lease Facilities and Non-Residual Based Lease Facilities, and will be used by the Trust and other eligible bodies in the UK. The tender, initiated as an open procedure, had its tender period end on April 3, 2023, with a contract period spanning from April 4, 2023, to April 3, 2027.

This procurement process presents opportunities for businesses, particularly those involved in financial leasing services, to secure positions on the Framework Agreement. Both large-scale and small to medium enterprises can participate, with a maximum of 50 economic operators expected to be awarded positions. Businesses in the finance and leasing industry are well-suited to compete for this opportunity to provide leasing facilities to the University Hospital Southampton NHS Foundation Trust and other eligible bodies in the UK.

How relevant is this notice?

Notice Information

Notice Title

Procurement of Leasing Facilities Framework

Notice Description

University Hospital Southampton NHS Foundation Trust (the "Trust") invites tenders for organisations to participate in a 48-month Agreement ('the Framework Agreement'). The Framework Agreement will be used by the Trust and may also be used by other organisations ("Eligible Bodies") located in the United Kingdom, lists of all Eligible Bodies can be found in the tender documentation. The Tender and subsequent agreement consists of two lots: Lot 1: Residual Based Lease Facilities Lot 2: Non-Residual Based Lease Facilities Link Group (Link), a major provider of advisory services to the UK public sector, intends to use this Framework Agreement to enable its clients to procure leasing facilities. Link will therefore provide details of the Framework Agreement and market the Framework Agreement to its clients. Bidders can bid on one or more lots. It is envisaged that a maximum of 50 economic operators (the Suppliers) will be awarded a position on the Framework Agreement in total.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-28487aec-56db-4218-afaa-9fbcb6c1a2f9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fc732847-84fe-4d21-8af0-231bf71b8c30
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
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
£300,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£300,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
4 Apr 20233 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
3 Apr 20233 years ago
Contract Period
4 Apr 2023 - 3 Apr 2027 4-5 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
University Hospital Southampton NHS Foundation Trust
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HAMPSHIRE
Postcode
SO16 6YD
Postcode Area
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ32 Southampton
Delivery Location
Not specified

Local Authority
Southampton
Electoral Ward
Shirley
Westminster Constituency
Southampton Test

Supplier Information

Number of Suppliers
11
Supplier Names

Arkle Finance Limited

BNP Paribas Leasing Solutions Limited

CHG-MERIDIAN UK Ltd

De Lage Landen Leasing Limited

GE Capital Equipment Finance Ltd

Siemens Financial Services Ltd

Shawbrook Bank Limited

Societe Generale Equipment Finance Limited

Solutions Asset Finance Ltd

TP Leasing Ltd

Triple Point Lease Partners

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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