Tender

Finance Provider and Dealership Audit Service Tender

TRANSPORT FOR GREATER MANCHESTER

This public procurement record has 4 releases in its history.

TenderAmendment

13 Oct 2021 at 09:59

Tender Notice
TenderAmendment

06 Oct 2021 at 14:00

Tender Notice
Tender

27 Sep 2021 at 10:42

Tender Notice
Tender

27 Sep 2021 at 09:38

Tender Notice
Summary of the contracting process

The Finance Provider and Dealership Audit Service Tender is currently being issued by Transport for Greater Manchester, with a total estimated value of £400,000. This procurement falls under the services category, focusing on auditing services in alignment with air quality regulations in the UK. The tender is scheduled to conclude on 29th October 2021, with the contract period set to begin on 13th December 2021 and run for two years until 12th December 2023. This open procedure aims to secure a contractor experienced in asset finance to provide auditing and monitoring for a Financial Support Scheme benefiting taxis and commercial vehicles across England.

This tender presents a significant opportunity for businesses in the asset finance sector, particularly those offering auditing and monitoring services. Small and medium-sized enterprises (SMEs) with expertise in financial service provision, regulatory compliance, and grant management will be well-positioned to compete. By participating in this tender, these businesses can enhance their client base and contribute to meaningful environmental initiatives while benefitting from a partnership with a major public authority.

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Notice Information

Notice Title

Finance Provider and Dealership Audit Service Tender

Notice Description

Since 2010, the UK has been in breach of the legal limits of levels of Nitrogen Dioxide (NO2) in major urban areas. The 2008 Ambient Air Quality Directive (2008/50/EC) set legally binding limits for concentrations of major air pollutants that affect human health, including NO2 and particulates. The Air Quality Standards Regulations 2010 transposed the 2008 Directive into English law and requires the Secretary of State to draw up and implement a national air quality plan to achieve the relevant limit within the 'shortest possible time' One of the measures that has been put into place is the setting up of a Financial Support Scheme which has been created and will provide financial assistance for taxis and commercial vehicle's encompassing LGV's & HGV's which will be delivered through two procured mechanisms: * a Financial Support Scheme("FSS") providing a digital upfront platform for automated eligibility checking of both Applicants and vehicles and grant payments to Applicants who choose this funding option. This platform will also manage the network of dealerships who will be accredited to the Financial Support Scheme and the monitoring and draw down of funds. * a Vehicle Finance Framework of FCA accredited Financiers who will be able to offer preferential vehicle finance loans to Applicants due to the interest element being paid directly by TfGM to the Financier. These two services have been procured separately as integral elements delivering the overall customer journey requiring defined interfaces to manage the customer experience. TfGM is looking to establish a contract for the appointment of an organisation with experience in the asset finance industry to provide an Auditing and Monitoring service to support the Financial Support Scheme (FSS). This service will be for the provision of auditing and monitoring services across the Financiers appointed to the Framework and also the Dealerships accredited to the Financial Support Scheme. It will support the operational management of the Financial Support Scheme through the provision of "second line" assurance over the distribution of funds through both grant monies and preferential finance. The Authority may extend this agreement by a further period or periods of up to 1 year. TfGM also has the right to terminate the agreement by issuing written notice to the Supplier where the TfGM Scheme Funding ceases. Additional information and visibility of Invitation to Tender documentation is via http://procontract.due-north.com/ register and the opportunity is entitled 'Finance Provider and Dealership Audit Service Tender'', Additional information can be obtained from the above-mentioned address Tenders or requests to participate must be submitted electronically via http://procontract.due-north.com/register Additional information: Contract notice FTS submission Submission date: 27/09/2021 Document number: 2021-000039 Submission ID: 20210927-000006 Submission status: Published Publication status: Published - 27/09/2021 10:38:38 Publication number: 2021/S 000-023908

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5432b62a-55eb-4759-829c-9a7430a345ac
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b23a7fa9-39f5-4cc4-ba02-29b617826c0c
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Other - Contracts Finder and FTS
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79212000 - Auditing services

Notice Value(s)

Tender Value
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 Oct 20214 years ago
Submission Deadline
29 Oct 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
13 Dec 2021 - 12 Dec 2023 1-2 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TRANSPORT FOR GREATER MANCHESTER
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MANCHESTER
Postcode
M1 3BG
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Manchester
Electoral Ward
Piccadilly
Westminster Constituency
Manchester Central

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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