This public procurement record has 2 releases in its history.

Award

03 Mar 2023 at 15:27

Tender

24 Jun 2022 at 09:42

Summary of the contracting process

The Lifecycle Management Group Limited has awarded a contract for Financial Leasing Services Framework. The procurement process was initiated through an open procedure, with a tender period ending on 22nd July 2022. The contract period is slated to start on 30th September 2022 and end on 29th September 2026. This opportunity falls under the main procurement category of services, with a total value of £400,000,000. The buying organisation is based in Oxford, England, and the awarded suppliers include large and SME businesses in the financial industry.

This tender for Financial Leasing Services Framework presents opportunities for businesses, especially SMEs, in the financial leasing services sector to compete for a significant contract value. Businesses providing financial leasing services or related services in the United Kingdom should consider participating in this procurement process. The Lifecycle Management Group Limited aims to engage a diverse range of suppliers, both large and small, to contribute to the implementation of this service framework over the four-year contract period.

How relevant is this notice?

Notice Title

Financial Leasing Services Framework

Notice Description

Services Additional information: The tender documents can be accessed at https://www.lifecycle.co.uk/tenders.html Potential bidders must send an email from the above web address to be registered on the tender portal. This will issue a verification email to allow the submission of your bid. Clarification questions should be issued as soon as possible, but in any event before 12/07/2022. Lifecycle cannot guarantee that it will be able to respond to a clarification question if it is received after this date.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5f04eaef-3598-459b-8a35-e3d63946c4a3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2715c28f-5e27-49f4-8b88-e7303567fdfe
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
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
£400,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
3 Mar 20233 years ago
Submission Deadline
22 Jul 2022Expired
Future Notice Date
Not specified
Award Date
12 Sep 20224 years ago
Contract Period
30 Sep 2022 - 29 Sep 2026 4-5 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
LIFECYCLE MANAGEMENT GROUP 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
OXFORD
Postcode
OX4 2PG
Postcode Area
Oxford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ14 Oxfordshire CC
Delivery Location
Not specified

Local Authority
Oxford
Electoral Ward
Blackbird Leys
Westminster Constituency
Oxford East

Supplier Information

Number of Suppliers
12
Supplier Names

BNP PARIBAS LEASE GROUP PLC

CHG-MERIDIAN UK Ltd

De Lage Landen Leasing Limited

ROOM TWELVE LTD

Societe Generale Equipment Finance Limited

Solutions Asset Finance Ltd

TP Leasing Ltd

Arkle Finance Limited

GE Capital Equipment Finance Ltd

Shawbrook Bank Limited

Triple Point Lease Partners

Siemens Financial Services Ltd

Further Information

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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