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Leasing of Vehicles and Telematics System via Contract Hire

BIP Solutions Limited

This public procurement record has 1 release in its history.

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18 Oct 2024 at 14:42

Award Notice
Summary of the contracting process

BIP Solutions Limited, based in London, has completed the procurement process for the "Leasing of Vehicles and Telematics System via Contract Hire." This tender falls under the industry category of motor vehicles (CPV 34100000) and covers various regions, including the UK, European countries, and several territories worldwide. The procurement was awarded on 1st March 2024, and the contract period will run from 26th July 2024 to 31st December 2027. The competitive procedure with negotiation (above threshold) was used for this selective procurement method, resulting in a contract valued at £1,864,228.23 with Kinto UK Ltd.

This tender presents substantial growth opportunities for businesses involved in leasing and managing vehicle fleets, particularly those offering diesel and hybrid options. The inclusion of a telematics system as a separate lot allows for businesses specializing in vehicle telematics and fleet management solutions to also participate. SMEs were eligible to compete, making it an attractive opportunity for smaller enterprises looking to expand their footprint in the public sector vehicle leasing market. Companies with a strong track record in vehicle leasing, environmental vehicle solutions, and telematics systems would be well-suited for such ventures.

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Notice Information

Notice Title

Leasing of Vehicles and Telematics System via Contract Hire

Notice Description

At present GTR run a fleet of 87 Diesel vehicles consisting primarily of 18 Large, 24 Medium, 16 Small and 2 Micro Panel Vans as well as 3 large, and 19 Medium passenger cars. Although our aim is still to reduce the environmental impact of the fleet of road vehicles we run, we acknowledge that market conditions and GTR's infrastructure for EV charging may not allow GTR to change all of its vehicles to electric/hybrid versions at this time, GTR's requirements are a combination of diesel and hybrid vehicles. The vehicle requirements will be separated into 2 lots. To allow GTR to select the most suitable vehicle for each activity this requirement. An additional Lot is included for a telematics system to assist in managing the fleet and understanding the vehicle utilisation. The telematic system is being tendered as is a separate Lot to allow the vehicle Lots to be awarded independently whilst also ensuring a standardisation for the telematics.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-64f4de53-4a85-411c-92fc-a3a274161532
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a9c73614-01e4-43b4-bb5c-58de046890bf
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

34 - Transport equipment and auxiliary products to transportation

CPV Codes

34100000 - Motor vehicles

Notice Value(s)

Tender Value
£1,864,228 £1M-£10M
Lots Value
Not specified
Awards Value
£1,864,228 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Oct 20241 years ago
Submission Deadline
1 Mar 2024Expired
Future Notice Date
Not specified
Award Date
1 Mar 20242 years ago
Contract Period
26 Jul 2024 - 31 Dec 2027 3-4 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
BIP Solutions 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
LONDON
Postcode
EC3R 8AJ
Postcode Area
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
City of London
Electoral Ward
Bridge
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

KINTO UK Ltd

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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