Award

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

ARLINGCLOSE LIMITED

This public procurement record has 5 releases in its history.

Award

14 Feb 2019 at 16:13

Award Notice
TenderAmendment

20 Nov 2017 at 14:32

Tender Notice
TenderAmendment

16 Nov 2017 at 16:10

Tender Notice
TenderAmendment

16 Nov 2017 at 15:53

Tender Notice
Tender

09 Nov 2017 at 16:29

Tender Notice
Summary of the contracting process

The Wrexham Council is in the process of awarding a contract titled "Lease Financing for Vehicles (Nov-17)" focused on financial leasing services. The estimated value of the assets totals £730,382 plus VAT, aimed at financing or operating leasing for vehicle assets, with the contract period set from 24th December 2017 to 16th December 2022. The procurement method used is an open procedure, and the tender period concluded on 7th December 2017. The contract is being finalised with the buyer being Arlingclose Limited, located in London, England.

This tender offers significant opportunities for businesses, particularly small and medium-sized enterprises (SMEs), looking to expand into public sector vehicle financing or leasing services. Companies that provide financial leasing options or have expertise in asset management will find this contract particularly suitable, as the Council actively seeks competitive bids to meet their requirements in this sector. With a focus on operational and financial leasing, businesses with relevant experience are well-positioned to engage in this procurement process.

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Notice Information

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 PS PS730,402.92 + VAT. The Council will consider either lease classification for accounting purposes with a drawdown forecast for December 2017.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7a1624b9-8a61-4cc5-87ec-ff8b69e571f6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7efa1a55-cf03-473a-bd26-a97658d0ea12
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
Accelerated Open procedure (above threshold)
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
£730,402 £500K-£1M
Lots Value
Not specified
Awards Value
£730,402 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Feb 20197 years ago
Submission Deadline
7 Dec 2017Expired
Future Notice Date
Not specified
Award Date
30 Jan 20188 years ago
Contract Period
31 Jan 2018 - 30 Jan 2023 Over 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
ARLINGCLOSE 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
EC1Y 4SE
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLL Wales
Local Authority
Islington
Electoral Ward
Bunhill
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

SG 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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