Award

Stoke-on-Trent City Council - Lease Financing for IT assets (Jan-17)

STOKE-ON-TRENT CITY COUNCIL

This public procurement record has 1 release in its history.

Award

12 May 2017 at 16:45

Award Notice
Summary of the contracting process

Stoke-on-Trent City Council is conducting a public procurement process to secure lease financing for IT assets, valued at £192,915. This procurement is classified under financial leasing services and is currently in the award stage, having completed the tender period which ended on 20th February 2017. The contract period is set from 22nd March 2017 to 21st March 2021. Bidders were invited to submit proposals through an open procedure, aiming to fund the acquisition of IT assets already purchased by the Council, situated in the West Midlands, England.

This tender presents a significant opportunity for businesses within the financial leasing sector, particularly those with experience in IT asset financing. Small and medium-sized enterprises (SMEs) are particularly encouraged to participate, as the Council values their involvement. Competing companies should have a solid understanding of financial regulations and leasing classifications to align with the Council's needs and contribute to their ongoing IT development.

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Notice Information

Notice Title

Stoke-on-Trent City Council - Lease Financing for IT assets (Jan-17)

Notice Description

The Council is seeking bids for Finance or Operating Leasing to fund the acquisition of IT assets, already purchased by the Council, costing GBP189,619.20. The Council will consider either lease classification for accounting purposes with a drawdown forecast before the end of March 2017.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a0b3aac5-b61c-4853-a23e-88e6ee38570f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f3d79132-d1f6-4b97-a970-76de617f93db
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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
£192,915 £100K-£500K
Lots Value
Not specified
Awards Value
£192,915 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 May 20178 years ago
Submission Deadline
20 Feb 2017Expired
Future Notice Date
Not specified
Award Date
22 Mar 20178 years ago
Contract Period
22 Mar 2017 - 21 Mar 2021 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
STOKE-ON-TRENT CITY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STOKE-ON-TRENT
Postcode
EC2R 6EL
Post Town
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
TLG West Midlands (England)
Local Authority
City of London
Electoral Ward
Coleman Street
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

SOCIETE GENERALE 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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