Award

Stoke-on-Trent City Council - Lease Financing for Vehicles (Nov-16)

ARLINGCLOSE LIMITED

This public procurement record has 3 releases in its history.

Award

18 May 2017 at 15:00

TenderAmendment

10 May 2017 at 11:03

Tender

28 Nov 2016 at 12:03

Summary of the contracting process

The procurement process undertaken by Stoke-on-Trent City Council involves the appointment of Lessor(s) to finance the acquisition of already purchased vehicles, with a total value of £152,974. This tender, classified under financial leasing services, has been managed by Arlingclose Ltd. The procurement was conducted using an open procedure. The tender period concluded on 16 December 2016, with the contract period commencing on 27 January 2017 and set to end on 26 January 2021. The delivery will take place at a location with the postal code ST4 1HH.

This opportunity presents significant growth potential for businesses experienced in financial leasing services, particularly small and medium enterprises (SMEs) that can provide innovative leasing solutions. Firms such as Siemens Financial Services, JCB Finance Ltd, and Societe Generale Equipment Finance Limited are already competing in this space, making it essential for similar companies to develop competitive offerings that can meet the needs of the council. This contract not only solidifies the council's vehicle funding strategy but also opens the door for SMEs to establish robust partnerships within the public sector.

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Notice Title

Stoke-on-Trent City Council - Lease Financing for Vehicles (Nov-16)

Notice Description

Stoke on Trent City Council is seeking the appointment of a Lessor(s) to fund the acquisition of vehicles, already purchased by the Council, split into lots but costing PS152,974 in total, either by way of an Operating Lease(s) or Finance Lease(s). Arlingclose Ltd. is running this opportunity on behalf of the Council .

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cc14ed15-257b-496b-a8a4-7764d45289ff
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/504a521e-4d27-44ae-b8b1-fc4f3215c125
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
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
£152,974 £100K-£500K
Lots Value
Not specified
Awards Value
£152,974 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
18 May 20178 years ago
Submission Deadline
16 Dec 2016Expired
Future Notice Date
Not specified
Award Date
24 Jan 20179 years ago
Contract Period
27 Jan 2017 - 26 May 2021 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
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
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
Not specified

Local Authority
City of London
Electoral Ward
Coleman Street
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
3
Supplier Names

JCB FINANCE

SIEMENS FINANCIAL SERVICES

SOCIETE GENERALE EQUIPMENT FINANCE

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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