Award

Lease Finance for Vehicles and Grounds Maintenance Equipment

BARNSLEY METROPOLITAN BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

13 Apr 2017 at 09:56

Summary of the contracting process

Barnsley Metropolitan Borough Council has completed a procurement process for "Lease Finance for Vehicles and Grounds Maintenance Equipment," with a total capital cost of £987,789. The tender, classified under financial and insurance services, was awarded on 1 March 2017, following an open procedure. The contract period is set to commence on 31 March 2017 and will last until 30 March 2024. Delivery addresses for the service will be within the Yorkshire and the Humber region of the United Kingdom, and the tender period concluded on 14 February 2017.

This tender represents an opportunity for finance companies that specialise in leasing services, particularly those with a focus on equipment and vehicle finance. Businesses with experience in providing financial solutions for public sector organisations will be well-positioned to compete in future tenders of this nature. By engaging in such procurement opportunities, firms can expand their client base and establish long-term partnerships with local government authorities like Barnsley Metropolitan Borough Council.

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Notice Title

Lease Finance for Vehicles and Grounds Maintenance Equipment

Notice Description

Tender for the supply of lease finance for a range of vehicles/grounds maintenance equipment with a total capital cost of PS987,789, over lease periods from five to seven years. These assets have already been acquired by the Authority - this tender is for lease finance only. The tender will be awarded before the end of March 2017, but some of the assets may not be delivered by then - drawdown will follow delivery.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d65c2f98-282c-4e55-b3b7-7904c77525b6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/44657cd0-8903-4aeb-9d10-30ba63f200b8
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£989,788 £500K-£1M
Lots Value
Not specified
Awards Value
£82,521 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Apr 20178 years ago
Submission Deadline
14 Feb 2017Expired
Future Notice Date
Not specified
Award Date
1 Mar 20178 years ago
Contract Period
30 Mar 2017 - 30 Mar 2024 Over 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
BARNSLEY METROPOLITAN BOROUGH 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
BARNSLEY
Postcode
S70 9EX
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE33 Barnsley
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Barnsley
Electoral Ward
Central
Westminster Constituency
Barnsley North

Supplier Information

Number of Suppliers
2
Supplier Names

SG EQUIPMENT FINANCE

SIEMENS FINANCE

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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