Tender

Finance and Leasing DPS

HERTFORDSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Tender

20 Jul 2021 at 10:55

Tender Notice
Summary of the contracting process

The Hertfordshire County Council is conducting a tender for a "Finance and Leasing DPS" which aims to establish a dynamic purchasing system for various financial services, including operating leases, finance leases, loans, and fleet management. This procurement is classified under the industry category of financial leasing services and has a total estimated value of £260 million. The tender period will close on 19 August 2021, with the contract scheduled to commence on 20 August 2021 and running for five years until 19 July 2026. This tender follows a selective procurement method, indicating a restricted procedure, and is open to various contracting authorities across the UK.

This opportunity can facilitate substantial growth for businesses offering finance and leasing services, particularly small and medium enterprises (SMEs) that meet the suitability criteria. Eligible firms may include financial institutions, leasing companies, and service providers specialising in fleet and accident management. By engaging in this tender, businesses can broaden their client base, as the dynamic purchasing system is accessible not just to Hertfordshire County Council, but also to other governmental bodies, local authorities, and registered charities across the country that require financing solutions.

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Notice Information

Notice Title

Finance and Leasing DPS

Notice Description

The Council invites organisations to participate in a 60-month DPS for finance and leasing across 4 categories; operating lease, finance lease, loans, and fleet and accident management . The DPS will be accessible by the Council and members of TPPL. The DPS may be used by all Contracting Authorities throughout all administrative regions of the UK (as defined by the Public Contracts Regulations 2015) including but not limited to Government Departments and their Agencies, Non-Departmental Public Bodies, Central Government, NHS Bodies, Local Authorities, Emergency Services, Coastguard Emergency Services, Educational Establishments, Registered Social Landlords and Registered Charities who have a need to purchase finance and leasing. Links to the definable groups are provided in section VI.3) Additional Information.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fec1bb6d-adea-44cd-b58b-281ffc4ecb77
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/749294d2-bffa-41b4-99bf-c732d251e398
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66114000 - Financial leasing services

Notice Value(s)

Tender Value
£260,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jul 20214 years ago
Submission Deadline
19 Aug 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
19 Aug 2021 - 19 Jul 2026 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
HERTFORDSHIRE COUNTY 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
HERTFORD
Postcode
SG13 8BQ
Post Town
Stevenage
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified
Local Authority
East Hertfordshire
Electoral Ward
Hertford Castle
Westminster Constituency
Hertford and Stortford

Further Information

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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