---
title: "Lease Financing of Vehicle Assets"
ocid: "ocds-h6vhtk-064b75"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-064b75"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-064b75.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-064b75.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "WREXHAM COUNTY BOROUGH COUNCIL"
published: "2026-03-12"
---

# Lease Financing of Vehicle Assets

Buyer: WREXHAM COUNTY BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-064b75

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-064b75)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-064b75.json)

## Summary

Wrexham County Borough Council has completed the procurement process for lease financing of vehicle assets valued at £1.35m. The process involved an open procedure, highlighting the Council’s methodical approach to sourcing suppliers. Located in Wrexham, United Kingdom, the procurement fell under the 'services' industry category, specifically financial leasing services. The award notice was published on 12 March 2026, with Siemens Financial Services Ltd identified as the pending supplier. The contract will commence on 27 March 2026 and run until 26 March 2031. The tender planning involved consultancy support to adhere to Welsh devolved regulations, ensuring a smooth sale and leaseback operation with key deadlines in March 2026.

This tender presents a significant opportunity for businesses, particularly those specialising in financial leasing services, to explore new market avenues within the public sector. Companies with expertise in lease financing could leverage this opportunity to expand their portfolio and establish stronger ties with governmental entities. The procurement was conducted using an open procedure with evaluation criteria heavily weighted on price, attracting bids from three entities although none from SMEs or VCSEs reached the final stage. Suppliers with large-scale operations in leasing arrangements or expertise in vehicle asset management stand to benefit substantially, as this project aligns with public authority requirements under regional guidance.

## Notice

Wrexham City Borough Council sought bids for lease financing of 7 vehicle assets costing PS1.35m.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/022592-2026 |
| Notice type | UK6 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Mar 2026 |
| Submission deadline | 6 Mar 2026 |
| Future notice date | Not specified |
| Award date | 12 Mar 2026 |
| Contract period | 27 Mar 2026 - 26 Mar 2031 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,350,000 |
| Lots value | £1,350,000 |
| Awards value | £1,350,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Pending |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WREXHAM COUNTY BOROUGH COUNCIL |
| Locality | WREXHAM |
| Post town | Llandudno |
| Postcode | LL11 1AR |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL3 North Wales |
| ITL 3 | TLL34 Flintshire and Wrexham |
| Local authority | Wrexham |
| Electoral ward | Grosvenor |
| Westminster constituency | Wrexham |
| Delivery location | TLL23 Flintshire and Wrexham |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SIEMENS FINANCIAL SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66114000 - Financial leasing services

## Release History

- 12 Mar 2026 at 17:31 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/022592-2026
- 9 Feb 2026 at 15:40 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/011491-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/022592-2026
  12th March 2026 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/011491-2026
  9th February 2026 - Tender notice on Find a Tender

## Notice URLs

- https://etenderwales.ukp.app.jaggaer.com/go/14403824019C41F77CCD
- https://www.legislation.gov.uk/ukpga/2023/54/contents
- https://www.wrexham.gov.uk/

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-064b75. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-064b75.json.