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planned
Official procurement procedure

Asset Finance Advisory Services

Feasibility study
advisory service
analysis
+5 more
UK
Published value
£600,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: The Minister for the Cabinet Office acting through Crown Commercial Service: "Asset Finance Advisory Services". Published status: planned. Published value: £600,000,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityThe Minister for the Cabinet Office acting through Crown Commercial ServiceScope & CategoriesNot publishedSubmission Window
planned
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£600,000,000
Bidder Intelligence · Authority Profile: The Minister for the Cabinet Office acting through Crown Commercial Service
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for The Minister for the Cabinet Office acting through Crown Commercial Service. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
18.1Bids / Report
0.7% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 148 active published awards; 145 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityThe Minister for the Cabinet Office acting through Crown Commercial Service
Procedure methodNot published
Procurement categoryNot published
Statusplanned
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published9 Mar 2023, 13:38 GMT
Last source update9 Mar 2023, 13:38 GMT
Recurring procurementNot published
ClassificationFeasibility study, advisory service, analysis, Financial consultancy services, Financial leasing services, Loan brokerage services, Portfolio management services, Procurement consultancy services
Delivery area
UK
OCIDocds-h6vhtk-03b0ee
What is being bought
Crown Commercial Service (CCS) as the Authority intends to put in place a Pan Government Collaborative Agreement for the provision of asset finance advisory services to be utilised by Central Government Departments and all other UK Public Sector Bodies, including Local Authorities, Health, Police, Fire and Rescue, Education and Devolved Administrations. [It is intended that this commercial agreement will be the recommended vehicle for all asset finance advisory services required by UK Central Government Departments.] This is a reprocurement of the existing RM6146 Leasing Advisory Services framework and will consist of one lot, offering three core services. Asset Finance Advisory Services offers advisory services to support the customer with their asset acquisition aims. The three services available are: ● Options appraisal ● End-to-end advisory and sourcing of funds (E2E) ● Portfolio review This framework is part of a twin-agreement solution and is supported by a separate Dynamic Purchasing System (DPS): RM6120 Leasing and Loan Finance DPS. The supporting DPS. This framework is part of a twin-agreement solution which is supported by a separate funding platform which operates via a live dynamic purchasing system: RM6120 Leasing and Loan Finance DPS. The DPS provides direct access to lenders, offering a range of leasing arrangements and loans. The two solutions can be used independently or jointly to achieve significant commercial benefits through tailored competitive finance.
What changed
From the official release history
  1. Published value updated to £600,000,000
    9 Mar 2023, 13:38 GMT
  2. Status changed to planned
    9 Mar 2023, 13:38 GMT
  3. Official notice release published
    9 Mar 2023, 13:38 GMT
  4. Buyer information updated
    9 Mar 2023, 13:38 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    planned
    Published valueNot published
    Asset Finance Advisory Services The current Leasing Advisory Services framework exists primarily to make Asset Finance easier to use for public sector bodies. The advisory element allows customers to ensure they’re getting sound independent specialist advice that is in their best interests and not tied to any other factors. Suggested Use Cases - Options Appraisal - Pure advisory service for ‘How’ a customer should acquire their desired asset. Supplier should be able to advise on Term and Acquisition Mode offered on RM6120 (Hire Purchase, Ops Lease, Finance Lease, Asset Secured Load, Sales and Leaseback) - Options Appraisal with running of procurement on RM6120 - Advisory service supported by running of procurement (RM6120) on behalf of customer. - Portfolio Review - Review of existing book of leasing and loans held by customer to identify and materialise benefits. The E2E sourcing element allows customers to source the assets in a way that makes best financial sense to them based on the advice they received during the options appraisal phase. The E2E/outsourcing feature removes barriers to using the DPS stemming from a lack of resource/understanding. The solution allows customers access to qualified independent advisory tailored to their needs, together with a seamless and simple process for the sourcing of funds using the E2E service. Advisors can be instructed to carry out both phases using Direct Award (subject to spend thresholds) or via Further Competition.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    9 Mar 2023, 13:38 GMT
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

The Minister for the Cabinet Office acting through Crown Commercial Service

Contracting authority GB-FTS-3755
View buyer profile

  • The Minister for the Cabinet Office acting through Crown Commercial Service
    buyer
    centralPurchasingBody

    9th Floor, The Capital Building, Old Hall Street, Liverpool, UK, L3 9PP
    assetfinance@crowncommercial.gov.uk
    +44 3150103503
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
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