Official UK procurement notice
Lease Financing of Vehicle Assets
Authority: Wrexham County Borough Council (Local council)
Sectors: Financial and insurance services (66) Delivery: Wales (UKL23)
Published estimate£1,350,000≈ £270k / year · £1,350,000 inc. VAT
Submissions closed 6 Mar 2026awarded 12 Mar 2026
Award (standstill) to Siemens Financial Services GmbH
Contract term 5 yrsends 25 Mar 2031 · starts 26 Mar 2026
What is being bought
Published requirement descriptionWrexham City Borough Council sought bids for lease financing of 7 vehicle assets costing £1.35m.
- No preliminary market engagement: Sale and lease back of vehicles is time sensitive, requiring draw down in March 2026. Consultants Arlingclose have supported drafting of tender requirements.
CPV: Financial leasing services
The lotProcurement structure
single lot · value publishedLot #1AwardedPublished value£1,350,000
Pre-qualification & selection criteria (PQQ)2
- Economic & financial standing
See tender docs
- Technical & professional ability
See tender docs
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
How bids were scored
Published award criteria (1)
- Price: 100%
Conditions of participation2
- Economic & financial standing
See tender docs
- Technical & professional ability
See tender docs
What this means for your bid
- Price carries 100 of 100 points: a 10% discount moves about 10 points. This one is won on the number: sharpen the price before polishing the prose.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 9 Feb 2026, 15:40 GMT
- Last source update
- 12 Mar 2026, 17:31 GMT
- Award evaluation window
- Submission end – 13 Mar 2026
- Authority reference
Proc 25-308- FTS notice number
2026/S 000-011491- Latest notice
- Contract award notice (UK6)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-064b75Find a Tender
How it was run
Official noticeRun through: Sell2Wales · Who buys & how to bid on Sell2Wales
Access & registration note: Free Wales registration; eTenderWales runs on Jaggaer
- Submission deadline
- 6 Mar 2026, 17:00 GMT
- Clarification deadline
- 25 Feb 2026, 17:00 GMT
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- cy, en
Detailed submission instructions & authority contactsFrom official release
Timeline
9 Feb 2026 → 26 Mar 2026 · 8 dates- Tender notice published258 days ago9 Feb 2026, 15:40 GMT
- Clarification questions by242 days ago25 Feb 2026, 17:00 GMT
- Submission deadline233 days ago6 Mar 2026, 17:00 GMT
- Assessment summaries sent228 days ago12 Mar 2026
- Latest notice published227 days ago12 Mar 2026, 17:31 GMT
- Award decision expected by226 days ago13 Mar 2026, 23:59 GMT
- Standstill ends215 days ago24 Mar 2026, 23:59 GMT
- Contract starts214 days ago26 Mar 2026
Notice history
4 events · 2 releases on Find a Tender · since 9 Feb 2026- Tender notice published9 Feb 2026, 15:40 GMTUK4
- Contract award notice published12 Mar 2026, 17:31 GMTUK6
- Status changed to complete12 Mar 2026, 17:31 GMT
- Contract signature expected25 Mar 2026, 23:59 GMTscheduled
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £1,350,0001 award exc. VAT
Bids received 3
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Siemens Financial Services GmbHSME27 Mar 2026 – 26 Mar 2031 | £1,350,000 | 12 Mar 2026standstill to 24 Mar 2026 | Standstill |
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 3final-stage tenders | 0 | 0 | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Siemens Financial Services LtdAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedNotices published for this procedure
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender