Tenders

Lease Financing of Vehicle Assets

Open
Deadline
4 days left
March 06, 2026
Contract Details
Category
Other
Reference
011491-2026
Value
£1,350,000
Location
East Wales, United Kingdom
Published
February 23, 2026
CPV Code
Project Timeline

Tender Published

February 09, 2026

Deadline for Questions

February 27, 2026

Submission Deadline

March 06, 2026

Contract Start Date

March 26, 2026

Buyer IntelligencePRO
🔒
Unlock Buyer Intelligence
See spending patterns, preferred procedures, and more.
Upgrade to Professional →
Budget
£1,350,000
Duration
60 months
Location
East Wales
Type
Other
70
Quality Score/100
Good

Original Tender Description

Wrexham City Borough Council is seeking bids for lease financing of 7 vehicle assets costing £1.35m. The Authority has already purchased these assets and is therefore seeking a sale and leaseback transaction. WCBC is looking for bids of a 5-year primary lease period. A drawdown is expected in March 2026. A full list of the assets is available in the document named “Asset Schedule.xlsx” included as part of this tender pack.

Risk Analysis

Please log in to use risk analysis.

Login

Win Strategy

Please log in to access winning strategy recommendations.

Login

Competitors

Upgrade to see which companies are likely to bid on this tender, based on historical procurement data.

Login

Requirements & Qualifications

11 requirements across 4 categories

Submission (5)
Compliance (1)
Technical (4)
Financial (1)
SUBMISSION REQUIREMENTS5
--Submit the bid by the deadline: 2026-03-06T17:00:00+00:00.
--The bid must propose a 5-year primary lease period.
--The bid must detail a sale and leaseback transaction.
ELIGIBILITY REQUIREMENTS1
--The bidding company must be capable of providing financial leasing services (CPV 66114000).
TECHNICAL CAPABILITY REQUIREMENTS4
--Ability to provide sale and leaseback financial transactions.
--Ability to structure a 5-year primary lease period.
--Capability to accommodate a drawdown of funds in March 2026.
FINANCIAL REQUIREMENTS1
--Ability to finance vehicle assets valued at approximately £1.35 million (or 1,350,000 EUR).

Requirements Preview

Sign up to view complete requirements and analysis

Documents

4 documents available with AI summaries

OCDS RecordDOC
011491-2026_ocds_record.json

Wrexham County Borough Council is seeking bids for a 5-year sale and leaseback transaction for 7 vehicle assets valued at £1.35 million, with a drawdown expected in March 2026.

OCDS Release PackageDOC
011491-2026_ocds_release.json

Wrexham County Borough Council is seeking bids for a 5-year sale and leaseback transaction for 7 vehicle assets worth £1.35 million, with drawdown anticipated in March 2026.

Official PDF VersionPDF
011491-2026_official.pdf

Wrexham County Borough Council is seeking bids for a 5-year sale and leaseback transaction for 7 vehicle assets valued at £1.35 million, with a drawdown expected in March 2026.

Tender NoticeHTM
011491-2026.html

Wrexham County Borough Council is seeking bids for a 5-year sale and leaseback lease financing arrangement for 7 vehicle assets valued at £1.35 million, with submissions due by March 6, 2026.

Documents Preview

Sign up to view document summaries and analysis

70
Good

Tender Quality Score

This tender provides a clear description of the required service and financial details but suffers from a significant lack of evaluation criteria and the absence of electronic submission, impacting fairness and practicality. While legally compliant in basic aspects, it misses opportunities for modern procurement best practices.

Score Breakdown

Legal Compliance85/100

The tender clearly defines the 'Open procedure' and correctly assigns the CPV code. There are no reported disputes or suspensions, and mandatory exclusion grounds are mentioned in the requirements. The 25-day submission period is reasonable. The primary legal framework appears to be respected.

Clarity65/100

The description of the required sale and leaseback transaction, including the 5-year primary lease period and asset details, is very clear. AI-extracted requirements are well-structured and understandable. However, the critical absence of specified evaluation criteria significantly reduces the overall clarity for potential bidders on how their proposals will be assessed.

Missing evaluation criteria
Completeness70/100

Most essential information, such as title, reference, organization, estimated value, duration, and location (NUTS code), is provided. Documents are listed as attached. However, the tender lacks specified evaluation criteria and a clear reveal date, which are important components for a fully comprehensive tender package.

Missing evaluation criteria
Missing reveal date
Fairness60/100

The estimated value is disclosed, and requirements do not appear tailored to a specific company. However, the absence of clear evaluation criteria creates an opaque bidding environment, making it difficult for bidders to understand how to compete effectively. The lack of an e-submission option also limits equal access and modern procurement standards.

Missing evaluation criteria
No e-submission
Practicality65/100

The contract start date and duration are clearly specified, and financing information is available. However, the lack of electronic submission support is a significant practical drawback in contemporary procurement, potentially increasing administrative burden for bidders and the contracting authority.

No e-submission
Data Consistency90/100

Key fields such as title, reference, organization, value, and dates are consistently populated and logical. There are no reported suspensions or disputes, and the financial figures (GBP to EUR) are consistent. Minor unpopulated fields like 'Liable Person' or 'Code' for Type/Procedure do not impact overall consistency.

Sustainability30/100

The tender does not include any explicit references to green procurement, social aspects, or innovation focus. This indicates a missed opportunity to integrate broader sustainability objectives into the procurement process.

Not green procurement
No social criteria

Strengths

Clear and unambiguous description of the required service and financial details.
Specific technical and financial requirements are well-defined.
All basic tender information (title, reference, organization, value, duration) is present.
CPV code is correctly assigned, and procedure type is clear.
Dates and financial information are consistent and logical.

Concerns

Critical absence of evaluation criteria, impacting clarity and fairness.
Lack of electronic submission option, hindering practicality and equal access.
No explicit mention of sustainability, social, or innovation considerations.
Missing reveal date, which is a minor completeness issue.

Recommendations

1. Clearly define and publish the evaluation criteria to ensure transparency and fairness for all bidders.
2. Implement an electronic submission system to streamline the bidding process and enhance accessibility.
3. Consider incorporating sustainability, social, or innovation clauses into future tenders to align with modern procurement best practices.

AI Scoring Preview

Sign up to view complete requirements and analysis

Complete quality score analysis
Detailed sub-score breakdown
Strengths & concerns insights
Strategic recommendations

No credit card required • Setup in 2 minutes

Add to Pipeline