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Lease Financing of Vehicle Assets

Wrexham County Borough Council

Awarded
services
SME-friendly
Wales
Price only

This tender has closed

The submission deadline for this contract has passed. There may be more active services tenders from Wrexham County Borough Council, and hundreds more across the UK public sector.

Key details

Contracting authority
Wrexham County Borough Council
Public authority - sub-central government
Region
Wrexham
Delivery: UKL23, United Kingdom
Contract value
£1,350,000ex VAT
£1,350,000 inc VAT
Submissions closed
6 March 2026
Published
9 February 2026

Procurement

Contract period
26 March 2026 - 25 March 2031
5 years
Procedure type
Open procedure
CPV classifications
  • 66114000 Financial leasing services

What happened

Wrexham County Borough Council awarded this contract to Siemens Financial Services Ltd worth £1,350,000 on 12 Mar 2026. The contract runs until 25 Mar 2031.

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.

Awarded supplier

Supplier
Siemens Financial Services Ltd
Award value
£1,350,000
Award date
12 March 2026

Contact

Address
Commissioning Procurement and Contract Management Unit, Wrexham, LL11 1AR

Identifiers

Buyer reference
Proc 25-191
Notice ID
011491-2026
OCID
ocds-h6vhtk-064b75

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External ID: fts-ocds-h6vhtk-064b75 • Added 6 August 2026