Leasing Advisory Services

Access to leasing advisory services, which are open to the central government and the public sector.

Description

Gives public sector customers access to leasing advisory services such as specialist advice on:

  • leasing options
  • asset classes (type of assets)
  • saving initiatives

This agreement is part of a twin commercial solution and is supported by a Dynamic Purchasing System (DPS). The support leasing finance and advisory services DPS (RM6120) is due to be awarded in spring 2021.

Made up of a single lot, this agreement offers services in 3 core areas:

Options appraisal

The leasing advisor will give you a detailed review of your funding route options to get a specific asset(s). The review will state which route is the most financially beneficial solution.

Portfolio reviews

The leasing advisor will review the outstanding leasing arrangements. They will look at what measures can be put in place or what actions can be taken to reduce the current rental expenses and ensure savings.

End to end procurement

An appointed leasing advisor will act on your behalf and run the entire procurement process. This gives you access to different funding options, which are available under the leasing finance and advisory services DPS (RM6120). This service area will not be available until the DPS supporting this agreement goes live.

Once live, the leasing finance DPS will allow you to get your chosen asset class, such as:

  • IT equipment
  • medical equipment
  • plant and heavy machinery

You will be able to access these asset classes using a range of leasing finance options such as:

  • hire purchase (HP) – also known as an instalment plan where the user will become the owner of the asset
  • operational leases – the supplier, permits the user (lessee), to use an asset for a period of time, which is shorter than the economic life of the asset (without any transfer of ownership)
  • finance leases – the finance company is (typically) the legal owner of the asset for the duration of the lease
  • leaseback – an arrangement where the company that sells an asset can lease back that same asset from the purchaser

The agreement will run for 3 years and you will have the option to extend for a further 12 months.

 

 

 

Benefits

  • access to leasing advice industry expertise
  • social value measures – providing advice and guidance on best solutions available (such as, value for money, sustainability measures and Covid-19 recovery)
  • savings initiatives and cost comparison (using the portfolio review service area)
  • access to independent expert advice and an efficient route to procuring asset(s)
  • best practice advice on asset management and leasing portfolio reviews
  • asset management guidance

Products and suppliers

There are 2 suppliers on this agreement

Lot 1: Leasing Advisory Services

Expires:

2 suppliers

How to buy

Please read the customer guidance before using this agreement.

Before selecting your supplier, you can take part in transparent pre-market engagement activity using the CCS eSourcing suite.

If this is your first time using the eSourcing suite, you will need to register an account. If you have already registered, you can log into your eSourcing account. 

Further competition

When running a further competition you will need to manage the process following your own needs and processes. 

Your further competition should:

  • specify a fixed time limit for proposal submissions (taking into account the time needed to create and submit a proposal and the complexity of your needs)
  • seek proposals from suppliers who can meet your needs (including any special agreements you set out)
  • include a copy of the order form (completed as though it is the actual order you are placing)
  • evaluate the proposals received and notify all invited service providers of the outcome
  • place an order with the service provider who submitted the most financially beneficial tender

For further support and guidance on how to run a further competition using the eSourcing suite, take a look at the eSourcing Customer Guidance

Direct award

To place a direct order, you will need to create a statement of requirements which clearly outlines what services you need. You should apply the direct award criteria shown in the customer guidance.