Leasing Services Master Vendor
Introduction
The Leasing Services Master Vendor Framework is managed by Crescent Purchasing Consortium (CPC) and falls under the Financial Services category. This framework is designed to facilitate the procurement of leasing services for public sector organisations by providing a streamlined and efficient access route to a list of pre-approved suppliers. Unlike a Dynamic Purchasing System (DPS), this framework does not allow for ongoing supplier application, meaning it is a closed system after the initial selection. The framework commenced on 1st November 2022 and is set to conclude on 4th October 2025.
Context & Use Case
The procurement of leasing services can be a complex process, requiring specialist knowledge and insight to ensure value for money and compliance with procurement regulations. Through this framework, the CPC has partnered with UniLink Finance Limited as the main advisor, ensuring that public sector entities can benefit from expert guidance and access to a competitive selection of leasing solutions. The framework is specifically tailored to meet the needs of organisations seeking efficient leasing services, providing a reliable mechanism to acquire essential leasing options without the need for prolonged procurement exercises.
Scope of Services
The Leasing Services Master Vendor Framework covers a variety of leasing services that public sector organisations might require. While the framework is not exhaustive in its offerings, it typically includes the following services: 1. Operational Leasing: Short to medium-term leasing arrangements for equipment and assets. 2. Finance Leasing: Long-term leasing solutions with options for asset purchase. 3. Lease Advisory Services: Expert advice on the structuring and management of lease agreements. 4. Asset Management: Assistance with the management and optimisation of leased assets. 5. End-of-Lease Services: Support with end-of-lease negotiations and asset returns.
Who Can Apply
The framework is primarily intended for suppliers who have been pre-approved through the competitive selection process conducted by the CPC. As it is not a DPS, new suppliers cannot apply during the framework's active period. The framework is suited to suppliers with expertise and experience in providing leasing services and who are capable of meeting the specific needs of public sector buyers.
Buyer Benefits
Public sector buyers using the Leasing Services Master Vendor Framework can achieve several benefits. The framework ensures compliance with procurement regulations, offering a pre-vetted list of suppliers, thereby reducing the time and administrative burden associated with individual tendering processes. It provides a quicker route to market, allowing buyers to respond swiftly to their leasing needs. Additionally, the presence of UniLink Finance Limited as an advisor ensures that buyers have access to expert guidance, enhancing the overall quality and suitability of the leasing services procured.
Lots
Not applicable
Next Steps
Suppliers interested in understanding more about the framework should review the requirements carefully and reach out to the Crescent Purchasing Consortium for detailed information. It is advisable to contact the framework owner directly to gain clarity on any specific aspects of the framework and to ensure alignment with its objectives.
How Biddable Can Help
Biddable is dedicated to supporting suppliers in navigating the complexities of public sector frameworks. By providing comprehensive discovery tools and preparation resources, Biddable helps suppliers identify relevant opportunities and maintain visibility of their pipeline. This ensures that suppliers are well-prepared and informed about potential procurement routes that align with their services and capabilities.