Market Leads & Opportunities
Pipeline Framework: Asset Finance Advisory Services
A pipeline has been launched for Asset Finance Advisory Services.The contract start Date is 21 January 2024. Approach to market date is 1 August 2023.Asset Finance Advisory ServicesThe current Leasing Advisory Services framework exists primarily to make Asset Finance easier to use for public sector bodies.The advisory element allows customers to ensure they’re getting sound independent specialist advice that is in their best interests and not tied to any other factors.Suggested Use CasesOptions AppraisalPure advisory service for ‘How’ a customer should acquire their desired asset. Supplier should be able to advise on Term and Acquisition Mode offered on RM6120 (Hire Purchase, Ops Lease, Finance Lease, Asset Secured Load, Sales and Leaseback)Options Appraisal with running of procurement on RM6120Advisory service supported by running of procurement (RM6120) on behalf of customer.Portfolio ReviewReview of existing book of leasing and loans held by customer to identify and materialise benefits.The E2E sourcing element allows customers to source the assets in a way that makes best financial sense to them based on the advice they received during the options appraisal phase. The E2E/outsourcing feature removes barriers to using the DPS stemming from a lack of resource/understanding.The solution allows customers access to qualified independent advisory tailored to their needs, together with a seamless and simple process for the sourcing of funds using the E2E service. Advisors can be instructed to carry out both phases using Direct Award (subject to spend thresholds) or via Further Competition.This is a potential opportunity from the government, and the pipeline gives advance notice of an opportunity that might be offered by the public sector in the future – allowing potential suppliers to plan accordingly. When a public sector organisation publishes a pipeline notice, it does not necessarily mean that an opportunity will be offered in the future.For more information contact: Crown Commercial Service, 9th Floor, The Capital, Old Hall Street, Liverpool L3 9PP. Tel: 03450103503. Email: assetfinance@crowncommercial.gov.uk Website: (The Minister for the Cabinet Office acting through Crown Commercial Service)
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