Asset Finance Advisory Services

Tender description

Crown Commercial Service (CCS) as the Authority intends to put in place a Pan Government Collaborative Agreement for the provision of asset finance advisory services to be utilised by Central Government Departments and all other UK Public Sector Bodies, including Local Authorities, Health, Police, Fire and Rescue, Education and Devolved Administrations. [It is intended that this commercial agreement will be the recommended vehicle for all asset finance advisory services required by UK Central Government Departments.] This is a reprocurement of the existing RM6146 Leasing Advisory Services framework and will consist of one lot, offering three core services. Asset Finance Advisory Services offers advisory services to support the customer with their asset acquisition aims. The three services available are: ● Options appraisal ● End-to-end advisory and sourcing of funds (E2E) ● Portfolio review This framework is part of a twin-agreement solution and is supported by a separate Dynamic Purchasing System (DPS): RM6120 Leasing and Loan Finance DPS. The supporting DPS. This framework is part of a twin-agreement solution which is supported by a separate funding platform which operates via a live dynamic purchasing system: RM6120 Leasing and Loan Finance DPS. The DPS provides direct access to lenders, offering a range of leasing arrangements and loans. The two solutions can be used independently or jointly to achieve significant commercial benefits through tailored competitive finance. Lot 1: Asset Finance Advisory Services The 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 Cases - Options Appraisal - Pure 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 RM6120 - Advisory service supported by running of procurement (RM6120) on behalf of customer. - Portfolio Review - Review 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.