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| Source: | Contracts Finder |
| Notice Type: | Award notice |
| Buyer: | KENT COUNTY COUNCIL |
| Main Category: | Services |
| Procurement Method: | Call-off from a framework agreement |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): | £1,000,000 |
| Release Date: | 7 May 2024 |
| Application Deadline: | 1 May 2024 |
| Contract Start Date: | 12 May 2024 |
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Awarded to
| Award value: | £1,000,000 |
| Award decision date: | 2 May 2024 |
| Award status: | Active |
Kent County Council (KCC) have appointed Oxygen Finance Limited on a 5-year contract to provide an Early Payment Scheme along with additional associated services. The Early Payment Scheme will enable KCC's external suppliers who choose to participate to be paid earlier than their contracted payment terms in exchange for an early payment discount. The additional services associated with the Early Payment Scheme are Oxygen Finance Insights and a Recovery Audit Service. The Oxygen Finance Insights service allows for public sector organisations to have access to valuable public sector spend and tender data. The Recovery Audit Service allows for Oxygen Finance to carry out recovery audits for KCC. This contract was awarded to Oxygen Finance Limited via the NEPO (North East Procurement Organisation) Early Payment Service (NEPO521).
Published contracts in the last 12 months
29
total contracts
£2037.8m
total value
£72,778,563
average contract size
Typical categories
Pipeline status
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Application Deadline
1 May 2024
Closed
Estimated Value
£1,000,000
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Book a free consultation →| Contract End Date: |
| 12 May 2029 |
| Contract Duration: | 5.1 years |
| Procurement ID (OCID): | ocds-b5fd17-7b6dad2a-df4b-43a2-8a0b-792919fd73dd |
| Notice Reference: | 5f9477a8-b6e2-4b9d-b167-0778c9df205e-748454 |