PUBLISHED COMMERCIAL FIELDSValues stay separate.
A tender estimate and an award value answer different questions. Neither is treated as cash paid.
- Award value
- £133,234,418
award field- Tender value
- £133,234,418
tender field- Procurement method
- Negotiated procedure without prior publication (above threshold)
- Category
- services
- CPV
- 50111100
Vehicle-fleet management services- Delivery
- British Oversea Territories
No postcode
PUBLISHED DESCRIPTION
What the notice says
The Authority has placed a contract for the White Fleet Management Services. The estimated total value is £133.23m excluding VAT across 10 years. The initial contract term shall be 5 years, with the option of extending for up to five one-year periods. As such, the contract shall have a total possible duration of 10 years. In addition to the core charges estimated at £133.23m excluding VAT, there are 'pass-through' charges for the cost of the vehicle hire or lease which are estimated at circa £1.608bn excluding VAT, across 10 years. The costs of the vehicle hire, or lease shall be paid to the vehicle Suppliers.
Tender statuscomplete