Fleet Contract Hire Extension

Concepts

• prescot
• motor vehicles
• commercial vehicles
• fleet contract hire extension
• initial contract hire period
• lot 1 - contract hire of their vehicle hire framework
• original start
• end lease dates
• current market
• initial delivery of the vehicles

Location

North West England:

Description

Livv are currently in contract for the supply and maintenance of approximately 100 commercial vehicles previously procured under Lot 1 - Contract Hire of their Vehicle Hire framework. The initial contract hire period was 4 years. Due to the current market this contract will be extended with the existing supplier for a further 12 months.

Total Quantity or Scope

The vehicles original start and end lease dates vary due to the initial delivery of the vehicles being staggered.

Award Detail

CPV Codes

• 34100000 - Motor vehicles

Legal Justification

This VEAT notice refers to the extension of a contract originally awarded via a mini-competition. Due to the current market conditions it is not viable to tender for a new lease agreement at present. Multiple market factors are affecting the vehicle leasing market. Availability is limited with manufacturers not currently in the position to process orders for the necessary vehicles within the timescales required. Global shortages are seeing orders being delayed or cancelled and prices have increased sharply. Retendering at this point is likely to lead to limited submissions, significant price increases and a higher risk of order cancellations or delays to lead times ultimately increasing the risk of Livv being unable to carry out critical core business services.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **