Contract award · 4 Dec 2024

Lease Finance and Maintenance of 38 x First Response Vehicles (FRVs)

East Midlands Ambulance Service NHS Trust awarded “Lease Finance and Maintenance of 38 x First…” to Triple Point Lease Partners for £2.81m.

Vehicles & transport equipmentEast Midlands

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
East Midlands Ambulance Service NHS Trust · Body governed by public law
Value
£2,813,543
Procedure
Restricted procedure
Sector
Vehicles & transport equipment · Specialist vehicles (CPV 34114000)
Timeline
  1. Contract date4 Dec 2024
  2. Published8 Jan 2025Published 35 days after the contract date

Description

Provision of lease and maintenance of 38 x Volvo XC60 Hybrid First Response Vehicles (FRVs).<br/><br/>A further competition was undertaken by the Link Treasury Services (Link Group) against the South East Coast Ambulance Vehicle Supply Framework (FTS Reference 2024/s 000025362) - Lot 7 Lease Finance.<br/>This contract award is for the lease of vehicles over a 7 year period based on No Residual Based Lease.<br/><br/>Expected contract start date July 2025 due to vehicle lead time in purchase and conversion.<br/>Expected period: July 2025 to June 2032

About the supplier

Other awards in the same procurement

Call-offs and awards published under the same process (for example a framework or dynamic purchasing system).

Date Contract Supplier Value
1 Apr 2026 De Lage Landen Leasing Limited £3.14m
1 Apr 2026 TP Leasing Ltd £1.11m
10 Aug 2024 Advanced Emergency Vehicles Ltd SME, Auto Conversions Limited SME +6 more £50m
10 Aug 2024 Advanced Emergency Vehicles Ltd SME, Auto Conversions Limited SME +6 more £50m
10 Aug 2024 Advanced Emergency Vehicles Ltd SME, Auto Conversions Limited SME +8 more £25m
10 Aug 2024 Advanced Emergency Vehicles Ltd SME, Auto Conversions Limited SME +6 more £100k
10 Aug 2024 Advanced Emergency Vehicles Ltd SME, Blue Light Services Specialist Vehicles Ltd SME +4 more £100m
10 Aug 2024 Advanced Emergency Vehicles Ltd SME, Auto Conversions Limited SME +6 more £250m
10 Aug 2024 De Lage Landen Leasing Limited, Shawbrook Bank Limited +4 more £200m
10 Aug 2024 Alltruck plc SME, Asset Assured Management Limited SME £25m

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