All taxes, duties and charges imposed or levied in Australia or overseas in connection with the performance of this agreement will be borne by the supplier.
Lessors Panel
- Mandatory
| Date: | 1 Jul 2021 - 30 Jun 2026 | |
|---|---|---|
| Updated: | 1 Jul 2021 | |
| Managed: | NSW Procurement | Contact owner |
| Type: | Whole of government | |
| Contract Number: | 333 |
Scope
The lessors on this contract provide financing for operating leases on vehicles managed by providers on the Fleet Management Panel.
What's covered
The lessors on contract 333 provide financing for operating leases on vehicles that are fleet managed by fleet management providers on the Fleet Management Panel.
What you need to know
NSW Procurement manages the head agreement for this contract.
Each NSW Government clusters has signed master operating lease agreements with all lessors under the head agreement.
Key contract features
- Better value: lessors will be selected on a lease by lease basis via a fortnightly bidding process. Prior to the delivery of leased vehicles, each lease is bid between all lessors on the panel – the lessor with the lowest monthly lease rate is awarded the lease.
- Competition: choice of 4 lessors with improved commercial arrangements means more competition.
- Opportunity for further savings through fleet optimisation.
Fortnightly bidding process
Each fortnight, all leases for vehicles to be delivered during the following month will be bid on between lessors on the lessors panel via a restricted request for quote.
NSW Procurement assesses the quotes. They remain valid for 3 months after the initial delivery date provided by the dealer.
Each government agency has signed master operating lease agreements with all the lessors on contract 333, which sits under the contract 333 head agreement.
Cluster savings opportunity
Lessors must at all times continually take reasonable steps to improve the services and methods with which they deliver services.
Fleet management providers on Fleet Management Panel will be proactively encouraging agencies with fleet optimisation options.
Why use this contract
Key benefits of the contract include:
- reduced lease costs
- reduced government fleet size
- improved customer satisfaction.
Who to contact
If you'd like more information, please contact your agency’s fleet management team.
If you are unsure of who this is, you can contact NSW Procurement by emailing nswp_fleet@treasury.nsw.gov.au
NSW Procurement is responsible for supplier relationship management, managing the leasing bidding process with the lessors on contract 333 and is the custodian of the fleet policy.
Approved suppliers
Your agency’s interaction with the lessors should be minimal, if any.
Your cluster’s selected fleet management provider will liaise with lessors on your agency’s behalf.
Who's eligible to buy
This contract is only available for NSW Government agencies to use.
Pricing
For pricing information, contact:
- the supplier (view contact details in 'list of suppliers'), or
- the contract owner (click 'contract owner' above).
Invoicing
You will receive consolidated invoicing from your fleet management provider. They will act on behalf of your agency to remit monthly lease payments and organise lease variations.
The standard terms of payment are 14 days from the date of invoice.
However, please refer to your agency’s fleet management team. If you are unsure of who this is, you can contact the fleet category management team at nswp_fleet@treasury.nsw.gov.au
Government taxes and charges
Nominee purchasing
Nominee purchasing (also called third-party purchasing) refers to when a supplier buys goods or services from a third-party supplier to fulfil their contractual obligations to NSW Government.
Read more about nominee purchasing.
How to manage complaints and disputes
If a complaint or dispute occurs, both the buyer and the supplier must first seek resolution at the agency level.
You can view general information that may help you prepare for and manage complaints and disputes: