Common use of Funding Options Clause in Contracts

Funding Options. 3.3.1 The Supplier shall provide Contract Hire as the principal funding mechanism for the vehicles however there may be occasions where the Contracting Body(s) may wish to fund their vehicles through other funding options. Therefore the Supplier shall have the ability to provide alternative funding options, where required for example Finance Lease.

Funding Options. 3.3.1 5.3.1 The Supplier shall provide Contract Hire as the principal funding mechanism for the vehicles however there may be occasions where the Contracting Body(s) may wish to fund their vehicles through other funding options. Therefore the Supplier shall have the ability to provide alternative funding options, where required for example Finance Lease.