Common use of PAYMENT PROFILES Clause in Contracts

PAYMENT PROFILES. Please specify how you will calculate the lease cost adjustments applied for the varying payment profiles: Assume that the standard profile is Annual In Advance. Please list the % reduction or increase in annual cost for the following based upon the formulae above: Profile % Difference Monthly in Advance Quarterly in Advance Annual in Arrears Monthly in Arrears Quarterly in Arrears RESCHEDULING Please specify how you will calculate revised lease price for rescheduling given the following changes: Increase in annual mileage: Decrease in annual mileage: Additional 12 months lease: STANDARD CHARGES / ADDITIONAL EXTRAS The following additional charges are to be applied as specified by the Authority: (Please note that the standardised early termination charges will only apply to manufacturers standard specification cars, including 4x4's and vans). Requirement Standard charge EU Travel documents £0 Early Termination 2 yrs Year 1 - 2 months charge of rental Year 2 - 1 month charge of rental Early Termination 3 yrs Year 2 - 3 months charge of rental Year 3 - 1 month charge of rental Early Termination 4 yrs Year 1 - 6 months charge of rental Year 2 - 4 months charge of rental Year 3 - 2 months charge of rental Year 4 - 1 month charge of rental Early Termination 5 yrs Year 1 - 7 months charge of rental Year 2 - 5 months charge of rental Year 3 - 3 months charge of rental Year 4 - 2 months charge of rental Year 5 - 1 month charge of rental Excess/Under mileage charge for Petrol and Diesel vehicles up to 1600cc: £0.04 per mile >1600cc: £0.05 per mile Driver Pack No additional cost for standard pack Administration fee for management of Infringement Fee £20 Administration fee for private number plate transfer £20 Administration fee for payment of congestion charge £20 Administration fee for re-contracting (mileage re-writes and contract extensions) of vehicle £0 End of life vehicle damage waiver £150 Please note that with regard to the vehicle damage waiver, Suppliers shall not charge the first £150 of any de-hire damage Please specify any additional administrative items not included in the lease or captured above as standard Item Detail of what is included/excluded Cost

Appears in 2 contracts

Samples: Vehicle Lease and Fleet Management Framework Agreement, Framework Agreement

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PAYMENT PROFILES. Please specify how you will calculate the lease cost adjustments applied for the varying payment profiles: Assume that the standard profile is Annual In Advance. Please list the % reduction or increase in annual cost for the following based upon the formulae above: Profile % Difference Monthly in Advance Quarterly in Advance Annual in Arrears Monthly in Arrears Quarterly in Arrears RESCHEDULING Please specify how you will calculate revised lease price for rescheduling given the following changes: Increase in annual mileage: Decrease in annual mileage: Additional 12 months lease: STANDARD CHARGES / ADDITIONAL EXTRAS The following additional charges are to be applied as specified by the Authority: (Please note that the standardised early termination charges will only apply to manufacturers standard specification cars, including 4x4's and vans). Requirement Standard charge EU Travel documents £0 Early Termination 2 yrs Year 1 - 2 months charge of rental Year 2 - 1 month charge of rental Early Termination 3 yrs Year 2 - 3 months charge of rental Year 3 - 1 month charge of rental Early Termination 4 yrs Year 1 - 6 months charge of rental Year 2 - 4 months charge of rental Year 3 - 2 months charge of rental Year 4 - 1 month charge of rental Early Termination 5 yrs Year 1 - 7 months charge of rental Year 2 - 5 months charge of rental Year 3 - 3 months charge of rental Year 4 - 2 months charge of rental Year 5 - 1 month charge of rental Excess/Under mileage charge for Petrol and Diesel vehicles up to 1600cc: £0.04 per mile >1600cc: £0.05 per mile Driver Pack No additional cost for standard pack Administration fee for management of Infringement Fee £20 Administration fee for private number plate transfer £20 Administration fee for payment of congestion charge £20 Administration fee for re-contracting (mileage re-writes and contract extensions) of vehicle £0 End of life vehicle damage waiver £150 Please note that with regard to the vehicle damage waiver, Suppliers shall not charge the first £150 of any de-hire damage Please specify any additional administrative items not included in the lease or captured above as standard Item Detail of what is included/excluded CostCost Lot 3

Appears in 2 contracts

Samples: Vehicle Lease and Fleet Management Framework Agreement, Framework Agreement

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PAYMENT PROFILES. Please specify how you will calculate the lease cost adjustments applied for the varying payment profiles: Assume that the standard profile is Annual In Advance. Please list the % reduction or increase in annual cost for the following based upon the formulae above: Profile % Difference Monthly in Advance Quarterly in Advance Annual in Arrears Monthly in Arrears Quarterly in Arrears RESCHEDULING Please specify how you will calculate revised lease price for rescheduling given the following changes: Increase in annual mileage: Decrease in annual mileage: Additional 12 months lease: STANDARD CHARGES / ADDITIONAL EXTRAS The following additional charges are to be applied as specified by the Authority: (Please note that the standardised early termination charges will only apply to manufacturers standard specification cars, including 4x4's and vans). Requirement Standard charge EU Travel documents £0 Early Termination 2 yrs Year 1 - 2 months charge of rental Year 2 - 1 month charge of rental Early Termination 3 yrs Year 2 - 3 months charge of rental Year 3 - 1 month charge of rental Early Termination 4 yrs Year 1 - 6 months charge of rental Year 2 - 4 months charge of rental Year 3 - 2 months charge of rental Year 4 - 1 month charge of rental Early Termination 5 yrs Year 1 - 7 months charge of rental Year 2 - 5 months charge of rental Year 3 - 3 months charge of rental Year 4 - 2 months charge of rental Year 5 - 1 month charge of rental Excess/Under mileage charge for Petrol and Diesel vehicles up to 1600cc: £0.04 per mile >1600cc: £0.05 per mile Driver Pack No additional cost for standard pack Administration fee for management of Infringement Fee £20 Administration fee for private number plate transfer £20 Administration fee for payment of congestion charge £20 Administration fee for re-contracting (mileage re-writes and contract extensions) of vehicle £0 End of life vehicle damage waiver £150 Please note that with regard to the vehicle damage waiver, Suppliers shall not charge the first £150 of any de-hire damage Please specify any additional administrative items not included in the lease or captured above as standard Item Detail of what is included/excluded CostCost Lot 2 This information will form the basis of your offering to Contracting Bodies at the further competition stage. COST OF FINANCE/FINANCE HOUSE BASE RATE: Please specify which financial indices you will use to base your financial rate against (e.g. 3 Year Swap, LIBOR). Please specify the maximum xxxx up you will apply to the specified financial indicies above for vehicles supplied under the framework. Please specify the methodology you will use to calculate the financial element of the lease costs: Please describe how internal Finance House rate relates to base rate used in tender. RESIDUAL VALUE:

Appears in 1 contract

Samples: Vehicle Lease and Fleet Management Framework Agreement

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