ULEV and Electric Car Leasing for BBC Employees
The BBC is looking to appoint a provider that can lease Ultra Low Emissions Vehicles (ULEV) to BBC staff as an optional staff benefit. The Provider will give access to BBC staff to a fleet of ULEV electric cars for personal lease and provide all elements of the lease including, but not limited to, insurance, tax, maintenance and breakdown cover. The contract is for an initial three year period with an optional extension of a further two years, with staff able to take up a lease in any of these years. The total cost of the contract is a range between £4,753,000 and £33,485,000 which will not be paid by the BBC, but taken as part of a salary sacrifice scheme with NI and Tax savings benefits for BBC employees. The contract cost range estimate is based on projections from a take up of between 1% and 6% of BBC employees over a 5 year period, however, the BBC do not commit to this level of uptake from their employees.
The contract has an initial term of 36 months with the option to extend by up to an additional 24 month period.
Organisation Name
The British Broadcasting Corporation (BBC)
Value
£33485000
Contract Date
1st Mar 2022 / 28th Feb 2027