NHS Supply Chain offers more flexibility and choice through new Leasing Solutions Framework

Published: 22-Sep-2014

Framework available over six different equipment groups, for both operating and finance lease formats


NHS Supply Chain has recently awarded a new Leasing Solutions framework.

Refined over the last five years, the framework gives trusts the ability to access equipment on terms that best meet their needs. Lease arrangements are available over six different equipment groups, for both operating and finance lease formats.

More than 80 acute NHS trusts have accessed NHS Supply Chain’s Leasing Solutions framework since August 2009, facilitating nearly 400 leases with a value of almost £65m. This figure is set to rise as more trusts realise that using the framework could result in further savings on their leasing arrangements.

NHS Supply Chain’s Leasing Solutions offer the flexible no-retainer fee structure, allowing trusts to access the framework on a project-by-project basis when required.

The Leasing Solutions framework can be used to fund the purchase of assets sourced either directly by the trust or via the framework agreement, ensuring flexibility regardless of the route to purchase.

On-going support is provided in the form of lease portfolio reporting, within which the trust will be notified of agreements due to expire. This will provide sufficient time for a measured evaluation of the options available upon lease expiry.

The leasing solutions framework aims to provide trusts with flexibility to continually update or replace assets and procure the latest technology on the most cost-effective terms.

The Leasing Solutions framework provides flexibility in leasing arrangements while covering a wide range of assets meeting the NHS’s varying equipment needs

Jonathan Smith of the buying and leasing department at NHS Supply Chain, said: “Through consultation with both NHS trusts and the medical equipment leasing market, NHS Supply Chain has developed a fully-compliant Leasing Solutions framework governed by Supply Chain standard leasing specific terms and conditions, designed to provide both benefit and protection for all parties.

“We are offering NHS trusts the opportunity to benefit from optimum terms and conditions for equipment leasing. The Leasing Solutions framework provides flexibility in leasing arrangements while covering a wide range of assets meeting the NHS’s varying equipment needs.

“With full service support provided and a fully-compliant quotation tendering process, we are ideally placed to meet trusts’ needs for modern and cost-efficient equipment on terms that suit them.”

He added: “Our leasing solutions framework goes from strength to strength and continues to offer trusts the opportunity to save considerable amounts of money”

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