The deal includes full maintenance contract hire of Aon's company cars, personal contract purchase schemes for cash takers and the fully outsourced management of Aon's car policy. It promises a reduction in wholelife costs of 13% a year, and could see a reduction in fleet size of up to 15% by making cash alternatives compulsory for those covering fewer than 7,000 miles a year.
Aon's review of its fleet policy is part of its strategic fleet consulting project which will be used as a best practice model for its customers. The project was set up to address the company's fleet requirements by consultation with fleet management companies.
VELO marketing manager Nick Gafney said: 'The 13% saving will be achieved through a review of choice lists for drivers that restricts user-choosers to certain manufacturers which have agreed favourable terms with us in a bid to increase volume.
'Anyone covering fewer than 7,000 miles a year will be given a cash alternative, while those who cover more than 7,000 miles will be given the choice of cash or a car, which will lead to more PCP vehicles on the fleet.'