Leasedrive Velo has been awarded sole supplier status in the UK by IT company Bull and will manage more than 60 company car drivers and 75 opt-out drivers.

New vehicles will be sourced from Peugeot, Saab and Vauxhall.

The contract hire provision will be based on a pay-as-you-use maintenance management agreement, while opt-out drivers will be covered by Leaseplan Velo’s driver management service.