Fleet News

Nexus aiming to cut public sector vehicle rental costs

David Brennan

Nexus Vehicle Rental has been named as a supplier on the Crown Commercial Services (CCS) vehicle hire framework.

Known as the Vehicle Lease, Fleet Management and Flexible Rental Solutions framework RM6096, it is available to all public sector bodies including central government, devolved administrations, NHS bodies, local authorities, police, the voluntary sector and charities.

It is also available to any private sector organisation procuring on behalf of the public sector and was launched in the autumn.

Nexus says it will focus on deploying its technology to help public sector clients achieve “considerable” cost-savings on their vehicle rental agreements.

The company’s rental booking and management software, IRIS, automatically identifies the most cost-effective solutions for customers, which it says can save them up to 20% a year on their total spend.

Currently, Nexus serves more than 1,000 clients across various sectors including retail, logistics, construction and utilities. This is due to its ability to supply vehicles across any asset category, including to remote locations and fragmented workforces, it says.

Nexus also provides a time-critical solution for project-based work by delivering vehicles within two hours of a booking being made.

David Brennan (pictured), CEO at Nexus Vehicle Rental, said: “While the majority of our business customers belong to a distinct cluster of industries, our unrivalled supply chain and cost-cutting software means any organisation operating vehicles can reap tangible benefits from using our services.

“The investment we’ve made in developing innovative, constantly evolving rental management technology that advises customers on where their rental spend could be reduced is unique and can be particularly effective and attractive to customers in the public sector.”

Nexus was included as one of Crown Commercials Service’s (CCS) 11 vehicle rental suppliers due to the company’s network of supply branches and ability to provide vehicles across all three asset categories of cars, vans and HGVs.

The CCS also recognised Nexus’ tech-led approach and ongoing work to protect its customers from unfair damage charges by knocking back more than a third of ill-reported claims each year, cutting overall rental spend.

The company rolled out a new damage reporting system last December that enables customers to upload pre-existing damage through an SMS text link. This followed a successful pilot for a bespoke feature within its IRIS rental booking and management system for client GB RailFreight.   

CCS supports the public sector to achieve maximum commercial value when procuring common goods and services.

In 2018/19, CCS helped the public sector to achieve commercial benefits worth £945 million - supporting world-class public services that offer best value for taxpayers.

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