Supply of Leased Fleet Vehicles to Riverside Group

About

Riverside awarded a contract to Green Bison Limited T/A GB Vehicle Contracts for the supply of vehicles to The Riverside Group, including its current and future subsidiaries and Evolve FS.

The contract is for 3 years with an option to extend by 2 years, with an annual contract value estimated between £2m and £3m and a total contract value of AUD 10,000,000.

The fleet will likely be leased and consist predominantly of vans of different sizes, with a potential requirement for some cars.

Over the next 3 years, at least 300 vehicles will be required, with the potential to increase by at least 100.

The geographical spread is likely to be North of the M62 but may extend more nationally.

One supplier is anticipated to be the key strategic partner for the supply of vehicles to the Group.