CCS Asset Finance Solution provides the public sector with the ability to seek private sector financing - not private sector investment.
Published 11 August 2022
Last updated 31 August 2022
Customers have two options with electric vehicle (EV) Charging implementation:
- Supplier Funded
- advantages: majority or fully supplier funded (installation and chargepoint). The supplier is responsible for all aspects including uptime, payment handling and maintenance.
- disadvantages: lengthy sole-supplier agreements (15 Years), limited or no control over the tariff, no access to usage data, limited or no share in profit
- Buyer Funded
- advantages: full control over tariff and ability to adjust, back-end payment handling and maintenance can be subcontracted as managed service, full retention of profit. This route opens up shorter duration contracts to manage the authority owned asset, providing greater flexibility in a rapidly evolving sector
- disadvantages: buyer must fund the project, and support procurement of supporting services.
Grant funding is available through a number of avenues; however, where this is not an option or has been fully utilised, the CCS Asset Finance Solution should be considered.
The solution provides the public sector with the ability to seek private sector financing – not private sector investment. The asset and operation remain fully with the public sector customer. Through sourcing third-party financing from the diverse set of financial institutions on the Leasing and Loan Finance DPS via a further competition, customers can be certain they are getting the best deal possible.
Where the resource or knowledge to run a further competition on the finance for EV charging isn’t available, customers can use a specialist leasing advisor on the Leasing Advisory Services Framework to outsource an Options Appraisal and the running of a further competition on the Leasing and Loan Finance DPS.
Take a look at our agreements to find the full range of possibilities:
- Leasing Advisory Services
- Leasing and Loan Finance DPS
- Vehicle Charging Infrastructure Solutions
- Transport Technology and Associated Services
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