Master Vehicle Lease & Assignment Agreement Sample Contracts

The Executive Office for Administration and Finance’s Operational Services Division’s Office of Vehicle Management (“OVM”) offers a Vehicle Lease Program (the “Program”) that secures funding to purchase vehicles and assign them to Commonwealth...
Master Vehicle Lease & Assignment Agreement • August 23rd, 2023

This Master Vehicle Lease & Assignment Agreement (“Agreement”) between OVM and «Agency_Name» (“Agency”) (together, “the Parties”) governs the provision of any vehicle or vehicle-related equipment 1) requested by Agency, 2) reviewed and approved by OVM, 3) purchased by OVM, and 4) assigned to Agency, where any of these activities occurs during the 2024, 2025, and 2026 fiscal years (July 1, 2023 through June 30, 2026). In addition, this Agreement governs the administration and chargeback of any service charges related to said vehicles or vehicle-related equipment.

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The Executive Office for Administration and Finance Operational Services Division’s Office of Vehicle Management (“OVM” or “Lessor”) offers a Lease Program that secures funding to purchase vehicles and lease them to Commonwealth Agencies and/or...
Master Vehicle Lease & Assignment Agreement • October 6th, 2017

This Master Vehicle Lease & Assignment Agreement (“Agreement”) between OVM and «Agency_Name» (“Agency”) (together, “the Parties”) governs the provision of any vehicle purchased by OVM and leased to Agency that is received by OVM and/or placed in service with Agency between July 1, 2017 and June 30, 2018.

The Executive Office for Administration and Finance Operational Services Division’s Office of Vehicle Management (“OVM” or “Lessor”) offers a Lease Program that secures funding to purchase vehicles and lease them to Commonwealth Agencies and/or...
Master Vehicle Lease & Assignment Agreement • September 25th, 2020

This Master Vehicle Lease & Assignment Agreement (“Agreement”) between OVM and «Agency_Name» (“Agency”) (together, “the Parties”) governs the provision of any vehicle or vehicle-related equipment purchased by OVM and leased to Agency that is received by OVM and/or placed in service with Agency between the first and last business day of the 2021 fiscal year (July 1, 2020 – June 30, 2021). In addition, this Agreement governs the administration and chargeback of any service charges related to said vehicles or vehicle-related equipment, including but not limited to, telematics monitoring.

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