Transportation services on leasing without Operators.
Sky Innovation Transport also provides transport services on a leasing basis without drivers and operators, allowing clients to lease vehicles on a monthly rate. This option is ideal for companies that have their own staff but need reliable vehicles for transportation.
The leasing terms for transportation services typically include specific conditions related to vehicle use, duration, payments, and responsibilities of both the leasing company and the lessee. While Sky Innovation Transport’s exact leasing terms may vary depending on the agreement, here are some common elements that are likely included:
Lease Duration:
- Monthly Basis: Sky Innovation Transport offers leasing on a monthly basis, which may be renewable at the end of mentioned period.
- Minimum Lease Period: There might be a minimum lease period of 3 months, depending on the type of vehicle and the client’s needs.
- Contract Extension: Options for extending the lease beyond the initial term are usually available, with conditions stated in the agreement.
Vehicle Type:
- The agreement specifies the type of vehicle(s) being leased (e.g., buses, trucks, 4×4 pickups), along with details like model, capacity, and specific features.
- Condition of Vehicle: Vehicles are provided in a well-maintained condition, and both parties typically inspect the vehicle before the lease starts.
Payment Terms:
- Monthly Rate: The lease is billed on a fixed monthly rate, agreed upon by both parties.
- Payment Schedule: Payments may be due at the beginning of each month, with potential period of 30 days after submission of invoice.
Maintenance and Repairs:
- Lessee’s Responsibility: The lessee is typically responsible for routine maintenance during the lease period, such as oil changes, tire replacements, and other wear-and-tear issues.
- Major Repairs: In many agreements, major repairs (engine, transmission, etc.) may be the responsibility of Sky Innovation Transport, but this can vary and should be clarified in the contract.
- Accident Repairs: In case of accidents, the lessee may be responsible for repairs, with the terms often requiring insurance coverage to cover such incidents.
Insurance:
- Lessee’s Obligation: The lessee is usually required to maintain comprehensive insurance for the leased vehicles, covering both damage and third-party liabilities.
- Proof of Insurance: The lessee may need to provide proof of insurance before the vehicle is handed over.
Usage Limitations:
- Authorized Use: Vehicles must be used only for their intended purpose (e.g., passenger transport, goods transport), and within agreed geographical limits, such as specific regions or fields.
- Mileage Limitations: Some leases may impose mileage caps, with extra fees for exceeding the agreed mileage.
- Driver Qualifications: If the client is providing their own drivers, those drivers must meet qualifications specified by Sky Innovation, including proper licenses and training, especially for vehicles used in hazardous areas like oil fields.
Condition Upon Return:
- Inspection: When returning the vehicle, it must be in the same condition (except for normal wear and tear) as it was when leased. A final inspection will determine if any damages or maintenance issues need to be addressed.
- Excessive Wear & Tear: Any excessive wear, damage, or failure to maintain the vehicle could result in additional fees charged to the lessee.
8. Termination of Contract:
- Early Termination: Some contracts allow for early termination with notice, but there may be penalties for doing so, such as forfeiting a portion of the deposit or paying a cancellation fee.
- Default Terms: If the lessee fails to meet their obligations (e.g., not paying the monthly fee, violating usage terms), Sky Innovation may terminate the lease and reclaim the vehicle.
9. Liability and Indemnity:
- Lessee Liability: The lessee is usually responsible for any accidents, damages, or legal issues that arise during the use of the vehicle.
- Indemnification: The lessee typically agrees to indemnify Sky Innovation Transport from any third-party claims or liabilities that occur due to misuse or improper handling of the leased vehicle.
10. Custom Terms for Oil & Gas Field Use:
- Safety Compliance: Vehicles leased for use in oil & gas fields must comply with specific industry safety standards. Lessees may need to provide proof of compliance with relevant safety regulations.
- Special Permits: In some cases, the lessee is responsible for obtaining any special permits needed to operate the vehicle in restricted or hazardous areas.
These leasing terms ensure that both Sky Innovation Transport and the lessee have clear responsibilities, protecting the vehicle and maintaining safety standards during the lease.