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Division of Capital Assets Management Home Page / Fleet Management / FM Monthly Lease
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About FM

 

MONTHLY LEASE PROGRAM

FMD-Monthly-Lease

Monthly Lease Rate    Insurance Coverage    Maintenance    Fuel    Tracking     Lease vs. IRS rate     Lease Request

Monthly Lease Rate

Monthly rate for FY2012 includes: 

  • maintenance,
  • 24/7 roadside assistance,
  • comprehensive and collision insurance with zero agency deductible,
  • and automatic vehicle location (GPS) technology. 

Insurance Coverage

  • Liability [See 51 O.S. § 154(A)] (provided by agency standard liability coverage through Risk Management): The total liability of the state . . . on claims within the scope of The Governmental Tort Claims Act, arising out of an accident or occurrence . . . shall not exceed:
  1. Twenty-five Thousand Dollars ($25,000) for any claim or to any claimant who has more than one claim for loss of property arising out of a single act, accident, or occurrence;
  2. Except as otherwise provided in this paragraph, . . . to any claimant for a claim for any other loss arising out of a single act, accident, or occurrence. The limit of liability for the state . . . shall not exceed one Hundred Seventy-five Thousand Dollars ($175,000). . . .
  3. One Million Dollars ($1,000,000) for any number of claims arising out of a single occurrence or accident.
  • FMD Vehicle Physical Damage (provided by Fleet Management through Risk Management): Coverage is provided by Fleet Management and included in vehicle lease rate with no deductible to the renting agency; however, repetitive loss caused by a driver may result in:
    • separate charges back to the agency
    • additional constraints on a driver imposed by the Risk Management Division

Maintenance

Comprehensive regular vehicle maintenance is included in the monthly rate. Any additional service caused by agency vehicle customization requirements or driver negligence are subject to separate charges (DCS-PROCESS-FM-G001).

Fuel

The FMD lease rate does NOT include the cost of fuel. However, every FM-owned vehicle is provided a Fleet Card. Drivers must use Level 3 gas stations (DCS-PROCESS-FM-F001). Eligible fuel stations:

  • Gas: Level 3 Gas Stations in Oklahoma
  • Alternative (i.e. CNG): Alternative Fuels Stations

Tracking

Every leased, FM-owned vehicle is equipped with a GPS device that reports vehicle performance and enables vehicle location when road assistance is requested.

Lease vs. Mileage Reimbursement

Feature coverage for vehicles used for State business:

Features FMD Lease Cars* Personally Used Vehicles
Liability Coverage Yes   Yes**   
Vehicle Physical Damage Coverage Yes   No***   
Maintenance Yes   No      
Road Assistance Yes   No****  
Vehicle Locator Yes   No     
* Providing a driver complies with the conditions of the Lease Agreement (DCS-FORM-FM-015C).
**
 
Liability insurance applies only to the extent the employee is in the scope of employment at the time of the accident; report accidents to the Risk Management Division.
***
 
Vehicle Physical Damage (Comprehensive & Collision) coverage for accidents, theft, or natural disaster is not provided by the State for personal vehicles when the personal vehicle is used for state business.  If a driver desires to have a personal vehicle covered for physical damage (Comprehensive & Collision), the driver will need to purchase this coverage from a private insurance provider.
****
 
Fleet Management Division does not provide wrecker services for personal vehicles, even if used in the scope of employment.

Lease Request

In order to lease a vehicle from Fleet Management:

  • Follow Monthly Lease process (DCS-PROCESS-FM-L001);
  • Use Request for Monthly Lease form (DCS-FORM-FM-015M);
  • Submit to:
Klaudyna Routt
317 NE 31st Street (map)
Oklahoma City, OK 73105-4003
Phone: (405) 522-1204
    Fax: (405) 525-2682
Monday-Friday 7:30 AM - 4:30 PM, excluding State holidays
FM-Lease-Analyst
     
     

 

Last Modified on 03/28/2013
                                                                                                                                                                                                                                                           
 
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