Lex Autolease has been awarded a five-year contract worth more than £100 million to manage the UK company car and light commercial vehicle fleet for Balfour Beatty, the global infrastructure services group.

Whilst the decision to outsource was largely due to the expected cost savings, the provider also believes it could be the start of a trend for “complex fleets” to be outsourced.

Lex Autolease will have responsibility for 3,328 company cars and 2,502 light commercial vehicles and will also provide a comprehensive range of fleet management services, including service and maintenance, accident management and core vehicle hire.

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