The Master Lease Program: Developing a Modernized Municipal Fleet

About the Program

Category: Financial Management (Best in Category)

Year: 2018

The Master Lease Program, initiated by the City of Baltimore’s Department of General Services (DGS), fundamentally changed the approach to vehicle replacement in the City of Baltimore (the City). Through this new approach and methodology to fleet financing, DGS was able to achieve pronounced improvements in fleet health, improve outcomes for customer agencies, and ensure long-term viability. Significant impacts of the Master Lease Program include: ● Modernization of the City’s fleet; ● Reduction of maintenance and repair costs and associated labor effort; ● Increased fleet availability during scheduled operating times; and ● Right-sizing of the City’s fleet, reducing the need for backup or reserve vehicles.