duetgroup

The Duet leasing and maintenance service A new way to source andmanage musical instrumentsmore cost-effectively and reliablythan purchasing.

And an opportunity to acquire best-of-breed brands without largecapital investment.

We provide musical instruments,equipment and services that

• Protect clients from purchasing costs

• Ensure instruments are alwaysoperating to the highest artisticstandards

• Encourage and reward students inpractice and performance

• Solve the timing problem of today’sneeds vs available budget

• Make best-of-breed Instrumentsaffordable, accessible and available

• Empower the education professional tofocus on teaching and creativity

• Ultimately, guarantee futuresustainability.

The Duet message

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Our service is based on “symphonic”principles, each element entirelydependent on the other.

We’re experts in financingjust as Beethoven was an expert inmelody.

We’re experts in maintenancejust as Beethoven was an expert inharmony.

We’re experts in managementjust as Beethoven was an expert inrhythm.

The Duet expertise

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Our service is based on “symphonic”principles, each element entirelydependent on the other.

Just as a symphony is the inter-dependent product of melody, harmonyand rhythm, so Duet’s service is the inter-dependent product of financing,maintenance and management.

The Duet expertise

Duet partner clients enjoy the thrill and unforgettableexperience of collaborating in massive public concerts in London’s Royal Festival Hall.

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Financing

Cost-effective purchasing of instrumentsand equipment.

Artistic vs economic valuations so clientonly pays for musical qualities.

Flexible, bespoke leasing systems that fitinside pre-existing client budgets.

Maintenance

Regular tuning and planned preventativemaintenance.

Annual structured servicing.

Remedial works and repairs.

Management

Procurement at best price.

Disposals to realise maximum assetvalues.

Renewals to ensure client stocks arealways “good as new”.

Components of expertise

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• No two schools, colleges,or departments are ever the same

• The composition of each instrumentfleet differs from every other

• Client value-added needs differ

• The best results – and the mostbeneficial outcomes – are always theproduct of careful consultation.

Duet means a partnership in

bespoke consultation

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Duet Foundation supports young musicians throughscholarships, help with instrument purchase, tuition and sponsorship of concerts and recitals.

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The typical model

This graph shows a small fleet of four beige pianos each replaced with a newblue piano at a frequency of one replacement per annum. Supplier inflationshows increase in capital expenditure whilst diminishing instrument qualityshows increased maintenance spend.

So when piano no.4 is being replaced, the earlier replacement for piano no.1,several years before, attracts increasingly higher maintenance expenditure.

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The Duet model

This graph shows all four beige pianos being replaced in one event. The new bluepianos are serviced and maintained regularly, thus diminishing wear and tear and,by so doing, increasing the artistic life and stability of the instruments.

Leasing and servicing costs are fixed, offering predictability for budget holders.

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So how much does it actually cost?

A typical school of 900 students To Purchase Duet Lease

1 x Steinway Model D concert piano

2 x Steinway Model B teaching pianos

4 x Yamaha C3X practice and teaching pianos

6 x Yamaha U1 upright practice pianos

Annual servicing

3 x tunings per piano per annum £350,000 £23,900 per annum

A smaller school of 300 students

1 x Steinway Model B concert piano

2 x Yamaha C3X teaching pianos

5 x Yamaha U1 upright practice pianos

Annual servicing

3 x tunings per piano per annum £130,000 £8,700 per annum

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Pianos

Timpani

Cor anglais

Bass clarinets

Double bassoons

Double basses

Piccolo trumpets

Rock drum kits

Electric guitars and basses

Classroom percussion

Classroom keyboards

Organs

Harpsichords

French horns

Staging

Raked seating

Amadeus soundproof rooms

Digital recording equipment

The most popular instruments leased by schools and universities

• Firstly we meet with the head of music,often with a head of keyboards present.

• Here we discuss the objectives of theclient’s requirements: repertoire,ABRSM standards, brand preference,list of existing stocks.

• Often this is followed soon after by ashort technical presentation to financemanagers to illustrate the contractualissues of any future management lease.

continued

So, what does workingwith Duet entail?

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Duet Foundation supports young musicians throughscholarships, help with instrument purchase, tuition and sponsorship of concerts and recitals.

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“The Main reason we want to work with Duet is that we have found an organisationthat understands music making, musiciansand the resources required to inspirecreativity.

When it comes to Duet, you’re not speakingto a bank, finance company, ormanufacturer: you’re speaking to a musicservices company that shares musicians’values at a profound level.”

Prof. John WallacePrincipal, Royal Conservatoire of Scotland

“At the Royal Northern College of Music webelieve and invest in the energy betweenstudents, artists, and audiences and weprovide a rich variety of courses which trainmusicians to a professional level.

Our partnership with Duet is entirely in tunewith our mission. Duet provides world-classmusical instruments for our teachers andstudents whilst delivering the highest level ofintegrated servicing and maintenance.”

Prof. Jonty StockdalePrincipal, RNCM

• A detailed audit of stocks is carried out toascertain quality and identify instrumentsneeding retirement, potential refurb-ishments, possible re-locations and thevalue, per instrument, of the fleet.

• At Duet’s offices we develop a set ofmodels each with a correspondingproposal which includes brand and modeltypes, refurbishment opportunities,disposal/retirement recommendations,and recommended replacement brandsand models.

• Clients are encouraged to discuss ourmodels and proposals with allstakeholders.

• Then a draft leasing agreement andmaintenance schedule are advanced tothe head of music and finance manager.

• Duet usually delivers new stocks andrefurbishes old stocks within three monthsof the lease documentation beingapproved by the client.

Ashford School

Harrow School

King Edward VI School, Warwickshire

Oakham School

Oundle School

Reigate School

Royal Conservatoire of Scotland

Royal Hospital School

Royal Northern College of Music

St Hilda’s College, Oxford

St John’s College, Cambridge

St Joseph’s College, Ipswich

Skipton High School

Tiffin College

University College Falmouth

University of London

University of Southampton

Wellington College

Whitgift School

The people who agree with Duet

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duetgroup

We’d love to form a Duet with you Above all, Duet is aboutdelivering the best results fromthe outset and dynamically everyday thereafter.

Visibly when you need it, invisiblywhen you don’t.

Bank House, Bank Street, Ashford, Kent TN23 1BXTelephone 01233 896820 · Fax 01233 896821 · www.duetgroup.co.uk