Award of De Minimis Contract - Kinchbus Service 2 Loughborough - Sileby

Award of De Minimis contract to Kinchbus for continuation of Serve 2 Loughborough to Sileby. These contracts are exempt from the Procurement Act 2023 regulations as they are awarded on a De Minimis basis as provided for under the Transport Act and Service Subsidy Agreements (Tendering) (England) (Amendment) Regulations 2004. Local authorities or Passenger Transport Authorities/Executives with forecast expenditure on bus service subsidies in any one year of £600,000 or more will be able to spend up to 25% of this on de minimis contracts; within this 25% there is no limit on the expenditure in any year with any single operator.