TVCA-PROC-0718 Redcar Bus Service 3

Tees Valley Combined Authority (TVCA)(the 'Contracting Authority'), part of the Tees Valley Combined Authority Group, have awarded a contract for the provision of Redcar Bus Service 3. Award of De Minimis bus transport subsidy contract in line with 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 one year that may be incurred on an individual de minimis contract or the amount of de minimis contract expenditure in any year with any single operator.