Cycle to Work Scheme

A Contract Award Notice
by KENT COUNTY COUNCIL

Source
Contracts Finder
Type
Contract (Services)
Duration
5 year
Value
£300K-£500K
Sector
TRANSPORT
Published
07 Sep 2022
Delivery
01 May 2022 to 30 Apr 2027
Deadline
31 Dec 2021 12:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

The 1999 Finance Act introduced an annual tax exemption that allows employers to loan bicycles and safety equipment to employees as a tax-free benefit to reduce environmental pollution and promote healthier journeys. As a result, KCC runs typically two annual Cycle2Work schemes in pre-determined windows, usually in April and September. During this time, employees can take part in the salary sacrifice scheme and acquire bicycles and safety equipment for the primary use of commuting to and from work. They can purchase the bike and equipment at the end of the arrangement.

Award Detail

1 Halfords (Redditch)
  • Value: £500,000

CPV Codes

  • 34430000 - Bicycles

Indicators

  • Contract is suitable for SMEs.

Reference

Domains