The lease limit with one of our providers: Cycle Solutions, will increase from £3,000 to £4,000 for new leases applied for from 14 December 2024.
We are pleased to enable more choice of cycles and safety equipment for our staff.
We are also researching the possibility of increasing the Halfords lease limit to the same level by the end of March 2025.
With our two providers, Cycle Solutions and Halfords, until now staff have been able to lease bikes, including e-bikes and accessories up to the value of £3,000, with lease agreements of 12, 18 and 24 months to suit your needs, as follows:
Bike and equipment leasing options (Cycle Solutions and Halfords)
Cost: up to £2,000
- Lease length: 12 or 18 months
- Minimum contract (fixed term): 14 or 20 months.
Cost: £2,001-£3,000
- Lease length: 12, 18 or 24 months
- Minimum contract (fixed term): 14, 20 or 26 months.
These choices are still available with both providers. However, in addition, with effect from 14 December 2024 for Cycle Solutions:
Cost: £3,001 - £4,000
- Lease length: 24 months
- Minimum contract (fixed term): 26 months
Please refer to how the schemes run and how to apply on our Reward and Benefits webpages: Cycle to work scheme : Your travel : ... : Human Resources : University of Sussex you will find further guidance on either scheme and can link to the individual provider’s webpages to learn more and make your choice.
Any questions, please contact the Reward Team at reward@sussex.ac.uk