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Regular news: Issue 602 3 Aug 2012

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Buses / Coaches / FTR, Funding / Financing, Wales

Welsh transport consortia poised to manage bus funding

Wales’ four regional transport consortia are poised to take a bigger role in funding bus services under reforms proposed by the Welsh Government.

Transport minister Carl Sargeant wants to create a single ring-fenced grant for buses from April 2013 to replace the existing Bus Service Operators Grant (BSOG) and the Local Transport Services Grant (LTSG) that funds a range of measures including additional services, new vehicles, and works such as new bus shelters.

The new grant will be...

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