Award of Service Concession Contract for Management of Roundabout Sponsorships to CP Media Limited
Awarded 31 Jul 2023
About
Peterborough City Council awarded a contract to CP Media Limited for the management of roundabout sponsorships.
Following a tender under the Concessions Regulations 2016, the contract transfers all responsibilities for sponsorship management to CP Media Limited, with the aim of maximising sales and increasing regular income streams to the council while ensuring compliance with corporate governance regulations.
The contract value is £400,000 and the term is 3 years with two optional extensions of 12 months each.
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