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                                "description": "There will be an online Market Engagement Event on 8th April 2026 between 11:00am – 12:00pm.  \nEventbrite Registration: https://www.eventbrite.co.uk/e/micromobility-service-market-engagement-tickets-1984768724684?aff=oddtdtcreator \nTeams link: Available within the Eventbrite Page  \n The CPCA invites interested organizations to an online market engagement session for the upcoming renewal of the Concession Contract for the micro-mobility service in Cambridge.  \nThe market engagement seeks operator input into the development of the specification and the Combined Authority’s approach to the procurement. It will also provide an overview of the current operational area and service \nAgenda \n1. Welcome and Introductions \n2. Objective of the Market Engagement \n3. Background and key challenges  \n4. Discussion Areas \n  a. Mobilization \n  b. Key Performance Indicators \n  c. Inclusivity of the fleet \n  d. Commercial Models \n  e. Procurement Strategy  \n5. Questions",
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                            "value": "The Authority is seeking to award a Contract to a single supplier for the following requirements:\n• To provide the micromobility service in Cambridge and some of the immediately adjoining settlements, and potentially in the wider Combined Authority area\n• For 18 Months\n• Option to extend up to 3.5 years\nThe Contract to be awarded is a concession contract. The Concessionaire will be responsible for the provision, operation, and management of the micromobility service and will assume operational and demand risk associated with the service. The Authority will not guarantee any level of demand, revenue, or usage; will not provide revenue support or financial subsidy. The Concessionaire will generate revenue directly from users and bear the risk of underperformance.\nThe initial Contract will be for a period of 18 Months and will include an option for the Contract to be extend by up to a further, 3 and a half years making a total, maximum duration of 5 years.\nThe contract includes the following key requirements/provisions:\n• Micromobility service operations\n• Payment considerations\n• TUPE\n• Novation/ Warranties\n• GDPR requirements\n• Insurance Requirements\nThe successful Supplier will be appointed based on their expertise, resource and approach to delivering the project and as such the Quality Questions within Document C will become contractual obligations.\nThe contract will be signed under hand.\nNOTE:  ***The revised standstill period end date will now be midnight on the 12th of November 2026, replacing the previously communicated end date of 30 October 2026.***"
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