# PRF 1433 - Service Concession Contract for the Management of Roundabouts Sponsorships

> A sourced UK public sector contract award published by Peterborough City Council.

## Key facts

- Buyer: [Peterborough City Council](/buyers/peterborough-city-council/contract-awards)
- Supplier: [CP Media Limited](/suppliers/cp-media/public-sector-contract-awards)
- Award value: £400,000
- Tender value: £400,000
- Award date: 29 July 2023
- Published: 20 November 2023
- Contract start: 1 August 2023
- Contract end: 31 July 2025
- Stage: awarded
- Procurement category: services
- Notice ID: 146e1823-1d76-42a4-b215-1a1b6bd9979c-699858
- OCID: ocds-b5fd17-f014e9d4-f1d4-4763-84d9-a23d4b5ec057

## Description

Following a tender under the Concessions Regulations 2016, Peterborough City Council has awarded a Contract for an outside organisation to adopt all responsibilities pertaining to the management of sponsorships of our roundabouts\. The aim of the Contract is to maximise sales and to increase regular income stream to the council\. This will also ensure the council comply with corporate governance regulations\. The length of the Contract awarded is 3 years with two optional extensions of 12 months each\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/146e1823-1d76-42a4-b215-1a1b6bd9979c-699858)