£40M Supplier Contracts Secured for Serco’s Bike Scheme

Client Objectives

We worked closely with Serco to lead negotiations, resolve regulatory challenges, and secure agreements that aligned with the project’s goals and compliance requirements.

Client Summery

Serco required support in negotiating key supplier contracts for a £40m bike-scheme initiative, addressing complex issues including government and Brexit-related data protection concerns.

Outcome

(1) Successfully negotiated supplier contracts with Pashley Cycles (bikes provider) and Beryl (bike-scheme platform).

(2) Addressed and resolved central government and Brexit-related data protection issues to enable contract finalisation.

(3) Ensured favourable terms and pricing for both agreements, valued at £40m.