A commercial partnership with us has four main characteristics:
The first three are essential for all commercial partnerships, the fourth is essential for longer term partnerships (eg Santander Cycles), but not shorter ones (eg a 24 hour renaming of a station).
There are standardised commercial opportunities which don't need a commercial partnership. These include:
For a variation on these, or to include assets which aren't otherwise commercially available, you'll need to fill in a commercial partnership brief to help us determine initial feasibility and pricing.
As a general rule, a partnership with us will cost a minimum of £100k. However, our commercial partnerships are bespoke in each case.
The cost depends on the type, number, duration and (where applicable) location of the assets, and the complexity of the overall partnership.
Where a partnership opportunity is likely to attract significant market interest, we use a managed sales process. In this, potential commercial partners submit bids for the opportunity to partner with us (eg. Santander Cycles for the London Cycle Hire Scheme).
Lead times vary, with a minimum of 12 to 14 weeks.