Cycle hire scheme

Meeting: 
MQT on 2012-09-19
Session date: 
September 19, 2012
Reference: 
2012/2407
Question By: 
Darren Johnson
Organisation: 
City Hall Greens
Asked Of: 
The Mayor

Question

Is the full payment of the £50m sponsorship money from Barclays for cycle hire and superhighways dependent upon Transport for London delivering these schemes? Can you please list the obligations upon TfL which flow from this agreement?

Answer

Answer for Cycle hire scheme

Answer for Cycle hire scheme

Answered By: 
The Mayor

The Barclays sponsorship agreement is worth up to £50 million to 2018. No further detail can be provided due to confidentiality provisions in the contract.