Turlapati Priscilla Paul

UM4002-1

Procurement Model

The procurement model gives a holistic vision for the service operations of a Public Bike Sharing System. The public-private partnerships ensure that the system is viable with Viability Gap Funding. The contract is given for 5+2 extendable years and envisions starting at a minimum of 500 pedal cycles and growing exponentially at the end of 5 years. This system follows a supply-induced demand and aims to increase the ridership by 200%. Once the Service Level Agreements are satisfactory, the next phase of pedal assist cycles commences. This system can be scalable and replicable in Indian cities and help PBSS grow. 

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Introduction to the public bike sharing system and learnings from case studies

Evaluation of the existing procurement model and deriving visions and goals for the new model

The project brief of the proposed Public Private Partnership model and the timeline

Roles and responsibilities of the stakeholders

Funding mechanism for the project

Steps followed for receiving Viability Gap Funding (VGF)

The new model replicated in a pilot city - Ahmedabad

Division of stakeholders in terms of Ideation, Financing and Implementation

The risks and reasons for investment in the project

Summarizing the system with a business model canvass