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Agmt15 Bay Area Bike Share Agreement
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Agmt15 Bay Area Bike Share Agreement
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Last modified
2/26/2016 8:17:16 AM
Creation date
2/25/2016 4:22:10 PM
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Agreement
Contractor Name
Metropolitan Transportation Commission and Bay Area Motivate, LLC
PROJECT NAME
Bay Area Bike Share Program Agreement
Date
12/31/2015
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<br />203193300.19 B-2 <br /> <br /> <br />(ii) Cost to operate and maintain will be reduced to $65 per Dock per month, subject to <br />CPI Adjustment, during any 12-month period in which there is an average of 1.5 <br />Trips per Bicycle per day for the entire Bicycle Fleet in such Eligible City (subject <br />to Bicycle Availability) <br /> <br />(iii) Cost to operate and maintain will be reduced to $0 per Dock per month, subject to <br />CPI Adjustment, during any 12-month period in which there is an average of 3.0 <br />Trips per Bicycle per day for the entire Bicycle Fleet in such Eligible City (subject <br />to Bicycle Availability) <br /> <br /> <br />• If Operator contracts with a private property owner to locate a publicly-accessible Station on <br />private property in the Eligible City, then the cost to operate and maintain the Equipment will be a <br />matter for agreement between Operator and the private property owner. <br /> <br /> <br />New Equipment Price Schedule <br />Station Size (No. of Bicycles)No. of Docks Cost (Excluding Sales Tax) <br />8 15 47,166.98$ <br />10 19 55,503.56$ <br />12 23 63,840.15$ <br />14 27 72,176.74$ <br />16 31 80,513.33$ <br />18 35 88,849.92$ <br />20 39 97,186.51$
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