Contracts to deliver road maintenance projects, street lighting, gulley cleansing and technical support are being renegotiated by Peterborough City Council.
The council now plans to bundle the work up into a single deal for up to 10 years, estimated to be worth between £70m and £300m.
Presently Ringway carries out highways maintenance, Atkins provides technical services, Volker Mews maintains street lighting and ADC handles gulley cleansing in the city.
The city council wants to bring all four areas of work together into one contract from 1 August 2013 in a bid to save cash.
Councillor Peter Hiller, Cabinet Member for Housing, Neighbourhoods and Planning for Peterborough City Council, said: “We currently have four contracts to deliver services such as pot hole repairs, roadwork schemes, gulley cleansing and traffic light maintenance.
These contracts will come to their natural end in July next year and we cannot simply extend them without ensuring we are providing services for the best possible price.
“Reducing the number of contracts has the potential to save the council in the region of £500,000 a year, money which can be re-invested into providing other essential services for residents.”
Firms have until Thursday 8 November 2012 to express an interest in running the services at the procurement website.