All three of the major bike-sharing companies in Australia want to launch in Canberra, with a decision on who has made the cut set to be announced next week.
The ACT government has previously said they would like to see a dockless-bike scheme set up in the capital, after similar services established in Sydney and Melbourne earlier this year proved to be popular with users.
However, unlike other capital cities, the service can only get the go-ahead in the national capital after the approval of the NCA.
The NCA has indicated support for the proposal with talks between the authority and the government on how it would be carried out.
Regardless of who out of the three major bike sharing players already in Australia - ofo Australia, oBike and Reddy Go - receive the go-ahead from the territory government, it's expected they would be forced to abide by certain conditions or risk their license being suspended.
The conditions would include provisions to prevent the bikes being dumped in public spaces such as Lake Burley Griffin, after criticism from many Sydney councils of bikes being abandoned in places such as trees or even Sydney Harbour.
The initial rules could be used as a framework for future licenses for dockless bikes in Canberra down the track.
"The NCA and the ACT government would require the operator to take responsibility for the scheme, particularly concerning impact on the city's aesthetic because of dumped bikes," an ACT government spokesman said.
"The ACT government will shortly issue guidelines for operators to work under, while the legislative and regulatory avenues for appropriate management of dockless bikes are developed."
The world's largest bike-sharing company Ofo, which distributed 200 bikes in Sydney this week, said while launches in other Australian cities were not imminent, a launch in Canberra would be confirmed when "it's the right time to do so".
"We are working with government and community stakeholders in many cities across Australia to discuss local needs, best practice and potential launches of ofo," ofo Australia's head of strategy Scott Walker said.
Christy Geng from reddy Go said the company was "definitely" looking to expand in Canberra, after 400 bikes were distributed across Sydney.
"We want to make sure that we do the right thing, and we are in discussion with different levels of authorities to find the best timing of distribution," she said.
"Like any other new concept, a bike share scheme has some teething issues, however, Reddy Go is very committed to work out solutions along the way."
A spokesman for oBike said the company was looking to launch in as many cities as possible, including Canberra.