Award

Triathlon Sports Facility Investment Due Diligence Consultancy - AWARD

MILTON KEYNES COUNCIL ELECTRONIC TENDERING SITE

This public procurement record has 1 release in its history.

Award

16 Mar 2017 at 17:13

Summary of the contracting process

The procurement process, conducted by Milton Keynes Council, is for an independent viability appraisal consultancy regarding the development of a national Triathlon Centre leisure facility in Milton Keynes. The tender, titled "Triathlon Sports Facility Investment Due Diligence Consultancy - AWARD," falls under the industry category of financial consultancy services (CPV code 66171000). The award was completed on 7 March 2017 following an open procurement method, and the contract period is set from 6 February 2017 to 31 March 2017. The relevant delivery addresses include various locations within the United Kingdom and overseas territories, with the tender period having closed on 30 January 2017.

This tender presents a significant opportunity for businesses specialising in financial consultancy services, particularly those skilled in conducting viability assessments, sensitivity analyses, and business plan evaluations. Organisations that have experience with leisure facility projects or investment consultancy will be well-equipped to compete, especially given the emphasis on assessing the financial viability of the proposed Triathlon Centre and ensuring its design aligns with anticipated visitor numbers and revenue projections. Such consultancy engagements can foster business growth through reinforced credibility and potential future contracts in related public projects.

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Notice Title

Triathlon Sports Facility Investment Due Diligence Consultancy - AWARD

Notice Description

Milton Keynes Council requires an independent viability appraisal of proposals to develop a national Triathlon Centre leisure facility located in Milton Keynes, to include; o Industry-expert review of business plan assumptions key to the financial viability of the proposed facility, including: o assessment of projected visitor numbers; o commercial review of proposed pricing schedule; o assessment of the income and costs included within the business plan; o sensitivity analysis to stress-test ability to service loan repayments from income generation; o an assessment of the overall robustness of the business plan as an investment proposal. o An assessment of the proposed facility design to ensure it's consistent with achieving the forecasts within the business plan. o Proposals for structure of loan at commercial rates, including options (such as collateralisation) to protect the Council's interests in the event of default.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8641be87-9c65-453b-bfbe-9d3fa2fdc347
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0b2d531f-adec-4631-b462-d4cb7039cb25
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£8,400 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Mar 20178 years ago
Submission Deadline
30 Jan 2017Expired
Future Notice Date
Not specified
Award Date
7 Mar 20178 years ago
Contract Period
6 Feb 2017 - 31 Mar 2017 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
MILTON KEYNES COUNCIL ELECTRONIC TENDERING SITE
Contact Name
Ruth Holt
Contact Email
ruth.holt@milton-keynes.gov.uk
Contact Phone
01908 25 4744

Buyer Location

Locality
CENTRAL MILTON KEYNES
Postcode
MK9 3EJ
Post Town
Milton Keynes
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ12 Milton Keynes
Delivery Location
Not specified

Local Authority
Milton Keynes
Electoral Ward
Central Milton Keynes
Westminster Constituency
Milton Keynes Central

Supplier Information

Number of Suppliers
1
Supplier Name

SPORTING ASSETS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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