Notice Information
Notice Title
Planet Ice Project - Dudley Town Centre: Market Viability Analysis & Economic Impact Assessment
Notice Description
A new ice rink development has been proposed for Dudley town centre. The project includes a 2,000-seat ice rink, for which there is the aspiration for it to be the home stadium for a new professional ice hockey team, and a publicly accessible ice rink. The development will also include a 139-bed hotel, to support visitors to the rink that require overnight stays, and also the wider Dudley business and leisure visitor market. This Market Viability Analysis and Economic Impact Assessment is being commissioned by the West Midlands Growth Company, developers Planet Ice and Dudley MBC. The requirement is for two separate, but interlinked, research and analysis reports, summarised below and detailed further in the following sections: a) The Financial Case - provide market evidence for the overall projects and various schemes, i.e., the number of visitors and their spend potential. This will need to identify the market for the ice rink and the hotel, demonstrating the overall viability of project through a 10-year financial case to assess if the investment is financially viable. The financial case should include the annual revenues and costs, and cash flows. The revenue side need to be built on an agreed addressable market for the ice rink and hotel, a realistic sales forecast, and value based/competitive pricing as appropriate. The cost side of the business case needs to include capital investment, operational costs, management costs, financing costs and other relevant costs. A clear methodology be set out to agree the assumptions underpinning the financial case. The model should be in excel, unlocked, open, documented and all parties involved (DMBC, Planet Ice and WMGC) have full rights to use after the project. b) Economic Impact Assessment - based on the details in the market assessment, to analyse the economic impact of the project at the Dudley Borough level. This will need to consider the direct, indirect and induced effects of the project, setting out the jobs created, the GVA impact and the wider benefits of the project. Further detail on this is given later in this brief. Additional information: Is a Recurrent Procurement Type? : No
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-b5fd17-9177c09c-0f0a-4c4b-859a-5e40dd9c235e
- Publication Source
- Contracts Finder
- Latest Notice
- https://www.contractsfinder.service.gov.uk/Notice/6d299904-1115-4f03-9eec-d326ff6dcd59
- Current Stage
- Tender
- All Stages
- Tender
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure (below threshold)
- Tender Suitability
- SME
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
72 - IT services: consulting, software development, Internet and support
73 - Research and development services and related consultancy services
-
- CPV Codes
72221000 - Business analysis consultancy services
73200000 - Research and development consultancy services
Notice Value(s)
- Tender Value
- £55,000 Under £100K
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 23 Aug 20232 years ago
- Submission Deadline
- 22 Sep 2023Expired
- Future Notice Date
- Not specified
- Award Date
- Not specified
- Contract Period
- 9 Oct 2023 - 15 Dec 2023 1-6 months
- Recurrence
- Not specified
Notice Status
- Tender Status
- Active
- Lots Status
- Not Specified
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- WEST MIDLANDS GROWTH COMPANY LTD E-TENDERING
- Contact Name
- Available with D3 Tenders Premium →
- Contact Email
- Available with D3 Tenders Premium →
- Contact Phone
- Available with D3 Tenders Premium →
Buyer Location
- Locality
- WEST MIDLANDS
- Postcode
- B4 6AT
- Post Town
- Birmingham
- Country
- England
-
- Major Region (ITL 1)
- TLG West Midlands (England)
- Basic Region (ITL 2)
- TLG3 West Midlands
- Small Region (ITL 3)
- TLG31 Birmingham
- Delivery Location
- TLG West Midlands (England)
-
- Local Authority
- Birmingham
- Electoral Ward
- Ladywood
- Westminster Constituency
- Birmingham Ladywood
Further Information
Notice Documents
-
https://www.contractsfinder.service.gov.uk/Notice/6d299904-1115-4f03-9eec-d326ff6dcd59
23rd August 2023 - Opportunity notice on Contracts Finder -
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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