This public procurement record has 1 release in its history.

Award

19 Sep 2024 at 13:55

Summary of the contracting process

Cardiff Council has recently awarded a contract for the development and operation of a major music/entertainment arena, known as Cardiff Arena, located at County Hall, Atlantic Wharf, Cardiff. The arena is intended to cater up to 15,000 people and will include additional developments such as a hotel and connecting infrastructure. The procurement followed a process similar to the Competitive Dialogue procedure under the Public Contracts Regulations 2015 but leveraged flexibilities permitted by the Concession Contracts Regulations 2016. The contract award, valued at £183 million, was signed on 12th August 2024 with Live Nation who will design, construct, maintain, and operate the arena over a 40-45 year concession period.

This tender represents a significant opportunity for businesses in the construction, hospitality, and entertainment sectors. With Cardiff Arena set to become a prominent venue, there will be recurring needs for a wide array of services including but not limited to construction-related services, facility management, entertainment, and hospitality. Large scale developers, contractors, hospitality service providers, and entertainment management companies would find this contract particularly beneficial as it provides long-term business growth prospects through substantial capital expenditure projects and the ongoing management of a high-profile venue. The involvement of a prestigious entity like Live Nation further underlines the potential for collaborative opportunities and robust business growth.

How relevant is this notice?

Notice Title

Cardiff Arena Operator and Developer

Notice Description

Cardiff Council ("the Council") is the freeholder of the Site on which it wishes to develop a music/entertainment and events arena with a capacity of up to 15,000 ("the Arena"). The Council is seeking to appoint a developer and operator to design, construct, maintain and operate the Arena. The Council will contribute financing towards the delivery of the scheme. The successful bidder will be granted a 99-199 year lease from the Council for the Arena development. The developer will be responsible for securing the initial consortium member operator (and any successor operators) to operate the Arena for a concession period of 40-45 years. The scheme will also involve the delivery of a hotel development, connecting road infrastructure and public realm spaces.

Lot Information

Lot 1

Continues from II1.4. The Council's financial contribution to the scheme will be through a Funding Agreement with the developer for up to 30m GBP or alternatively through an income strip lease arrangement over the term of the concession. Bidders are expected to submit tenders on both of these basis. Further details are provided in the Descriptive Document and other Concession Documents available through the portal referred to in l.3) above. The level and availability of the Council's financial contributions are subject to the Council's decision making and internal approval processes and details will confirmed to participating bidders during the competition. Prospective bidders should note that the Council reserves the right to vary the available funding and financing approaches during the procurement process. The Council or developer will be required to acquire some land immediately adjacent to the Site to be made available for the delivery of the Arena. Additional information: The duration of the concession will be in the region of 40-45 years. The applicants with the 3 highest scoring compliant SQ responses will be invited to the tender stage of the competition process. The estimated values in II.1.5 and II.2.6 represents the estimated capital cost. It does not include the estimated Operator operating revenue that may be achieved through the operation of the Arena.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-049c42
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030012-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Not Specified
Procurement Method Details
Award procedure with prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

55 - Hotel, restaurant and retail trade services

71 - Architectural, construction, engineering and inspection services

75 - Administration, defence and social security services

77 - Agricultural, forestry, horticultural, aquacultural and apicultural services

79 - Business services: law, marketing, consulting, recruitment, printing and security

90 - Sewage, refuse, cleaning and environmental services

92 - Recreational, cultural and sporting services


CPV Codes

45000000 - Construction work

45100000 - Site preparation work

45112700 - Landscaping work

45210000 - Building construction work

45212000 - Construction work for buildings relating to leisure, sports, culture, lodging and restaurants

45212100 - Construction work of leisure facilities

45212170 - Entertainment building construction work

45212180 - Ticket offices construction work

45212224 - Stadium construction work

45212320 - Construction work for buildings relating to artistic performances

45212411 - Hotel construction work

45213316 - Installation works of walkways

45233000 - Construction, foundation and surface works for highways, roads

45233100 - Construction work for highways, roads

55330000 - Cafeteria services

55400000 - Beverage-serving services

55410000 - Bar management services

55500000 - Canteen and catering services

55520000 - Catering services

71000000 - Architectural, construction, engineering and inspection services

71220000 - Architectural design services

71240000 - Architectural, engineering and planning services

71247000 - Supervision of building work

71251000 - Architectural and building-surveying services

71400000 - Urban planning and landscape architectural services

71500000 - Construction-related services

71530000 - Construction consultancy services

71540000 - Construction management services

75241000 - Public security services

77314000 - Grounds maintenance services

79710000 - Security services

79993000 - Building and facilities management services

79993100 - Facilities management services

90911200 - Building-cleaning services

92000000 - Recreational, cultural and sporting services

92300000 - Entertainment services

92312100 - Theatrical producers', singer groups', bands' and orchestras' entertainment services

92312120 - Singer group entertainment services

92312130 - Band entertainment services

92312140 - Orchestral entertainment services

Notice Value(s)

Tender Value
£150,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£183,000,000 £100M-£1B

Notice Dates

Publication Date
19 Sep 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Aug 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
Cardiff Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CARDIFF
Postcode
CF10 4UW
Postcode Area
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
TLL22 Cardiff and Vale of Glamorgan

Local Authority
Cardiff
Electoral Ward
Butetown
Westminster Constituency
Cardiff South and Penarth

Supplier Information

Number of Suppliers
1
Supplier Name

live nation

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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