Sports Facility Proposal Reasonableness Review Service

Location:

Joplin, Missouri, United States

Posted on:

Deadline:

Summary:

The city of Joplin, Missouri is requesting a third-party review of the assumptions and financial projections within a sports facility proposal to ensure economic feasibility and soundness.

Get full access to this RFP

Download the full RFP document and use Settle's AI to analyze requirements, estimate budget, and draft winning responses in minutes.

The government authority in Joplin, Missouri seeks a vendor to conduct a comprehensive reasonableness review of the proposal for a new sports facility. The selected vendor will analyze the underlying assumptions related to market demand, financial projections, and economic impact to determine if they are realistic, defensible, and sound.

Key responsibilities include assessing the developer’s business plan for the indoor sports complex by validating each projection, especially those related to tournament and local usage fees intended to cover operational costs. The review must include a thorough analysis of revenues, expenditures, and financial balances from similar venues, with close attention to local and national case studies. The vendor is also expected to compare projected rental rates, gate fees, and concessions with comparable facilities and provide benchmarking matrices that summarize key performance indicators.

A draft report based on these findings will be required for presentation to the CID Board, ensuring a clear and data-driven recommendation regarding the proposal's feasibility.

Best-fit vendors:

• Experience in financial and market feasibility studies for sports or recreation facilities

• Expertise in benchmarking, case study analysis, and economic impact assessments

• Proven track record providing consulting services to government entities

• Knowledge of regional and national sports facility operations and business models

BG

Submit your next proposal, within 48 hours or less

Stay ahead with the latest advancement in proposal automation.

BG

Submit your next proposal, within 48 hours or less

Stay ahead with the latest advancement in proposal automation.

BG

Submit your next proposal, within 48 hours or less

Stay ahead with the latest advancement in proposal automation.