Cardiff Arena Operator and Developer

A Concession Contract Award
by CARDIFF COUNCIL

Source
Find a Tender
Type
Contract (Works)
Duration
45 year
Value
£150M-£183M
Sector
CONSTRUCTION
Published
19 Sep 2024
Delivery
To 19 Sep 2069 (est.)
Deadline
n/a

Concepts

Location

Land (including the car park) at County Hall, Atlantic Wharf, Cardiff, CF10 4UW (“the Site”)

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

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.

Total Quantity or Scope

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.

Award Detail

1 Live Nation (London)
  • Num offers: 2
  • Value: £183,000,000

CPV Codes

  • 45000000 - Construction work
  • 45100000 - Site preparation work
  • 45212224 - Stadium construction 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
  • 45212320 - Construction work for buildings relating to artistic performances
  • 45212180 - Ticket offices construction work
  • 45212411 - Hotel construction work
  • 45213316 - Installation works of walkways
  • 45233000 - Construction, foundation and surface works for highways, roads
  • 45233100 - Construction work for highways, roads
  • 45112700 - Landscaping work
  • 71000000 - Architectural, construction, engineering and inspection services
  • 71500000 - Construction-related 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
  • 71540000 - Construction management services
  • 71530000 - Construction consultancy 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
  • 55520000 - Catering services
  • 55330000 - Cafeteria services
  • 55400000 - Beverage-serving services
  • 55410000 - Bar management services
  • 55500000 - Canteen and catering services
  • 79993000 - Building and facilities management services
  • 79993100 - Facilities management services
  • 77314000 - Grounds maintenance services
  • 90911200 - Building-cleaning services
  • 75241000 - Public security services
  • 79710000 - Security services

Indicators

  • Award on a basis other than price and quality.

Other 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. The Concession Contracts Regulations 2016 (“CCR”) apply to this scheme. The Council intends to follow a process similar to the Competitive Dialogue procedure described in the Public Contracts Regulations 2015 (as amended) (“PCR”). The Council reserves the right to deviate from the formalities of the PCR in conducting the competition due to the flexibilities permitted by the CCR. Submission of applications must be by way of completion and return of the SQ pre-qualification questionnaire (“SQ”) by the date and time specified in Section IV.2.2. The Council reserves the right not to accept submission of applications that are received after the deadline. Bidders are encouraged to submit their submission well in advance of the stated date and time in order to avoid issues such as technical difficulties with the electronic system that may be due to high volumes of traffic attempting to submit applications on the same date at the same time. (WA Ref:144604)

Reference

Domains