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REQUEST FOR PROPOSALS 2017RFP06 ARENA FEASIBILITY STUDY CONSULTANT Issue Date: April 5, 2017, The City is seeking proposals from qualified professionals to conduct a feasibility study to identify
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How to fill out arena feasibility study consultant

01
To fill out an arena feasibility study consultant, follow these steps:
02
Gather all necessary information about the proposed arena project, including its location, size, and estimated construction cost.
03
Research and analyze the market demand for an arena in the project's location. This may include studying population demographics, existing sports and entertainment venues, and potential competition.
04
Assess the financial feasibility of the arena project by conducting a thorough cost-benefit analysis. Consider factors such as projected revenue streams, operating expenses, and potential funding sources.
05
Evaluate the potential social and economic impacts of the arena project. This could involve studying its potential contributions to job creation, tourism, and community development.
06
Prepare a comprehensive report summarizing the findings and recommendations of the feasibility study. This should include a detailed analysis of the project's viability, risks, and potential benefits.
07
Review and revise the report as necessary, based on feedback and suggestions from relevant stakeholders and experts.
08
Present the completed feasibility study to decision-makers, such as project sponsors or government officials, who will ultimately determine whether to proceed with the arena project.
09
Continuously update and refine the feasibility study throughout the project's development phases to account for any changes or new information that may arise.

Who needs arena feasibility study consultant?

01
Various stakeholders involved in the planning and development of an arena project may require the expertise of an arena feasibility study consultant. This can include:
02
- Local government authorities or municipalities considering the construction of a new arena in their jurisdiction
03
- Private investors or developers looking to assess the viability and potential returns of investing in an arena project
04
- Sports teams or organizations seeking to relocate or establish a new home arena
05
- Event management companies or promoters interested in exploring the feasibility of hosting events in a specific arena
06
- Architectural or engineering firms involved in the design and construction of arenas, who may require a feasibility study to inform their plans
07
- Financial institutions or lenders requiring a comprehensive analysis of the potential financial risks and rewards associated with funding an arena project.
08
In summary, anyone involved in the decision-making process or investment aspects of an arena project can benefit from the insights and recommendations provided by an arena feasibility study consultant.
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An arena feasibility study consultant is a professional who assesses the viability of constructing or renovating an arena by conducting research and analysis on factors such as market demand, financial feasibility, and cost estimates.
Typically, the party proposing to build or renovate an arena is required to hire and file an arena feasibility study consultant.
To fill out an arena feasibility study consultant, the consultant must gather relevant data, conduct analysis, and prepare a detailed report outlining the findings and recommendations.
The purpose of an arena feasibility study consultant is to provide an objective assessment of the potential success of a proposed arena project, helping stakeholders make informed decisions.
The arena feasibility study consultant report should include analysis on market demand, financial projections, construction costs, operational expenses, and potential risks.
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