GBC - 036922 - Procurement of G-Live operator

The Successful Tenderer will be required to operate all functions within the G Live venue for a period of either 15 or 25 years. The Authority are seeking the following outcomes from the process:- The Successful Tenderer shall provide a high quality and imaginative programme, marketing and audience development proposals, planned maintenance proposals, and a planned investment programme, as well as options for the development of educational programmes, outreach work, and other community activities.- Significant capital investment by the service provider to help manage the asset and develop the commercial model to be depreciated within the commercial model over the operating period.- Maximise transfer of risk to the Successful Tenderer, with a FRI Lease - Achieve the optimal transfer of risk and responsibility to the Successful Tenderer whilst recognising and taking into account the fact that certain risks are best retained by the Authority or shared between the Authority and the Successful Tenderer. - A reduction in the amount of contract conditions and management oversight – The Authority recognise and welcome that eliminating subsidy may require significant reduction in the sovereignty and supervision elements that are required in the existing contract format.