Economic Appraisals of Identified Projects in Advance of Bids to the Levelling Up Fund and Shared Prosperity Fund

Tendring District Council (TDC) is working in partnership with Essex County Council (ECC) to deliver transformative regeneration of Clacton, and Harwich & Dovercourt. Although private sector involvement and input will be integral, these funds have been specifically identified for local authorities to submit applications (LUF) or investment plans (SPF) to and therefore the public sector needs to take the lead. Tendring has been identified as a Priority 1 local authority under the LUF and as such will be submitting two bids for the second round of applications, before the 6th July 2022 deadline. The SPF, which allocates £1,188,232 to Tendring to apply for,, is also a key opportunity for the area. This commission therefore primarily focusses on required information to populate TDC's LUF bid, but could also form part of the SPF investment plan when required. We are therefore seeking to appoint a suitably experienced organisation to support the preparation of the economic and financial elements of the wider business cases for each area, aimed at the LUF second round bid but also in support of the SPF investment plan, one each for Clacton and Harwich & Dovercourt.