Source: https://tendernation.io/opportunities/01a13bef-3cbd-71ee-b37a-a132d21e8712/an-economic-analysis-of-the-funding-of-horseracing

awarded GB open procedure Suitable for SMEs

# An economic analysis of the funding of horseracing

[The Department For Culture Media & Sport](https://tendernation.io/buyers/the-department-for-culture-media-sport)

Estimated value

£70,000

Published

18 Nov 2016

Deadline

Closed

17 Sept 2015

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

The government has announced that it will bring forward legislative proposals to replace the current Horserace Betting Levy with a new Horserace Betting Right. This will ensure both British based and offshore gambling operators taking bets on British racing contribute to its costs. In order to ensure the new Right complies with European law, a detailed economic analysis of the funding of horseracing by the betting industry is needed.

Therefore the Department for Culture, Media and Sport (DCMS) invited tenders for a contract for services: an economic analysis of the funding of horseracing. The primary purpose of this work is to analyse and quantify the existing direct and indirect flows of funding from betting to racing. The required outcome of the work is to provide a detailed report

## CPV classification

Survey services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/1fbb8eeb-adc9-11e6-9901-0019b9f3037b)

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