Exam 1 (Ch. 3)

Question 1

Why is there bidding?

Answer 1

because there are substantial benefits from hasting events. Many organizations or event owners will request competing proposals from competing parties

Question 2

What is the process for bidding?

Answer 2

an RFP (request for proposal) is issued outlining the events minimum requirements

• most often-cited requirements for sport events concern venue: facility specifications, playing surface, spectator capacity, locker rooms, and amenities
• minimum requirements may also include dates, event staff and officials, and any fees or revenue guarantees

Question 3

Why do hosts do a feasibility study?

Answer 3

to develop forecasting and careful evaluation of available physical facilities, financial resources, human resources, community support, and political support

Question 4

What are Sport Commissions?

Answer 4

1. normally non-profit or gov’t entities designed to attract and assist sporting events
2. almost every large city has one or has someone within the Convention and Visitor Bureau (CVB) to sell to the sport market
3. more than 300
4. they promote economic activity

Question 5

What are some economic impacts of events?

Answer 5

1. accommodations
2. food and beverage
3. retail outlets
4. parking
5. rental cars or transportation
6. taxes

Question 6

Bidding Documents

Answer 6

include information such as purpose statement; many hosts communities extend considerable benefits in order to attract an event that will generate a significant economic impact. Events may also enhance infrastructure in the community