Options Appraisal for Marina Theatre

Descriptions

The consultant will be required to:

1. Review the current operating model for the Marina Theatre, including:

- Governance and legal structure

- Financial performance and funding arrangements

- Staffing structure

- Key partnerships (including other theatres located in the wider area)

2.Identify and assess alternative operating models, including but not limited to:

- Option 1: No change to current arrangements: the Marina Theatre Trust continues to operate the theatre and receive the current grant from LTC.

Option 1.a: The consultants should consider the effect of retaining the current management model but with the potential for any reduction in the level of annual grant based on a review of generated income.

- Option 2: Bringing the theatre operation in-house under direct Town Council management

- Option 3: Outsourcing to an established external theatre operator or commercial provider

- Option(s) 4+: other options as proposed by the consultant

3. Evaluate each option against a set of agreed criteria, to include:

- Financial sustainability and value for money

- Governance and accountability

- Staff implications and organisational capacity

- Alignment with wider Town Council objectives and operations

4. Produce a final report that includes:

- Summary of findings and insights

- Detailed option appraisals with SWOT analyses and financial implications

- Comparative assessment and scoring against agreed criteria

- Risks and mitigation strategies for each option

- Clear recommendations and rationale

5. Present findings to Council officers and/or elected members

Deliverables

• Draft option appraisal report

• Final option appraisal report with executive summary and recommendations

• Presentation of findings