To bid or not to bid: calculating the costs of competitive funding processes
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Author: Localis |
To bid or not to bid
Calculating the costs of competitive funding processes
To bid or not to bid: calculating the costs of competitive funding processes
Localis produced a piece of research for the Local Government Association, based on a series of interviews and an online survey of local authority senior officers, setting out the impact of a competitive funding approach on local authorities and their partners.
We found local areas incur significant financial costs by taking part in these competitive funding rounds. Average costs for the streams that we looked at ranged from approximately 20,000 to 30,000 per bid, with in some cases hundreds of officer days allocated to preparing the required documentation.