frtour1-7, Exercise 3: Should a town bid for a stage finish? Model answer (check the details): Likely costs: - The hosting fee paid to the organisers. - Road closures and resurfacing, security, stewarding, temporary structures and cleaning. - Staff time and the disruption to residents and local businesses for a day or more. - The risk of bad weather or an incident. Likely benefits: - Visitors on the day, extra hotel and restaurant spending, and sales for local traders. - Television coverage that shows the town to a large audience, and publicity afterwards. - Civic pride and community events, which are hard to price. - Possible legacy: road improvements, cycling facilities, and interest in the region. Evidence the council should ask for: - Independent studies of previous host towns, not just the organisers' figures. - Hotel occupancy, spending and visitor data for earlier stage towns. - A full budget, including indirect costs and who pays. - Local views, including from residents and businesses. - An estimate of how much of the spending would have occurred anyway. Care: the benefits are often claimed more strongly than they are measured, and the sources have an interest in a positive result.