An Economic Feasibility Study is a document that must be prepared if you are bidding for a concession for a specific public good or service, and it typically constitutes a mandatory part of the tender documentation. For the allocation of a concession on the maritime domain, an Economic Feasibility Study is a mandatory attachment to the bid.

It is common for the tender documentation to prescribe the specific content of the study; thus, it can range from simple and concise to extensive and concrete. Naturally, this depends on the type of public services/goods in question and the estimated value of the concession.

The Economic Feasibility Study demonstrates the viability and profitability of the economic use of the public good or service. This requires creating a projection of operating revenues and expenses regarding the subject of the concession for the entire duration of the concession period. Within the study, the amount of the fixed and variable parts of the concession fee for the economic use of the good or service is determined. The amount of the concession fee, alongside the amount of investment into the concession subject, are the most frequent criteria by which received bids are evaluated and ultimately ranked.

Beyond the goal of winning the tender, it is crucial to ensure that the stated concession fee can be covered by operating revenues (along with other operating expenses necessary for performing the activity), and that the investment into the concession good has its own economic viability—whether direct or indirect.

Additional criteria that may be evaluated, and which form an essential segment of the Economic Feasibility Study, include the number of planned new jobs, as well as the bidder’s experience in performing the activity for which the concession is sought.

In our experience, more complex Economic Feasibility Studies are primarily required for the purpose of obtaining concessions on the maritime domain, specifically for ports, beaches, marinas, anchorages, hospitality facilities, etc.

Simpler examples of Economic Feasibility Studies are required for goods or services that can be provided on the maritime domain, such as: maritime and passenger agencies in ports, fuel supply for vessels, and similar activities.

For these more complex studies, it is highly recommended that they be prepared by an expert with the necessary experience and knowledge. The study must cover the entrepreneur’s historical performance, location analysis, technical-technological analysis, procurement and sales market analysis, and an economic-financial analysis that includes a projection of operating revenues and expenses, as well as an assessment of the return on investment.

Zobnica d.o.o. is focused on project preparation for obtaining financing from various sources, ranging from EU funds to commercial bank loans, as well as consulting on the preparation of various types of studies for concession applications. We have been successfully operating in the consulting market for 10 years, with clients coming from various industries and sectors. For institutional clients (Port Authorities, counties, and Local Self-Government Units), we have prepared feasibility studies for granting concessions, and for entrepreneurs, we have prepared economic feasibility studies for applying to concession tenders, giving us a comprehensive view of the process from both sides.

We understand that concession renewal for clients who have already invested significant funds into the concession subject is a very sensitive topic, and that obtaining a new concession is a vital and delicate matter for them; we approach it with the appropriate level of care.

The study preparation process should begin on time, even before the official publication of the concession tender, as alignment with tender conditions can be adjusted in a later phase.

If you require an Economic Feasibility Study and wish to have an informational conversation with us or receive a quote, please fill out the form at the following link, and we will get back to you as soon as possible.

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Whether you’ve just started or have been planning to apply for a non-reimbursable EU grant for some time, I believe you have various questions and dilemmas and are looking for answers.

This manual is the ideal starting point for your search for answers, and it was created after numerous conversations and meetings with farmers who have never applied for or implemented projects co-financed by EU funds.

The manual stems from the need to familiarize users with the fundamental prerequisites/concepts related to agricultural holdings viewed from the aspect of applying for non-reimbursable EU tenders.

The good news that I must emphasize right here is that with the purchase of this manual, you also receive half an hour of telephone consultations during which I will give you answers to your questions related to the content of the manual, as well as free advertising of your products and services on our portal Ethno Dalmacija. Our cooperation doesn’t have to end here; on the contrary, we dare to say that this is just the beginning, and you can see what else we can do for you and how we can help you on our website, where you can choose something for yourself. The price of the guide in PDF format is 70.00 Euros, which you can pay using this payment slip and confirm to us by email: info@zobnica.hr. Once we receive the payment, we will send you the guide by email and arrange a time for telephone consultations!

Take a look at the guide DownloadPay and send an email to info@zobnica.hrDownload

• Avoiding conflicts of interest
• Principle of proportionality
• Principle of equal treatment
• Principle of non-discrimination
• Principle of rational and economic spending of funds

1. Preparation and publication of the call for tenders
2. Defining capacity conditions, the subject of procurement, criteria for the selection of the bid, and deadlines for submitting bids
3. Review and evaluation of received bids

1. Procurement procedure with a single bidder For procurement of goods, works, and services with an estimated value up to HRK 150,000.00 – the contracting authority is not obliged to prepare a call for tenders, and in that case, there is no formal review and evaluation of bids conducted in the procurement procedure with mandatory publication.
2. Procurement procedure with mandatory publication. For procurement of goods, works, and services with an estimated value exceeding HRK 150,000.00 – the contracting authority is obliged to publish the call for tenders on the website www.strukturnifondovi.hr, and in that case, they perform a formal review and evaluation of the received bids.
3. Special procurement procedures – conducting the procurement procedure by sending or publishing a call for tenders to one or more bidders regardless of the estimated value of the procurement, possible only in exceptional cases.

• Failure to publish the call for tenders
• Artificial division of contracts to avoid publishing the call for tenders
• Unjustified use of a special procurement procedure
• Shortening deadlines
• Discriminatory technical specifications

• The thresholds for conducting the procedure
• Grouping of the subject of procurement to avoid the annulment of the procurement procedure
• Clearly defining the technical specifications of the subject of procurement
• Clearly defining the capacity conditions of the bidder for the execution of the contract subject
• Paying attention to deadlines

Lecor d.o.o. from Benkovac is a long-standing client of Zobnica d.o.o. Located in the village of Lepuri, Lecor d.o.o. manages a 17-hectare estate featuring an olive grove with over 4,000 olive trees, as well as a state-of-the-art olive processing plant with a capacity of 1,000 kg/h.

Our cooperation with Lecor d.o.o. began back in 2017 with the planning of several projects, all aimed at raising business quality, diversifying activities, and consolidating their offer.

To date, we have achieved the following results:

• Realized investment under Measure 6.1.1 “Support for young farmers” in the amount of HRK 473,000, of which HRK 370,000 was awarded as non-repayable grants.

• Ongoing implementation of an investment under Measure 4.2.1 “Increasing value added to agricultural products” – facilities for oil production. The total investment amount is HRK 2,139,573.96, with approved grants amounting to HRK 974,993.72.

• Ongoing implementation of an investment under Measure 6.2.1 “Support for investment in the creation of non-agricultural activities in rural areas” – launching an olive oil tasting room. The total investment amount is HRK 693,262.00, with approved grants amounting to HRK 370,000.00.

• Secured credit financing from a commercial bank in the amount of HRK 3,800,000.00.

We hope this is just a fraction of the projects completed for our dear clients, and we look forward to future business ventures.

Yours, Zobnica