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Concession for design, construction and operation of Madrid Congress and Exhibition Palace

Instituto de Turismo de España (TURESPAÑA)·Madrid, Spain·EUR 1279.3M·Deadline Sep 08, 2026 · 39 days left·Open·Works
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High valueStructured notice only
Originaltitel der Bekanntmachung

Spain – Building construction work – Concesión de obra, para la redacción del proyecto y dirección facultativa, construcción y explotación del Palacio de Congresos y Exposiciones de Madrid

65/100

Opportunity Score

Needs reviewHigh complexity
WorksOpen
Warum diese Bewertung?

Chance

65 / 100

Komplexität

85 / 100

Risikofaktoren

High upfront CAPEX (€105.7M) with project IRR of 7.65% over 40 years may not provide adequate return given long payback...

All award criteria are quality-based with no price component; 76% weight on 'automatic criteria' is vague and could hid...

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Überblick

Moderate opportunity

Wichtige Fakten

  • EUR 1279.3M estimated value
  • Works contract
  • 1 lot
  • Duration 40 YEAR
  • Redact the execution project and provide technical management (project management) for the construction
  • Carry out construction works for the comprehensive rehabilitation of the Madrid Congress and Exhibition Palace complex
Vollständige Zusammenfassung anzeigen

This is a public works concession tender by Turespaña for the complete rehabilitation, design, construction, and operation of the Madrid Congress and Exhibition Palace complex and its parking. The concession term is 40 years, including a 48-month design and construction phase. The estimated total concession value is €1,279,250,000, with a CAPEX of €105.7 million and a project IRR of 7.65%. The tender is conducted under an open procedure, with award based entirely on quality criteria. Submission is electronic via the Spanish contracting platform, with a deadline of 8 September 2026. Only a single lot is tendered. The notice indicates EU funding, but the XML cites no EU funds, presenting an inconsistency. Key requirements include drafting the execution project, performing construction, and operating the congress palace and parking for 40 years in exchange for an annual fee to Turespaña. Eligibility requires minimum annual turnover and past relevant works. Full procurement documents were not analyzed, increasing uncertainty.

Risiken

High upfront CAPEX (€105.7M) with project IRR of 7.65% over 40 years may not provide adequate return given long payback...

All award criteria are quality-based with no price component; 76% weight on 'automatic criteria' is vague and could hid...

Analyse kann unvollständig sein

Nur ein Teil der Vergabeunterlagen wurde analysiert. Weitere Anforderungen, Zertifikate oder Einreichungsdokumente können in den übrigen Unterlagen enthalten sein.

Wichtige Anforderungen

Technical

  • Concession duration: 40 years including 48-month design and build phase
  • Estimated total concession value: €1,279,250,000 (CAPEX €105.7M)
  • Annual canon payment to Turespaña

Anforderungen können unvollständig sein.

Zuschlagskriterien

Lot 1

Automatic quality criteria, weight 76 (code poi-exa) — 76%Value judgment quality criteria, weight 21.5 (code poi-exa) — 21.5%Improvements quality criteria, weight 2.5 (code poi-exa) — 2.5%

Auftraggeber

Ort

Madrid, ESP

Auftraggeberprofil

Profil öffnen

Kennung

10718210115581

Tätigkeit

General public services

Lose (1)

LOT-0000

Concession for design, construction and operation of Madrid Congress and Exhibition Palace

Single lot covering design, construction, and 40-year operation of the Congress Palace and parking. Includes a 48-month design and build phase. Concession fee paid annually to Turespaña.

WorksEU fundedElectronic submission

EUR 1.3B

Geschätzter Wert

Ort

ES300, Spain

Dauer

40 YEAR

Kategorie

Building construction work

Zuschlagskriterien

Quality

Frist

Deadline Sep 08, 2026

Vergabedetails

Veröffentlichungsdatum
10 May 2026
Sprachen
Spanish

Referenzmetadaten

Rechtsgrundlage
32014L0023

Referenz-IDs

Ausschreibungs-ID
319806-2026

Dokumente (1)

Vergabedokument 1

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