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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 · 17 days left·Open·Works
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High valueStructured notice only
Titre original de l'avis

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

Score d'opportunité

Needs reviewHigh complexity
WorksOpen
Pourquoi ce score ?

Opportunité

65 / 100

Complexité

85 / 100

Facteurs de risque

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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Analyse approfondie de l'adéquation entreprise

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Aperçu

Moderate opportunity

Faits clés

  • 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
Afficher le résumé complet

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.

Risques

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...

L'analyse peut être incomplète

Seule une partie des documents de consultation a été analysée. Des exigences, certificats ou documents de soumission supplémentaires peuvent exister dans les documents restants.

Exigences clés

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

Les exigences peuvent être incomplètes.

Critères d'attribution

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%

Acheteur

Localisation

Madrid, ESP

Profil acheteur

Ouvrir le profil

Identifiant

10718210115581

Activité

General public services

Lots (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

Valeur estimée

Localisation

ES300, Spain

Durée

40 YEAR

Catégorie

Building construction work

Critères d'attribution

Quality

Date limite

Deadline Sep 08, 2026

Détails de la procédure

Date de publication
10 May 2026
Langues
Spanish

Métadonnées de référence

Base juridique
32014L0023

Identifiants de référence

ID de l'appel d'offres
319806-2026

Documents (1)

Document de consultation 1

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