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Concession for Madrid Congress and Exhibition Palace

Instituto de Turismo de España (TURESPAÑA)·Madrid, Spain·EUR 1279.3M·Deadline Sep 08, 2026 · 76 days left·Open·Works
High valueStructured notice only
Original notice title

Concesión de obra, para la redacción del proyecto y dirección facultativa, construcción y explotación del Palacio de Congresos y Exposiciones de Madrid

70/100

Opportunity Score

PromisingHigh complexity
WorksOpen
Why this score?

Opportunity

70 / 100

Complexity

85 / 100

Risk factors

High CAPEX (EUR 105.7M) and long concession period may require substantial upfront investment; reliance on projected IR...

Tender is governed by EU Directive 2014/23 (concessions) and Spanish law; legal complexity may require specialized advi...

Deep Portfolio Analysis

Deep Company Fit Analysis

Uses:

  • Description
  • Industries & Services
  • Capabilities
  • Market & Experience
  • Certifications

Overview

Strong opportunity

Key Facts

  • EUR 1279.3M estimated value
  • Works contract
  • 3 lots
  • Duration 40 YEAR
  • Redacción del proyecto de ejecución (design of execution project)
  • Dirección facultativa (technical supervision)
Show full summary

This is a 40-year concession (design, build, and operate) for the comprehensive renovation and operation of the Madrid Congress and Exhibition Palace, including parking. The estimated total contract value is EUR 1,279,250,000. The tender is published by TURESPAÑA under an open procedure, with a submission deadline of 8 September 2026. The project involves an estimated CAPEX of EUR 105.7 million and a projected IRR of 7.65%.

Risks

High CAPEX (EUR 105.7M) and long concession period may require substantial upfront investment; reliance on projected IR...

Tender is governed by EU Directive 2014/23 (concessions) and Spanish law; legal complexity may require specialized advi...

Analysis may be incomplete

Only part of the procurement documentation was analyzed. Additional eligibility requirements, certificates, or submission documents may exist in the remaining tender documentation.

Key Requirements

Technical

  • Concession term: 40 years (including 48-month design and construction phase)
  • Concessionaire must pay an annual canon (amount not disclosed in notice)
  • CAPEX of EUR 105.7 million

Requirements may be incomplete.

Award Criteria

Lot 1

SOBRE Nº 3 - Criterios valorables de forma automática76%

Buyer

Name

Instituto de Turismo de España (TURESPAÑA)

Location

Madrid, ESP

Buyer profile

Open profile

Identifier

10718210115581

Lots (3)

LOT-0000

Concesión de obra, para la redacción del proyecto y dirección facultativa, construcción y explotación del Palacio de Congresos y Exposiciones de Madrid

Design, build, and operate the congress center and its parking. Includes a 48-month project execution and construction phase, followed by operation for the remainder of the 40-year concession. The concessionaire must pay an annual canon to Turespaña.

WorksEU fundedElectronic submission

Location

ES300, Spain

Duration

40 YEAR

Category

Building construction work

Selection criteria

Quality

Deadline

Deadline Sep 08, 2026

Lot 2

Lot 2

Lot 2: Additional architectural, construction, engineering and inspection services (CPV 71000000). Details are incomplete; no separate deadline or value provided.

Category

Architectural

Lot 3

Lot 3

Lot 3: Exhibition, fair and congress organization services (CPV 79950000). Details are incomplete; no separate deadline or value provided.

Category

Exhibition

Procurement Details

Publication date
10 May 2026
Notice type
Contract notice — standard
Languages
Spanish

Reference metadata

Notice subtype
19
Notice version
1
Legal basis
32014L0023

Reference IDs

Tender ID
319806-2026
Source notice ID
0882c2c7-f02c-40fa-b734-0df2343e21ac

Documents (1)

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