Concession for Madrid Congress and Exhibition Palace
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
Opportunity Score
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
Uses:
- Description
- Industries & Services
- Capabilities
- Market & Experience
- Certifications
Overview
Strong opportunityKey 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
Buyer
Name
Instituto de Turismo de España (TURESPAÑA)
Location
Madrid, ESP
Buyer 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.
Location
Duration
Category
Selection criteria
Deadline
Award details
Additional CPV codes
Show original TED data
Original TED description
En el marco de las competencias que tiene atribuidas Turespaña ha obtenido la autorización del Consejo de Ministros para licitar la concesión de obra pública del Palacio de congresos de Madrid, en la reunión celebrada el 6 de mayo de 2025. El complejo va a ser objeto de una rehabilitación integral que comenzó ya en 2023 con la obra de remodelación y ampliación del Edificio B para convertirse en la futura sede de Onu-Turismo. La nueva licitación tiene por objeto la concesión de obra pública del resto de inmuebles que integran el complejo. El adjudicatario se encargará de redactar el proyecto de ejecución, realizar las obras y explotar el Palacio de Congresos y su aparcamiento por un plazo de concesión de 40 años a cambio de un canon anual que abonará a Turespaña. El plazo de la concesión es de 40 años, incluyendo una fase de redacción de proyecto de ejecución y obra de 48 meses. El CAPEX es de 105,7 Millones de euros, y la TIR de proyecto de 7,65%. Una vez completados todos los trámites administrativos, Turespaña publicará la licitación en la Plataforma de Contratación del Sector Público y el Diario Oficial de la Unión Europa (DOUE). Los interesados en la licitación pueden consultar la documentación relativa al estudio de viabilidad y anteproyecto y proyecto básico en el Portal de Transparencia de Turespaña.
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
Lot 3
Lot 3
Lot 3: Exhibition, fair and congress organization services (CPV 79950000). Details are incomplete; no separate deadline or value provided.
Category
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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Opportunity Score
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
Uses:
- Description
- Industries & Services
- Capabilities
- Market & Experience
- Certifications