Concession award notice
Results of the procurement procedure
Section I: Contracting
authority/entity
I.1) Name and addresses
The Royal Parks Ltd
The Old Police House, Hyde Park
London
W2 2UH
UK
Telephone: +44 3000612000
E-mail: procurement@royalparks.org.uk
NUTS: UKI
Internet address(es)
Main address: https://www.royalparks.org.uk/
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Recreation, culture and religion
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Hyde Park Winter Wonderland 2025-2032
II.1.2) Main CPV code
79950000
II.1.3) Type of contract
Services
II.1.4) Short description
The Royal Parks (TRP) has awarded a concession contract having carried out a tender exercise for the procurement of a contract in relation to Hyde Park Winter Wonderland.
II.1.5) Estimated total value
Value excluding VAT:
900 000 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
900 000 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
79952000
II.2.3) Place of performance
NUTS code:
UKI
Main site or place of performance:
LONDON
II.2.4) Description of the procurement
The Royal Parks Limited (TRP) has run a tender exercise for the annual Hyde Park Winter Wonderland event. Interested suppliers responded to the concession notice, and submitted a signed Non-Disclosure Agreement and Conflict of Interest Declaration to access the tender documents and participate in the opportunity. TRP considers that the procurement of the concession contract has been governed by Regulation 19 of, and Schedule 3 to, the Concession Contracts Regulations 2016 (as amended) (CCR) and that, as such, the usual five-year limit on contract duration (stipulated by Regulation 18, CCR) does not apply. In any event, TRP considers the proposed eight-year duration to be objectively justified by the scope and nature of the proposed concession contract, including the length of time which it expects will be necessary in order for the successful concessionaire to be able to recoup the investments needed to perform the concession, as well as to obtain a return on the invested capital.
II.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession
Duration in months: 96
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Form of procedure
Award procedure with prior publication of a concession notice
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2023/S 000-019544
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
08/02/2024
V.2.2) Information about tenders
Number of tenders received: 2
Number of tenders received from SMEs: 0
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 1
Number of tenders received by electronic means: 2
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
International Management Group (UK) Limited
00946580
Building 6 Chiswick Park, 566 Chiswick High Road
London
W4 5HR
UK
NUTS: UKI
Internet address(es)
URL: www.img.com
The contractor is an SME:
No
V.2.4) Information on value of the concession and main financing terms (excluding VAT)
Total value of the concession/lot:
900 000 000.00
GBP
Section VI: Complementary information
VI.3) Additional information
The value given in Section V.2.4 of this notice is the originally-estimated contract value. It is not possible to state a total contract value, as that value is dependent on contract performance and may vary from year to year.
To view this notice, please click here:
<a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=847660778" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=847660778</a>
GO Reference: GO-2024321-PRO-25560409
VI.4) Procedures for review
VI.4.1) Review body
The Royal Courts of Justice
Strand
London
WC2A 2LL
UK
Internet address(es)
URL: https://theroyalcourtsofjustice.com/
VI.5) Date of dispatch of this notice
21/03/2024