Award

Hyde Park Winter Wonderland 2025-2032

THE ROYAL PARKS LTD

This public procurement record has 3 releases in its history.

Award

21 Mar 2024 at 19:05

TenderUpdate

13 Jul 2023 at 09:05

Tender

07 Jul 2023 at 18:05

Summary of the contracting process

The Royal Parks Ltd has completed a tender exercise for the Hyde Park Winter Wonderland 2025-2032 concession contract. The procurement falls under the services category, with a contract value of £900,000,000. The procurement method used was an award procedure with prior publication. The process was initiated on 21st March 2024. The buying organisation, The Royal Parks Ltd, based in London, fulfilled the buyer role in this procurement.

This opportunity for the Hyde Park Winter Wonderland concession contract can benefit companies providing exhibition, fair, and congress organisation services. Businesses interested in event services in London are well-suited to compete for this contract. The latest tender update indicates a deadline extension to 12th September 2023 for submission of tenders. The eight-year contract duration offers long-term business growth opportunities for the selected supplier, currently International Management Group (UK) Limited.

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Notice Title

Hyde Park Winter Wonderland 2025-2032

Notice 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.

Lot Information

Lot 1

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.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03e00a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009278-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Award procedure with prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79950000 - Exhibition, fair and congress organisation services

79952000 - Event services

Notice Value(s)

Tender Value
£900,000,000 £100M-£1B
Lots Value
£900,000,000 £100M-£1B
Awards Value
Not specified
Contracts Value
£900,000,000 £100M-£1B

Notice Dates

Publication Date
21 Mar 20241 years ago
Submission Deadline
22 Aug 2023Expired
Future Notice Date
Not specified
Award Date
8 Feb 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
THE ROYAL PARKS LTD
Contact Name
Joyce Gibson, Zak Durrani
Contact Email
hpwwtender@royalparks.org.uk, procurement@royalparks.org.uk
Contact Phone
+44 003000612321, +44 3000612000

Buyer Location

Locality
LONDON
Postcode
W2 2UH
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
Westminster
Electoral Ward
Hyde Park
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

INTERNATIONAL MANAGEMENT GROUP (UK

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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