Hyde Park Music Festival 2022-2027
A Modification Notice
by THE ROYAL PARKS (TRP TRADING COMPANY LTD)
- Source
- OJEU
- Type
- Contract (Services)
- Duration
- 6 year
- Value
- £359M-£438M
- Sector
- MISCELLANEOUS
- Published
- 21 Feb 2023
- Delivery
- To 20 Feb 2029 (est.)
- Deadline
- n/a
Concepts
Location
London
1 buyer
- Royal Parks TRP Trading London
1 supplier
- Aeg Presents London
Description
The Royal Parks (TRP Trading Company Ltd) invited tenders for an event contract for the operation and management of Hyde Park Music Festival for a six year period.
Ammendments to Previous Notice
2. Contract value
GBP 359,410,000 438,000,000
Award Detail
| 1 | Aeg Presents (London)
|
CPV Codes
- 79952000 - Event services
Indicators
- Contract modified due to unforeseen circumstances.
Legal Justification
This is an Event Services contract, classified as 'social and other specific services' under Schedule 3 of the CCR. As such, TRP does not consider Regulation 43 of the CCR applies. Additional Events (AEs) have become available because a concession contract for an event in September expired during the Covid pandemic. The cost of staging a smaller standalone event in September substantially outweighs the inclusion of the AEs in the HPMF Contract for 2025-27. Instead of 2 lots of event infrastructure being built and de-rigged and 2 lots of concerts - as was the previous arrangement when the 2 slots that are now the AEs were previously used for different events in September - there is only 1 event, 1 lot of infrastructure and 1 lot of disruption – significantly better for the park environment and the enjoyment of the park by its visitors. The modification is also necessary as there is no time to procure an alternative event organiser (under a separate contract) to hold the AEs from 2025.
Reference
- OJEU 107667-2023