View CfT Workspace

CfT: SINGLE PARTY FRAMEWORK FOR THE PROVISION OF COMMERCIAL PROPERTY ADVISE SERVICES TO HORSERACING IRELAND AND SUBSIDIARIES

Name of Contracting Authority:
Horse Racing Ireland (HRI)
Title:
SINGLE PARTY FRAMEWORK FOR THE PROVISION OF COMMERCIAL PROPERTY ADVISE SERVICES TO HORSERACING IRELAND AND SUBSIDIARIES
CfT CA Unique ID:
Commercial Property Advise
Evaluation Mechanism:
Most Economically Advantageous Tender (MEAT)
Description:
Horse Racing Ireland (HRI) was established by the Irish Government under the Horse and Greyhound Racing Act 2001 and the Irish Horseracing Industry Act 1994. It is a commercial semi-state body that is responsible for the administration, promotion and development of Horse Racing in Ireland. HRI subsidiaries include Irish Thoroughbred Marketing Ltd (ITM), Tote Ireland Ltd and HRI Racecourses Ltd. consisting of Leopardstown Club Ltd., Fairyhouse Club Ltd., Navan Races Ltd. and Tipperary Races PLC. Leopardstown Racecourse is one of four racecourses owned and managed by Horse Racing Ireland (HRI) and is the only racecourse in Dublin, located 6 miles south of the city centre in Sandyford. It stages approximately 23 race meetings throughout the year, including the Christmas Festival, Irish Gold Cup, Irish Champion Stakes and a series of evening meetings throughout the summer. A Masterplan has recently been completed by Horse Racing Ireland (HRI) for Leopardstown. It covers all associated lands in the vicinity of Leopardstown Racecourse, owned by HRI and Leopardstown Club Ltd. and these lands together are all now referred to as the Leopardstown Campus. This ambitious vision will transform the campus at Leopardstown Racecourse into a landmark sports, entertainment and community hub that will deliver significant incremental economic benefit to the local area and indeed nationally. Achievement of this vision will be built on the foundation of the racecourse’s long history on site dating back to 1888, its strategically important location as the only racecourse in the capital city and the opportunities to add exciting new amenities to the campus. The Masterplan provides the planning and design framework that will facilitate the delivery of the Leopardstown Campus vision. There are a number of commercial opportunities arising from the proposed land uses within the Masterplan. The successful party under this framework may be required to advise on the structuring, marketing, partner selection and transaction negotiations for these opportunities. While Leopardstown Club and Horse Racing Ireland are the main user of this framework, it remains open to be used by other HRI subsidiaries should the need arise. Cork Racecourse Mallow and Curragh Racecourse Limited while not subsidiaries of Horse Racing Ireland, are closely affiliated with HRI. The Contracting Authority reserves the right to use this framework for any other business venture or industry body in which it is involved. The estimated value of this framework agreement is approximately €150,000 p.a. for ongoing commercial property advice. The maximum value of this framework agreement will not exceed €1.6m. This value may include any transaction fees due to be paid for any acquisition or disposal within the framework period. Please see the attached document for a detailed specification of service required.
Procurement Type:
Services
CPC Category:
Directive:
2014/24/EU (Classic)
Procedure:
Open
CfT Involves:
The establishment of a framework agreement
Framework agreement Timeframe:
N/A
CPV Codes:
70300000-Real estate agency services on a fee or contract basis
70330000-Property management services of real estate on a fee or contract basis
70100000-Real estate services with own property
70000000-Real estate services
70130000-Letting services of own property
70220000-Non-residential property renting or leasing services
70200000-Renting or leasing services of own property
70332200-Commercial property management services
Award per Item:
No
Inclusion of e-Auctions :
No
NUTS codes:
IE
Estimated value (EUR):
1,600,000
Above or Below threshold:
Above
Time-limit for receipt of tenders or requests to participate:
24/02/2025 15:00
Deadline for dispatching invitations:
End of clarification period:
10/02/2025 19:00
Upload of documents within the clarifications:
Yes
Tenders Opening Date:
24/02/2025 15:30
Allow suppliers to make an online Expression Of Interest:
Yes
Contract awarded in Lots:
No
Contract duration in months or years, including any options and renewals:
4 years
Validity of Tender in days or months:
12 months
EU funding:
No
Multiple tenders will be accepted:
No
Date of Publication/Invitation:
21/01/2025 07:50
TED links for published notices:
https://ted.europa.eu/udl?uri=TED:NOTICE:41678-2025...
Language of publication:
EN
Number of openers:
Two