Awarded contract

Hyde Park Music Festival (HPMF) 2022-27

  • The Royal Parks

F20: Modification notice

Notice reference: 2021/S 000-023477

Published 21 September 2021, 3:20pm



Section one: Contracting authority/entity

one.1) Name and addresses

The Royal Parks

The Old Police House, Hyde Park

London

W22UH

Email

procurement@royalparks.org.uk

Telephone

+44 3000612000

Country

United Kingdom

NUTS code

UKI - London

Internet address(es)

Main address

http://www.royalparks.org.uk

Buyer's address

http://www.royalparks.org.uk/about-us


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Hyde Park Music Festival (HPMF) 2022-27

two.1.2) Main CPV code

  • 79952000 - Event services

two.1.3) Type of contract

Services

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKI - London

two.2.4) Description of the procurement at the time of conclusion of the contract:

The Royal Parks (TRP) invited tenders for an event contract for the operation and management of the Hyde Park Music Festival (HPMF) for a 6-year period.

two.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession

Duration in months

72


Section four. Procedure

four.2) Administrative information

four.2.1) Contract award notice concerning this contract

Notice number: 2020/S 217-534160


Section five. Award of contract/concession

Contract No

NA

five.2) Award of contract/concession

five.2.1) Date of conclusion of the contract/concession award decision:

3 November 2020

five.2.2) Information about tenders

The contract/concession has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor/concessionaire

AEG Presents Ltd

London

Country

United Kingdom

NUTS code
  • UKI - London
The contractor/concessionaire is an SME

No

five.2.4) Information on value of the contract/lot/concession (at the time of conclusion of the contract;excluding VAT)

Total value of the procurement: £359,410,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

The Royal Parks

London

Country

United Kingdom


Section seven: Modifications to the contract/concession

seven.1) Description of the procurement after the modifications

seven.1.1) Main CPV code

  • 79952000 - Event services

seven.1.3) Place of performance

NUTS code
  • UKI - London

seven.1.4) Description of the procurement:

The Royal Parks (TRP) invited tenders for an event contract for the operation and management of the Hyde Park Music Festival (HPMF) for a 6-year period.

seven.1.5) Duration of the contract, framework agreement, dynamic purchasing system or concession

Duration in months

72

seven.1.6) Information on value of the contract/lot/concession (excluding VAT)

Total value of the contract/lot/concession:

£359,410,000

seven.1.7) Name and address of the contractor/concessionaire

AEG Presents Ltd

London

Country

United Kingdom

NUTS code
  • UKI - London
The contractor/concessionaire is an SME

No

seven.2) Information about modifications

seven.2.1) Description of the modifications

Nature and extent of the modifications (with indication of possible earlier changes to the contract):

TRP publishes this notice to record its intension to modify its contract for the operation and management of Hyde Park Music Festival (HPMF) to allow the Event Organiser to hold two additional days' worth of annual events in 2022, 2023 & 2024 each having a capacity of 49,999. All of the events permissible each year under the contract (including the Additional Events) will be held within a three week time period.

seven.2.2) Reasons for modification

Need for additional works, services or supplies by the original contractor/concessionaire.

Description of the economic or technical reasons and the inconvenience or duplication of cost preventing a change of contractor:

TRP requires this modification as two slots (from the limited number which TRP is permitted to stage each year) previously used for events in September of each year ('Additional Events') which had been covered under an alternative contract to that being modified, have unexpectedly become available. A three-year period will be required for TRP to a) procure an alternative event organiser to hold the Additional Events (under a sperate contract) and b) for the alternative event organiser to mobilise to start providing the Additional Events from 2025 onward (it not being technically possible to commence a new contract for the Additional Events before then). The Additional Events will be moved to July to make use of the existing infrastructure and this will accordingly reduce disruption. TRP believes that without this modification the Additional Events would otherwise not go ahead meaning that the public benefit as well as the financial benefit which ultimately accrues to TRP (which is a charity) would be lost. TRP also believes that the modification to the existing contract is not substantial. TRP therefore believes that this modification is permissible.

seven.2.3) Increase in price

Updated total contract value before the modifications (taking into account possible earlier contract modifications, price adaptions and average inflation)

Value excluding VAT: £359,410,000

Total contract value after the modifications

Value excluding VAT: £401,410,000