The final envelopes were opened this morning. These revealed the financial offers being made by the two remaining bidders - Meliá and Barceló Eventos Empresariales (i.e. the Barceló hotel group). The financial element represented 80% of the scoring procedure for arriving at the winning bid. A minimum annual rent of 1,558,000 euros had been set in the tender specifications along with a minimum 5% variable related to turnover.
The actual bids were higher. Meliá offered 2,150,000 euros annual rent plus 5.5% of turnover, while Barceló's bid was for two million euros plus 5.1%. The award is for 15 years with a possible three-year extension. Meliá will need to ensure that the Palacio is operational by March next year.
A third bidder, Hotusa, was disqualified at the first round of the three offer presentations for not having observed secrecy rules.
Barceló has therefore failed in its attempt to operate the Palacio, having been the winner of the original bid. That was annulled last year owing to what a report by the University of the Balearic Islands said had been "irregularities" with the procedure.
2 comments
To be able to write a comment, you have to be registered and logged in
Andy, If you ask me, the stuffed envelopes will be going the oposite way that you are suggesting.
Were the envelopes brown and stuffed with cash?