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TED - Tenders Electronic Daily (Publications Office of the EU) verified 22 hours ago Contract award

Ireland - Construction work - Higher Education PPP Programme - Bundle 2 ("HEB2")

Awarded Ireland Construction work

Buyer National Development Finance Agency

€935.1M awarded value · €935,147,042

Key facts

Published
Procedure
Competitive dialogue
  1. Published
  2. Awarded pending

TED - Tenders Electronic Daily (Publications Office of the EU) does not publish the date of this award. See the official notice

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Awarded to

Higher Education PPP Bundle 2 Limited, a company registered in Ireland

Awarded value
€935,147,042
Record with this buyer
1 first contract from this buyer in the register

Description

A contract is awarded for the design, build, finance, operation and maintenance of five new buildings at Higher Education Institutions in Ireland. The original Contract Notice was published under Reference Number: 2020/S 212-515207 The National Treasury Management Agency, describing itself as the National Development Finance Agency, acting as agent for and on behalf of the Minister for Further and Higher Education, Research, Innovation and Science has awarded a contract for the design, build, finance, operation and maintenance of new buildings at a number of Higher Education Institutions in Ireland. The contract was awarded on 26/06/2025 to Higher Education PPP Bundle 2 Limited, a company registered in Ireland. At the date of award, the estimated net present value of the overall contract was €595,492,374 (i.e. discounted to account for the impact of the time value of money) which corresponds to a nominal cost (i.e. the sum of cashflows including projected inflation) of €935,147,042, which includes a construction value of €378,904,535. All figures are exclusive of VAT.

Official source

Source: TED - Tenders Electronic Daily (Publications Office of the EU)

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Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 22 hours ago

What this buyer has paid before

Based on 3 comparable contracts this buyer awarded in this sector over the last 4 years.

This award
€935.1M
Median award
€1.0M
Middle half of past awards
€730,856 to €468.1M

The award is larger than three in four past awards.

Most recent awards

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

National Development Finance Agency

Ireland

notices in the register
22
awards
8
awarded in total
€936.6M

One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.

Recent awards

2 open tenders right now

Market context

open now in Construction work
28,957
median open notice
€807,686

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