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TED - Tenders Electronic Daily (Publications Office of the EU) verified 5 days ago Contract award

Portugal - Restructuring works - Public works contracts for the conversion and rehabilitation of buildings belonging to the IGFSS real estate portfolio

Original Portugal - Obras de reestruturação - Empreitadas de obras públicas consubstanciada em obras de reconversão e reabilitação de imóveis, pertencente ao Património Imobiliário do IGFSS

Awarded Portugal Construction work

Buyer Instituto de Gestão Financeira da Segurança Social, I.P.

€654,422 awarded value

Key facts

Awarded
Estimated value
€684,680
Procedure
Open procedure
  1. Awarded
  2. Published
View the official notice Watch this tender

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Awarded to

LSM Serviços e manutenção, LDA; Catronga & Filho - Construções LDA

Awarded value
€654,422 4% under the estimate of the same lots
Award date
Bids received
2 over 2 lots

Summary

Machine-generated summary

The Instituto de Gestão Financeira da Segurança Social, I.P. awarded public works contracts for the conversion and rehabilitation of buildings in its real estate portfolio. Lot 1 covered the rehabilitation of an urban building at Rua Fontes Pereira de Melo nº 279 in Valadares, Vila Nova de Gaia, and of an urban building at rua Conde de Serra de Tourega n.º 2 and Largo das Portas de Moura n.º 11 in Évora. The winners were LSM Serviços e manutenção, LDA and Catronga & Filho - Construções LDA. The contracts were awarded on 2024-10-22 for EUR 654,421.69, a price 4% below the EUR 684,680 estimate.

Description

Empreitadas de obras públicas consubstanciada em obras de reconversão e reabilitação de imóveis, pertencente ao Património Imobiliário do IGFSS Lote 1 - Empreitada de reabilitação de prédio urbano em Valadares VNG - Rua Fontes Pereira de Melo nº 279, Valadares - Vila Nova de Gaia; Empreitada de reabilitação de prédio urbano sito na rua Conde de Serra de Tourega n.º 2 e Largo das Portas de Moura n.º 11 em Évora

Official source

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

Always verify details on the official notice.

Report an error in this notice

Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 5 days ago

What this market pays

The buyer has too few awards of its own in this sector, so this is the range of the last 2,000 awards for Construction work in Portugal.

This award
€654,422
Estimated value
€684,680
Median award
€47,911
Middle half of past awards
€19,775 to €142,228

The award is larger than three in four past awards.

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

Instituto de Gestão Financeira da Segurança Social, I.P.

Portugal

Competition

tenders per lot on average (open and restricted procedures)
3.6
of those lots received a single tender
38%

As the official award notices state them, over the last 3 years. Tenders per lot count open and restricted procedures only: in a negotiated procedure or a direct award a single tender is the procedure itself. The country is the one the notice gives for the winner.

Recent awards

Market context

open now in Construction work
29,727
median open notice
€783,629

Who wins in this market

Many suppliers

Portugal · Construction work

different companies won awards here
2,303
of the awards went to the three most frequent winners
4%
buyers awarded contracts here
1,165

Based on 3,755 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.

Competition

tenders per lot on average (open and restricted procedures)
4.9
of those lots received a single tender
13%
of the awards went to companies based in another country
1%
of the tenders came from another country
2%

As the official award notices state them, over the last 3 years. Tenders per lot count open and restricted procedures only: in a negotiated procedure or a direct award a single tender is the procedure itself. The country is the one the notice gives for the winner.

Procedure facts

  • Each of its 2 lots received a single tender (open procedure).

Facts that procurement researchers and journalists track across public records. None of them is evidence of wrongdoing: each has ordinary explanations, such as a specialised market, an urgent need or a short list of qualified suppliers.

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