SINGLE PARTY FRAMEWORK FOR THE PROVISION OF FUNDING OPPORTUNITIES CONSULTANCY SERVICES TO HORSE RACING IRELAND AND SUBSIDIARIES
Horse Racing Ireland (HRI) · Ireland
Key facts
- Estimated value
- €500,000
- Closing date
- 20 Jun 2024
- Procedure
- Open procedure (framework)
- Buyer type
- Central government
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 Racecourse Division consisting of Leopardstown Racecourse, Fairyhouse Racecourse, Navan Racecourse, Tipperary Racecourse and Leopardstown Golf Centre, as well as a holding interest in Cork Racecourse. HRI Headquarters are located in Ballymany, Newbridge, Co Kildare. While HRI is 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. Horse Racing Ireland (HRI) recently published its 2024 – 2028 Strategy Plan detailing various capital projects and operational overhauls envisaged during the lifetime of the plan. Some of the projects envisaged are significant capital investments in the areas of new Racecourse infrastructure, Sustainability, Equine Safety and Care, Education of Industry Personnel, Laboratory Services in Equine Health and Digitisation of Operations. The majority of HRI’s funding comes from Central Government and is substantially allocated annually on operational matters and minor Capital Works projects. To bolster HRI’s financial capacity to fund the projects called out in its 2024 – 2028 Strategy Plan, HRI is seeking to engage a professional service / financial consultant to act on their behalf in the scoping out and applying for funding directly from the EU’s various funds (eg ELENA, EIF, ERDF etc) as well as the management of funds drawdown from successful applications and an ongoing reporting and managing the audit / verification processes as required by 3rd party EU funding bodies and HRIs own internal governance requirements. Please see the attached document for a detailed specification.
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