An extension to the duration of the existing agreement for a period of 24 months and an option to extend the agreement for a further period of up to 12 months at daa’s discretion.
Reasons for modification
Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee (Art. 43(1)(c) of Directive 2014/23/EU, Art. 72(1)(c) of Directive 2014/24/EU, Art. 89(1)(c) of Directive 2014/25/EU)
Description of the circumstances which rendered the modification necessary and explanation of the unforeseen nature of these circumstances:
The existing agreement was due to expire on 30th of January 2030 but daa have deemed it necessary to extend the contract duration by two years due to the unforeseen and unprecedented circumstances that arose from the Covid-19 pandemic. The resulting economic crisis has severely damaged the aviation industry. This situation is unprecedented, unforeseen, and unavoidable. Given the ongoing travel restrictions and economic uncertainty, it is anticipated that it could take until 2025 for concession revenues to recover close to 2019 levels. An initial 24-month extension to the duration of the existing contract is intended to allow time for the market to stabilise.