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Economy · Funchal · 16 October 2026

Teixeira Duarte leads consortium with lowest price bid for third phase of Madeira's new hospital

The consortium led by Teixeira Duarte submitted the lowest bid for the third phase of the Central and University Hospital of Madeira.

Teixeira Duarte leads consortium with lowest price bid for third phase of Madeira's new hospital

The third phase of the construction of the Central and University Hospital of Madeira is closer to having a contractor, with the submission deadline for bids having passed.

Three consortia are competing for the project, with a base price set at 415 million euros. The consortium led by Teixeira Duarte submitted a bid of 353,954,417.30 euros, the lowest among the three.

The award criterion is the most economically advantageous offer, with price accounting for 70% of the score and technical value for 30%. Teixeira Duarte's proposal represents a reduction of approximately 61 million euros from the base price.

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