We introduce and study a genuine equivariant refinement of the Tate construction associated to an extension G of a finite group G by a compact Lie group K, which we call the parametrized Tate construction (−) t G K . Our main theorem establishes the coincidence of three conceptually distinct approaches to its construction when K is also finite: one via recollement theory for the K-free G-family, another via parametrized ambidexterity for G-local systems, and the last via parametrized assembly maps. We also show that (−) t G K uniquely admits the structure of a lax G-symmetric monoidal functor, thereby refining a theorem of Nikolaus and Scholze. Along the way, we apply a theorem of the second author to reprove a result of Ayala-Mazel-Gee-Rozenblyum on reconstructing a genuine G-spectrum from its geometric fixed points; our method of proof further yields a formula for the geometric fixed points of an F -complete G-spectrum for any G-family F . 4 We endow Fun G (B ψ G K, Sp G ) with the pointwise symmetric monoidal structure of Definition A.1. 5 We write this as Ψ K to distinguish it from the spectrum-valued functor of categorical K-fixed points (−) K : Sp G Sp.