Tender For The Provision Of Financial Risk Management Solutions For The Central Bank Of Ireland

Contract notice

Services

Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses
Central Bank of Ireland
N/A
PO Box 559
Dublin 1
New Wapping Street
Ireland
Contact person: Ronan Gordon
Telephone: +353 12245136
E-mail: ronan.gordon.contractor@centralbank.ie
NUTS code: IE

Internet address(es):

Main address: http://www.centralbank.ie

Address of the buyer profile: https://irl.eu-supply.com/ctm/Company/CompanyInformation/Index/329

I.2)Information about joint procurement
The contract is awarded by a central purchasing body
I.3)Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=132263&B=ETENDERS_SIMPLE
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be submitted electronically via: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=132263&B=ETENDERS_SIMPLE
Tenders or requests to participate must be submitted to the abovementioned address
I.4)Type of the contracting authority
Body governed by public law
I.5)Main activity
Economic and financial affairs

Section II: Object

II.1)Scope of the procurement
II.1.1)Title:

Tender for the provision of financial risk management solutions for the Central Bank of Ireland

Reference number: 2017P081
II.1.2)Main CPV code
66150000
II.1.3)Type of contract
Services
II.1.4)Short description:

This public procurement competition relates to the provision of Information Technology (IT) solutions to assist the Central Bank in the management of its investment portfolio and monetary policy activities.

In particular, the Central Bank requires IT solutions:

1) for measuring the Credit Risk of its holdings; and

2) for measuring the Market Risk of its investment portfolio; and

3) to assist with Strategic Asset Allocation decisions for its investment portfolio.

II.1.5)Estimated total value
Value excluding VAT: 480 000.00 EUR
II.1.6)Information about lots
This contract is divided into lots: yes
Tenders may be submitted for all lots
II.2)Description
II.2.1)Title:

Credit Risk

Lot No: 1
II.2.2)Additional CPV code(s)
48400000
48411000
48480000
66140000
66151000
66151100
66152000
79300000
79330000
II.2.3)Place of performance
NUTS code: IE
Main site or place of performance:

Dublin

II.2.4)Description of the procurement:

Credit Risk measurement IT solution

II.2.5)Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
Value excluding VAT: 1.00 EUR
II.2.7)Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 24
This contract is subject to renewal: yes
Description of renewals:

Option to extend for an additional 24 months

II.2.10)Information about variants
Variants will be accepted: no
II.2.11)Information about options
Options: no
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information
II.2)Description
II.2.1)Title:

Market Risk

Lot No: 2
II.2.2)Additional CPV code(s)
48400000
48411000
48480000
66140000
66151000
66151100
66152000
79300000
79330000
II.2.3)Place of performance
NUTS code: IE
Main site or place of performance:

Dublin

II.2.4)Description of the procurement:

Market Risk measurement IT solution.

II.2.5)Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
Value excluding VAT: 1.00 EUR
II.2.7)Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 24
This contract is subject to renewal: yes
Description of renewals:

Option to extend for a further 24 months.

II.2.10)Information about variants
Variants will be accepted: no
II.2.11)Information about options
Options: no
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information
II.2)Description
II.2.1)Title:

Strategic Asset Allocation

Lot No: 3
II.2.2)Additional CPV code(s)
48400000
48411000
48480000
66140000
66151000
66151100
66152000
79300000
79330000
II.2.3)Place of performance
NUTS code: IE
Main site or place of performance:

Dublin

II.2.4)Description of the procurement:

Strategic Asset Allocation IT solution.

II.2.5)Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
Value excluding VAT: 1.00 EUR
II.2.7)Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 24
This contract is subject to renewal: yes
Description of renewals:

Option to extend for an additional 24 months.

II.2.10)Information about variants
Variants will be accepted: no
II.2.11)Information about options
Options: no
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information

Section III: Legal, economic, financial and technical information

III.1)Conditions for participation
III.1.1)Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions:

Please refer to the ITT Document.

III.1.2)Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3)Technical and professional ability
Selection criteria as stated in the procurement documents
III.1.5)Information about reserved contracts
III.2)Conditions related to the contract
III.2.1)Information about a particular profession
III.2.2)Contract performance conditions:

Please refer to the ITT Document.

III.2.3)Information about staff responsible for the performance of the contract

Section IV: Procedure

IV.1)Description
IV.1.1)Type of procedure
Open procedure
IV.1.3)Information about a framework agreement or a dynamic purchasing system
IV.1.4)Information about reduction of the number of solutions or tenders during negotiation or dialogue
IV.1.6)Information about electronic auction
IV.1.8)Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: yes
IV.2)Administrative information
IV.2.1)Previous publication concerning this procedure
IV.2.2)Time limit for receipt of tenders or requests to participate
Date: 17/08/2018
Local time: 15:00
IV.2.3)Estimated date of dispatch of invitations to tender or to participate to selected candidates
IV.2.4)Languages in which tenders or requests to participate may be submitted:
English
IV.2.6)Minimum time frame during which the tenderer must maintain the tender
Tender must be valid until: 17/02/2019
IV.2.7)Conditions for opening of tenders
Date: 17/08/2018
Local time: 15:00

Section VI: Complementary information

VI.1)Information about recurrence
This is a recurrent procurement: no
VI.2)Information about electronic workflows
VI.3)Additional information:
VI.4)Procedures for review
VI.4.1)Review body
The High Court of Ireland
Four Courts
Dublin
1
Ireland
Telephone: +353 18560000
VI.4.2)Body responsible for mediation procedures
VI.4.3)Review procedure
VI.4.4)Service from which information about the review procedure may be obtained
VI.5)Date of dispatch of this notice:
13/07/2018