ETENDERS

Contract award notice

Information

Published

Date of dispatch of this notice: 06/02/2017

External Reference: 2017-833125

TED Reference: 2017/S 027-048012

Contract award notice

Cached Version

Contract award notice

Results of the procurement procedure

Directive 2014/24/EU

Section I: Contracting authority

I.1)

Name and addresses

Department of Social Protection
N/A
Áras Mhic Dhiarmada, Store Street
Dublin 1
IE
IE
Contact person: Pat Lynch
Telephone: +535 17043712
E-mail: pat.lynch@welfare.ie
NUTS code:  IE -  IRELAND
Internet address(es):
Main address: http://www.welfare.ie
Address of the buyer profile: https://irl.eu-supply.com/ctm/Company/CompanyInformation/Index/349

I.4)

Type of the contracting authority

Ministry or any other national or federal authority, including their regional or local subdivisions
I.5)

Main activity

Social protection

Section II: Object

II.1)

Scope of the procurement

II.1.1)

Title

The provision of an Actuarial Review of the Social Insurance Fund as at 31 December 2015
II.1.2)

Main CPV code

66000000  -  Financial and insurance services
II.1.3)

Type of contract

Services
II.1.4)

Short description

The successful tenderer will carry out an actuarial review of the financial condition of the Social Insurance Fund (SIF) as at 31 December 2015. This review will provide an actuarially-based assessment of the future "health" and sustainability of the SIF. In particular, it will examine the impacts of the various changes to pension payment rates based on contribution averages, limitation of benefit duration etc. in order to better inform future expenditure.
II.1.6)

Information about lots

This contract is divided into lots: no
II.1.7)

Total value of the procurement

Value excluding VAT:  195000.00  EUR
II.2)

Description

II.2.2)

Additional CPV code(s)

66000000  -  Financial and insurance services
II.2.3)

Place of performance

NUTS code:  IE -  IRELAND
II.2.4)

Description of the procurement

The successful tenderer will carry out an actuarial review of the financial condition of the Social Insurance Fund (SIF) as at 31 December 2015. This review will provide an actuarially-based assessment of the future "health" and sustainability of the SIF. In particular, it will examine the impacts of the various changes to pension payment rates based on contribution averages, limitation of benefit duration etc. in order to better inform future expenditure.
II.2.5)

Award criteria

Criteria below
Quality criterion  -  Name:  Actuarial Review and Accrued to Date Liability Analysis  /  Weighting:  40
Quality criterion  -  Name:  Model  /  Weighting:  20
Quality criterion  -  Name:  Project Management  /  Weighting:  10
Price  -  Weighting:  30
II.2.11)

Information about options

Options: no
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

See 4.7.2: The final report of the Review, inclusive of the analysis of accrued-to-date contributory pension liabilities (4.3.6), must be submitted to the Steering Committee by the last working day of March 2017. The entire work to be undertaken by the successful tenderer must be completed by Q1 2018.

Section IV: Procedure

IV.1)

Description

IV.1.1)

Type of procedure

Open procedure
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

Notice number in the OJ S: 2016/S 211-384145

Section V: Award of contract

Contract No: 642

Lot No: 1

Title: The provision of an Actuarial Review of the Social Insurance Fund as at 31 December 2015

A contract/lot is awarded: yes
V.2)

Award of contract

V.2.1)

Date of conclusion of the contract

27/01/2017
V.2.2)

Information about tenders

Number of tenders received:  4
Number of tenders received by electronic means:  4
The contract has been awarded to a group of economic operators :  no
V.2.3)

Name and address of the contractor

KPMG
9F54042G
Stokes Place
Dublin
Dublin 2
IE
Telephone: +353 0876266600
E-mail: veronica.duffy@kpmg.ie
NUTS code:  IE -  IRELAND
Internet address: http://www.kpmg.ie

The contractor is an SME : no
V.2.4)

Information on value of the contract/lot (excluding VAT)

Initial estimated total value of the contract/lot:  195000.00  EUR
Total value of the contract/lot:  195000.00  EUR

Section VI: Complementary information

VI.4)

Procedures for review

VI.4.1)

Review body

High Court
Four Courts, Inns Quay
Dublin 7
IE
Telephone: +353 18886000

VI.5)

Date of dispatch of this notice

06/02/2017