II.1)
Scope of the procurement
Establishment of a single party framework for the provision of Legal Services relating to Strategic Investments by Enterprise Ireland
Reference number:
2018/20
79100000
-
Legal services
Services
II.1.4)
Short description
The framework agreement will be established on foot of a competition for an initial contract for a period of two years for the services set out below. This contract will be awarded to the successful tenderer shortly after the formal establishment of the framework agreement.
The primary legal work associated with the initial contract is as follows:-
(i) The completion of investments by the Contracting Authority;
(ii) The completion of investments by the Contracting Authority where it is co-investing with other financial institutions;
(iii) Actions taken by the Contracting Authority as a shareholder including the provision of consent under existing shareholder agreements;
(iv) Sales of the Contracting Authority’s shares.
II.1.5)
Estimated total value
Value excluding VAT: 5000000.00
EUR
II.1.6)
Information about lots
This contract is divided into lots:
no
II.2.2)
Additional CPV code(s)
79111000
-
Legal advisory services
II.2.3)
Place of performance
NUTS code:
IE061 -
Dublin
Main site or place of performance:
Dublin 3, D03 ER56
II.2.4)
Description of the procurement
The framework agreement will be established on foot of a competition for an initial contract for a period of two years for the services set out below. This contract will be awarded to the successful tenderer shortly after the formal establishment of the framework agreement.
The Contracting Authority invites expressions of interest from competent suppliers for the provision of Legal Services relating to Strategic Investments by the Contracting Authority. This activity will be outsourced to dedicated personnel within the commercial department of a legal firm or firms, the primary legal work associated with the initial contract is as follows:-
(i) The completion of investments by the Contracting Authority using predominantly the Contracting Authority’s template agreements (estimated range 100 to 200 investments per year);
(ii) The completion of investments by the Contracting Authority where it is co-investing with other financial institutions under non-standard agreements (estimated range 10 to 30 per year);
(iii) Actions taken by the Contracting Authority as a shareholder including the provision of Enterprise Ireland consent under existing shareholder agreements to new investment rounds etc., share conversions and re-structures of investee companies (estimated range 60 to 120 matters per year);
(iv) Sales of the Contracting Authority’s shares in a company where it is the only shareholder selling its shares or where it is selling as part of an asset sale or entire sale of the company (estimated range 10 to 30 sales per year);
NOTE: The volume amounts set out above are provided strictly for indicative purposes only and are no guarantee of work to be awarded under this framework agreement.
Price is not the only award criterion and all criteria are stated only in the procurement documents
Value excluding VAT: 5000000.00
EUR
II.2.7)
Duration of the contract, framework agreement or dynamic purchasing system
Duration in months:
72
This contract is subject to renewal:
no
II.2.9)
Information about the limits on the number of candidates to be invited
Envisaged number of candidates:
5
Objective criteria for choosing the limited number of candidates:
Please consult the associated documentation, which
contains full instructions regarding the objective criteria
in respect of this competition. This can be found
on www.etenders.gov.ie RFT ID 135107
II.2.10)
Information about variants
Variants will be accepted:
no
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
Please consult the associated documentation, which
contains full instructions relating the tenders in respect of
this competition. This can be found on
www.etenders.gov.ie RFT ID 135107