II.1)
Scope of the procurement
CONTRACT FOR THE PROVISION OF PENSION ADMINISTRATION AND CONSULTANCY SERVICES – DB SCHEME TO HORSE RACING IRELAND AND SUBSIDIARIES
Reference number:
PENSION ADMINISTRATION DB SCHEME
66520000
-
Pension services
Services
II.1.4)
Short description
Horse Racing Ireland (HRI) was established by the Irish Government under the Horse and Greyhound Racing Act 2001 and the Irish Horseracing Industry Act 1994. It is a commercial semi-state body that is responsible for the administration, promotion and development of Horse Racing in Ireland. The Contracting Authority is employing the open procedure to award this contract. In accordance with the provisions governing the conduct of the open procedure, any interested economic operator may tender for appointment as the successful tenderer.
Horse Racing Ireland and Subsidiaries require the full range of Pension Administration and Consultancy services, as follows:
(a) Pension Administrative Services
(b) Actuarial Services
(c) Consultancy Services
(d) Investment Management Services
(e) Legal & Documentation Services
Please refer to the attached Invitation to Tender document for a detailed description of requirements
II.1.6)
Information about lots
This contract is divided into lots:
no
II.1.7)
Total value of the procurement
Value excluding VAT:
600000.00
EUR
II.2.2)
Additional CPV code(s)
66131100
-
Pension investment services
66141000
-
Pension fund management services
66500000
-
Insurance and pension services
66522000
-
Group pension services
66523100
-
Pension fund administration services
II.2.3)
Place of performance
Main site or place of performance:
Newbridge, Co. Kildare
II.2.4)
Description of the procurement
Horse Racing Ireland (HRI) was established by the Irish Government under the Horse and Greyhound Racing Act 2001 and the Irish Horseracing Industry Act 1994. It is a commercial semi-state body that is responsible for the administration, promotion and development of Horse Racing in Ireland. HRI subsidiaries include Irish Thoroughbred Marketing Ltd (ITM), Tote Ireland Ltd and HRI Racecourse Division consisting of Leopardstown Racecourse, Fairyhouse Racecourse, Navan Racecourse, Tipperary Racecourse and Leopardstown Golf Centre. HRI Headquarters are located in Ballymany, Newbridge, Co Kildare.
The Contracting Authority is employing the open procedure to award this contract. In accordance with the provisions governing the conduct of the open procedure, any interested economic operator may tender for appointment as the successful tenderer.
Horse Racing Ireland and Subsidiaries require the full range of Pension Administration and Consultancy services, as follows:
(a) Pension Administrative Services
(b) Actuarial Services
(c) Consultancy Services
(d) Investment Management Services
(e) Legal & Documentation Services
The Scheme, which operates on a defined benefit basis, was established in 2007 to provide retirement and life assurance benefits for its members and is a distinct legal entity, separate in every respect from the principle employer; Horse Racing Ireland. The Scheme was established as a result of a merger between two Schemes – the Turf Club Scheme and the Racing Regulatory Board pension Scheme.
Please refer to the attached Invitation to Tender document for a detailed description of requirements
Criteria below
Quality criterion
-
Name:
Proposed Methodology for Service Delivery
/
Weighting:
25
Quality criterion
-
Name:
Technical Merit of the Resources Proposed
/
Weighting:
20
Quality criterion
-
Name:
Contract Management
/
Weighting:
10
Quality criterion
-
Name:
Reliability and Continuity of Service
/
Weighting:
5
Price
-
Weighting:
40
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