II.1)
Scope of the procurement
Pensions Administration Service
Reference number:
HR/2019/10
66520000
-
Pension services
Services
II.1.4)
Short description
Fáilte Ireland intends to appoint a supplier to provide a Pensions Administration Service. This service comprises;
• Administration of the Schemes operated by Fáilte Ireland
• Preparing and setting out the required content of the financial statements, valuation basis for scheme assets and treatment of liabilities in line with FRS102.
• Transition the scheme data from the current service provider’s pension administration system and Fáilte Ireland’s IT system (CORE HR) to the Tenderer’s pension administration system
• Assist with the transition of the services at the contract conclusion.
• Ongoing relationship and contract management
A detailed list of the services required is outlined in the tender documents. During the course of discharging the duties, the successful Tenderer must ensure that all schemes comply with all statutory and regulatory requirements.
II.1.5)
Estimated total value
Value excluding VAT: 625000.00
EUR
II.1.6)
Information about lots
This contract is divided into lots:
no
II.2.2)
Additional CPV code(s)
66500000
-
Insurance and pension services
66523100
-
Pension fund administration services
II.2.3)
Place of performance
Main site or place of performance:
Ireland
II.2.4)
Description of the procurement
Fáilte Ireland intends to appoint a supplier to provide a Pensions Administration Service. This service comprises;
• Administration of the Schemes operated by Fáilte Ireland
• Preparing and setting out the required content of the financial statements, valuation basis for scheme assets and treatment of liabilities in line with FRS102.
• Transition the scheme data from the current service provider’s pension administration system and Fáilte Ireland’s IT system (CORE HR) to the Tenderer’s pension administration system
• Assist with the transition of the services at the contract conclusion.
• Ongoing relationship and contract management
A detailed list of the services required is outlined in the tender documents. During the course of discharging the duties, the successful Tenderer must ensure that all schemes comply with all statutory and regulatory requirements.
The Pensions Administration Service will be an outsourced service model, providing quality pension services to Fáilte Ireland, its staff, deferred members and pensioners.
Note: Fáilte Ireland pays all pensions in payment. It is envisaged that this role will remain unchanged.
Price is not the only award criterion and all criteria are stated only in the procurement documents
Value excluding VAT: 625000.00
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.2.10)
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