Date of dispatch of this notice: 31/05/2022
External Reference: 2022-282407
TED Reference: 2022/S 107-301531
Contract award notice
Information
Published
Contract award notice
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
College Road
Sligo
IE
IE
Contact person:
Alan McGettigan
Telephone:
+353 719148367
E-mail:
Alan.McGettigan@welfare.ie
NUTS code:
IE -
IRELAND
Main address:
https://www.gov.ie/en/organisation/department-of-employment-affairs-and-social-protection/
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 2020
Reference number:
1076
II.1.2)
Main CPV code
66519600
-
Actuarial 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 2020. 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 potential changes to pension payment rates based on contribution averages, limitation of benefit duration etc. in order to better inform future expenditure. In addition, the Tenderer will be required to model options and recommendations from the report from the Commission on Pensions.
Further actuarial resources will be required at a later date with the Contracting Authority to deal with the analysis of other policy requirements as they arise.
Further actuarial resources will be required at a later date with the Contracting Authority to deal with the analysis of other policy requirements as they arise.
II.1.6)
Information about lots
This contract is divided into lots:
no
II.1.7)
Total value of the procurement
Value excluding VAT:
329440.00
EUR
II.2)
Description
II.2.2)
Additional CPV code(s)
66000000
-
Financial and insurance services
66171000
-
Financial consultancy services
66500000
-
Insurance and pension services
66510000
-
Insurance services
II.2.3)
Place of performance
NUTS code:
IE -
IRELAND
Main site or place of performance:
Dublin
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 2020. 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 potential changes to pension payment rates based on contribution averages, limitation of benefit duration etc. in order to better inform future expenditure. In addition, the Tenderer will be required to model options and recommendations from the report from the Commission on Pensions.
Further actuarial resources will be required at a later date with the Contracting Authority to deal with the analysis of other policy requirements as they arise.
Further actuarial resources will be required at a later date with the Contracting Authority to deal with the analysis of other policy requirements as they arise.
II.2.5)
Award criteria
Criteria below
Quality criterion
-
Name:
ACTUARIAL REVIEW
/
Weighting:
60%
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
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
: no
IV.2)
Administrative information
IV.2.1)
Previous publication concerning this procedure
Notice number in the OJ S: 2022/S 008-015804
Section V: Award of contract
Contract No: 1
Title: The provision of an Actuarial Review of the Social Insurance Fund as at 31 December 2020
V.2)
Award of contract
V.2.1)
Date of conclusion of the contract
12/05/2022
V.2.2)
Information about tenders
Number of tenders received:
2
Number of tenders received by electronic means:
2
The contract has been awarded to a group of economic operators
:
noV.2.3)
Name and address of the contractor
KPMG
9F54042G
1 Stokes Place
Dublin
St Stephen's Green
IE
Telephone:
+353 4101468
E-mail:
gerard.reilly@kpmg.ie
Fax:
+353 4121468
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:
329440.00
EUR
Total value of the contract/lot:
329440.00
EUR
Section VI: Complementary information
VI.3)
Additional information
Estimated value is best estimate at time of tender and may be subject to change
VI.4)
Procedures for review
VI.4.1)
Review body
High Court
Four Courts, Inns Quay
Dublin
IE
Telephone:
+353 18886000