Contract award notice

Information

Published

Date of dispatch of this notice: 22/08/2023

External Reference: 2023-272835

TED Reference: 2023/S 163-511247

Contract award notice

Contract award notice

Results of the procurement procedure

Directive 2014/24/EU

Section I: Contracting authority

I.1)

Name and addresses

Central Bank of Ireland
N/A
PO Box 559
Dublin 1
New Wapping Street,
IE
Contact person: Central Bank Sourcing Team
Telephone: +353 12246000
NUTS code:  IE -  IRELAND
Internet address(es):
I.4)

Type of the contracting authority

Body governed by public law
I.5)

Main activity

Economic and financial affairs

Section II: Object

II.1)

Scope of the procurement

II.1.1)

Title

Market Surveillance System
Reference number:  2020P010
II.1.2)

Main CPV code

72000000  -  IT services: consulting, software development, Internet and support
II.1.3)

Type of contract

Services
II.1.4)

Short description

The Central Bank is seeking the provision and implementation of a Market Surveillance System inclusive of licensing, support and maintenance (together the “Solution”). The Solution will provide the Central Bank as a market regulator and supervisor with the capacity to monitor markets in financial instruments for the purpose of protecting market integrity through automated detection and follow-up analysis of possible instances of market abuse (insider dealing and market manipulation).
Please see attached documentation for more information.
II.1.6)

Information about lots

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

Total value of the procurement

Value excluding VAT:  3438504.00  EUR
II.2)

Description

II.2.2)

Additional CPV code(s)

48100000  -  Industry specific software package
48411000  -  Investment management software package
48440000  -  Financial analysis and accounting software package
48441000  -  Financial analysis software package
48442000  -  Financial systems software package
48482000  -  Business intelligence software package
48517000  -  IT software package
72000000  -  IT services: consulting, software development, Internet and support
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 Central Bank is seeking the provision and implementation of a Market Surveillance System inclusive of licensing, support and maintenance (together the “Solution”). The Solution will provide the Central Bank as a market regulator and supervisor with the capacity to monitor markets in financial instruments for the purpose of protecting market integrity through automated detection and follow-up analysis of possible instances of market abuse (insider dealing and market manipulation).
The Solution must be capable of ingesting trading and market-related data from a number of sources and perform requisite processing and analysis in order to identify, on a daily basis, potential instances of market abuse. The Solution will also provide functionality to search and interrogate data for the purpose of investigating possible market abuse, and will incorporate robust and secure record keeping and tracking characteristics. The Solution will provide the Central Bank with the capacity to generate regular and ad-hoc reports based on the data contained within it. The Solution should incorporate an efficient and intuitive user interface incorporating effective and complementary visual and graphical display options and functionality.
Please see attached documentation for more information.
II.2.5)

Award criteria

Criteria below
Quality criterion  -  Name:  FUNCTIONAL REQUIREMENTS  /  Weighting:  4500
Quality criterion  -  Name:  TECHNICAL REQUIREMENTS  /  Weighting:  3000
Quality criterion  -  Name:  IMPLEMENTATION  /  Weighting:  500
Price  -  Weighting:  2000
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 : yes
IV.2)

Administrative information

IV.2.1)

Previous publication concerning this procedure

Notice number in the OJ S: 2022/S 028-071785

Section V: Award of contract

Contract No: 1

Title: Market Surveillance System

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

Award of contract

V.2.1)

Date of conclusion of the contract

18/03/2023
V.2.2)

Information about tenders

Number of tenders received:  3
Number of tenders received from SMEs:  1
Number of tenders received from tenderers from other EU Member States:  1
Number of tenders received from tenderers from non-EU Member States:  2
Number of tenders received by electronic means:  3
The contract has been awarded to a group of economic operators :  no
V.2.3)

Name and address of the contractor

SCILA AB
556763469501
Sveavägen 17
Stockholm
11157
SE
NUTS code:  SE -  SVERIGE
Internet address: http://www.scila.se

The contractor is an SME : yes
V.2.4)

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

Initial estimated total value of the contract/lot:  3000000.00  EUR
Total value of the contract/lot:  3438504.00  EUR

Section VI: Complementary information

VI.3)

Additional information

Note that the estimated total value of the procurement as stated at II.1.7) and V.2.4) is an estimated figure only, representing estimated spend over the entire term, including an estimated figure for potential additional requirements. It represents the Central Bank’s best estimate of the anticipated total value of the contract at the date of award, but it is not possible to be definitive in this regard by virtue of the nature of the services involved.
VI.4)

Procedures for review

VI.4.1)

Review body

High Court
Four Courts
Dublin 7
IE
Telephone: +353 18886511
Fax: +353 18886125
Internet address: http://www.courts.ie/

VI.4.3)

Review procedure

Precise information on deadline(s) for review procedures: 
In accordance with Regulation 7 of the European Communities (Public Authorities' Contracts) (Review Procedures) Regulations 2010, as amended.