Contract award notice

Information

Published

Date of dispatch of this notice: 13/12/2023

External Reference: 2023-251211

TED Reference: 2023/S 243-763768

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: Deirdre Curtis
Telephone: +353 12244028
NUTS code:  IE061 -  Dublin
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

A contract for the provision of equity investment services for the Central Bank of Ireland
Reference number:  2022P012 - Equity Investment
II.1.2)

Main CPV code

66140000  -  Portfolio management services
II.1.3)

Type of contract

Services
II.1.4)

Short description

A contract to appoint an investment manager to provide investment management services in respect of the Central Bank’s portfolio of equities.
II.1.6)

Information about lots

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

Total value of the procurement

Value excluding VAT:  10000000.00  EUR
II.2)

Description

II.2.2)

Additional CPV code(s)

66150000  -  Financial markets administration services
II.2.3)

Place of performance

NUTS code:  IE061 -  Dublin
Main site or place of performance:  
North Wall Quay, Dublin 1
II.2.4)

Description of the procurement

A contract to appoint an investment manager to provide investment management services in respect of the Central Bank’s portfolio of equities.
II.2.5)

Award criteria

Criteria below
Quality criterion  -  Name:  Equity Investment Services  /  Weighting:  200
Quality criterion  -  Name:  Sustainable Investment Services  /  Weighting:  100
Quality criterion  -  Name:  Operational Processes  /  Weighting:  100
Quality criterion  -  Name:  Process Confirmations  /  Weighting:  Pass/Fail
Quality criterion  -  Name:  Investment Team Bio Document  /  Weighting:  150
Quality criterion  -  Name:  Key Person Risk Policy  /  Weighting:  50
Quality criterion  -  Name:  Performance Monitoring and Reporting  /  Weighting:  40
Quality criterion  -  Name:  Risk Management  /  Weighting:  60
Price  -  Weighting:  300
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

Having regard to the nature of the Central Bank’s requirements, the contract value identified in this notice represents the Central Bank’s best estimate at the time of award rather than a fixed value. The final value of the contract may be higher or lower than the estimated figure.

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 228-654333

Section V: Award of contract

Contract No: 1

Title: A contract for the provision of equity investment services for the Central Bank of Ireland

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

Award of contract

V.2.1)

Date of conclusion of the contract

23/11/2023
V.2.2)

Information about tenders

Number of tenders received:  6
Number of tenders received from SMEs:  0
Number of tenders received from tenderers from other EU Member States:  1
Number of tenders received from tenderers from non-EU Member States:  1
Number of tenders received by electronic means:  6
The contract has been awarded to a group of economic operators :  no
V.2.3)

Name and address of the contractor

UBS Asset Management (UK) Ltd
01546400
5 Broadgate, London, EC2M 2QS, United Kingdom
London
EC2M 2QS
UK
NUTS code:  UKI31 -  Camden and City of London

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:  10000000.00  EUR
Total value of the contract/lot:  10000000.00  EUR

Section VI: Complementary information

VI.3)

Additional information

Having regard to the nature of the Central Bank’s requirements, the contract value identified in this notice represents the Central Bank’s best estimate at the time of award rather than a fixed value. The final value of the contract may be higher or lower than the estimated figure .
VI.4)

Procedures for review

VI.4.1)

Review body

High Court
Inns Quay
Dublin
Dublin 2
IE
Internet address: www.courts.ie

VI.4.3)

Review procedure

Precise information on deadline(s) for review procedures: 
Precise information on deadline(s) for review procedures:
As set out at section 7 of the European Communities (Public Authorities’ Contracts) (Review Procedures) Regulations SI 130/2010, as amended