II.1)
Scope of the procurement
Provision of Actuarial Services for the Central Bank of Ireland
Reference number:
2018P044
66519600
-
Actuarial services
Services
II.1.4)
Short description
The Central Bank is establishing a multi-party framework agreement for the provision of actuarial expertise and assistance to the Central Bank across a range of areas including; undertaking assessments, reviews, inspections or audits of pricing, product development, reserving, claims analysis, risk mitigation techniques (reinsurance and hedging), and investment strategies (‘Specific Exercises’) of (re)insurance undertakings regulated by the Central Bank and to report on (as required) their findings.
II.1.5)
Estimated total value
Value excluding VAT: 1200000.00
EUR
II.1.6)
Information about lots
This contract is divided into lots:
no
II.2.2)
Additional CPV code(s)
66000000
-
Financial and insurance services
66510000
-
Insurance services
66519000
-
Engineering, auxiliary, average, loss, actuarial and salvage insurance services
66519310
-
Insurance consultancy services
II.2.3)
Place of performance
Main site or place of performance:
Dublin
II.2.4)
Description of the procurement
The Central Bank is establishing a multi-party framework agreement for the provision of actuarial expertise and assistance to the Central Bank across a range of areas including; undertaking assessments, reviews, inspections or audits of pricing, product development, reserving, claims analysis, risk mitigation techniques (reinsurance and hedging), and investment strategies (‘Specific Exercises’) of (re)insurance undertakings regulated by the Central Bank and to report on (as required) their findings.
Price is not the only award criterion and all criteria are stated only in the procurement documents
Value excluding VAT: 1200000.00
EUR
II.2.7)
Duration of the contract, framework agreement or dynamic purchasing system
Duration in months:
48
This contract is subject to renewal:
yes
Description of renewals:
Any Framework Agreement that may result from this Competition will be issued for a term of two (2) years (“Term”). The Central Bank may extend the Term on the same terms and conditions for a period or periods of up to twelve (12) months with a maximum of twenty four (24) months.
Renewal will be at the end of the term of the framework agreement that results from this competition.
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
II.2.14)
Additional information
All information relating to the tender will be published on
www.etenders.gov.ie only RFT ID: 142202