Contract notice

Information

Published

Date of dispatch of this notice: 08/11/2018

Expire date: 10/12/2018

External Reference: 2018-241769

TED Reference: 2018/S 217-496502

Contract notice

Contract notice

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: Ann Healy
Internet address(es):
I.3)

Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at:  
http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=137835&B=ETENDERS_SIMPLE
Additional information can be obtained from
the abovementioned address:  
Tenders or requests to participate must be submitted
Tenders or requests to participate must be submitted
to the abovementioned address
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

Provision of Actuarial Services for the Central Bank of Ireland
Reference number:  2018P044
II.1.2)

Main CPV code

66519600  -  Actuarial services
II.1.3)

Type of contract

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)

Description

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.
II.2.5)

Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)

Estimated value

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

Section III: Legal, economic, financial and technical information

III.1)

Conditions for participation

III.1.2)

Economic and financial standing

Selection criteria as stated in the procurement documents
III.1.3)

Technical and professional ability

Selection criteria as stated in the procurement documents
III.2)

Conditions related to the contract

III.2.3)

Information about staff responsible for the performance of the contract

Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract

Section IV: Procedure

IV.1)

Description

IV.1.1)

Type of procedure

Open procedure
IV.1.3)

Information about a framework agreement or a dynamic purchasing system

The procurement involves the establishment of a framework agreement
Framework agreement with several operators
Envisaged maximum number of participants to the framework agreement:  10
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.2.2)

Time limit for receipt of tenders or requests to participate

Date:  10/12/2018
Local time:  12:00
IV.2.4)

Languages in which tenders or requests to participate may be submitted

English
IV.2.6)

Minimum time frame during which the tenderer must maintain the tender

Duration in months : 6  (from the date stated for receipt of tender)
IV.2.7)

Conditions for opening of tenders

Date:  10/12/2018
Local time:  12:00

Section VI: Complementary information

VI.1)

Information about recurrence

This is a recurrent procurement:  yes
Estimated timing for further notices to be published:  
2023
VI.3)

Additional information

All information relating to the tender is published on www.etenders.gov.ie only RFT ID: 142202
VI.4)

Procedures for review

VI.4.1)

Review body

High Court
Dublin
IE