II.1)
Scope of the procurement
Invitation to Tender for the provision of Deposit Guarantee Scheme support services for the Central Bank of Ireland
Reference number:
2018P081
72310000
-
Data-processing services
Services
II.1.4)
Short description
The Central Bank is responsible for the administration of the Irish Deposit Guarantee Scheme (“DGS”) which compensates depositors in the event of a credit institution failing. In the event of a liquidator being appointed to a credit institution, the Central Bank is obliged to pay compensation up to €100,000 per person per institution to depositors who are deemed eligible under the rules of the scheme within specified deadlines.
The Central Bank is seeking a business partner to provide services to support the Central Bank in the administration of the DGS.
II.1.5)
Estimated total value
Value excluding VAT: 4500000.00
EUR
II.1.6)
Information about lots
This contract is divided into lots:
no
II.2.2)
Additional CPV code(s)
66112000
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Deposit services
66122000
-
Corporate finance and venture capital services
72222100
-
Information systems or technology strategic review services
72250000
-
System and support 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 responsible for the administration of the Irish Deposit Guarantee Scheme (“DGS”) which compensates depositors in the event of a credit institution failing. In the event of a liquidator being appointed to a credit institution, the Central Bank is obliged to pay compensation up to €100,000 per person per institution to depositors who are deemed eligible under the rules of the scheme within specified deadlines.
The Central Bank is seeking a business partner to provide support services as follows:
(i) In the event of a covered bank failing and a liquidator being appointed to that institution, the DGS will be invoked. The business partner will be notified and required to immediately increase operational capability in line with the size of the failed institution and its deposit base in order to support the required level of service for a DGS compensation event.
(ii) During business as usual (BAU) the successful tenderer will:
• Run bi-annual stress tests/simulation events to prove readiness of banks to meet DGS obligations.
• Ongoing data file testing - collect and validate depositor data files from banks and provide feedback on compliance with the DGS data file specification.
• Engage in bilateral file exchange testing with other European Deposit Guarantee Schemes.
Price is not the only award criterion and all criteria are stated only in the procurement documents
Value excluding VAT: 4500000.00
EUR
II.2.7)
Duration of the contract, framework agreement or dynamic purchasing system
Duration in months:
60
This contract is subject to renewal:
yes
Description of renewals:
The Central Bank may extend the term on the same terms and conditions for a period or periods of up to twelve months with a maximum of twenty-four months.
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
See tender documents for details at www.etenders.ie RFT ID 148808