Prudential Capital Assessment Review (PCAR)
Central Bank of Ireland
In November 2011 the Government of Ireland agreed a programme of support with the EU, IMF and ECB (the “Troika”) which is to cover the years 2011 to 2013. Under the terms of this programme, the Central Bank was mandated to carry out an annual review of the national banking sector, the first of which took place in H1 2011. Further details on the support programme may be found here:
http://www.finance.gov.ie/documents/publications/reports/2011/euimfrevised.pdf.
The reviews take two parts: 1) stress testing: a forecast of future loan losses, their impact upon the capital adequacy of the banks and calculation of the required capital injection to ensure the banks’ meet the agreed minimum capital standards; and 2) deleveraging: a reduction of the size of the banks’ balance sheet and the establishment of a sustainable national banking sector. The output from the 2011 review may be found here:
http://www.centralbank.ie/regulation/industry-sectors/credit-institutions/Documents/The%20Financial%20Measures%20Programme%20Report.pdf.
NOTE: To register your interest in this notice and obtain any additional information please visit the eTenders Web Site at http://www.etenders.gov.ie/Search/Search_Switch.aspx?ID=291032.
The time limit for receipt of tenders was 2011-09-26. The procurement was published on 2011-08-17.
SuppliersThe following suppliers are mentioned in award decisions or other procurement documents:
- • Alvarez And Marsal
- • Blackrock
- • Boston Consulting Group
- • Ernst & Young
- • Imprima (United Kingdom) Limited
- • Mckinsey & Co Inc. Ireland
- • Oliver Wyman
- • Oliver Wyman Financial Services
- • Pimco Europe Ltd.
- • Business and management consultancy services › Financial management consultancy services
- • Computer-related management services › Document management services
- • Document management software package › Document management system
- • Financial consultancy, financial transaction processing and clearing-house services › Financial consultancy services
- • Financial markets administration services › Financial market operational services
- • Financial markets administration services › Financial market regulatory services
Procurement history
| Date | Document |
|---|---|
| 2011-08-17 | Contract notice |
| 2012-03-27 | Contract award notice |
| 2012-03-28 | Voluntary ex ante transparency notice |
| 2012-04-03 | Additional information |
Contract notice (2011-08-17)
Object
Scope of the procurement
Title: IT services: consulting, software development, Internet and support
Notice metadata
Original language: English 🗣️
Document type: Contract notice
Nature of contract: Services
Regulation: European Union, with participation of GPA countries
Common procurement vocabulary (CPV)
Code: IT services: consulting, software development, Internet and support 📦
Procedure
Procedure type: Open procedure
Type of bid: Submission for one or more lots
Award criteria
The most economic tender
Contracting authority
Identity
Country: Ireland 🇮🇪
Awarding authority type: Body governed by public law
Postal address: PO Box 559, Dame Street
Postal town: Dublin 2
Contact
Internet address: http://www.centralbank.ie 🌏
Phone: +353 12246000 📞
Fax: +353 16716561 📠
Reference
Dates
Date dispatched: 2011-08-17 📅
Submission deadline: 2011-09-26 📅
Publication date: 2011-08-24 📅
Identifiers
Notice number: 2011/S 161-266037
OJ-S issue: 161
Additional information
(ET Ref:291032).
Object
Scope of the procurement
Short description:
Lot number: 1
Title of the lot: Credit Analysis
Short description:
Quantity or scope: Loan loss forecasting, Asset quality reviews (credit ratings, collateral valuation, etc.), Data Integrity Validation. Primary function will be to forecast loan losses based on information extracts provided by the banks or as designed for the banks to deliver.
Lot number: 2
Title of the lot: Shared Information Services
Short description:
Quantity or scope: To provide a means by which internal and external parties may share information securely. There should be strong and well defined user control features, file version control and full audit trails for all interactions with the system. The service should permit the sharing of all forms of electronic files.
Lot number: 3
Title of the lot: Market Advisory Services
Short description:
Quantity or scope: It is envisaged that an advisor would provide expertise in review the banks’ deleveraging plans and deleveraging haircuts, progress to date and identify the mechanisms and legal structures necessary to achieve the deliverables set out in the Financial Measures Programme.
Lot number: 4
Title of the lot: General Financial Advisory Services
Short description:
Place of performance
Main site or place of performance: Dublin.
Legal, economic, financial and technical information
Conditions for participation
Suitability to pursue the professional activity: Please see the Invitation to Tender document for further informmation.
Minimum level(s) of standards: Please see the Invitation to Tender document for further informmation.
Procedure
Maximum number of operators of the framework agreement: 20
Duration of the framework agreement in years: 4
Languages
Language: English 🗣️
Irish 🗣️
Contracting authority
Identity
Awarding authority name: Central Bank of Ireland
Contact
Contact point: Procurement
Address of the buyer profile: http://www.etenders.gov.ie/search/Search_AuthProfile.aspx?ID=AA05011 🌏
Name: Central Bank of Ireland
URL for further information: http://www.centralbank.ie 🌏
Contact point: eTenders
URL for documents: http://www.etenders.gov.ie 🌏
URL for participation: http://www.centralbank.ie 🌏
Source: OJS 2011/S 161-266037 (2011-08-17)
Object
Scope of the procurement
Title: IT services: consulting, software development, Internet and support
Notice metadata
Original language: English 🗣️
Document type: Contract notice
Nature of contract: Services
Regulation: European Union, with participation of GPA countries
Common procurement vocabulary (CPV)
Code: IT services: consulting, software development, Internet and support 📦
Procedure
Procedure type: Open procedure
Type of bid: Submission for one or more lots
Award criteria
The most economic tender
Contracting authority
Identity
Country: Ireland 🇮🇪
Awarding authority type: Body governed by public law
Postal address: PO Box 559, Dame Street
Postal town: Dublin 2
Contact
Internet address: http://www.centralbank.ie 🌏
Phone: +353 12246000 📞
Fax: +353 16716561 📠
Reference
Dates
Date dispatched: 2011-08-17 📅
Submission deadline: 2011-09-26 📅
Publication date: 2011-08-24 📅
Identifiers
Notice number: 2011/S 161-266037
OJ-S issue: 161
Additional information
(ET Ref:291032).
Object
Scope of the procurement
Short description:
In November 2011 the Government of Ireland agreed a programme of support with the EU, IMF and ECB (the “Troika”) which is to cover the years 2011 to 2013. Under the terms of this programme, the Central Bank was mandated to carry out an annual review of the national banking sector, the first of which took place in H1 2011. Further details on the support programme may be found here:
Show more
The reviews take two parts: 1) stress testing: a forecast of future loan losses, their impact upon the capital adequacy of the banks and calculation of the required capital injection to ensure the banks’ meet the agreed minimum capital standards; and 2) deleveraging: a reduction of the size of the banks’ balance sheet and the establishment of a sustainable national banking sector. The output from the 2011 review may be found here:
Show more
NOTE: To register your interest in this notice and obtain any additional information please visit the eTenders Web Site at http://www.etenders.gov.ie/Search/Search_Switch.aspx?ID=291032.
The awarding authority has indicated that it will accept electronic responses to this notice via a 'Tender Submission Postbox' facility. Further details of this facility are available at http://www.etenders.gov.ie/PostBox/Postbox_Explain.aspx?ID=291032.
Show more
Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems. The postbox closes precisely at the time stated.
Title of the lot: Credit Analysis
Short description:
Loan loss forecasting, Asset quality reviews (credit ratings, collateral valuation, etc.), Data Integrity Validation. Primary function will be to forecast loan losses based on information extracts provided by the banks or as designed for the banks to deliver.
Show more
Lot number: 2
Title of the lot: Shared Information Services
Short description:
To provide a means by which internal and external parties may share information securely. There should be strong and well defined user control features, file version control and full audit trails for all interactions with the system. The service should permit the sharing of all forms of electronic files.
Show more
Lot number: 3
Title of the lot: Market Advisory Services
Short description:
It is envisaged that an advisor would provide expertise in review the banks’ deleveraging plans and deleveraging haircuts, progress to date and identify the mechanisms and legal structures necessary to achieve the deliverables set out in the Financial Measures Programme.
Show more
Lot number: 4
Title of the lot: General Financial Advisory Services
Short description:
Provide support pertaining to the implementation of the stress test. Primary tasks include project management, document drafting, independent assessments, workshops, research, etc.
Quantity or scope: Provide support pertaining to the implementation of the stress test. Primary tasks include project management, document drafting, independent assessments, workshops, research, etc.
Place of performance
Main site or place of performance: Dublin.
Legal, economic, financial and technical information
Conditions for participation
Suitability to pursue the professional activity: Please see the Invitation to Tender document for further informmation.
Minimum level(s) of standards: Please see the Invitation to Tender document for further informmation.
Procedure
Maximum number of operators of the framework agreement: 20
Duration of the framework agreement in years: 4
Languages
Language: English 🗣️
Irish 🗣️
Contracting authority
Identity
Awarding authority name: Central Bank of Ireland
Contact
Contact point: Procurement
Address of the buyer profile: http://www.etenders.gov.ie/search/Search_AuthProfile.aspx?ID=AA05011 🌏
Name: Central Bank of Ireland
URL for further information: http://www.centralbank.ie 🌏
Contact point: eTenders
URL for documents: http://www.etenders.gov.ie 🌏
URL for participation: http://www.centralbank.ie 🌏
Source: OJS 2011/S 161-266037 (2011-08-17)
Contract award notice (2012-03-27)
Object
Notice metadata
Document type: Contract award notice
Procedure
Type of bid: Not applicable
Reference
Dates
Date dispatched: 2012-03-27 📅
Publication date: 2012-03-31 📅
Identifiers
Notice number: 2012/S 64-103312
Refers to notice: 2011/S 161-266037
OJ-S issue: 64
Additional information
(ET Ref:402452).
Procedure
Award criteria
Criterion: 1. Understanding and meeting our business needs (1500)
2. Details of relevant contracts including past experience (2000)
3. Proposed methodology (1500)
4. Single firm providing all the services or demonstrating strong ability to lead and manage a group of suitably experienced firms (1500)
5. Details of the proposed Team (i.e. CV’s) and assessment at interview (1000)
6. Details of back-up and support (1000)
7. Cost (1500)
Award of contract
1️⃣
Date of contract conclusion: 2012-02-06 📅
Name: Blackrock
Postal address: 55 East 52Nd Street, Fma Advisory - 14Th Fl
Postal town: New York, Ny
Postal code: 10055
Country: United States 🇺🇸
2️⃣
Name: Alvarez And Marsal
Postal address: 1 Canada Square, 10Th Floor, Canary Wharf
Postal town: London
Postal code: E14 5AA
Country: United Kingdom 🇬🇧
3️⃣
Name: Oliver Wyman
Postal address: 55 Baker Street
Postal code: W1U 8EW
Internet address: www.oliverwyman.com 🌏
4️⃣
Name: Pimco Europe Ltd.
Postal address: 103 Wigmore Street
Postal code: W1U 1QS
5️⃣
Name: Ernst & Young
Postal address: Harcourt Building
Postal town: Dublin
Country: Ireland 🇮🇪
6️⃣
Name: Boston Consulting Group
Postal address: 20 Manchester Square
Postal code: W1U 3AN
7️⃣
Name: Oliver Wyman Financial Services
8️⃣
Name: Mckinsey & Co Inc. Ireland
Postal address: 80 Harcourt Street
Postal town: Dublin 2
Internet address: www.mckinsey.com 🌏
9️⃣
1️⃣0️⃣
Information about tenders
Number of tenders received: 5
7
Source: OJS 2012/S 064-103312 (2012-03-27)
Object
Notice metadata
Document type: Contract award notice
Procedure
Type of bid: Not applicable
Reference
Dates
Date dispatched: 2012-03-27 📅
Publication date: 2012-03-31 📅
Identifiers
Notice number: 2012/S 64-103312
Refers to notice: 2011/S 161-266037
OJ-S issue: 64
Additional information
(ET Ref:402452).
Procedure
Award criteria
Criterion: 1. Understanding and meeting our business needs (1500)
2. Details of relevant contracts including past experience (2000)
3. Proposed methodology (1500)
4. Single firm providing all the services or demonstrating strong ability to lead and manage a group of suitably experienced firms (1500)
5. Details of the proposed Team (i.e. CV’s) and assessment at interview (1000)
6. Details of back-up and support (1000)
7. Cost (1500)
Award of contract
1️⃣
Date of contract conclusion: 2012-02-06 📅
Name: Blackrock
Postal address: 55 East 52Nd Street, Fma Advisory - 14Th Fl
Postal town: New York, Ny
Postal code: 10055
Country: United States 🇺🇸
2️⃣
Name: Alvarez And Marsal
Postal address: 1 Canada Square, 10Th Floor, Canary Wharf
Postal town: London
Postal code: E14 5AA
Country: United Kingdom 🇬🇧
3️⃣
Name: Oliver Wyman
Postal address: 55 Baker Street
Postal code: W1U 8EW
Internet address: www.oliverwyman.com 🌏
4️⃣
Name: Pimco Europe Ltd.
Postal address: 103 Wigmore Street
Postal code: W1U 1QS
5️⃣
Name: Ernst & Young
Postal address: Harcourt Building
Postal town: Dublin
Country: Ireland 🇮🇪
6️⃣
Name: Boston Consulting Group
Postal address: 20 Manchester Square
Postal code: W1U 3AN
7️⃣
Name: Oliver Wyman Financial Services
8️⃣
Name: Mckinsey & Co Inc. Ireland
Postal address: 80 Harcourt Street
Postal town: Dublin 2
Internet address: www.mckinsey.com 🌏
9️⃣
1️⃣0️⃣
Information about tenders
Number of tenders received: 5
7
Source: OJS 2012/S 064-103312 (2012-03-27)
Voluntary ex ante transparency notice (2012-03-28)
Object
Notice metadata
Document type: Voluntary ex ante transparency notice
Procedure
Procedure type: Negotiated procedure without a call for competition
Award criteria
Not specified
Contracting authority
Identity
Postal address: PO box 559, Dame Street
Contact
Phone: +353 12246410 📞
Reference
Dates
Date dispatched: 2012-03-28 📅
Identifiers
Notice number: 2012/S 64-103486
Additional information
(ET Ref:404272).
Award of contract
Name: Imprima (United Kingdom) Limited
Postal address: City Place House, 55 Basinghall Street
Postal code: EC2V 5EH
Source: OJS 2012/S 064-103486 (2012-03-28)
Object
Notice metadata
Document type: Voluntary ex ante transparency notice
Procedure
Procedure type: Negotiated procedure without a call for competition
Award criteria
Not specified
Contracting authority
Identity
Postal address: PO box 559, Dame Street
Contact
Phone: +353 12246410 📞
Reference
Dates
Date dispatched: 2012-03-28 📅
Identifiers
Notice number: 2012/S 64-103486
Additional information
(ET Ref:404272).
Award of contract
Name: Imprima (United Kingdom) Limited
Postal address: City Place House, 55 Basinghall Street
Postal code: EC2V 5EH
Source: OJS 2012/S 064-103486 (2012-03-28)
Additional information (2012-04-03)
Object
Notice metadata
Document type: Additional information
Reference
Dates
Date dispatched: 2012-04-03 📅
Publication date: 2012-04-05 📅
Identifiers
Notice number: 2012/S 67-108632
Refers to notice: 2012/S 64-103312
OJ-S issue: 67
Source: OJS 2012/S 067-108632 (2012-04-03)
Object
Notice metadata
Document type: Additional information
Reference
Dates
Date dispatched: 2012-04-03 📅
Publication date: 2012-04-05 📅
Identifiers
Notice number: 2012/S 67-108632
Refers to notice: 2012/S 64-103312
OJ-S issue: 67
Source: OJS 2012/S 067-108632 (2012-04-03)
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