The Provision of a Credit Facility to Horse Racing Ireland

Horse Racing Ireland (HRI)

Horse Racing Ireland intends to enter into a contract with a single service provider or a suitably qualified consortium for the provision of a credit facility. The Contracting Authority requires a facility for a total sum of up to EUR 25 000 000, to be drawn down in various amounts. The precise terms of the facility and the various amounts potentially required will be discussed with selected tenderers during the negotiation phase of this competition. In general, it is envisioned that an unsecured facility will be sought and that the Contracting Authority will reserve the right to prepay without penalty.

Deadline

The time limit for receipt of tenders was 2014-09-22. The procurement was published on 2014-08-20.

Suppliers

The following suppliers are mentioned in award decisions or other procurement documents:

Who? What?
Procurement history
Date Document
2014-08-20 Contract notice
2015-07-03 Contract award notice
Contract notice (2014-08-20)
Object
Scope of the procurement
Title: Banking and investment services
Quantity or scope:
The precise term of the contract will be contingent upon the credit facility ultimately secured through negotiation. The value of the facility in question is EUR 25 000 000.
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: Banking and investment services 📦

Procedure
Procedure type: Negotiated procedure
Type of bid: Submission for all lots
Award criteria
The most economic tender

Contracting authority
Identity
Country: Ireland 🇮🇪
Awarding authority type: Body governed by public law
Awarding authority name: Horse Racing Ireland (HRI)
Postal address: Ballymany, Co Kildare
Postal town: The Curragh
Contact
E-mail: procure@hri.ie 📧
Phone: +353 45455400 📞

Reference
Dates
Date dispatched: 2014-08-20 📅
Submission deadline: 2014-09-22 📅
Publication date: 2014-08-22 📅
Identifiers
Notice number: 2014/S 160-287809
OJ-S issue: 160
Additional information
Please consult the Qualification Questionnaire, available to download from www.etenders.gov.ie

Object
Scope of the procurement
Short description:
Horse Racing Ireland intends to enter into a contract with a single service provider or a suitably qualified consortium for the provision of a credit facility. The Contracting Authority requires a facility for a total sum of up to EUR 25 000 000, to be drawn down in various amounts. The precise terms of the facility and the various amounts potentially required will be discussed with selected tenderers during the negotiation phase of this competition. In general, it is envisioned that an unsecured facility will be sought and that the Contracting Authority will reserve the right to prepay without penalty.
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Place of performance
Main site or place of performance: Co. Kildare.

Legal, economic, financial and technical information
Conditions for participation
Suitability to pursue the professional activity:
As per the Qualification Questionnaire, available to download from www.etenders.gov.ie
Economic and financial standing:
As per the Qualification Questionnaire, available to download from www.etenders.gov.ie
Minimum level(s) of standards:
As per the Qualification Questionnaire, available to download from www.etenders.gov.ie
Technical and professional ability:
As per the Qualification Questionnaire, available to download from www.etenders.gov.ie
Contract execution
Deposits and guarantees required: N/A.
Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them: To be agreed with the successful tenderer.
Legal form to be taken by the group of economic operators to whom the contract is to be awarded:
If successful in the competition, a grouping or consortium will be expected to establish itself as a legal entity, with each party being jointly and severally liable, prior to entering into any framework agreement.
Execution of the service is reserved to a particular profession:
Candidates must be licensed pursuant to section 9 of the Central Bank Act, 1971 to conduct banking business in Ireland, or must be a subsidiary or branch of an international bank operating in Ireland or included in the Central Bank of Ireland's list of credit institutions authorised to conduct banking business in Ireland under EU Directive 2006/48/EEC.
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Names and professional qualifications of the staff ✅

Procedure
Objective criteria for selection:
As per the Qualification Questionnaire available to download from www.etenders.gov.ie
Languages
Language: English 🗣️

Contracting authority
Identity
National registration number: N/a
Contact
Contact point: Amy Moran
Address of the buyer profile: http://irl.eu-supply.com/ctm/Supplier/CompanyInformation/Index/330 🌏
URL for participation: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=79408&B=ETENDERS_SIMPLE 🌏
URL for documents: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=79408&B=ETENDERS_SIMPLE 🌏

Complementary information
Review body
Name: The High Court
Postal address: Ground Floor, East Wing, The Four Courts
Postal town: Dublin
Postal code: 7
Information about review deadlines:
The Contracting Authority undertakes that this reviewable public contract will not be concluded until after the expiry of a fourteen day standstill period, in accordance with S.I. No. 130 of 2010.
Service from which information about the review procedure may be obtained
Name: Please contact a legal advisor
Source: OJS 2014/S 160-287809 (2014-08-20)
Contract award notice (2015-07-03)
Object
Notice metadata
Document type: Contract award notice

Procedure
Type of bid: Not applicable

Contracting authority
Identity
Postal address: The Curragh, Co. Kildare
Postal town: Ballymany

Reference
Dates
Date dispatched: 2015-07-03 📅
Publication date: 2015-07-08 📅
Identifiers
Notice number: 2015/S 129-238187
Refers to notice: 2014/S 160-287809
OJ-S issue: 129

Object
Place of performance
Main site or place of performance: Co Kildare.

Procedure
Award criteria
Criterion: 1. Loan Facility Conditions (2250)
2. Security and Covenants (1250)
3. Representations and Warranties (1000)
4. Other Terms and Conditions (500)
5. Account Management and Reporting Requirements (500)
6. Added Value (500)
7. Ultimate Cost (4000)

Award of contract
Date of contract conclusion: 2015-06-03 📅
Name: Ulster Bank Ireland Limited
Postal address: Ulster Bank Group Centre, George's Quay
Postal town: Dublin
Postal code: 2
Country: Ireland 🇮🇪
Information about tenders
Number of tenders received: 3

Complementary information
Review body
Postal code: D7
Country: Ireland 🇮🇪
Source: OJS 2015/S 129-238187 (2015-07-03)
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