Actuarial and Pensions Consultancy Services

Central Bank of Ireland

The Central Bank of Ireland Superannuation Scheme has a requirement for the
provision of Actuarial and Pensions Consulting Services. The Central Bank of
Ireland Scheme is a funded defined benefit scheme which was established on 1.10.2008 in accordance with Statutory Instrument 99 of 2008. In determining
the benefits payable and contributions paid by members, the Civil Service
Superannuation Scheme rules apply. As at 31.12.2014, there were 1 490
active members of the Scheme and 2 467 members overall, including preserved
and retired members.
The Central Bank and the Scheme Trustees are now seeking Actuarial and
Pensions Consulting services in order to ensure compliance with statutory
obligations and to ensure adherence to best practice with respect to the
administration of the Superannuation Fund. The actuarial and pensions consultant
chosen will therefore be required to provide actuarial services in accordance with
regulations and statutory/non-statutory guidance.

Deadline

The time limit for receipt of tenders was 2016-02-29. The procurement was published on 2016-01-27.

Suppliers

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

Who? What? Where?
Procurement history
Date Document
2016-01-27 Contract notice
2016-10-05 Contract award notice
Contract notice (2016-01-27)
Object
Scope of the procurement
Title: Pension fund consultancy services
Quantity or scope: Actuarial and Pensions Consulting Services.
Notice metadata
Original language: English ๐Ÿ—ฃ๏ธ
Document type: Contract notice
Nature of contract: Services
Regulation: European Union, with participation of GPA countries
Common procurement vocabulary (CPV)
Code: Pension fund consultancy services ๐Ÿ“ฆ

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

Contracting authority
Identity
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
Awarding authority type: Body governed by public law
Awarding authority name: Central Bank of Ireland
Postal address: PO Box 559, Dame Street
Postal code: 2
Postal town: Dublin
Contact
Internet address: http://www.centralbank.ie ๐ŸŒ
E-mail: michael.kavanagh@centralbank.ie ๐Ÿ“ง
Phone: +353 12246409 ๐Ÿ“ž

Reference
Dates
Date dispatched: 2016-01-27 ๐Ÿ“…
Submission deadline: 2016-02-29 ๐Ÿ“…
Publication date: 2016-01-28 ๐Ÿ“…
Identifiers
Notice number: 2016/S 019-029925
OJ-S issue: 19

Object
Scope of the procurement
Short description:
The Central Bank of Ireland Superannuation Scheme has a requirement for the
provision of Actuarial and Pensions Consulting Services. The Central Bank of
Ireland Scheme is a funded defined benefit scheme which was established on 1.10.2008 in accordance with Statutory Instrument 99 of 2008. In determining
the benefits payable and contributions paid by members, the Civil Service
Superannuation Scheme rules apply. As at 31.12.2014, there were 1 490
active members of the Scheme and 2 467 members overall, including preserved
and retired members.
The Central Bank and the Scheme Trustees are now seeking Actuarial and
Pensions Consulting services in order to ensure compliance with statutory
obligations and to ensure adherence to best practice with respect to the
administration of the Superannuation Fund. The actuarial and pensions consultant
chosen will therefore be required to provide actuarial services in accordance with
regulations and statutory/non-statutory guidance.
Duration: 048 months
Reference number: 2015P077
Place of performance
Main site or place of performance: Dublin 2.

Legal, economic, financial and technical information
Conditions for participation
Suitability to pursue the professional activity: See attached documentation.
Economic and financial standing: See attached documentation.
Technical and professional ability: See attached documentation.

Procedure
Envisaged number of candidates: 5
Objective criteria for selection: See attached documentation.
Languages
Language: English ๐Ÿ—ฃ๏ธ

Contracting authority
Identity
National registration number: N/a
Contact
Contact point: Michael Kavanagh
Address of the buyer profile: http://irl.eu-supply.com/ctm/Supplier/CompanyInformation/Index/329 ๐ŸŒ
URL for participation: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=96032&B=ETENDERS_SIMPLE ๐ŸŒ
URL for documents: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=96032&B=ETENDERS_SIMPLE ๐ŸŒ

Reference
Identifiers
Reference number attributed by the contracting authority: 2015P077

Complementary information
Review body
Name: High Court
Postal address: Four Courts
Postal town: Dublin
Postal code: 7
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
E-mail: highcourtcentraloffice@courts.ie ๐Ÿ“ง
Phone: +353 18886511/6512 ๐Ÿ“ž
Source: OJS 2016/S 019-029925 (2016-01-27)
Contract award notice (2016-10-05)
Object
Scope of the procurement
Short description:
The Central Bank and the Scheme Trustees require Actuarial and Pensions Consulting services in order to ensure compliance with statutory obligations and to ensure adherence to best practice with respect to the administration of the Superannuation Fund. The actuarial and pensions consultant chosen will therefore be required to provide actuarial services in accordance with regulations and statutory/non-statutory guidance.
Show more
Total value of the procurement: 1 EUR ๐Ÿ’ฐ
Notice metadata
Document type: Contract award notice
Place of performance
NUTS region: ร‰ire/Ireland ๐Ÿ™๏ธ

Procedure
Type of bid: Not applicable

Reference
Dates
Date dispatched: 2016-10-05 ๐Ÿ“…
Publication date: 2016-10-08 ๐Ÿ“…
Identifiers
Notice number: 2016/S 195-351503
Refers to notice: 2016/S 019-029925
OJ-S issue: 195

Object
Scope of the procurement
Short description:
The Central Bank and the Scheme Trusteesโ€ฆ
โ€ฆ require Actuarial and
โ€ฆ reqire Actuarial and
Place of performance
Main site or place of performance: Dublin.

Procedure
Award criteria
Quality criterion (name): Quality, Quantity and Balance of Resources
Quality criterion (weighting): 500
Quality criterion (name): Quality of Proposed Methodology and Approach
Quality criterion (weighting): 300
Cost criterion: Cost
Cost weighting: 200

Award of contract
Date of contract conclusion: 2016-09-15 ๐Ÿ“…

Complementary information
Review body
Internet address: www.courts.ie ๐ŸŒ
Source: OJS 2016/S 195-351503 (2016-10-05)