The provision of an Actuarial Review of the Social Insurance Fund as at 31 December 2015 | Department of Social Protection

Date	Document
2016-10-28	Contract notice
2017-02-06	Contract award notice
2020-12-08	Modification of a contract/concession during its term

Contract notice (2016-10-28)
Object
Scope of the procurement
Title: Financial and insurance services
Short description:

The successful tenderer will carry out an actuarial review of the financial condition of the Social Insurance Fund (SIF) as at 31.12.2015. This review will provide an actuarially-based assessment of the future ‘health’ and sustainability of the SIF. In particular, it will examine the impacts of the various changes to pension payment rates based on contribution averages, limitation of benefit duration etc. in order to better inform future expenditure.

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: Financial and insurance services 📦
Additional CPV: Financial and insurance services 📦
Place of performance
NUTS region: Éire/Ireland 🏙️

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

Contracting authority
Identity
Country: Ireland 🇮🇪
Awarding authority type: Ministry or any other national or federal authority
Awarding authority name: Department of Social Protection
Postal address: Áras Mhic Dhiarmada, Store Street
Postal code: Ie
Postal town: Dublin 1
Contact
Internet address: http://www.welfare.ie 🌏
E-mail: pat.lynch@welfare.ie 📧
Phone: +353 17043712 📞
URL for documents: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=104663&B=ETENDERS_SIMPLE 🌏
URL for participation: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=104663&B=ETENDERS_SIMPLE 🌏

Reference
Dates
Date dispatched: 2016-10-28 📅
Submission deadline: 2016-12-05 📅
Publication date: 2016-11-02 📅
Identifiers
Notice number: 2016/S 211-384145
OJ-S issue: 211
Additional information

See 4.7.2: The final report of the Review, inclusive of the analysis of accrued-to-date contributory pension liabilities (4.3.6), must be submitted to the Steering Committee by the last working day of March 2017. The entire work to be undertaken by the successful tenderer must be completed by Q1 2018.

Object
Scope of the procurement
Estimated total value: 500 000 EUR 💰
Estimated value excluding VAT: 500 000 EUR 💰
Duration: 18 months
Additional information:

See 4.7.2: The final report of the Review, inclusive of the analysis of accrued-to-date contributory pension liabilities (4.3.6), must be submitted to the Steering Committee by the last working day of March 2017. The entire work to be undertaken by the successful tenderer must be completed by Q1 2018.

Procedure
Time of receipt of tenders: 12:00
Languages in which tenders or requests to participate may be submitted: English 🗣️
Tender opening date: 2016-12-05 📅
Tender opening time: 12:00

Contracting authority
Identity
National registration number: N/a
Contact
Contact point: Pat Lynch
Address of the buyer profile: https://irl.eu-supply.com/ctm/Company/CompanyInformation/Index/349 🌏
Documents URL: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=104663&B=ETENDERS_SIMPLE 🌏

Complementary information
Review body
Name: High Court
Postal address: Four Courts, Inns Quay
Postal town: Dublin
Postal code: 7
Country: Ireland 🇮🇪
Phone: +353 18886000 📞
Source: OJS 2016/S 211-384145 (2016-10-28)

Contract award notice (2017-02-06)
Object
Scope of the procurement
Total value of the procurement: 195 000 EUR 💰
Notice metadata
Document type: Contract award notice

Procedure
Type of bid: Not applicable

Contracting authority
Identity
Postal code: 1
Postal town: Dublin
Contact
Phone: +535 17043712 📞

Reference
Dates
Date dispatched: 2017-02-06 📅
Publication date: 2017-02-08 📅
Identifiers
Notice number: 2017/S 027-048012
Refers to notice: 2016/S 211-384145
OJ-S issue: 27

Procedure
Award criteria
Quality criterion (name): Actuarial review and accrued to date liability analysis
Quality criterion (weighting): 40
Quality criterion (name): Model
Quality criterion (weighting): 20
Quality criterion (name): Project management
Quality criterion (weighting): 10
Price weighting: 30

Award of contract
Date of contract conclusion: 2017-01-27 📅
Source: OJS 2017/S 027-048012 (2017-02-06)

Modification of a contract/concession during its term (2020-12-08)
Object
Scope of the procurement
Total value of the procurement: 195 000 EUR 💰
Notice metadata
Document type: Modification of a contract/concession during its term

Procedure
Award criteria
Not applicable

Contracting authority
Contact
E-mail: garret.mullaney@welfare.ie 📧

Reference
Dates
Date dispatched: 2020-12-08 📅
Publication date: 2020-12-11 📅
Identifiers
Notice number: 2020/S 242-599361
Refers to notice: 2017/S 027-048012
OJ-S issue: 242

Object
Scope of the procurement
Title of the lot: The provision of an actuarial review of the Social Insurance Fund as at 31 December 2015.
Short description:

The successful tenderer will carry out an actuarial review of the financial condition of the Social Insurance Fund (SIF) as at 31 December 2015. This review will provide an actuarially-based assessment of the future ‘health’ and sustainability of the SIF. In particular, it will examine the impacts of the various changes to pension payment rates based on contribution averages, limitation of benefit duration, etc. in order to better inform future expenditure.

Duration: 10 months

Award of contract
Name: Kpmg
National registration number: 9F54042G
Postal address: Stokes Place
Postal town: Dublin 2
Country: Ireland 🇮🇪
Total value of the procurement: 195 000 EUR 💰

Contracting authority
Contact
Contact point: Garret Mullaney

Complementary information
Review body
Postal town: Dublin 7
Source: OJS 2020/S 242-599361 (2020-12-08)