NTMA, together with ASI and AOE, is seeking expressions of interest for the provision of escrow agency and custodian services in respect of funds which Ireland is required to recover from ASI and AOE pursuant to a State aid decision of the European Commission. The relevant funds are expected to be placed and retained in escrow, pursuant to an Escrow Agent/Custodian Agreement with the successful tenderer, pending the outcome of the applications for annulment of the European Commission's decision. The duration of the Escrow Agent/Custodian Agreement cannot be fixed at the outset (notwithstanding section II.2.7) below); it is expected to remain in place pending the outcome of those applications.
Deadline
The time limit for receipt of tenders was 2017-08-21.
The procurement was published on 2017-07-22.
Suppliers
The following suppliers are mentioned in award decisions or other procurement documents:
Contract notice (2017-07-22) Object Scope of the procurement
Title: Custody services
Reference number: 2017PR177
Short description:
“NTMA, together with ASI and AOE, is seeking expressions of interest for the provision of escrow agency and custodian services in respect of funds which...”
Short description
NTMA, together with ASI and AOE, is seeking expressions of interest for the provision of escrow agency and custodian services in respect of funds which Ireland is required to recover from ASI and AOE pursuant to a State aid decision of the European Commission. The relevant funds are expected to be placed and retained in escrow, pursuant to an Escrow Agent/Custodian Agreement with the successful tenderer, pending the outcome of the applications for annulment of the European Commission's decision. The duration of the Escrow Agent/Custodian Agreement cannot be fixed at the outset (notwithstanding section II.2.7) below); it is expected to remain in place pending the outcome of those applications.
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Original language: English 🗣️
Document type: Contract notice
Nature of contract: Services
Regulation: European Union, with participation of GPA countries
Common procurement vocabulary (CPV)
Code: Custody services📦
Additional CPV: Banking and investment services📦 Place of performance
NUTS region: Éire/Ireland🏙️
Procedure
Procedure type: Restricted procedure
Type of bid: Submission for all lots
Award criteria
The most economic tender
Contract award notice (2018-06-12) Object Scope of the procurement
Short description:
“NTMA, together with ASI and AOE, sought expressions of interest for the provision of escrow agency and custodian services in respect of funds which Ireland...”
Short description
NTMA, together with ASI and AOE, sought expressions of interest for the provision of escrow agency and custodian services in respect of funds which Ireland is required to recover from ASI and AOE pursuant to a State aid decision of the European Commission. The relevant funds are expected to be placed and retained in escrow, pursuant to an Escrow Agent / Custodian Agreement with the successful tenderer, pending the outcome of the applications for annulment of the European Commission's decision.
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Total value of the procurement: 800 000 EUR 💰
Notice metadata
Document type: Contract award notice
Procedure
Type of bid: Not applicable
Reference Dates
Date dispatched: 2018-06-12 📅
Publication date: 2018-06-13 📅
Identifiers
Notice number: 2018/S 111-253492
Refers to notice: 2017/S 141-290185
OJ-S issue: 111
Additional information
“The amount indicated in Section II.1.7) and Section V.2.4) in respect of the total value of the procurement / Escrow Agent / Custodian Agreement is an...”
The amount indicated in Section II.1.7) and Section V.2.4) in respect of the total value of the procurement / Escrow Agent / Custodian Agreement is an approximate estimate only of the annual value of the contract. The actual aggregate value of the Escrow Agent / Custodian Agreement will vary depending on a number of factors, including but not limited to the duration of the Escrow Agent / Custodian Agreement. The duration of the Escrow Agent / Custodian Agreement cannot be determined at this time; it is expected to remain in place pending the outcome of the applications referred to in Section II.1.4).
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Source: OJS 2018/S 111-253492 (2018-06-12)