Department of Finance Financial Services Panel
Department of Finance
The Department of Finance has issued this invitation to tender (โITTโ) for the provision of:
(i) capital markets, strategic, M and A and restructuring advice;
(ii) general financial advice; and
(iii) capital markets distribution services to the Department of Finance.
The Department may require advice in connection with the Stateโs various investments in the banking sector, interests in the financial services industry in general, and in the carrying out of the Department of Financeโs functions.
It is anticipated that a large part of the scope of services in each Lot will relate to the Ministerโs shareholdings in AIB, Bank of Ireland and Permanent TSB. The Department may also on occasion require financial advice in other areas within its remit.
The time limit for receipt of tenders was 2018-08-07. The procurement was published on 2018-07-03.
SuppliersThe following suppliers are mentioned in award decisions or other procurement documents:
- โข Bank of America Merrill Lynch
- โข BlackRock Investment Management (UK) Ltd
- โข BNP Paribas SA
- โข Citi
- โข Credit Suisse Securities (Europe) Ltd
- โข Davy Corporate Finance
- โข Deutsche Bank AG, London Branch
- โข EisnerAmperMKO Ltd
- โข Ernst and Young
- โข Goldman Sachs
- โข Goodbody Stockbrokers
- โข HSBC Bank Plc
- โข JP Morgan Securities Plc
- โข Kpmg
- โข Mercer (Ireland) Ltd
- โข Morgan Stanley and Co. International Plc
- โข NM Rothschild and Sons Ltd
- โข Promontory Financial Group
- โข PwC
- โข UBS Ltd
- โข Investment banking services and related services โบ Mergers and acquisition services
- โข Investment banking services and related services โบ Corporate finance and venture capital services
- โข Banking and investment services โบ Financial markets administration services
- โข Financial consultancy, financial transaction processing and clearing-house services โบ Financial consultancy services
- โข Financial consultancy, financial transaction processing and clearing-house services โบ Financial transaction processing and clearing-house services
- โข Eastern and Midland โบ Dublin
| Date | Document |
|---|---|
| 2018-07-03 | Contract notice |
| 2018-10-11 | Contract award notice |
Object
Scope of the procurement
Title: Financial consultancy services
Reference number: FSA-9-2018
Short description:
โThe Department of Finance has issued this invitation to tender (โITTโ) for the provision of: (i) capital markets, strategic, M and A and restructuring...โ
Notice metadata
Original language: English ๐ฃ๏ธ
Document type: Contract notice
Nature of contract: Services
Regulation: European Union, with participation of GPA countries
Common procurement vocabulary (CPV)
Code: Financial consultancy services ๐ฆ
Additional CPV: Banking and investment services ๐ฆ
Place of performance
NUTS region: Dublin ๐๏ธ
Procedure
Procedure type: Open procedure
Type of bid: Submission for all lots
Award criteria
The most economic tender
Contracting authority
Identity
Country: Ireland ๐ฎ๐ช
Awarding authority type: Ministry or any other national or federal authority
Awarding authority name: Department of Finance
Postal address: Government Buildings, Upper Merrion Street
Postal code: D02 R583
Postal town: Dublin
Contact
Internet address: http://www.finance.gov.ie ๐
E-mail: paul.caball@finance.gov.ie ๐ง
Phone: +353 16045008 ๐
URL for documents: https://irl.eu-supply.com/login.asp?B=ETENDERS_SIMPLE ๐
URL for participation: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=131675&B=ETENDERS_SIMPLE ๐
Reference
Dates
Date dispatched: 2018-07-03 ๐
Submission deadline: 2018-08-07 ๐
Publication date: 2018-07-05 ๐
Identifiers
Notice number: 2018/S 127-289576
OJ-S issue: 127
Object
Scope of the procurement
Short description:
โThe Department of Finance has issued this invitation to tender (โITTโ) for the provision of:โ
โ(i) capital markets, strategic, M and A and restructuring advice;โ
Show more (4)
โ(ii) general financial advice; andโ
โ(iii) capital markets distribution services to the Department of Finance.โ
โThe Department may require advice in connection with the Stateโs various investments in the banking sector, interests in the financial services industry in...โ
โIt is anticipated that a large part of the scope of services in each Lot will relate to the Ministerโs shareholdings in AIB, Bank of Ireland and Permanent...โ
Title of the lot: Capital Markets, Strategic, M&A and Restructuring Advice
Lot number: 1
Short description:
โCapital Markets, Strategic, M and A and Restructuring Adviceโ
Estimated value excluding VAT: 144 001 EUR ๐ฐ
Duration: 36 months
Description of renewals:
โThe General Agreement is anticipated to operate for a duration of three (3) years and will be subject to annual review. Such duration may be extended to...โ
Title of the lot: General Financial Advice
Lot number: 2
Short description:
โGeneral Financial Advice:โ
โLot 2 is divided into 7 sublots and tenderers should indicate which sublots they wish to be considered for. Tenderers must also confirm that they have...โ
Show more (7)
โ2.1) Provision of Accounting and Tax advice,โ
โ2.2) Provision of Strategic advice,โ
โ2.3) Provision of Valuation advice,โ
โ2.4) Provision of Restructuring advice,โ
โ2.5) Provision of Remuneration advice,โ
โ2.6) Provision of Governance and Risk advice,โ
โ2.7) Provision..โ
Lot number: 3
Short description:
โCapital Markets Distribution Servicesโ
Place of performance
Main site or place of performance:
โMiesian Plaza, 51-58 Lower Baggot Street, D2โ
Legal, economic, financial and technical information
Conditions for participation
Suitability to pursue the professional activity:
โ1) Minimum Turnover;โ
โ2) Minimum Insurance;โ
Show more (1)
โ3) Capability to Perform.โ
Procedure
Legal basis: 32014L0024
Number of participants to be contemplated: 64
Time of receipt of tenders: 12:00
Languages in which tenders or requests to participate may be submitted: English ๐ฃ๏ธ
Tender validity period: 2019-02-07 ๐
Tender opening date: 2018-08-07 ๐
Tender opening time: 17:00
Contracting authority
Contact
Contact point: Paul Caball
Internet address: www.finance.gov.ie ๐
Address of the buyer profile: https://irl.eu-supply.com/ctm/Company/CompanyInformation/Index/310 ๐
Documents URL: https://irl.eu-supply.com/login.asp?B=ETENDERS_SIMPLE ๐
Complementary information
Review body
Name: Department of Finance
Postal address: Government Buildings, Merrion Row
Postal town: Dublin
Postal code: D02R583
Country: Ireland ๐ฎ๐ช
Phone: +353 16045008 ๐
E-mail: paul.caball@finance.gov.ie ๐ง
Source: OJS 2018/S 127-289576 (2018-07-03)
Object
Scope of the procurement
Short description:
โThe Department of Finance has issued this Invitation to Tender (โITTโ) for the provision of: (i) capital markets, strategic, M and A and restructuring...โ
Total value of the procurement: 1 EUR ๐ฐ
Notice metadata
Document type: Contract award notice
Procedure
Type of bid: Not applicable
Contracting authority
Identity
Postal code: D02R583
Reference
Dates
Date dispatched: 2018-10-11 ๐
Publication date: 2018-10-16 ๐
Identifiers
Notice number: 2018/S 199-452129
Refers to notice: 2018/S 127-289576
OJ-S issue: 199
Object
Scope of the procurement
Short description:
โThe Department of Finance has issued this Invitation to Tender (โITTโ) for the provision of:โ
โThe Department may require advice in connection with the stateโs various investments in the banking sector, interests in the financial services industry in...โ
Title of the lot: Capital Markets, Strategic, M and A and Restructuring Advice
Short description:
โLot 2 is divided into 7 sub-lots and tenderers should indicate which sub-lots they wish to be considered for. Tenderers must also confirm that they have...โ
โ2.1) Provision of Accounting and Tax Adviceโ
Show more (7)
โ2.2) Provision of Strategic Adviceโ
โ2.3) Provision of Valuation Adviceโ
โ2.4) Provision of Restructuring Adviceโ
โ2.5) Provision of Remuneration Adviceโ
โ2.6) Provision of Governance and Risk Adviceโ
โ2.7) Provisionโ
โCapital markets distribution services.โ
Procedure
Award criteria
Quality criterion (name): Quality of offering
Quality criterion (weighting): 25 %
Quality criterion (name): Quality of team
Quality criterion (weighting): 20 %
Quality criterion (name): Strength of resources
Quality criterion (weighting): 15 %
Quality criterion (name): Understanding of Irish Banks and Department of Finance Priorities
Price (weighting): 20 %
Quality criterion (name): Quality of Offering
Quality criterion (weighting): 35 %
Quality criterion (name): Quality of Team
Quality criterion (weighting): 30 %
Quality criterion (name): Strength of Resources
Strength of equity capital markets franchise
Quality of team and strength of resources
Understanding of Irish banks and Department of Finance priorities
Award of contract
Date of contract conclusion: 2018-10-02 ๐
Name: Bank of America Merrill Lynch
National registration number: Tbc
Postal address: 2 King Edward Street
Postal town: London
Postal code: London
Country: United Kingdom ๐ฌ๐ง
Phone: +44 2079952337 ๐
E-mail: arif.vohra@baml.com ๐ง
Country: Camden and City of London ๐๏ธ
Internet address: http://corp.bankofamerica.com ๐
Total value of the procurement: 1 EUR ๐ฐ
Name: BNP Paribas SA
National registration number: FR76662042449
Postal address: 16 boulevard des Italiens
Postal town: Paris
Postal code: 75009
Country: France ๐ซ๐ท
E-mail: alexandra.basirov@bnpparibas.com ๐ง
Country: Paris ๐๏ธ
Internet address: http://https://invest.bnpparibas.com/en ๐
Name: Citi
National registration number: 4871126S
Postal address: 1 Nth Wall Quay
Postal town: Dublin
Postal code: Dublin
Country: Ireland ๐ฎ๐ช
Phone: +353 16226014 ๐
E-mail: barry.clifford@citi.com ๐ง
Country: Dublin ๐๏ธ
Name: Credit Suisse Securities (Europe) Ltd
National registration number: GB 447073741
Postal address: One Cabot Square
Postal code: London E14 4QJ
E-mail: nick.koemtzopoulos@credit-suisse.com ๐ง
Internet address: http://https://www.credit-suisse.com/ ๐
Name: Deutsche Bank AG, London Branch
National registration number: GB243609761
Postal address: 1 Great Winchester Street
Postal code: EC2N 2DB
E-mail: sandeep-r.goel@db.com ๐ง
Name: Goldman Sachs
Postal address: Hardwicke House
Postal code: Hatch Street
Phone: +353 872315810 ๐
E-mail: hugo.macneill@gs.com ๐ง
Name: JP Morgan Securities Plc
National registration number: GB 397 2498 93.
Postal address: 25 Bank Street
Postal code: E145JP
Phone: +44 2071346222 ๐
E-mail: rajesh.n.iyer@jpmorgancazenove.com ๐ง
Name: NM Rothschild and Sons Ltd
National registration number: GB 244 0066 96
Postal address: New Court, St Swithins Lane
Postal code: EC4N 8AL
E-mail: nicola.king@rothschild.com ๐ง
Name: UBS Ltd
Postal address: 1 Finsbury Avenue, London, EC2M 2PP
Postal code: Greater London
Phone: +44 2075675641 ๐
E-mail: benjamin.crystal@ubs.com ๐ง
Internet address: http://www.ubs.com ๐
Name: BlackRock Investment Management (UK) Ltd
National registration number: 961/JZ93652
Postal address: 12 Throgmorton Avenue
Postal code: EC2N2DL
E-mail: adele.spillane@blackrock.com ๐ง
Name: EisnerAmperMKO Ltd
National registration number: IE9672158Q
Postal address: 6 The Courtyard Building, Carmanhall Road
Postal town: Sandyford
Postal code: Dublin 18
E-mail: brian.hillery@eisneramper.ie ๐ง
Name: Ernst and Young
National registration number: IE 4554695L
Postal address: Harcourt Centre, Harcourt Street
Phone: +353 2211284 ๐
E-mail: eytendersirl@ie.ey.com ๐ง
Internet address: http://www.ey.com ๐
Name: Kpmg
National registration number: N/a
Postal address: Stokes Place
Postal code: St. Stephen's Green
Phone: +353 14101000 ๐
E-mail: iefmdublincftenders@kpmg.ie ๐ง
Name: Mercer (Ireland) Ltd
National registration number: 0837946H
Postal address: Charlotte House
Postal code: Charlemont Street
Phone: +353 14118439 ๐
E-mail: roseanna.roche@mercer.com ๐ง
Internet address: http://www.mercer.ie ๐
Name: Promontory Financial Group
Postal address: 280 Park Avenue, 40th Floor West
Postal town: New York
Postal code: New York
Country: United States ๐บ๐ธ
Phone: +1 2123656581 ๐
E-mail: emccaul@promontory.com ๐ง
Country: 00 ๐๏ธ
Name: PwC
National registration number: IE9526897O
Postal address: One Spencer Dock, North Wall Quay, Dublin 1
Phone: +353 17926416 ๐
E-mail: florence.curley@ie.pwc.com ๐ง
Internet address: http://www.pwc.com/ie ๐
Name: Davy Corporate Finance
Postal address: Davy House, 49 Dawson Street
Phone: +353 16796363 ๐
E-mail: fergal.meegan@davy.ie ๐ง
Name: Goodbody Stockbrokers
National registration number: 4690101S
Postal address: Ballsbridge Park
Postal town: Dublin 4
Postal code: Ballsbridge
Phone: +353 16416071 ๐
E-mail: linda.p.clarke@goodbody.ie ๐ง
Internet address: http://www.goodbody.ie ๐
Name: HSBC Bank Plc
National registration number: GB 365 684 514
Postal address: 8 Canada Square
Phone: +44 2079922855 ๐
E-mail: himesh.patel@hsbc.com ๐ง
Name: Morgan Stanley and Co. International Plc
National registration number: 524252668
Postal address: 25 Cabot Square, Canary Wharf
Postal code: E14 4QA
E-mail: marina.shchukina@morganstanley.com ๐ง
Information about tenders
Number of tenders received: 11
13
12
Source: OJS 2018/S 199-452129 (2018-10-11)