The Department of Finance has issued this invitation to tender (“ITT”) 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 State’s various investments in the banking sector, interests in the financial services industry in general, and in the carrying out of the Department of Finance’s functions.
It is anticipated that a large part of the scope of services in each Lot will relate to the Minister’s shareholdings in AIB, Bank of Ireland and Permanent TSB. The Department may also on occasion require financial advice in other areas within its remit.
Deadline
The time limit for receipt of tenders was 2018-08-07.
The procurement was published on 2018-07-03.
Suppliers
The following suppliers are mentioned in award decisions or other procurement documents:
Object Scope of the procurement
Title: Department of Finance Financial Services Panel
FSA-9-2018
Products/services: Financial consultancy services📦
Short description:
“The Department of Finance has issued this invitation to tender (“ITT”) for the provision of:
(i) capital markets, strategic, M and A and restructuring...”
Short description
The Department of Finance has issued this invitation to tender (“ITT”) 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 State’s various investments in the banking sector, interests in the financial services industry in general, and in the carrying out of the Department of Finance’s functions.
It is anticipated that a large part of the scope of services in each Lot will relate to the Minister’s shareholdings in AIB, Bank of Ireland and Permanent TSB. The Department may also on occasion require financial advice in other areas within its remit.
Show more
Estimated value excluding VAT: EUR 144 001 💰
Information about lots
Tenders may be submitted for all lots
1️⃣ Scope of the procurement
Title: Capital Markets, Strategic, M&A and Restructuring Advice
Title
Lot Identification Number: 1
Description
Additional products/services: Banking and investment services📦
Additional products/services: Investment banking services and related services📦
Additional products/services: Mergers and acquisition services📦
Additional products/services: Corporate finance and venture capital services📦
Additional products/services: Financial markets administration services📦
Additional products/services: Financial consultancy, financial transaction processing and clearing-house services📦
Additional products/services: Financial transaction processing and clearing-house services📦
Place of performance: Dublin🏙️
Main site or place of performance: Miesian Plaza, 51-58 Lower Baggot Street, D2
Description of the procurement: Capital Markets, Strategic, M and A and Restructuring Advice
Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
Scope of the procurement
Estimated total value excluding VAT: EUR 144 001 💰
Duration of the contract, framework agreement or dynamic purchasing system
The time frame below is expressed in number of months.
Description
Duration: 36
Duration of the contract, framework agreement or dynamic purchasing system
This contract is subject to renewal ✅ Description
Description of renewals:
“The 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...”
Description of renewals
The 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 four (4) years or reduced (following the annual review) as the Department of Finance in its sole discretion may decide.
2️⃣ Scope of the procurement
Title: General Financial Advice
Title
Lot Identification Number: 2
Description
Description of the procurement:
“General Financial Advice:
Lot 2 is divided into 7 sublots and tenderers should indicate which sublots they wish to be considered for. Tenderers must also...”
Description of the procurement
General Financial Advice:
Lot 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 sufficient relevant experience to have their proposal considered and specifically at least 2 relevant engagements for each sublot within the last 3 years. Note tenderers will not be disadvantaged by applying for a single lot or limited number of lots. The number of lots applied for is not an evaluation criteria.
2.1) Provision of Accounting and Tax advice,
2.2) Provision of Strategic advice,
2.3) Provision of Valuation advice,
2.4) Provision of Restructuring advice,
2.5) Provision of Remuneration advice,
2.6) Provision of Governance and Risk advice,
2.7) Provision..
Show more Scope of the procurement
Estimated total value excluding VAT: EUR 144 001 💰
3️⃣ Scope of the procurement
Title: Capital Markets Distribution Services
Title
Lot Identification Number: 3
Description
Description of the procurement: Capital Markets Distribution Services
Scope of the procurement
Estimated total value excluding VAT: EUR 144 001 💰
Legal, economic, financial and technical information Conditions for participation
List and brief description of conditions: 1) Minimum Turnover;
2) Minimum Insurance;
3) Capability to Perform.
Economic and financial standing
Selection criteria as stated in the procurement documents
Technical and professional ability
Selection criteria as stated in the procurement documents
Procedure Type of procedure
Open procedure
Information about a framework agreement or a dynamic purchasing system
Framework agreement with several operators
Description
Envisaged maximum number of participants to the framework agreement: 64
Administrative information
Time limit for receipt of tenders or requests to participate: 2018-08-07
12:00 📅
Languages in which tenders or requests to participate may be submitted: English 🗣️
Tender must be valid until: 2019-02-07 📅
Conditions for opening of tenders: 2018-08-07
17:00 📅
Complementary information Information about electronic workflows
Electronic ordering will be used
Electronic invoicing will be accepted
Electronic payment will be used
Review body
Name: Department of Finance
Postal address: Government Buildings, Merrion Row
Postal town: Dublin
Postal code: D02R583
Country: Ireland 🇮🇪
Phone: +353 16045008📞
E-mail: paul.caball@finance.gov.ie📧
Source: OJS 2018/S 127-289576 (2018-07-03)
Contract award notice (2018-10-11) Contracting authority Name and addresses
Postal code: D02R583
Object Scope of the procurement
Short description:
“The Department of Finance has issued this Invitation to Tender (“ITT”) for the provision of:
(i) capital markets, strategic, M and A and restructuring...”
Short description
The Department of Finance has issued this Invitation to Tender (“ITT”) 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 state’s various investments in the banking sector, interests in the financial services industry in general, and in the carrying out of the Department of Finance’s functions.
It is anticipated that a large part of the scope of services in each Lot will relate to the Minister’s shareholdings in AIB, Bank of Ireland and Permanent TSB. The Department may also on occasion require financial advice in other areas within its remit.
Show more
Total value of the procurement (excluding VAT): EUR 1 💰
Information about lots
This contract is divided into lots ✅ Scope of the procurement
Title: Capital Markets, Strategic, M and A and Restructuring Advice
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 %
Description
Description of the procurement:
“General Financial Advice:
Lot 2 is divided into 7 sub-lots and tenderers should indicate which sub-lots they wish to be considered for. Tenderers must also...”
Description of the procurement
General Financial Advice:
Lot 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 sufficient relevant experience to have their proposal considered and specifically at least 2 relevant engagements for each sub-lot within the last 3 years. Note tenderers will not be disadvantaged by applying for a single lot or limited number of lots. The number of lots applied for is not an evaluation criteria.
2.1) Provision of Accounting and Tax Advice
2.2) Provision of Strategic Advice
2.3) Provision of Valuation Advice
2.4) Provision of Restructuring Advice
2.5) Provision of Remuneration Advice
2.6) Provision of Governance and Risk Advice
2.7) Provision
Show more Award criteria
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
Description
Description of the procurement: Capital markets distribution services.
Award criteria
Quality criterion (name): Strength of equity capital markets franchise
Quality criterion (name): Quality of team and strength of resources
Quality criterion (name): Understanding of Irish banks and Department of Finance priorities
Procedure Information about framework agreement
The procurement involves the establishment of a framework agreement
Administrative information
Previous publication concerning this procedure: 2018/S 127-289576
Award of contract
1️⃣
Contract Number: 1
Lot Identification Number: 1
Title: Capital Markets, Strategic, M and A and Restructuring Advice
Date of conclusion of the contract: 2018-10-02 📅
Information about tenders
Number of tenders received: 11
Number of tenders received from tenderers from other EU Member States: 10
Number of tenders received from tenderers from non-EU Member States: 1
Number of tenders received by electronic means: 11
Name and address of the contractor
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 🇬🇧
Phone: +44 2079952337📞
E-mail: arif.vohra@baml.com📧
Fax: +44 2079952157 📠
Region: Camden and City of London 🏙️
URL: http://corp.bankofamerica.com🌏
The contractor is an SME
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
2️⃣
Contract Number: 2
Name and address of the contractor
Name: BNP Paribas SA
National registration number: FR76662042449
Postal address: 16 boulevard des Italiens
Postal town: Paris
Postal code: 75009
Country: France 🇫🇷
E-mail: alexandra.basirov@bnpparibas.com📧
Region: Paris 🏙️
URL: http://https://invest.bnpparibas.com/en 🌏 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
3️⃣
Contract Number: 3
Name and address of the contractor
Name: Citi
National registration number: 4871126S
Postal address: 1 Nth Wall Quay
Postal town: Dublin
Postal code: Dublin
Country: Ireland 🇮🇪
Phone: +353 16226014📞
E-mail: barry.clifford@citi.com📧
Region: Dublin🏙️ Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
4️⃣
Contract Number: 4
Name and address of the contractor
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📧
URL: http://https://www.credit-suisse.com/ 🌏 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
5️⃣
Contract Number: 5
Title: Capital Markets, Strategic, M&A and Restructuring Advice
Information about tenders
Number of tenders received by electronic means: 21
Name and address of the contractor
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📧 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
6️⃣
Contract Number: 6
Name and address of the contractor
Name: Goldman Sachs
Postal address: Hardwicke House
Postal code: Hatch Street
Phone: +353 872315810📞
E-mail: hugo.macneill@gs.com📧 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
7️⃣
Contract Number: 7
Name and address of the contractor
Name: JP Morgan Securities Plc
National registration number: GB 397 2498 93.
Postal address: 25 Bank Street
Postal code: E145JP
Phone: +44 2071346222📞
E-mail: rajesh.n.iyer@jpmorgancazenove.com📧 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
8️⃣
Contract Number: 8
Name and address of the contractor
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📧 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
9️⃣
Contract Number: 9
Name and address of the contractor
Name: UBS Ltd
Postal address: 1 Finsbury Avenue, London, EC2M 2PP
Postal code: Greater London
Phone: +44 2075675641📞
E-mail: benjamin.crystal@ubs.com📧
Fax: +44 2073363002 📠
URL: http://www.ubs.com🌏 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
1️⃣0️⃣
Contract Number: 10
Lot Identification Number: 2
Title: General Financial Advice
Information about tenders
Number of tenders received: 13
Number of tenders received from tenderers from other EU Member States: 12
Number of tenders received by electronic means: 13
Name and address of the contractor
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📧 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
1️⃣1️⃣
Contract Number: 11
Name and address of the contractor
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📧 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
1️⃣2️⃣
Contract Number: 12
Name and address of the contractor
Name: Ernst and Young
National registration number: IE 4554695L
Postal address: Harcourt Centre, Harcourt Street
Phone: +353 2211284📞
E-mail: eytendersirl@ie.ey.com📧
URL: http://www.ey.com🌏 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
1️⃣3️⃣
Contract Number: 13
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
1️⃣4️⃣
Contract Number: 14
Name and address of the contractor
Name: Kpmg
National registration number: N/a
Postal address: Stokes Place
Postal code: St. Stephen's Green
Phone: +353 14101000📞
E-mail: iefmdublincftenders@kpmg.ie📧 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
1️⃣5️⃣
Contract Number: 15
Name and address of the contractor
Name: Mercer (Ireland) Ltd
National registration number: 0837946H
Postal address: Charlotte House
Postal code: Charlemont Street
Phone: +353 14118439📞
E-mail: roseanna.roche@mercer.com📧
Fax: +353 14782297 📠
URL: http://www.mercer.ie🌏 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
1️⃣6️⃣
Contract Number: 16
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
1️⃣7️⃣
Contract Number: 17
Name and address of the contractor
Name: Promontory Financial Group
Postal address: 280 Park Avenue, 40th Floor West
Postal town: New York
Postal code: New York
Country: United States 🇺🇸
Phone: +1 2123656581📞
E-mail: emccaul@promontory.com📧
Region: 00 🏙️ Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
1️⃣8️⃣
Contract Number: 18
Name and address of the contractor
Name: PwC
National registration number: IE9526897O
Postal address: One Spencer Dock, North Wall Quay, Dublin 1
Phone: +353 17926416📞
E-mail: florence.curley@ie.pwc.com📧
Fax: +353 17926200 📠
URL: http://www.pwc.com/ie🌏 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
1️⃣9️⃣
Contract Number: 19
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
2️⃣0️⃣
Contract Number: 20
Lot Identification Number: 3
Title: Capital Markets Distribution Services
Information about tenders
Number of tenders received: 12
Number of tenders received by electronic means: 12
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
2️⃣1️⃣
Contract Number: 21
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
2️⃣2️⃣
Contract Number: 22
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
2️⃣3️⃣
Contract Number: 23
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
2️⃣4️⃣
Contract Number: 24
Name and address of the contractor
Name: Davy Corporate Finance
Postal address: Davy House, 49 Dawson Street
Phone: +353 16796363📞
E-mail: fergal.meegan@davy.ie📧 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
2️⃣5️⃣
Contract Number: 25
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
2️⃣6️⃣
Contract Number: 26
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
2️⃣7️⃣
Contract Number: 27
Name and address of the contractor
Name: Goodbody Stockbrokers
National registration number: 4690101S
Postal address: Ballsbridge Park
Postal town: Dublin 4
Postal code: Ballsbridge
Phone: +353 16416071📞
E-mail: linda.p.clarke@goodbody.ie📧
Fax: +353 16670410 📠
URL: http://www.goodbody.ie🌏 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
2️⃣8️⃣
Contract Number: 28
Name and address of the contractor
Name: HSBC Bank Plc
National registration number: GB 365 684 514
Postal address: 8 Canada Square
Phone: +44 2079922855📞
E-mail: himesh.patel@hsbc.com📧 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
2️⃣9️⃣
Contract Number: 29
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
3️⃣0️⃣
Contract Number: 30
Name and address of the contractor
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📧 Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
3️⃣1️⃣
Contract Number: 31
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 💰
Total value of the contract/lot: EUR 1 💰
Source: OJS 2018/S 199-452129 (2018-10-11)