Provision of Actuarial Services for the Central Bank of Ireland

Central Bank of Ireland

The Central Bank is establishing a multi-party Framework Agreement for the provision of actuarial expertise and assistance to the Central Bank across a range of areas including; undertaking assessments, reviews, inspections or audits of pricing, product development, reserving, claims analysis, risk mitigation techniques (reinsurance and hedging), and investment strategies (โ€œSpecific Exercisesโ€) of (re)insurance undertakings regulated by the Central Bank and to report on (as required) their findings.

Deadline

The time limit for receipt of tenders was 2018-12-10. The procurement was published on 2018-11-08.

Who? What? Where?
Procurement history
Date Document
2018-11-08 Contract notice
Contract notice (2018-11-08)
Object
Scope of the procurement
Title: Actuarial services
Reference number: 2018P044
Short description:
The Central Bank is establishing a multi-party Framework Agreement for the provision of actuarial expertise and assistance to the Central Bank across a range of areas including; undertaking assessments, reviews, inspections or audits of pricing, product development, reserving, claims analysis, risk mitigation techniques (reinsurance and hedging), and investment strategies (โ€œSpecific Exercisesโ€) of (re)insurance undertakings regulated by the Central Bank and to report on (as required) their findings.
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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: Actuarial services ๐Ÿ“ฆ
Additional CPV: Financial and insurance services ๐Ÿ“ฆ
Place of performance
NUTS region: Dublin ๐Ÿ™๏ธ

Procedure
Procedure type: Open 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
Postal code: New Wapping Street,
Postal town: Dublin 1
Contact
Internet address: http://www.centralbank.ie ๐ŸŒ
E-mail: ann.healy@centralbank.ie ๐Ÿ“ง
URL for documents: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=137835&B=ETENDERS_SIMPLE ๐ŸŒ
URL for participation: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=137835&B=ETENDERS_SIMPLE ๐ŸŒ

Reference
Dates
Date dispatched: 2018-11-08 ๐Ÿ“…
Submission deadline: 2018-12-10 ๐Ÿ“…
Publication date: 2018-11-10 ๐Ÿ“…
Identifiers
Notice number: 2018/S 217-496502
OJ-S issue: 217
Additional information
All information relating to the tender will be published on www.etenders.gov.ie only RFT ID: 142202

Object
Scope of the procurement
Estimated total value: 1 200 000 EUR ๐Ÿ’ฐ
Estimated value excluding VAT: 1 200 000 EUR ๐Ÿ’ฐ
Duration: 48 months
Description of renewals:
Any Framework Agreement that may result from this Competition will be issued for a term of two (2) years (โ€œTermโ€). The Central Bank may extend the Term on the same terms and conditions for a period or periods of up to twelve (12) months with a maximum of twenty four (24) months.
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Renewal will be at the end of the term of the framework agreement that results from this competition.
Additional information:
All information relating to the tender will be published on www.etenders.gov.ie only RFT ID: 142202
Place of performance
Main site or place of performance: Dublin.

Procedure
Legal basis: 32014L0024
Number of participants to be contemplated: 10
Time of receipt of tenders: 12:00
Languages in which tenders or requests to participate may be submitted: English ๐Ÿ—ฃ๏ธ
Tender validity period: 6 months
Tender opening date: 2018-12-10 ๐Ÿ“…
Tender opening time: 12:00

Contracting authority
Identity
National registration number: N/a
Contact
Contact point: Ann Healy
Address of the buyer profile: https://irl.eu-supply.com/ctm/Company/CompanyInformation/Index/329 ๐ŸŒ
Documents URL: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=137835&B=ETENDERS_SIMPLE ๐ŸŒ

Reference
Additional information
Estimated timing for further notices: 2023
All information relating to the tender is published on www.etenders.gov.ie only RFT ID: 142202

Complementary information
Review body
Name: High Court
Postal town: Dublin
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
Source: OJS 2018/S 217-496502 (2018-11-08)