Tender for the provision of financial risk management solutions for the Central Bank of Ireland

Central Bank of Ireland

This public procurement competition relates to the provision of Information Technology (IT) solutions to assist the Central Bank in the management of its investment portfolio and monetary policy activities.
In particular, the Central Bank requires IT solutions:
1) for measuring the Credit Risk of its holdings; and
2) for measuring the Market Risk of its investment portfolio; and
3) to assist with Strategic Asset Allocation decisions for its investment portfolio.

Deadline

The time limit for receipt of tenders was 2018-08-17. The procurement was published on 2018-07-13.

Suppliers

The following suppliers are mentioned in award decisions or other procurement documents:

Who? What? Where?
Procurement history
Date Document
2018-07-13 Contract notice
2018-11-30 Contract award notice
Contract notice (2018-07-13)
Object
Scope of the procurement
Title: Financial markets administration services
Reference number: 2017P081
Short description:
This public procurement competition relates to the provision of Information Technology (IT) solutions to assist the Central Bank in the management of its investment portfolio and monetary policy activities. In particular, the Central Bank requires IT solutions: 1) for measuring the Credit Risk of its holdings; and 2) for measuring the Market Risk of its investment portfolio; and 3) to assist with Strategic Asset Allocation decisions for its investment portfolio.
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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: Financial markets administration services ๐Ÿ“ฆ
Additional CPV: Business transaction and personal business software package ๐Ÿ“ฆ
Place of performance
NUTS region: ร‰ire/Ireland 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: ronan.gordon.contractor@centralbank.ie ๐Ÿ“ง
Phone: +353 12245136 ๐Ÿ“ž
URL for documents: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=132263&B=ETENDERS_SIMPLE ๐ŸŒ
URL for participation: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=132263&B=ETENDERS_SIMPLE ๐ŸŒ

Reference
Dates
Date dispatched: 2018-07-13 ๐Ÿ“…
Submission deadline: 2018-08-17 ๐Ÿ“…
Publication date: 2018-07-17 ๐Ÿ“…
Identifiers
Notice number: 2018/S 135-308605
OJ-S issue: 135

Object
Scope of the procurement
Short description:
This public procurement competition relates to the provision of Information Technology (IT) solutions to assist the Central Bank in the management of its investment portfolio and monetary policy activities.
In particular, the Central Bank requires IT solutions:
1) for measuring the Credit Risk of its holdings; and
2) for measuring the Market Risk of its investment portfolio; and
3) to assist with Strategic Asset Allocation decisions for its investment portfolio.
Estimated total value: 480 000 EUR ๐Ÿ’ฐ
Title of the lot: Credit Risk
Lot number: 1
Short description: Credit Risk measurement IT solution
Estimated value excluding VAT: 1 EUR ๐Ÿ’ฐ
Duration: 24 months
Description of renewals: Option to extend for an additional 24 months
Title of the lot: Market Risk
Lot number: 2
Short description: Market Risk measurement IT solution.
Description of renewals: Option to extend for a further 24 months.
Title of the lot: Strategic Asset Allocation
Lot number: 3
Short description: Strategic Asset Allocation IT solution.
Description of renewals: Option to extend for an additional 24 months.
Place of performance
Main site or place of performance: Dublin

Legal, economic, financial and technical information
Conditions for participation
Suitability to pursue the professional activity: Please refer to the ITT Document.
Contract execution
Contract performance conditions: Please refer to the ITT Document.

Procedure
Legal basis: 32014L0024
Time of receipt of tenders: 15:00
Languages in which tenders or requests to participate may be submitted: English ๐Ÿ—ฃ๏ธ
Tender validity period: 2019-02-17 ๐Ÿ“…
Tender opening date: 2018-08-17 ๐Ÿ“…
Tender opening time: 15:00

Contracting authority
Identity
National registration number: N/a
Contact
Contact point: Ronan Gordon
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=132263&B=ETENDERS_SIMPLE ๐ŸŒ

Complementary information
Review body
Name: The High Court of Ireland
Postal address: Four Courts
Postal town: Dublin
Postal code: 1
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
Phone: +353 18560000 ๐Ÿ“ž
Source: OJS 2018/S 135-308605 (2018-07-13)
Contract award notice (2018-11-30)
Object
Scope of the procurement
Short description:
This public procurement competition relates to the provision of Information Technology (IT) solutions to assist the Central Bank in the management of its investment portfolio and monetary policy activities. In particular, the Central Bank requires IT solutions: 1) For measuring the Credit Risk of its holdings and; 2) For measuring the Market Risk of its investment portfolio; and 3) To assist with Strategic Asset Allocation decisions for its investment portfolio.
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Total value of the procurement: 630 000 EUR ๐Ÿ’ฐ
Notice metadata
Document type: Contract award notice

Procedure
Type of bid: Not applicable
Award criteria
Lowest price

Reference
Dates
Date dispatched: 2018-11-30 ๐Ÿ“…
Publication date: 2018-12-04 ๐Ÿ“…
Identifiers
Notice number: 2018/S 233-533045
Refers to notice: 2018/S 135-308605
OJ-S issue: 233

Object
Scope of the procurement
Short description:
1) For measuring the Credit Risk of its holdings and;
2) For measuring the Market Risk of its investment portfolio; and
3) To assist with Strategic Asset Allocation decisions for its investment portfolio.
Credit risk measurement IT solution.
Market risk measurement IT solution.
Strategic Asset Allocation IT solution

Award of contract
Date of contract conclusion: 2018-11-27 ๐Ÿ“…
Name: MSCI Inc
National registration number: GB 927 3475 04
Postal address: Ten Bishops Square
Postal town: London
Postal code: City of London
Country: United Kingdom ๐Ÿ‡ฌ๐Ÿ‡ง
Phone: +44 2073369221 ๐Ÿ“ž
E-mail: lilly.schmit@msci.com ๐Ÿ“ง
Country: Camden and City of London ๐Ÿ™๏ธ
Internet address: http://www.msci.com ๐ŸŒ
Total value of the procurement: 1 EUR ๐Ÿ’ฐ
Information about tenders
Number of tenders received: 2
Source: OJS 2018/S 233-533045 (2018-11-30)