EEE050F-Single Supplier Framework for the Provision of Foreign Exchange Payment Services

Education Procurement Service (EPS)

Single Supplier Framework for the provision of Foreign Exchange Payment Services for University College Cork, National University of Ireland Maynooth, University of Limerick, Dublin City University, NUI Galway, Trinity College Dublin & University College Dublin.

Deadline

The time limit for receipt of tenders was 2019-07-01. The procurement was published on 2019-05-30.

Suppliers

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

Who? What? Where?
Procurement history
Date Document
2019-05-30 Contract notice
2021-11-18 Contract award notice
Contract notice (2019-05-30)
Object
Scope of the procurement
Title: Foreign exchange services
Reference number: EEE050F
Short description:
Single Supplier Framework for the provision of Foreign Exchange Payment Services for University College Cork, National University of Ireland Maynooth, University of Limerick, Dublin City University, NUI Galway, Trinity College Dublin & University College Dublin.
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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: Foreign exchange services ๐Ÿ“ฆ
Additional CPV: Banking and investment services ๐Ÿ“ฆ
Place of performance
NUTS region: ร‰ire/Ireland ๐Ÿ™๏ธ

Procedure
Procedure type: Competitive procedure with negotiation
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: Education Procurement Service (EPS)
Postal address: University of Limerick, Co. Limerick
Postal town: Castletroy
Contact
Internet address: http://www.educationprocurementservice.ie ๐ŸŒ
E-mail: eimear.brennan@ul.ie ๐Ÿ“ง
Phone: +353 61234901 ๐Ÿ“ž
URL for documents: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=148042&B=ETENDERS_SIMPLE ๐ŸŒ
URL for participation: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=148042&B=ETENDERS_SIMPLE ๐ŸŒ

Reference
Dates
Date dispatched: 2019-05-30 ๐Ÿ“…
Submission deadline: 2019-07-01 ๐Ÿ“…
Publication date: 2019-06-04 ๐Ÿ“…
Identifiers
Notice number: 2019/S 106-258959
OJ-S issue: 106
Additional information
All information relating to tenders is published on www.etenders.gov.ie only.

Object
Scope of the procurement
Estimated total value: 1 100 000 EUR ๐Ÿ’ฐ
Short description:
Single supplier framework for the provision of Foreign Exchange Payment Services for University College Cork, National University of Ireland Maynooth, University of Limerick, Dublin City University, NUI Galway, Trinity College Dublin and University College Dublin.
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Irish universities process significant volumes of payments to both domestic and international suppliers on an annual basis. The aim of this project is to engage the market to better understand how the processing of foreign exchange (FX) payments may be streamlined whilst ensuring value for money through the application of:
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โ€” a fixed low cost or zero cost per transaction,
โ€” a fixed or ceiling on the FX margin over the market rate.
We now invite suitably qualified service providers to complete the attached pre-qualification questionnaire to demonstrate that they have the necessary resources and expertise to service this significant contract. The Universities are looking to build a strong relationship with a suitable provider to deliver an exceptional service. We expect the successful provider will be proactively looking at future advances in the FX payments space and ensuring the Universities are kept abreast of market and regulatory developments.
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Estimated value excluding VAT: 1 100 000 EUR ๐Ÿ’ฐ
Duration: 24 months
Description of renewals:
The proposed contract will be for an initial period of 24 months. The Contracting Authority reserves the right to extend the contact for a further 2 periods of 12 months to a total of 4 years.
Additional information: All information relating to tenders is published on www.etenders.gov.ie only.

Legal, economic, financial and technical information
Conditions for participation
Suitability to pursue the professional activity: Please see RFT document for further details.
Economic and financial standing: Please see RFT document for further details.
Minimum level(s) of standards: Please see RFT document for further details.
Technical and professional ability: Please see RFT document for further details.
Contract execution
Contract performance conditions: Please see RFT document for further details.

Procedure
Legal basis: 32014L0024
Time of receipt of tenders: 14:00
Languages in which tenders or requests to participate may be submitted: English ๐Ÿ—ฃ๏ธ

Contracting authority
Identity
National registration number: IE 6609370 G
Contact
Contact point: Eimear Brennan
Address of the buyer profile: https://irl.eu-supply.com/ctm/Company/CompanyInformation/Index/87073 ๐ŸŒ
Documents URL: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=148042&B=ETENDERS_SIMPLE ๐ŸŒ

Complementary information
Review body
Name: Office of the High Court
Postal address: Four Courts Ground Floor, Inns Quay
Postal town: Dublin
Postal code: 7
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
Phone: +353 18886000 ๐Ÿ“ž
E-mail: highcourtcentraloffice@courts.ie ๐Ÿ“ง
Source: OJS 2019/S 106-258959 (2019-05-30)
Contract award notice (2021-11-18)
Object
Notice metadata
Document type: Contract award notice

Procedure
Type of bid: Not applicable

Contracting authority
Identity
Postal address: University of Limerick
Postal code: Co.Limerick

Reference
Dates
Date dispatched: 2021-11-18 ๐Ÿ“…
Publication date: 2021-11-23 ๐Ÿ“…
Identifiers
Notice number: 2021/S 227-598220
Refers to notice: 2019/S 106-258959
OJ-S issue: 227
Additional information
All information relating to tenders is published on www.etenders.gov.ie only

Object
Scope of the procurement
Short description:
Single Supplier Framework for the provision of Foreign Exchange Payment Services for University College Cork, National University of Ireland Maynooth,
University of Limerick, Dublin City University, NUI Galway, Trinity College Dublin & University College Dublin.
Irish universities process significant volumes of payments to both domestic and international suppliers on an annual basis. The aim of this project is to engage the market to better understand how the processing of foreign exchange (FX) payments may be streamlined whilst ensuring value for money through the application of
Show more
๏ƒ˜ A fixed low cost or zero cost per transaction
๏ƒ˜ A fixed or ceiling on the FX margin over the market rate.
We now invite suitably qualified service providers to complete the attached pre-qualification questionnaire to demonstrate that they have the necessary resources and expertise to service this significant contract. The Universities are looking to build a strong relationship with a suitable provider to deliver an exceptional service. We expect the successful provider will be proactively looking at future advances in the FX payments space and ensuring the Universities are kept abreast of market and regulatory developments.
Show more
Additional information:
All information relating to tenders is published on

Procedure
Award criteria
Quality criterion (name): Technical
Quality criterion (weighting): 65%
Price (weighting): 35%

Award of contract
Date of contract conclusion: 2020-12-21 ๐Ÿ“…
Name: Fexco Unlimited company
National registration number: 475943
Postal address: Iveragh Road
Postal town: Killorglin
Postal code: Kerry
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
Phone: +353 669761258 ๐Ÿ“ž
E-mail: ebucke@fexco.com ๐Ÿ“ง
Internet address: http://www.fexco.com ๐ŸŒ
Information about tenders
Number of tenders received: 4

Contracting authority
Contact
Contact point: Eimear Brennan
Source: OJS 2021/S 227-598220 (2021-11-18)