Horse Racing Ireland (HRI) was established by the Irish Government under the Horse and Greyhound Racing Act 2001 and the Irish Horseracing Industry Act 1994. It is a commercial semi-state body that is responsible for the administration, promotion and development of Horse Racing in Ireland.
The successful tenderer will be providing retail banking services to Horse Racing Ireland which includes its subsidiaries Tote Ireland Ltd, Irish Thoroughbred Marketing Ltd along with the HRI Racecourse Division with a proviso that additional subsidiaries or associates may be added to the package at some point in the future. Please see the attached document for a full specification.
Deadline
The time limit for receipt of tenders was 2021-05-12.
The procurement was published on 2021-04-06.
Object Scope of the procurement
Title:
“Contract for the Provision of Banking Services to Horse Racing Ireland and Subsidiaries
Banking Services”
Products/services: Banking services📦
Short description:
“Horse Racing Ireland (HRI) was established by the Irish Government under the Horse and Greyhound Racing Act 2001 and the Irish Horseracing Industry Act...”
Short description
Horse Racing Ireland (HRI) was established by the Irish Government under the Horse and Greyhound Racing Act 2001 and the Irish Horseracing Industry Act 1994. It is a commercial semi-state body that is responsible for the administration, promotion and development of Horse Racing in Ireland.
The successful tenderer will be providing retail banking services to Horse Racing Ireland which includes its subsidiaries Tote Ireland Ltd, Irish Thoroughbred Marketing Ltd along with the HRI Racecourse Division with a proviso that additional subsidiaries or associates may be added to the package at some point in the future. Please see the attached document for a full specification.
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Estimated value excluding VAT: EUR 250 000 💰
1️⃣
Additional products/services: Banking and investment services📦
Additional products/services: Investment banking services and related services📦
Place of performance: Éire/Ireland🏙️
Main site or place of performance: Ireland.
Description of the procurement:
“Horse Racing Ireland (HRI) was established by the Irish Government under the Horse and Greyhound Racing Act 2001 and the Irish Horseracing Industry Act...”
Description of the procurement
Horse Racing Ireland (HRI) was established by the Irish Government under the Horse and Greyhound Racing Act 2001 and the Irish Horseracing Industry Act 1994. It is a commercial semi-state body that is responsible for the administration, promotion and development of Horse Racing in Ireland. HRI subsidiaries include Irish Thoroughbred Marketing Ltd (ITM), Tote Ireland Ltd and HRI Racecourse Division consisting of Leopardstown Racecourse, Fairyhouse Racecourse, Navan Racecourse, Tipperary Racecourse and Leopardstown Golf Centre. HRI Headquarters are located in Ballymany, Newbridge, Co. Kildare.
Horse Racing Ireland’s main aim for this tender is:
— a reduction in the cost of transactional banking processes through the minimisation of fees and charges;
— a secure, reliable and efficient service with documented and measurable performance criteria;
— to acquire value added banking services;
— to provide for a modern and future proof way of banking.
Although tendering for the provision of banking services, Horse Racing Ireland reserves the following:
— the right to invest cash with other institutions as it sees fit;
— the right to avail of loan facilities from other institutions as it sees fit.
The successful tenderer will be providing retail banking services to Horse Racing Ireland which includes its subsidiaries Tote Ireland Ltd, Irish Thoroughbred Marketing Ltd along with the HRI Racecourse Division with a proviso that additional subsidiaries or associates may be added to the package at some point in the future. Please see the attached document for a full specification.
Show more 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 250 000 💰
Duration of the contract, framework agreement or dynamic purchasing system
The time frame below is expressed in number of months.
Description
Duration: 120
Duration of the contract, framework agreement or dynamic purchasing system
This contract is subject to renewal ✅ Description
Description of renewals:
“In the first instance, a contract of five (5) years’ duration with an option to extend up to ten (10) years will be awarded to the successful tenderer...”
Description of renewals
In the first instance, a contract of five (5) years’ duration with an option to extend up to ten (10) years will be awarded to the successful tenderer emerging form this competitive process.
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Options ✅
Description of options:
“In the first instance, a contract of five (5) years’ duration with an option to extend up to ten (10) years will be awarded to the successful tenderer...”
Description of options
In the first instance, a contract of five (5) years’ duration with an option to extend up to ten (10) years will be awarded to the successful tenderer emerging form this competitive process.
Legal, economic, financial and technical information Conditions for participation
List and brief description of conditions:
“A grouping, if successful, may be required to contract as a single entity having joint and several liability but subject to the agreement of the contracting...”
List and brief description of conditions
A grouping, if successful, may be required to contract as a single entity having joint and several liability but subject to the agreement of the contracting parties. If it is proposed to subcontract the delivery of any portion of the contract, it may be a condition of award of contract that both the service provider and any proposed subcontractor enter simultaneously into a collateral warranty with the contracting authority for the relevant portion of the contract.
Show more 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
Administrative information
Time limit for receipt of tenders or requests to participate: 2021-05-12
12:00 📅
Languages in which tenders or requests to participate may be submitted: English 🗣️
Tender must be valid until: 2022-05-12 📅
Conditions for opening of tenders: 2021-05-12
12:00 📅
Complementary information Information about recurrence
This is a recurrent procurement ✅
Estimated timing for further notices to be published: 10 years.
Information about electronic workflows
Electronic invoicing will be accepted
Electronic payment will be used
Additional information
“1) Interested parties must register their interest on the eTenders website (www.etenders.gov.ie) in order to be included on the mailing list for...”
1) Interested parties must register their interest on the eTenders website (www.etenders.gov.ie) in order to be included on the mailing list for clarifications. All information relating to attachments, including clarifications and changes, will be published on the Irish Government Procurement Opportunities Portal (www.etenders.gov.ie) only. Registration is free of charge. The contracting authority will not accept responsibility for information relayed (or not relayed) via third parties;
2) This is the sole call for competition for this service;
3) The contracting authority will not be responsible for any costs, charges or expenses incurred by tenderers;
4) Establishment of the contract will be subject to the approval of the competent authorities;
5) It will be a condition of establishment that candidates and all subcontractors are fully tax compliant as part of their application for participation in the competition;
6) If for any reason it is not possible for the successful tenderer to deliver the contract following the conclusion of this competitive process, the contracting authority reserves the right to invite the next highest scoring tenderer to join the contract as appropriate. This shall be without prejudice to the right of the contracting authority to cancel this competitive process and/or initiate a new contract award procedure at its sole discretion;
7) At its absolute discretion, the contracting authority may elect to terminate this procurement process or the contract any time;
8) Please note in relation to all documents, that where reference is made to a particular standard, make, source, process, trademark, type or patent, that this is not to be regarded as a de facto requirement. In all such cases, it should be understood that such indications are to be treated strictly and solely for reference purposes only, to which the words ‘or equivalent’ will always be appended;
9) Without prejudice to the principle of equal treatment, the contracting authority is not obliged to engage in a clarification process in respect of tender submissions with missing or incomplete information. Therefore, tenderers are advised to ensure that they return fully completed submissions in order to avoid the risk of elimination from the competition.
Show more Review body
Name: The High Court
Postal address: Four Court, Inns Quay
Postal town: Dublin
Country: Ireland 🇮🇪
Phone: +353 18886000📞
E-mail: highcourtcentraloffice@courts.ie📧
URL: http://www.courts.ie🌏 Body responsible for mediation procedures
Name: Please consult your legal advisor
Postal town: Dublin
Country: Ireland 🇮🇪 Review procedure
Precise information on deadline(s) for review procedures:
“Statutory Instrument No 130 of 2010 (the Irish Remedies Regulations) provides that review procedures are available in the High Court to a person who has or...”
Precise information on deadline(s) for review procedures
Statutory Instrument No 130 of 2010 (the Irish Remedies Regulations) provides that review procedures are available in the High Court to a person who has or has had an interest in obtaining the contract (including the reviewable public contract) and alleges that he or she has been harmed or is at risk of being harmed by an infringement of the law in relation to the reviewable public contract.
Show more Service from which information about the review procedure may be obtained
Name: Please consult your legal advisor
Postal town: Dublin
Country: Ireland 🇮🇪
Source: OJS 2021/S 069-175828 (2021-04-06)