Department of Finance Financial Panel ITT
Department of Finance
To assist in the performance of the Minister for Financeโs functions, the Department of Finance has issued this invitation to tender for the establishment of a framework for the provision of: (i) capital markets, strategic, M&A 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 Stateโs various investments in the banking sector, interests in the financial services industry in general, and in the carrying out of the Department of Financeโs functions.
DeadlineThe time limit for receipt of tenders was 2022-08-17. The procurement was published on 2022-07-14.
SuppliersThe following suppliers are mentioned in award decisions or other procurement documents:
- โข Bank of America BNP Paribas Citi Davy Deutsche Bank Goldman Sachs Goodbody JP Morgan Morgan Stanley
- โข Bank of America BNP Paribas Citi Davy Deutsche Bank Goldman Sachs Goodbody JP Morgan Morgan Stanley Rothschild
- โข EisnerAmper Goodbody KPMG PWC
- โข Banking and investment services โบ Investment banking services and related services
- โข Banking and investment services โบ Financial consultancy, financial transaction processing and clearing-house services
- โข รire/Ireland โบ Ireland
| Date | Document |
|---|---|
| 2022-07-14 | Contract notice |
| 2022-10-18 | Contract award notice |
Object
Scope of the procurement
Title: Investment banking services and related services
Short description:
โTo assist in the performance of the Minister for Financeโs functions, the Department of Finance has issued this invitation to tender for the establishment...โ
Notice metadata
Original language: English ๐ฃ๏ธ
Document type: Contract notice
Nature of contract: Services
Regulation: European Union, with participation of GPA countries
Common procurement vocabulary (CPV)
Code: Investment banking services and related services ๐ฆ
Additional CPV: Financial and insurance services ๐ฆ
Place of performance
NUTS region: รire/Ireland ๐๏ธ
Ireland ๐๏ธ
Procedure
Procedure type: Open procedure
Type of bid: Submission for all lots
Award criteria
The most economic tender
Contracting authority
Identity
Country: Ireland ๐ฎ๐ช
Awarding authority type: Ministry or any other national or federal authority
Awarding authority name: Department of Finance
Postal address: Block A, Miesian Plaza, Baggot Street
Postal code: eire
Postal town: Dublin 2
Contact
Internet address: http://www.finance.gov.ie ๐
E-mail: david.tuohy@finance.gov.ie ๐ง
Phone: +353 16045343 ๐
URL for documents: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=218901&B=ETENDERS_SIMPLE ๐
URL for participation: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=218901&B=ETENDERS_SIMPLE ๐
Reference
Dates
Date dispatched: 2022-07-14 ๐
Submission deadline: 2022-08-17 ๐
Publication date: 2022-07-19 ๐
Identifiers
Notice number: 2022/S 137-392191
OJ-S issue: 137
Object
Scope of the procurement
Estimated total value: 2 250 000 EUR ๐ฐ
Title of the lot: Capital Markets, Strategic, M&A Advice
Lot number: 1
Short description:
โAssist in the structuring and execution of a sale process to ensure the State achieves optimal execution in the context of a sale of securities by firms...โ
โIn the context of formulation of the Department of Financeโs privatisation strategy, executing strategic transaction(s) and general policy making with...โ
Show more (1)
โThis role may also include, but is not limited to, strategic and corporate finance advisory (e.g. industry expertise, mergers and acquisitions, valuation,...โ
Description of renewals:
โAnnual renewalโ
Title of the lot: General Financial Advice
Lot number: 2
Short description:
โProvide general advice to meet the future needs of the Department of Finance relating to proposals/new developments, due diligence, modelling or analysis in...โ
Title of the lot: Capital Markets Distribution Services
Lot number: 3
Short description:
โBookrunner(s) to participate in the sale and distribution of securities (inter alia shares and equity linked structured products) including by way of a...โ
Place of performance
Main site or place of performance:
โBaggot Street, Dublin 2โ
Procedure
Legal basis: 32014L0024
Time of receipt of tenders: 11:00
Languages in which tenders or requests to participate may be submitted: English ๐ฃ๏ธ
Tender opening date: 2022-08-17 ๐
Tender opening time: 11:00
Contracting authority
Identity
National registration number: N/a
Contact
Contact point: David Tuohy
Internet address: www.finance.gov.ie ๐
Address of the buyer profile: https://irl.eu-supply.com/ctm/Company/CompanyInformation/Index/310 ๐
Documents URL: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=218901&B=ETENDERS_SIMPLE ๐
Complementary information
Review body
Name: David Tuohy
Postal address: Block 1, Miesian Plaza, Baggot Street
Postal town: Dublin 2
Country: Ireland ๐ฎ๐ช
Phone: +353 16045343 ๐
E-mail: david.tuohy@finance.gov.ie ๐ง
Source: OJS 2022/S 137-392191 (2022-07-14)
Object
Scope of the procurement
Total value of the procurement: 2 250 000 EUR ๐ฐ
Notice metadata
Document type: Contract award notice
Procedure
Type of bid: Not applicable
Reference
Dates
Date dispatched: 2022-10-18 ๐
Publication date: 2022-10-21 ๐
Identifiers
Notice number: 2022/S 204-581854
Refers to notice: 2022/S 137-392191
OJ-S issue: 204
Additional information
โThe expected value of the contract is difficult to quantify given that the contract is a framework and the quantum of services to be drawn down is not...โ
Procedure
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%
Quality criterion (weighting): 35%
30%
Quality criterion (name): Strength of equity capital markets franchise
Quality of team and Strength of Resources
Award of contract
Date of contract conclusion: 2022-10-02 ๐
Name: Bank of America BNP Paribas Citi Davy Deutsche Bank Goldman Sachs Goodbody JP Morgan Morgan Stanley Rothschild
Postal town: London
Country: United Kingdom ๐ฌ๐ง
London ๐๏ธ
Total value of the procurement: 2 250 000 EUR ๐ฐ
Name: EisnerAmper Goodbody KPMG PWC
Postal town: Dublin
Country: Ireland ๐ฎ๐ช
Ireland ๐๏ธ
Name: Bank of America BNP Paribas Citi Davy Deutsche Bank Goldman Sachs Goodbody JP Morgan Morgan Stanley
Information about tenders
Number of tenders received: 10
5
9
Reference
Additional information
โThe expected value of the contract is difficult to quantify given that the contract is a framework and the quantum of services to be drawn down is not...โ
โAs the form does not appear to allow the inclusion of the names of number of different successful tenderers, I listed all successful tenderers in one box...โ
Show more (1)
โWhile the above is not entirely satisfactory, the form does not appear to be designed for frameworks where services to be delivered are unknown and the...โ