External Audit Services

Central Bank of Ireland

This public procurement competition relates to a requirement for the Central Bank to have external audits carried out by an independent auditor or a firm of auditors recommended by the Governing Council and approved by the EU Council, as required under Article 27.1 of the Statute of the European System of Central Banks (ESCB) and of the European Central Bank (ECB). The Central Bank is seeking a service provider for the provision of external audit services to the Central Bank. The services are more fully described in the procurement documents.

Deadline

The time limit for receipt of tenders was 2022-07-26. The procurement was published on 2022-06-22.

Suppliers

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

Who? What? Where?
Procurement history
Date Document
2022-06-22 Contract notice
2023-06-27 Contract award notice
Contract notice (2022-06-22)
Object
Scope of the procurement
Title: Statutory audit services
Reference number: 2022P034
Short description:
โ€œThis public procurement competition relates to a requirement for the Central Bank to have external audits carried out by an independent auditor or a firm of...โ€    Show more
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: Statutory audit services ๐Ÿ“ฆ
Additional CPV: Auditing services 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: tenders@centralbank.ie ๐Ÿ“ง
URL for documents: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=216835&B=ETENDERS_SIMPLE ๐ŸŒ
URL for participation: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=216835&B=ETENDERS_SIMPLE ๐ŸŒ

Reference
Dates
Date dispatched: 2022-06-22 ๐Ÿ“…
Submission deadline: 2022-07-26 ๐Ÿ“…
Publication date: 2022-06-27 ๐Ÿ“…
Identifiers
Notice number: 2022/S 121-344645
OJ-S issue: 121
Additional information

โ€œTenderers please note that the initial term of this Agreement shall be from the effective date and shall expire on the completion of the audit for the 2027...โ€    Show more

Object
Scope of the procurement
Estimated total value: 2 100 000 EUR ๐Ÿ’ฐ
Estimated value excluding VAT: 2 100 000 EUR ๐Ÿ’ฐ
Duration: 60 months
Description of renewals:
โ€œThe Central Bank has the right, at its discretion, to extend the Term for a further period or periods of up to the completion of the audits for the...โ€    Show more
Additional information:
โ€œTenderers please note that the initial term of this Agreement shall be from the effective date and shall expire on the completion of the audit for the 2027...โ€    Show more

Legal, economic, financial and technical information
Conditions for participation
Suitability to pursue the professional activity:
โ€œTenderers must be a member of a Prescribed Accountancy Body that comes within the supervisory remit of the Irish Auditing and Accounting Supervisory...โ€    Show more
Information about a particular profession: Services
Reference to relevant legislative or regulatory provisions:
โ€œTenderers must be a member of a Prescribed Accountancy Body that comes within the supervisory remit of the Irish Auditing and Accounting Supervisory...โ€    Show more

Procedure
Legal basis: 32014L0024
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: 16 months
Tender opening date: 2022-07-26 ๐Ÿ“…
Tender opening time: 12:00

Contracting authority
Identity
National registration number: N/a
Contact
Contact point: Geraldine Sherlock
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=216835&B=ETENDERS_SIMPLE ๐ŸŒ

Reference
Additional information
Estimated timing for further notices:
โ€œ5-7 yearsโ€

โ€œTenderers please note that the initial term of this Agreement shall be from the effective date and shall expire on the completion of the audit for the 2027...โ€    Show more

Complementary information
Review body
Name: The High Court
Postal address: Inns Quay
Postal town: Dublin
Postal code: Dublin 7
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
E-mail: highcourtcentraloffice@courts.ie ๐Ÿ“ง
Internet address: https://courts.ie/ ๐ŸŒ
Information about review deadlines:
โ€œAs set out at section 7 of the European Communities (Public Authoritiesโ€™ Contracts) (Review Procedures) Regulations SI 130/2010, as amended.โ€
Source: OJS 2022/S 121-344645 (2022-06-22)
Contract award notice (2023-06-27)
Object
Scope of the procurement
Reference number: 2022/S 121-344645
Short description:
โ€œCentral Bank of Ireland (the โ€œCentral Bankโ€) has a requirement for external audits to be carried out by an independent auditor or a firm of auditors...โ€    Show more
Total value of the procurement: 3 072 465 EUR ๐Ÿ’ฐ
Notice metadata
Document type: Contract award notice
Place of performance
NUTS region: Ireland ๐Ÿ™๏ธ

Procedure
Procedure type: Negotiated procedure without a call for competition
Type of bid: Not applicable

Contracting authority
Identity
Postal town: Dublin
Contact
Internet address: https://www.centralbank.ie/ ๐ŸŒ

Reference
Dates
Date dispatched: 2023-06-27 ๐Ÿ“…
Publication date: 2023-06-30 ๐Ÿ“…
Identifiers
Notice number: 2023/S 124-392708
Refers to notice: 2022/S 121-344645
OJ-S issue: 124
Additional information

โ€œThe figure in Sections II.1.7 and V.2.4 represents the Central Bankโ€™s best estimate of the anticipated total value, but it is not possible to be definitive...โ€    Show more

Procedure
Award criteria
Quality criterion (name): Mandatory requirements
Quality criterion (weighting): 0
Cost criterion (name): Price
Cost criterion (weighting): 0

Award of contract
Date of contract conclusion: 2023-06-02 ๐Ÿ“…
Name: Grant Thornton Ireland
Postal town: Dublin
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
Total value of the procurement: 3 072 465 EUR ๐Ÿ’ฐ
Information about tenders
Number of tenders received: 1

Complementary information
Review body
Name: High Court
Postal town: Dubin
Internet address: https://www.courts.ie/high-court ๐ŸŒ
Information about review deadlines:
โ€œPrecise information on deadline(s) for review procedures:โ€

โ€œSee Regulation 7 of SI 130/2010 as amended.โ€
Service from which information about the review procedure may be obtained
Name: High Court
Postal town: Dublin
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
E-mail: highcourtcentraloffice@courts.ie ๐Ÿ“ง
Internet address: https://courts.ie/ ๐ŸŒ
Source: OJS 2023/S 124-392708 (2023-06-27)