The Central Bank is seeking the provision and implementation of a Market Surveillance System inclusive of licensing, support and maintenance (together the “Solution”). The Solution will provide the Central Bank as a market regulator and supervisor with the capacity to monitor markets in financial instruments for the purpose of protecting market integrity through automated detection and follow-up analysis of possible instances of market abuse (insider dealing and market manipulation).
Please see attached documentation for more information.
Deadline
The time limit for receipt of tenders was 2022-03-18.
The procurement was published on 2022-02-04.
Suppliers
The following suppliers are mentioned in award decisions or other procurement documents:
Object Scope of the procurement
Title: Market Surveillance System
2020P010
Products/services: IT services: consulting, software development, Internet and support📦
Short description:
“The Central Bank is seeking the provision and implementation of a Market Surveillance System inclusive of licensing, support and maintenance (together the...”
Short description
The Central Bank is seeking the provision and implementation of a Market Surveillance System inclusive of licensing, support and maintenance (together the “Solution”). The Solution will provide the Central Bank as a market regulator and supervisor with the capacity to monitor markets in financial instruments for the purpose of protecting market integrity through automated detection and follow-up analysis of possible instances of market abuse (insider dealing and market manipulation).
Please see attached documentation for more information.
Show more
Estimated value excluding VAT: EUR 3 000 000 💰
The Central Bank is seeking the provision and implementation of a Market Surveillance System inclusive of licensing, support and maintenance (together the “Solution”). The Solution will provide the Central Bank as a market regulator and supervisor with the capacity to monitor markets in financial instruments for the purpose of protecting market integrity through automated detection and follow-up analysis of possible instances of market abuse (insider dealing and market manipulation).
The Solution must be capable of ingesting trading and market-related data from a number of sources and perform requisite processing and analysis in order to identify, on a daily basis, potential instances of market abuse. The Solution will also provide functionality to search and interrogate data for the purpose of investigating possible market abuse, and will incorporate robust and secure record keeping and tracking characteristics. The Solution will provide the Central Bank with the capacity to generate regular and ad-hoc reports based on the data contained within it. The Solution should incorporate an efficient and intuitive user interface incorporating effective and complementary visual and graphical display options and functionality.
Please see attached documentation for more information.
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 3 000 000 💰
Duration of the contract, framework agreement or dynamic purchasing system
The time frame below is expressed in number of months.
Description
Duration: 60
Duration of the contract, framework agreement or dynamic purchasing system
This contract is subject to renewal ✅ Description
Description of renewals:
“The duration of the Contract is intended to be five (5) years, although the Central Bank
has the right to terminate it earlier. The Central Bank also has...”
Description of renewals
The duration of the Contract is intended to be five (5) years, although the Central Bank
has the right to terminate it earlier. The Central Bank also has the right to extend the
duration of the Contract by any period or series of periods up to a total of four (4) years,
so that the Contract may ultimately have a maximum total duration of nine (9) years.
Legal, economic, financial and technical information 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
Previous publication concerning this procedure: 2020/S 250-623445
Time limit for receipt of tenders or requests to participate: 2022-03-18
17:00 📅
Languages in which tenders or requests to participate may be submitted: English 🗣️
The time frame below is expressed in number of months.
Minimum time frame during which the tenderer must maintain the tender: 12
Conditions for opening of tenders: 2022-03-18
17:00 📅
Complementary information Review body
Name: High Court
Postal address: Four Courts
Postal town: Dublin 7
Country: Ireland 🇮🇪
Phone: +353 18886511📞
E-mail: highcourtcentraloffice@courts.ie📧
Fax: +353 18886125 📠
URL: http://www.courts.ie/🌏
Source: OJS 2022/S 028-071785 (2022-02-04)
Additional information (2022-03-15)
Complementary information Original notice reference
Notice number in the OJ S: 2022/S 028-071785
Changes Text to be corrected in the original notice
Section number: IV.2.2)
Place of text to be modified: Time limit for receipt of tenders or requests to participate
Old value
Date: 2022-03-18 📅
Time: 17:00
New value
Date: 2022-04-19 📅
Time: 17:00
Source: OJS 2022/S 055-144440 (2022-03-15)
Contract award notice (2023-08-22) Object Scope of the procurement
Total value of the procurement (excluding VAT): EUR 3 438 504 💰
Award criteria
Quality criterion (name): Functional requirements
Quality criterion (weighting): 4500
Quality criterion (name): Technical requirements
Quality criterion (weighting): 3000
Quality criterion (name): Implementation
Quality criterion (weighting): 500
Price (weighting): 2000
Procedure Administrative information
Previous publication concerning this procedure: 2022/S 028-071785
Award of contract
1️⃣
Contract Number: 1
Title: Market Surveillance System
Date of conclusion of the contract: 2023-03-18 📅
Information about tenders
Number of tenders received: 3
Number of tenders received from SMEs: 1
Number of tenders received from tenderers from other EU Member States: 1
Number of tenders received from tenderers from non-EU Member States: 2
Number of tenders received by electronic means: 3
Name and address of the contractor
Name: Scila ab
National registration number: 556763469501
Postal address: Sveavägen 17
Postal town: Stockholm
Postal code: 11157
Country: Sweden 🇸🇪
E-mail: sales@scila.se📧
Region: Sverige 🏙️
URL: http://www.scila.se🌏
The contractor is an SME ✅ Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 3 000 000 💰
Total value of the contract/lot: EUR 3 438 504 💰
Complementary information Additional information
“Note that the estimated total value of the procurement as stated at II.1.7) and V.2.4) is an estimated figure only, representing estimated spend over the...”
Note that the estimated total value of the procurement as stated at II.1.7) and V.2.4) is an estimated figure only, representing estimated spend over the entire term, including an estimated figure for potential additional requirements. It represents the Central Bank’s best estimate of the anticipated total value of the contract at the date of award, but it is not possible to be definitive in this regard by virtue of the nature of the services involved.
Show more Review procedure
Precise information on deadline(s) for review procedures:
“In accordance with Regulation 7 of the European Communities (Public Authorities' Contracts) (Review Procedures) Regulations 2010, as amended.”
Source: OJS 2023/S 163-511247 (2023-08-22)