Córas Iompair Eireann (CIÉ) operates two defined benefit pension schemes: the CIÉ Pension Scheme for Regular Wages Staff covering all operative staff and the CIÉ Superannuation Scheme 1951 (Amendment) Scheme 2000 covering clerical, supervisory, executive, technical and professional staff (together “the Schemes”). Providers of pension actuarial services and investment advisory services are being sought to provide services in respect of the Schemes. It is envisaged that the services will be provided to the CIÉ Board and the Trustees of the Schemes and that there will be a separate contract for the CIÉ Board and the Trustees in respect of each Scheme. It is envisaged that the services will be split into two separate lots: Lot 1 – Actuarial services; and Lot 2 – Investment advisory services. Applicants may apply for one or both lots.
Deadline
The time limit for receipt of tenders was 2024-01-22.
The procurement was published on 2023-12-20.
Contract notice (2023-12-20) Object Scope of the procurement
Title: 8090 CIÉ Pensions Actuarial Services and Investment Advisory Services
Short description:
“Córas Iompair Eireann (CIÉ) operates two defined benefit pension schemes: the CIÉ Pension Scheme for Regular Wages Staff covering all operative staff and...”
Short description
Córas Iompair Eireann (CIÉ) operates two defined benefit pension schemes: the CIÉ Pension Scheme for Regular Wages Staff covering all operative staff and the CIÉ Superannuation Scheme 1951 (Amendment) Scheme 2000 covering clerical, supervisory, executive, technical and professional staff (together “the Schemes”). Providers of pension actuarial services and investment advisory services are being sought to provide services in respect of the Schemes. It is envisaged that the services will be provided to the CIÉ Board and the Trustees of the Schemes and that there will be a separate contract for the CIÉ Board and the Trustees in respect of each Scheme. It is envisaged that the services will be split into two separate lots: Lot 1 – Actuarial services; and Lot 2 – Investment advisory services. Applicants may apply for one or both lots.
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Type of contract: Services
Products/services: Group pension services📦 Information about lots
This contract is divided into lots ✅
Maximum number of lots that may be awarded to one tenderer: 4
Tenders may be submitted for maximum number of lots: 4
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Description of the procurement:
“Córas Iompair Eireann (CIÉ) operates two defined benefit pension schemes: the CIÉ Pension Scheme for Regular Wages Staff covering all operative staff and...”
Description of the procurement
Córas Iompair Eireann (CIÉ) operates two defined benefit pension schemes: the CIÉ Pension Scheme for Regular Wages Staff covering all operative staff and the CIÉ Superannuation Scheme 1951 (Amendment) Scheme 2000 covering clerical, supervisory, executive, technical and professional staff (together “the Schemes”). Providers of pension actuarial services and investment advisory services are being sought to provide services in respect of the Schemes. It is envisaged that the services will be provided to the CIÉ Board and the Trustees of the Schemes and that there will be a separate contract for the CIÉ Board and the Trustees in respect of each Scheme. It is envisaged that the services will be split into two separate lots: Lot 1 – Actuarial services; and Lot 2 – Investment advisory services. Applicants may apply for one or both lots.
Procedure Type of procedure
Negotiated procedure with prior call for competition ✅ Administrative information
Time limit for receipt of tenders or requests to participate: 2024-01-22 12:00:00 📅
Conditions for opening of tenders (place): https://www.etenders.gov.ie/epps/cft/prepareViewCfTWS.do?resourceId=2840114
Languages in which tenders or requests to participate may be submitted: English 🗣️
Legal, economic, financial and technical information Conditions for participation
List and brief description of rules and criteria:
“Selection Criteria Stated in the attached PQQ document”
Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them:
“See PQQ document” Conditions related to the contract
Contract performance conditions:
“n/a”
Complementary information Review body
Name: The High Court of Ireland
National registration number: The High Court of Ireland
Postal address: Four Courts, Inns Quay, Dublin 7
Postal code: D07 WDX8
Postal town: Dublin
Country: Ireland 🇮🇪
E-mail: highcourtcentraloffice@courts.ie📧
Phone: +353 1 8886000📞
Source: OJS 2023/S 247-783240 (2023-12-20)