8090 CIÉ Pensions Actuarial Services and Investment Advisory Services

Iarnrod Eireann-Irish Rail

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.

Who? What? Where?
Procurement history
Date Document
2023-12-20 Contract notice
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 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

1️⃣
Internal identifier: 1
Title: Actuarial services-RWS
Additional products/services: Maximum renewals: 2
Title
Lot Identification Number: LOT-0001

2️⃣
Internal identifier: 2
Title: Actuarial services-1951 Scheme
Title
Lot Identification Number: LOT-0002

3️⃣
Internal identifier: 3
Title: Investment advisory services-RWS
Title
Lot Identification Number: LOT-0003

4️⃣
Internal identifier: 4
Title: Investment advisory services-1951 Scheme
Title
Lot Identification Number: LOT-0004

Procedure
Type of procedure
Negotiated procedure with prior call for competition
Legal basis: Directive 2014/25/EU
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 🗣️
Tendering terms
Tenderers may submit more than one tender
A certain legal form must be taken by a group of tenderers that is awarded a contract
Place: https://www.etenders.gov.ie/epps/cft/prepareViewCfTWS.do?resourceId=2840114
The contract has performance execution conditions

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

Contracting authority
Name and addresses
Name: Iarnród Eireann-Irish Rail
National registration number: 119571
Postal address: Inchicore
Postal code: Dublin 8
Postal town: Dublin
Country: Ireland 🇮🇪
E-mail: yan.minnock@irishrail.ie 📧
Phone: +353 1 703 4420 📞
Information exchange endpoint (URL): https://www.irishrail.ie 🌏
Address of the buyer profile: https://www.irishrail.ie 🌏
Type of the contracting authority
Body governed by public law
Main activity
General public services
Railway services
Communication
Documents URL: https://www.etenders.gov.ie/epps/cft/listContractDocuments.do?resourceId=2840114 🌏
Participation URL: https://www.etenders.gov.ie/epps/eawarding/showTenderList.do?resourceId=2840114 🌏
The criteria will be used to select the candidates to be invited for the second stage of the procedure
Electronic submission: Required

Complementary information
Review body
Name: The High Court of Ireland
National registration number: The High Court of Ireland
Department: 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)