EirGrid has a requirement for administration, advisory and actuarial services for EirGrid Plc’s Pension Trustees for the Defined Benefit (DB) pension scheme, The EirGrid Pension Fund. This document provides a description of EirGrid’s requirements for this contract as well as details of the services we wish to procure under each Lot. It also provides information about the selection procedure. Candidates are invited to submit a qualification application for inclusion on the tender list for one or more of the applicable Lots in accordance with this PQQ. Candidates wishing to apply for more than 1 Lot must submit a full questionnaire for each Lot. Lot 1 – Administration Services (including Pensioner Payroll) Lot 2 – Scheme Actuarial Services and Risk Management Services Lot 3 – Advisory Services including Investment Management advice The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years The estimated value is: Lot 1 – €1M over the potential 8 years. Lot 2 - €700K over the potential 8 years. Lot 3 - €700K over the potential 8 years. Total - €2.4M
Deadline
The time limit for receipt of tenders was 2024-12-03.
The procurement was published on 2024-10-30.
Suppliers
The following suppliers are mentioned in award decisions or other procurement documents:
Contract notice (2024-10-30) Object Scope of the procurement
Title: ENQEIR914 – Administration and actuarial services for the EirGrid Pension Trustees
Short description:
EirGrid has a requirement for administration, advisory and actuarial services for EirGrid Plc’s Pension Trustees for the Defined Benefit (DB) pension scheme, The EirGrid Pension Fund. This document provides a description of EirGrid’s requirements for this contract as well as details of the services we wish to procure under each Lot. It also provides information about the selection procedure. Candidates are invited to submit a qualification application for inclusion on the tender list for one or more of the applicable Lots in accordance with this PQQ. Candidates wishing to apply for more than 1 Lot must submit a full questionnaire for each Lot. Lot 1 – Administration Services (including Pensioner Payroll) Lot 2 – Scheme Actuarial Services and Risk Management Services Lot 3 – Advisory Services including Investment Management advice The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years The estimated value is: Lot 1 – €1M over the potential 8 years. Lot 2 - €700K over the potential 8 years. Lot 3 - €700K over the potential 8 years. Total - €2.4M
EirGrid has a requirement for administration, advisory and actuarial services for EirGrid Plc’s Pension Trustees for the Defined Benefit (DB) pension scheme, The EirGrid Pension Fund. This document provides a description of EirGrid’s requirements for this contract as well as details of the services we wish to procure under each Lot. It also provides information about the selection procedure. Candidates are invited to submit a qualification application for inclusion on the tender list for one or more of the applicable Lots in accordance with this PQQ. Candidates wishing to apply for more than 1 Lot must submit a full questionnaire for each Lot. Lot 1 – Administration Services (including Pensioner Payroll) Lot 2 – Scheme Actuarial Services and Risk Management Services Lot 3 – Advisory Services including Investment Management advice The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years The estimated value is: Lot 1 – €1M over the potential 8 years. Lot 2 - €700K over the potential 8 years. Lot 3 - €700K over the potential 8 years. Total - €2.4M
Type of contract: Services
Products/services: Pension services📦 Information about lots
This contract is divided into lots ✅
Tenders may be submitted for maximum number of lots: 3
Tenders may be submitted for all lots ✅
1️⃣
Internal identifier: 1
Title: Administration Services (including Pensioner Payroll)
Estimated value excluding VAT: 1 000 000 EUR 💰
Description of the procurement:
EirGrid has a requirement for administration, advisory and actuarial services for EirGrid Plc’s Pension Trustees for the Defined Benefit (DB) pension scheme, The EirGrid Pension Fund. This document provides a description of EirGrid’s requirements for this contract as well as details of the services we wish to procure under each Lot. It also provides information about the selection procedure. Candidates are invited to submit a qualification application for inclusion on the tender list for one or more of the applicable Lots in accordance with this PQQ. Candidates wishing to apply for more than 1 Lot must submit a full questionnaire for each Lot. Lot 1 – Administration Services (including Pensioner Payroll) The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years The estimated value is: Lot 1 – €1M over the potential 8 years.
EirGrid has a requirement for administration, advisory and actuarial services for EirGrid Plc’s Pension Trustees for the Defined Benefit (DB) pension scheme, The EirGrid Pension Fund. This document provides a description of EirGrid’s requirements for this contract as well as details of the services we wish to procure under each Lot. It also provides information about the selection procedure. Candidates are invited to submit a qualification application for inclusion on the tender list for one or more of the applicable Lots in accordance with this PQQ. Candidates wishing to apply for more than 1 Lot must submit a full questionnaire for each Lot. Lot 1 – Administration Services (including Pensioner Payroll) The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years The estimated value is: Lot 1 – €1M over the potential 8 years.
Country: Ireland 🇮🇪
Place of performance: Dublin
🏙️
Maximum renewals: 3
Title
Lot Identification Number: LOT-0001
2️⃣
Internal identifier: 2
Title: Scheme Actuarial Services and Risk Management Services
Estimated value excluding VAT: 700 000 EUR 💰
Description of the procurement:
EirGrid has a requirement for administration, advisory and actuarial services for EirGrid Plc’s Pension Trustees for the Defined Benefit (DB) pension scheme, The EirGrid Pension Fund. This document provides a description of EirGrid’s requirements for this contract as well as details of the services we wish to procure under each Lot. It also provides information about the selection procedure. Candidates are invited to submit a qualification application for inclusion on the tender list for one or more of the applicable Lots in accordance with this PQQ. Candidates wishing to apply for more than 1 Lot must submit a full questionnaire for each Lot 2 – Scheme Actuarial Services and Risk Management Services. The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years The estimated value is: Lot 2 - €700K over the potential 8 years.
EirGrid has a requirement for administration, advisory and actuarial services for EirGrid Plc’s Pension Trustees for the Defined Benefit (DB) pension scheme, The EirGrid Pension Fund. This document provides a description of EirGrid’s requirements for this contract as well as details of the services we wish to procure under each Lot. It also provides information about the selection procedure. Candidates are invited to submit a qualification application for inclusion on the tender list for one or more of the applicable Lots in accordance with this PQQ. Candidates wishing to apply for more than 1 Lot must submit a full questionnaire for each Lot 2 – Scheme Actuarial Services and Risk Management Services. The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years The estimated value is: Lot 2 - €700K over the potential 8 years.
Title
Lot Identification Number: LOT-0002
3️⃣
Internal identifier: 3
Title: Advisory Services including Investment Management advice
Description of the procurement:
EirGrid has a requirement for administration, advisory and actuarial services for EirGrid Plc’s Pension Trustees for the Defined Benefit (DB) pension scheme, The EirGrid Pension Fund. This document provides a description of EirGrid’s requirements for this contract as well as details of the services we wish to procure under each Lot. It also provides information about the selection procedure. Candidates are invited to submit a qualification application for inclusion on the tender list for one or more of the applicable Lots in accordance with this PQQ. Candidates wishing to apply for more than 1 Lot must submit a full questionnaire for each Lot.Lot 3 – Advisory Services including Investment Management advice. The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years. The estimated value is: Lot 3 - €700K over the potential 8 years.
EirGrid has a requirement for administration, advisory and actuarial services for EirGrid Plc’s Pension Trustees for the Defined Benefit (DB) pension scheme, The EirGrid Pension Fund. This document provides a description of EirGrid’s requirements for this contract as well as details of the services we wish to procure under each Lot. It also provides information about the selection procedure. Candidates are invited to submit a qualification application for inclusion on the tender list for one or more of the applicable Lots in accordance with this PQQ. Candidates wishing to apply for more than 1 Lot must submit a full questionnaire for each Lot.Lot 3 – Advisory Services including Investment Management advice. The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years. The estimated value is: Lot 3 - €700K over the potential 8 years.
Title
Lot Identification Number: LOT-0003
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: 2024-12-03 12:00:00 📅
Languages in which tenders or requests to participate may be submitted: English 🗣️ Information about a framework agreement or a dynamic purchasing system
Framework agreement with several operators ✅ 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 ✅
The contract has performance execution conditions ✅
Legal, economic, financial and technical information Conditions for participation
Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them: please see PQQ document
Conditions related to the contract
Contract performance conditions: please see PQQ document
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 2024/S 214-666234 (2024-10-30)
Contract award notice (2026-04-08) Object Scope of the procurement
Estimated value excluding VAT: 2 400 000 EUR 💰
Maximum value of the framework agreements in this notice: 2 400 000 EUR 💰
Description
Estimated value excluding VAT: 1 000 000 EUR 💰
Description of the procurement:
EirGrid has a requirement for administration, advisory and actuarial services for EirGrid Plc’s Pension Trustees for the Defined Benefit (DB) pension scheme, The EirGrid Pension Fund. This document provides a description of EirGrid’s requirements for this contract as well as details of the services we wish to procure under each Lot. It also provides information about the selection procedure. Candidates are invited to submit a qualification application for inclusion on the tender list for one or more of the applicable Lots in accordance with this PQQ. Candidates wishing to apply for more than 1 Lot must submit a full questionnaire for each Lot. Lot 1 – Administration Services (including Pensioner Payroll) The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years The estimated value is: Lot 1 – €1M over the potential 8 years.
EirGrid has a requirement for administration, advisory and actuarial services for EirGrid Plc’s Pension Trustees for the Defined Benefit (DB) pension scheme, The EirGrid Pension Fund. This document provides a description of EirGrid’s requirements for this contract as well as details of the services we wish to procure under each Lot. It also provides information about the selection procedure. Candidates are invited to submit a qualification application for inclusion on the tender list for one or more of the applicable Lots in accordance with this PQQ. Candidates wishing to apply for more than 1 Lot must submit a full questionnaire for each Lot. Lot 1 – Administration Services (including Pensioner Payroll) The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years The estimated value is: Lot 1 – €1M over the potential 8 years.
Duration: 96 months
Estimated value excluding VAT: 700 000 EUR 💰
Description of the procurement:
EirGrid has a requirement for administration, advisory and actuarial services for EirGrid Plc’s Pension Trustees for the Defined Benefit (DB) pension scheme, The EirGrid Pension Fund. This document provides a description of EirGrid’s requirements for this contract as well as details of the services we wish to procure under each Lot. It also provides information about the selection procedure. Candidates are invited to submit a qualification application for inclusion on the tender list for one or more of the applicable Lots in accordance with this PQQ. Candidates wishing to apply for more than 1 Lot must submit a full questionnaire for each Lot. Lot…
… 2 – Scheme Actuarial Services and Risk Management Services. The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years The estimated value is: Lot 2 - €700K over the potential 8 years.
… 1 – Administration Services (including Pensioner Payroll) Lot 2 – Scheme Actuarial Services and Risk Management Services Lot 3 – Advisory Services including Investment Management advice The framework agreement period will be for an initial duration of Five(5)years with the option to extend annually for up to an additional Three(3) years The estimated value is: Lot 1 – €1M over the potential 8 years. Lot 2 - €700K over the potential 8 years. Lot 3 - €700K over the potential 8 years. Total - €2.4M
Award of contract
1️⃣
A contract/lot is awarded ✅
Lot Identification Number: LOT-0001
Contract Number: 438960
Date of conclusion of the contract: 2026-04-01 📅
Information about tenders
Number of tenders received: 2
Information on value of the contract/lot (excluding VAT)
Maximum value of the framework agreement: 1 000 000 EUR 💰
Tender identifier: 000114396
Identifier of lot or group of lots: LOT-0001 Name and address of the contractor
Name: Willis Towers Watson_33828
National registration number: 402562
Postal address: Elm Park, Merrion Road
Postal code: D04 P231
Postal town: Dublin 4
Region: Dublin
🏙️
Country: Ireland 🇮🇪
E-mail: will.mahony@wtwco.com📧
Phone: 0035316146849📞
URL: https://www.wtwco.com/en-ie🌏
Size of the economic operator: Medium
2️⃣
Lot Identification Number: LOT-0002 Information on value of the contract/lot (excluding VAT)
Maximum value of the framework agreement: 700 000 EUR 💰
Identifier of lot or group of lots: LOT-0002
3️⃣
Lot Identification Number: LOT-0003 Information about tenders
Number of tenders received: 3
Identifier of lot or group of lots: LOT-0003
Contracting authority Name and addresses
National registration number: 338522
Region: Dublin
🏙️
Complementary information Review body Dublin
🏙️ Service from which information about the review procedure may be obtained
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 2026/S 070-247076 (2026-04-08)