IT2929F Single Supplier Framework for the provision of Foreign Exchange Payment Services for higher education institutions

Education Procurement Service (EPS)

Single Supplier Framework for the provision of Foreign Exchange Payment Services for University College Cork, Maynooth University, University of Limerick, Dublin City University, University of Galway, Trinity College Dublin, University College Dublin and Technological University Dublin. Irish universities process significant volumes of payments to both domestic and international suppliers on an annual basis. The aim of this project is to engage the market to better understand how the processing of foreign exchange FX payments may be streamlined whilst ensuring value for money through the application of A fixed low cost or zero cost per transaction/A fixed or ceiling on the FX margin over the market rate. We now invite suitably qualified service providers to complete the attached pre-qualification questionnaire to demonstrate that they have the necessary resources and expertise to service this significant contract. The Universities are looking to build a strong relationship with a suitable provider to deliver an exceptional service. We expect the successful provider will be proactively looking at future advances in the FX payments space and ensuring the Universities are kept informed of market and regulatory developments.

Deadline

The time limit for receipt of tenders was 2024-10-11. The procurement was published on 2024-09-11.

Who? What? Where?
Procurement history
Date Document
2024-09-11 Contract notice
Contract notice (2024-09-11)
Object
Scope of the procurement
Title: IT2929F Single Supplier Framework for the provision of Foreign Exchange Payment Services for higher education institutions
Short description:
Single Supplier Framework for the provision of Foreign Exchange Payment Services for University College Cork, Maynooth University, University of Limerick, Dublin City University, University of Galway, Trinity College Dublin, University College Dublin and Technological University Dublin. Irish universities process significant volumes of payments to both domestic and international suppliers on an annual basis. The aim of this project is to engage the market to better understand how the processing of foreign exchange FX payments may be streamlined whilst ensuring value for money through the application of A fixed low cost or zero cost per transaction/A fixed or ceiling on the FX margin over the market rate. We now invite suitably qualified service providers to complete the attached pre-qualification questionnaire to demonstrate that they have the necessary resources and expertise to service this significant contract. The Universities are looking to build a strong relationship with a suitable provider to deliver an exceptional service. We expect the successful provider will be proactively looking at future advances in the FX payments space and ensuring the Universities are kept informed of market and regulatory developments.
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Type of contract: Services
Products/services: Foreign exchange services 📦
Information about lots
Tenders may be submitted for maximum number of lots: 0
Description
Internal identifier: 0
Estimated value excluding VAT: 1 100 000 EUR 💰
Additional products/services:
Country: Ireland 🇮🇪
Place of performance: Dublin 🏙️
Title
Lot Identification Number: LOT-0001

Procedure
Type of procedure
Negotiated procedure with prior call for competition ✅
Legal basis: Directive 2014/24/EU
Administrative information
Time limit for receipt of tenders or requests to participate: 2024-10-11 14:00:00 📅
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
Electronic invoicing: Allowed

Legal, economic, financial and technical information
Conditions for participation
List and brief description of rules and criteria: See published Documents
Exclusion ground: Purely national exclusion grounds

Contracting authority
Name and addresses
Name: Education Procurement Service (EPS)
National registration number: IE 6609370 G
Postal address: Castletroy Limerick
Postal code: V94 DK53
Postal town: Limerick
Country: Ireland 🇮🇪
E-mail: info@educationprocurementservice.ie 📧
Phone: 353 61233715 📞
URL: https://www.educationprocurementservice.ie/ 🌏
Address of the buyer profile: https://www.educationprocurementservice.ie/ 🌏
Type of the contracting authority
Body governed by public law
Main activity
Education
Communication
Documents URL: https://www.etenders.gov.ie/epps/cft/listContractDocuments.do?resourceId=4298768 🌏
Participation URL: https://www.etenders.gov.ie/epps/cft/viewTenders.do?resourceId=4298768 🌏
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 📞
Information about electronic workflows
Electronic invoicing will be accepted
Source: OJS 2024/S 178-549697 (2024-09-11)
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Region:
Éire/Ireland Ireland Eastern and Midland Dublin
Products/services:
Financial and insurance services Banking and investment services Banking services Central bank services International payment transfer services Foreign exchange services