📑Expert Valuation Support in the Context of the State Aid Framework Applicable to Financial Institutions
Procurement process summary
This process is to purchase Expert Valuation Support in the Context of the State Aid Framework Applicable to Financial Institutions.
This contract was awarded by 🇪🇺 European Commission, DG Competition for an amount of EUR 10,000,000 to 1 supplier. It was published on 2021-05-26 through open
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
Buying entity🇪🇺 European Commission, DG Competition Buying unitnot reported Publication date2021-05-26 Contest statusnot reported DescriptionThe Commission requires support from experts for specific valuation tasks related to the state aid framework applicable to financial institutions. Member states can provide support to financial institutions, including the possibility to provide compatible state aid. Such situations may include the application of the 2013 Banking Communication, the Bank Recovery and Resolution Directive (BRRD) as well as other relevant Guidance by the Commission like the impaired asset communication and the guarantee notice.The application of these legal frameworks regularly requires the valuation of certain asset portfolios and corresponding liabilities. With this framework contract, the Commission intends to select experts in two separate lots, related to:(i) providing expert support for such valuation work, as well as;(ii) expert support on conceptual and methodological questions related to such valuations.Awards
This award was granted to Deloitte Bedrijfsrevisoren/Reviseurs D’entreprises by European Commission, DG Competition for an amount of EUR 10,000,000. The procurement process was conducted through open for the category of services. This is award number 7.
This contract has multiple awards. This is award number 7. View other awards for this contract
| Supplier | Amount | Award number |
|---|---|---|
| 🇧🇪 Deloitte Bedrijfsrevisoren/Reviseurs D’entreprises | EUR 10,000,000 | 7 |
Market context and opportunities
The execution of this contract allows the entity European Commission, DG Competition to fulfill its public service objectives efficiently.
The open purchase modality ensures that the process is transparent and compliant with regulations.
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
This transparency in public procurement promotes fair competition, prevents corruption, and ensures that public resources are used efficiently for the benefit of citizens.
Additional data
Contract NumberEU_ocds-70d2nz-752aedc5-9cfa-4888-8e29-3d508d1fdde2-award-7Publication date2021-05-26Contract datenot reportedAward datenot reportedCategoriesservicesPurchase modalityopenMethod detailspt_openStatusnot reportedData sources
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