📑Single party framework for the provison of independent company pension advisory services to horse racing Ireland and subsidiaries
Procurement process summary
This process is to purchase Single party framework for the provison of independent company pension advisory services to horse racing Ireland and subsidiaries.
This contract was awarded by 🇮🇪 Horse Racing Ireland (HRI) for an amount of EUR 280,000 to 1 supplier. It was published on 2018-01-18 through open
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
Buying entity🇮🇪 Horse Racing Ireland (HRI) Buying unitnot reported Publication date2018-01-18 Contest statusnot reported DescriptionHorse Racing Ireland (HRI) was established by the Irish Government under the Horse and Greyhound Racing Act 2001 and the Irish Horseracing Industry Act 1994. It is a commercial semi-state body that is responsible for the administration, promotion and development of Horse Racing in Ireland.The Contracting Authority is employing the open procedure to award this single party Framework Agreement. In accordance with the provisions governing the conduct of the open procedure, any interested economic operator may tender for appointment as the successful tenderer.Horse Racing Ireland and Subsidiaries operate a Defined Benefit Pension Scheme in association with the Turf Club and require an independent company advisor to provide advice in the following areas:(a) actuarial and consultancy services;(b) investment management advice and expertise.For a detailed description of services please refer to the attached Invitation to Tender document.Awards
This award was granted to Joseph G. Byrne and Sons Consulting Actuaries Limited by Horse Racing Ireland (HRI) for an amount of EUR 280,000. The procurement process was conducted through open for the category of services. This is award number 1.
| Supplier | Amount | Award number |
|---|---|---|
| 🇮🇪 Joseph G. Byrne and Sons Consulting Actuaries Limited | EUR 280,000 | 1 |
Market context and opportunities
The execution of this contract allows the entity Horse Racing Ireland (HRI) 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 NumberIE_ocds-70d2nz-2ecb0212-be96-44f4-958c-b4d02036c17e-award-1Publication date2018-01-18Contract datenot reportedAward datenot reportedCategoriesservicesPurchase modalityopenMethod detailspt_openStatusnot reportedData sources
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