Treasury Cash Management Services

Dublin Port Company proposes to engage in a competitive process for the establishment of a framework agreement for provision of treasury cash management services. Dublin Port Company is currently holding surplus cash balances in the region of €100m to €150m and investing its surplus in call deposits and exchequer notes. …

CPV: 66600000 Treasury services, 79412000 Financial management consultancy services
Place of execution:
Treasury Cash Management Services
Awarding body:
Dublin Port Company_411
Award number:
0

1. Buyer

1.1 Buyer

Official name : Dublin Port Company_411
Legal type of the buyer : Body governed by public law
Activity of the contracting authority : General public services
Activity of the contracting entity : Water-related activities

2. Procedure

2.1 Procedure

Title : Treasury Cash Management Services
Description : Dublin Port Company proposes to engage in a competitive process for the establishment of a framework agreement for provision of treasury cash management services. Dublin Port Company is currently holding surplus cash balances in the region of €100m to €150m and investing its surplus in call deposits and exchequer notes. The amount of this surplus will decrease over time. Dublin Port has recently adopted a Treasury Cash Management Policy and is seeking an investment advisor to work with them on the implementation and execution of this policy. The policy focuses on liquidity and low risk with a time horizon of 1 to 3 years to suit the Company’s potential treasury requirements. Treasury objectives, in order of priority, are to; 1. Maintain robust operating liquidity at all times; 2. Position capital for investment in line with strategic objectives; 3. Hold medium to long-term reserves in a diversified portfolio that is cognisant of prevailing interest rates and inflation.
Procedure identifier : 31167d33-91ad-4d0e-ad18-bfae73aef48a
Previous notice : 59a9a3a1-37ad-4d2e-a3ac-e60109a76139-01
Type of procedure : Negotiated with prior publication of a call for competition / competitive with negotiation
The procedure is accelerated : no
Justification for the accelerated procedure :
Main features of the procedure :

2.1.1 Purpose

Main nature of the contract : Services
Main classification ( cpv ): 66600000 Treasury services
Additional classification ( cpv ): 79412000 Financial management consultancy services

2.1.2 Place of performance

Country subdivision (NUTS) : Dublin ( IE061 )
Country : Ireland

2.1.3 Value

Maximum value of the framework agreement : 1 250 000 Euro

2.1.4 General information

Legal basis :
Directive 2014/25/EU

5. Lot

5.1 Lot technical ID : LOT-0001

Title : Treasury Cash Management Services
Description : Dublin Port Company proposes to engage in a competitive process for the establishment of a framework agreement for provision of treasury cash management services. Dublin Port Company is currently holding surplus cash balances in the region of €100m to €150m and investing its surplus in call deposits and exchequer notes. The amount of this surplus will decrease over time. Dublin Port has recently adopted a Treasury Cash Management Policy and is seeking an investment advisor to work with them on the implementation and execution of this policy. The policy focuses on liquidity and low risk with a time horizon of 1 to 3 years to suit the Company’s potential treasury requirements. Treasury objectives, in order of priority, are to; 1. Maintain robust operating liquidity at all times; 2. Position capital for investment in line with strategic objectives; 3. Hold medium to long-term reserves in a diversified portfolio that is cognisant of prevailing interest rates and inflation.
Internal identifier : 0

5.1.1 Purpose

Main nature of the contract : Services
Main classification ( cpv ): 66600000 Treasury services
Additional classification ( cpv ): 79412000 Financial management consultancy services

5.1.2 Place of performance

Country subdivision (NUTS) : Dublin ( IE061 )
Country : Ireland
Additional information :

5.1.5 Value

Estimated value excluding VAT : 1 250 000 Euro

5.1.6 General information

Procurement Project not financed with EU Funds.
The procurement is covered by the Government Procurement Agreement (GPA) : yes

5.1.7 Strategic procurement

Aim of strategic procurement : No strategic procurement

5.1.15 Techniques

Framework agreement :
Framework agreement, without reopening of competition
Information about the dynamic purchasing system :
No dynamic purchase system

5.1.16 Further information, mediation and review

Review organisation : The High Court of Ireland
Organisation providing additional information about the procurement procedure : Dublin Port Company_411
TED eSender : European Dynamics S.A.

6. Results

6.1 Result lot ldentifier : LOT-0001

At least one winner was chosen.

6.1.2 Information about winners

Winner :
Official name : Davy
Tender :
Tender identifier : 000052298
Identifier of lot or group of lots : LOT-0001
Subcontracting : Not yet known
Contract information :
Identifier of the contract : 412208
Date of the conclusion of the contract : 12/09/2024
The contract is awarded within a framework agreement : no

8. Organisations

8.1 ORG-0001

Official name : Dublin Port Company_411
Registration number : 262367
Postal address : Port Centre, Alexandra Road, Dublin 1
Town : Dublin
Postcode : D01 H4C6
Country : Ireland
Telephone : +353 (0)1 8876000
Internet address : www.dublinport.ie
Buyer profile : www.dublinport.ie
Roles of this organisation :
Buyer
Organisation providing additional information about the procurement procedure

8.1 ORG-0002

Official name : Davy
Registration number : 4800408E
Postal address : Davy House, 49 Dawson St
Town : Dublin
Postcode : D02 PY05
Country : Ireland
Telephone : 016148985
Roles of this organisation :
Tenderer
Winner of these lots : LOT-0001

8.1 ORG-0003

Official name : The High Court of Ireland
Registration number : The High Court of Ireland
Department : The High Court of Ireland
Postal address : Four Courts, Inns Quay, Dublin 7
Town : Dublin
Postcode : D07 WDX8
Country : Ireland
Telephone : +353 1 8886000
Roles of this organisation :
Review organisation

8.1 ORG-0004

Official name : European Dynamics S.A.
Registration number : 002024901000
Department : European Dynamics S.A.
Town : Athens
Country : Greece
Telephone : +30 2108094500
Roles of this organisation :
TED eSender

11. Notice information

11.1 Notice information

Notice identifier/version : a6759ac3-c7e8-41c1-a1ac-93fa0fd1eba9 - 01
Form type : Result
Notice type : Contract or concession award notice – standard regime
Notice dispatch date : 07/11/2024 12:09 +00:00
Languages in which this notice is officially available : English

11.2 Publication information

Notice publication number : 00683320-2024
OJ S issue number : 218/2024
Publication date : 08/11/2024