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Belgium-Brussels: Rating Services

Belgium-Brussels: Rating Services has been closed on 22 Nov 2021. It no longer accepts any bids. For further information, you can contact the European Commission, Directorate-General for Budget (BUDG), BUDG.E.4 - Policy and Legal Coordination

Bellow, you can find more information about this project: 

General information
Donor:
European Commission, Directorate-General for Budget (BUDG), BUDG.E.4 - Policy and Legal Coordination
Industry:
Finance & Insurance
Status:
Closed
Value:
1286000
Timeline
Published:
12 Jun 2021
Deadline:
22 Nov 2021
Contacts
Name:
Not available
Phone:
+352 4303-1
Email:
Not available
Description

Contract award notice

Results of the procurement procedure

Services

Legal Basis:
Regulation (EU, Euratom) No 2018/1046

Section I: Contracting authority

I.1)Name and addresses
Official name: European Commission, Directorate-General for Budget (BUDG), BUDG.E.4 - Policy and Legal Coordination
Postal address: rue Montoyer, 15
Town: Brussels
NUTS code: BE1 Région de Bruxelles-Capitale / Brussels Hoofdstedelijk Gewest
Postal code: 1049
Country: Belgium
E-mail: BUDG-MAILBOX-E04-1@ec.europa.eu
Internet address(es):
Main address: https://ec.europa.eu/info/departments/budget_en
I.4)Type of the contracting authority
European institution/agency or international organisation
I.5)Main activity
General public services

Section II: Object

II.1)Scope of the procurement
II.1.1)Title:

Rating Services

Reference number: BUDG/LUX/2021/NP/0007
II.1.2)Main CPV code
66150000 Financial markets administration services
II.1.3)Type of contract
Services
II.1.4)Short description:

In order to borrow on the markets, the Commission as the Union's issuer needs a rating by the major international credit rating agencies.

II.1.6)Information about lots
This contract is divided into lots: no
II.1.7)Total value of the procurement (excluding VAT)
Value excluding VAT: 1 286 000.00 EUR
II.2)Description
II.2.2)Additional CPV code(s)
66150000 Financial markets administration services
II.2.3)Place of performance
NUTS code: BE Belgique / België
NUTS code: LU Luxembourg
II.2.4)Description of the procurement:

Rating services.

II.2.5)Award criteria
Price
II.2.11)Information about options
Options: no
II.2.13)Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information

Section IV: Procedure

IV.1)Description
IV.1.1)Type of procedure
Award of a contract without prior publication of a call for competition in the Official Journal of the European Union in the cases listed below
  • The works, supplies or services can be provided only by a particular economic operator for the following reason:
    • absence of competition for technical reasons
Explanation:

Pursuant to Article 164(5)(f) FR, the use of a negotiated procedure without prior publication of a contract notice, in the clearly defined exceptional circumstances set out in Annex I (point 11.1) FR is proposed: ‘where the works, supplies or services can only be provided by a single economic operator under the conditions set out in point 11.3 and for any of the following reasons: [...] (ii) competition is absent for technical reasons’. This provision concerns the exceptional situation where there is only one particular service provider, when no reasonable alternative or substitute exists and the absence of competition is not the result of an artificial narrowing down of the parameters when defining the procurement. The services required by the EC can only be provided by Fitch Ratings Ltd. The Commission needs to access these services that can be provided only by a single operator in the situation laid down under point 11.1 of Annex I FR.

IV.1.3)Information about a framework agreement or a dynamic purchasing system
IV.1.8)Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: yes
IV.2)Administrative information
IV.2.8)Information about termination of dynamic purchasing system
IV.2.9)Information about termination of call for competition in the form of a prior information notice

Section V: Award of contract

Title:

Credit Rating Services

A contract/lot is awarded: yes
V.2)Award of contract
V.2.1)Date of conclusion of the contract:
22/11/2021
V.2.2)Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators: no
V.2.3)Name and address of the contractor
Official name: Fitch Ratings Ltd
Postal address: 30 North Colonnade
Town: London
NUTS code: UK United Kingdom
Postal code: E14 5GN
Country: United Kingdom
The contractor is an SME: no
V.2.4)Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot: 1 286 000.00 EUR
V.2.5)Information about subcontracting

Section VI: Complementary information

VI.3)Additional information:
VI.4)Procedures for review
VI.4.1)Review body
Official name: General Court of the European Union
Postal address: rue du Fort Niedergrünewald
Town: Luxembourg
Postal code: L-2925
Country: Luxembourg
E-mail: GC.Registry@curia.europa.eu
Telephone: +352 4303-1
Internet address: http://curia.europa.eu
VI.4.3)Review procedure
Precise information on deadline(s) for review procedures:

Please consult the procurement documents available at the address indicated in Section I.3).

VI.5)Date of dispatch of this notice:
29/11/2021

http://ted.europa.eu/udl?uri=TED:NOTICE:620541-2021:TEXT:EN:HTML&src=0&tabId=2
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