Belgium-Brussels: Rating Services

Search Tenders

Finance & Insurance Belgium-Brussels: Rating Services

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:

Location: Belgium

General information

Donor:

European Commission, Directorate-General for Budget (BUDG), BUDG.E.4 - Policy and Legal Coordination

Industry:

Finance & Insurance

Status:

Closed

Timeline

Published:

12 Jun 2021

Deadline:

22 Nov 2021

Value:

1286000

Contacts

Phone:

+352 4303-1

Email: [email protected]
[email protected]

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: [email protected]
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: [email protected]
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

Featured tenders