IT2929F Single Supplier Framework for the provision of Foreign Exchange Payment Services for higher education institutions

Single Supplier Framework for the provision of Foreign Exchange Payment Services for University College Cork, Maynooth University, University of Limerick, Dublin City University, University of Galway, Trinity College Dublin, University College Dublin and Technological University Dublin. Irish universities process significant volumes of payments to both domestic and international suppliers on …

CPV: 66100000 Banking and investment services, 66110000 Banking services, 66111000 Central bank services, 66115000 International payment transfer services, 66180000 Foreign exchange services
áit fhorghníomhaithe:
IT2929F Single Supplier Framework for the provision of Foreign Exchange Payment Services for higher education institutions
clárlann:
Education Procurement Service (EPS)
uimhir dámhachtana:
0

1. Buyer

1.1 Buyer

Official name : Education Procurement Service (EPS)
Legal type of the buyer : Body governed by public law
Activity of the contracting authority : Education

2. Procedure

2.1 Procedure

Title : IT2929F Single Supplier Framework for the provision of Foreign Exchange Payment Services for higher education institutions
Description : Single Supplier Framework for the provision of Foreign Exchange Payment Services for University College Cork, Maynooth University, University of Limerick, Dublin City University, University of Galway, Trinity College Dublin, University College Dublin and Technological University Dublin. Irish universities process significant volumes of payments to both domestic and international suppliers on an annual basis. The aim of this project is to engage the market to better understand how the processing of foreign exchange FX payments may be streamlined whilst ensuring value for money through the application of A fixed low cost or zero cost per transaction/A fixed or ceiling on the FX margin over the market rate. We now invite suitably qualified service providers to complete the attached pre-qualification questionnaire to demonstrate that they have the necessary resources and expertise to service this significant contract. The Universities are looking to build a strong relationship with a suitable provider to deliver an exceptional service. We expect the successful provider will be proactively looking at future advances in the FX payments space and ensuring the Universities are kept informed of market and regulatory developments.
Procedure identifier : 11baa872-d4a9-44be-8522-e19eb6e118eb
Previous notice : 5e93017b-2dc4-4b80-b335-7ed2879e7aa3-01
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 ): 66180000 Foreign exchange services
Additional classification ( cpv ): 66100000 Banking and investment services
Additional classification ( cpv ): 66110000 Banking services
Additional classification ( cpv ): 66111000 Central bank services
Additional classification ( cpv ): 66115000 International payment transfer services

2.1.2 Place of performance

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

2.1.3 Value

Maximum value of the framework agreement : 1 100 000 Euro

2.1.4 General information

Legal basis :
Directive 2014/24/EU

5. Lot

5.1 Lot technical ID : LOT-0001

Title : IT2929F Single Supplier Framework for the provision of Foreign Exchange Payment Services for higher education institutions
Description : Single Supplier Framework for the provision of Foreign Exchange Payment Services for University College Cork, Maynooth University, University of Limerick, Dublin City University, University of Galway, Trinity College Dublin, University College Dublin and Technological University Dublin. Irish universities process significant volumes of payments to both domestic and international suppliers on an annual basis. The aim of this project is to engage the market to better understand how the processing of foreign exchange FX payments may be streamlined whilst ensuring value for money through the application of A fixed low cost or zero cost per transaction/A fixed or ceiling on the FX margin over the market rate. We now invite suitably qualified service providers to complete the attached pre-qualification questionnaire to demonstrate that they have the necessary resources and expertise to service this significant contract. The Universities are looking to build a strong relationship with a suitable provider to deliver an exceptional service. We expect the successful provider will be proactively looking at future advances in the FX payments space and ensuring the Universities are kept informed of market and regulatory developments.
Internal identifier : 0

5.1.1 Purpose

Main nature of the contract : Services
Main classification ( cpv ): 66180000 Foreign exchange services
Additional classification ( cpv ): 66100000 Banking and investment services
Additional classification ( cpv ): 66110000 Banking services
Additional classification ( cpv ): 66111000 Central bank services
Additional classification ( cpv ): 66115000 International payment transfer services

5.1.2 Place of performance

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

5.1.3 Estimated duration

Start date : 21/03/2025
Duration end date : 20/03/2029

5.1.5 Value

Estimated value excluding VAT : 1 100 000 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

5.1.10 Award criteria

Criterion :
Type : Cost
Name :
Description : See published CFT Documents
Category of award threshold criterion : Weight (percentage, exact)
Award criterion number : 35
Criterion :
Type : Quality
Name :
Description : See published CFT Documents
Category of award threshold criterion : Weight (percentage, exact)
Award criterion number : 65
Description of the method to be used if weighting cannot be expressed by criteria :
Justification for not indicating the weighting of the award criteria :

5.1.12 Terms of procurement

Information about review deadlines : See published CFT Documents

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 -
Information about review deadlines : See published CFT Documents
Organisation providing offline access to the procurement documents : Education Procurement Service (EPS) -

6. Results

Maximum value of the framework agreements in this notice : 1 100 000 Euro

6.1 Result lot ldentifier : LOT-0001

At least one winner was chosen.
Framework agreement :
Maximum value of the framework agreement : 1 100 000 Euro

6.1.2 Information about winners

Winner :
Official name : Fexco Corporate Payments Ltd T/A "Fexco International Payments"
Tender :
Tender identifier : 000091497
Identifier of lot or group of lots : LOT-0001
Subcontracting : No
Contract information :
Identifier of the contract : 419712
Date on which the winner was chosen : 16/10/2024
Date of the conclusion of the contract : 21/03/2025

6.1.4 Statistical information

Received tenders or requests to participate :
Type of received submissions : Tenders submitted electronically
Number of tenders or requests to participate received : 2

8. Organisations

8.1 ORG-0001

Official name : Education Procurement Service (EPS)
Registration number : IE 6609370 G
Postal address : Castletroy Limerick
Town : Limerick
Postcode : V94 DK53
Country subdivision (NUTS) : Mid-West ( IE051 )
Country : Ireland
Telephone : 061233715
Roles of this organisation :
Buyer
Organisation providing offline access to the procurement documents

8.1 ORG-0002

Official name : Fexco Corporate Payments Ltd T/A "Fexco International Payments"
Registration number : 475943
Postal address : Iveragh Road,, Co. Kerry
Town : Killorglin
Postcode : V93 WN9T
Country subdivision (NUTS) : South-West ( IE053 )
Country : Ireland
Telephone : +353669738317
Internet address : www.fexco.com
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 subdivision (NUTS) : Dublin ( IE061 )
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
Postcode : 15125
Country subdivision (NUTS) : Βόρειος Τομέας Αθηνών ( EL301 )
Country : Greece
Telephone : +30 2108094500
Roles of this organisation :
TED eSender

11. Notice information

11.1 Notice information

Notice identifier/version : d5247116-e795-4d53-8a7a-43623d8502b3 - 01
Form type : Result
Notice type : Contract or concession award notice – standard regime
Notice dispatch date : 22/05/2025 12:41 +01:00
Languages in which this notice is officially available : English

11.2 Publication information

Notice publication number : 00333726-2025
OJ S issue number : 99/2025
Publication date : 23/05/2025