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Services - 201143-2018

12/05/2018    S90

Belgium-Brussels: Study on the drivers of investments in equity by insurers and pension funds

2018/S 090-201143

Contract award notice

Results of the procurement procedure


Legal Basis:
Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses
Official name: European Commission — Directorate General for Financial Stability, Financial Services and Capital Markets Union
Postal address: SPA2, 07/029
Town: Brussels
NUTS code: BE100 Arr. de Bruxelles-Capitale / Arr. van Brussel-Hoofdstad
Postal code: 1049
Country: Belgium
Internet address(es):
Main address:
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

Study on the drivers of investments in equity by insurers and pension funds

Reference number: FISMA/2017/089/C
II.1.2)Main CPV code
79311400 Economic research services
II.1.3)Type of contract
II.1.4)Short description:

The purpose of the study is to identify and analyse quantitatively and qualitatively the drivers of investments in equity by insurers and pension funds.

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: 500 000.00 EUR
II.2.2)Additional CPV code(s)
72316000 Data analysis services
72314000 Data collection and collation services
79310000 Market research services
II.2.3)Place of performance
NUTS code: 00 Not specified
Main site or place of performance:

The tasks are to be performed on the premises designated by the contractor. A maximum of 5 coordination meetings are to be held in Brussels with the Contracting Authority.

II.2.4)Description of the procurement:

The Contractor shall firstly present and compare the relevant insurance and pension funds markets in and outside the EU, on the basis of detailed factsheets, and exhibit the trends in their equity investments. The Contractor shall then conduct interviews with insurance companies and pension funds to better understand the factors which influence their investment strategies. The interviews shall be supported by quantitative and qualitative information about the assets and liabilities of the companies considered, to ensure comparability across the interviews. The analyses of the markets and of the sample should help identifying the relevant drivers of investments in equity. The Contractor shall conduct separately an analysis of investments in equity related to unit-linked and indexed linked insurance contracts in the EU, as well as investments in equity made by defined contribution pension funds.

II.2.5)Award criteria
Quality criterion - Name: Quality and relevance of the proposed methodology for analysing the drivers of investments in equity by insurers and pension funds / Weighting: 80
Quality criterion - Name: Organisation of the work / Weighting: 10
Quality criterion - Name: Quality control measures / Weighting: 10
Price - Weighting: 30
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

See procurement documents.

Section IV: Procedure

IV.1.1)Type of procedure
Open procedure
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.2.1)Previous publication concerning this procedure
Notice number in the OJ S: 2017/S 243-505070
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

Contract No: FISMA/2017/089/C1/ST/OP

Study on the drivers of investments in equity by insurers and pension funds

A contract/lot is awarded: yes
V.2)Award of contract
V.2.1)Date of conclusion of the contract:
V.2.2)Information about tenders
Number of tenders received: 3
Number of tenders received from SMEs: 0
The contract has been awarded to a group of economic operators: no
V.2.3)Name and address of the contractor
Official name: Deloitte Bedrijfrevisoren CVBA
National registration number: 0429053863
Postal address: Gateway Building, Luchthaven Nationaal 1J
Town: Zaventem
Postal code: 1930
Country: Belgium
The contractor is an SME: no
V.2.4)Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: 500 000.00 EUR
Total value of the contract/lot: 486 400.00 EUR
V.2.5)Information about subcontracting
The contract is likely to be subcontracted

Section VI: Complementary information

VI.3)Additional information:
VI.4)Procedures for review
VI.4.1)Review body
Official name: General Court of the Court of Justice of the European Union
Postal address: rue du Fort Niedergrünewald
Town: Luxembourg
Postal code: 2925 Luxembourg
Country: Luxembourg
Telephone: +352 4303-1
Fax: +352 4303-2100
Internet address:
VI.4.3)Review procedure
Precise information on deadline(s) for review procedures:

Within 2 months of the notification to the plaintiff, or, in the absence thereof, of the day on which it came to knowledge. A complaint to the European Ombudsman does not have as an effect either to suspend nor to open a new period for lodging appeals.

VI.5)Date of dispatch of this notice: