Services - 292823-2019

25/06/2019    S120    European Commission - Services - Contract notice - Open procedure 

Belgium-Brussels: Study on the creation of an EU consolidated tape

2019/S 120-292823

Contract notice

Services

Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses
European Commission - Directorate General for Financial Stability, Financial Services and Capital Markets Union
SPA2, 07/027
Brussels
1049
Belgium
E-mail: ec-fisma-contracts@ec.europa.eu
NUTS code: BE100

Internet address(es):

Main address: https://ec.europa.eu/info/departments/financial-stability-financial-services-and-capital-markets-union_en

I.2)Information about joint procurement
I.3)Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at: https://etendering.ted.europa.eu/cft/cft-display.html?cftId=5003
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be submitted electronically via: https://etendering.ted.europa.eu/cft/cft-display.html?cftId=5003
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:

Study on the creation of an EU consolidated tape

Reference number: FISMA/2019/026/C
II.1.2)Main CPV code
79310000
II.1.3)Type of contract
Services
II.1.4)Short description:

The study should provide a comprehensive analysis of the feasibility and conditions for the creation of a central source of consolidated EU trading data for various financial instruments. It should establish advantages and disadvantages of various possible EU consolidated tape models.

Specifically, the objectives of the contract are to:

1) Provide an in-depth analysis of potential users' needs for an EU consolidated tape.

2) Provide an in-depth assessment of the design of an EU consolidated tape.

II.1.5)Estimated total value
Value excluding VAT: 300 000.00 EUR
II.1.6)Information about lots
This contract is divided into lots: no
II.2)Description
II.2.1)Title:
II.2.2)Additional CPV code(s)
73210000
79311000
79311100
79311200
79311300
79311410
79314000
79311400
72321000
72322000
66171000
II.2.3)Place of performance
NUTS code: 00
Main site or place of performance:

The tasks are to be performed at the premises designated by the contractor. A maximum of 3 co-ordination meetings with the contracting authority will be held in Brussels.

II.2.4)Description of the procurement:

The study should assess the need to introduce consolidated tape for various financial instruments from the perspective of different users. It should examine the need for either a pre-and post trade or a post trade consolidated tape. The study should assess how the different types of market participants would make use of the consolidated tape (e.g. best execution, trade cost analysis).

The study should also analyse the existing consolidated tape frameworks. In this regard, it should provide not only a general description of the US and Canadian consolidated tape frameworks, but also an in-depth analysis of the functioning of those frameworks. The study should present possible scenarios for the architecture of a successful consolidated tape framework in the EU. The study should assess in those scenarios the merits of promoting competition between several consolidated tape providers, having regard to the efficiency and costs implications.

II.2.5)Award criteria
Criteria below
Quality criterion - Name: Quality and relevance of the proposed methodology / Weighting: 75
Quality criterion - Name: Organisation of the work / Weighting: 15
Quality criterion - Name: Quality control measures / Weighting: 10
Price - Weighting: 30
II.2.6)Estimated value
Value excluding VAT: 300 000.00 EUR
II.2.7)Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 6
This contract is subject to renewal: no
II.2.10)Information about variants
Variants will be accepted: no
II.2.11)Information about options
Options: no
II.2.12)Information about electronic catalogues
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 III: Legal, economic, financial and technical information

III.1)Conditions for participation
III.1.1)Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions:

See procurement documents.

III.1.2)Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3)Technical and professional ability
Selection criteria as stated in the procurement documents
III.1.5)Information about reserved contracts
III.2)Conditions related to the contract
III.2.1)Information about a particular profession
III.2.2)Contract performance conditions:

See procurement documents.

III.2.3)Information about staff responsible for the performance of the contract
Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract

Section IV: Procedure

IV.1)Description
IV.1.1)Type of procedure
Open procedure
IV.1.3)Information about a framework agreement or a dynamic purchasing system
IV.1.4)Information about reduction of the number of solutions or tenders during negotiation or dialogue
IV.1.6)Information about electronic auction
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
IV.2.2)Time limit for receipt of tenders or requests to participate
Date: 31/07/2019
Local time: 23:59
IV.2.3)Estimated date of dispatch of invitations to tender or to participate to selected candidates
IV.2.4)Languages in which tenders or requests to participate may be submitted:
Bulgarian, Czech, Danish, German, Greek, English, Spanish, Estonian, Finnish, French, Irish, Croatian, Hungarian, Italian, Lithuanian, Latvian, Maltese, Dutch, Polish, Portuguese, Romanian, Slovak, Slovenian, Swedish
IV.2.6)Minimum time frame during which the tenderer must maintain the tender
IV.2.7)Conditions for opening of tenders
Date: 02/08/2019
Local time: 15:00
Place:

Rue de Spa 2 (Maison de Maître), Room 'Poseidon', 1000 Brussels, Belgium.

Information about authorised persons and opening procedure:

A maximum of two representatives per tender may attend the opening session. For organisational and security reasons the tenderer must provide the full name, date of birth, nationality and ID or passport number of the representatives at least two working days in advance to: EC-FISMA-Contracts@ec.europa.eu

Section VI: Complementary information

VI.1)Information about recurrence
This is a recurrent procurement: no
VI.2)Information about electronic workflows
VI.3)Additional information:
VI.4)Procedures for review
VI.4.1)Review body
General Court of the Court of Justice of the European Union
Rue du Fort Niedergrünewald
Luxembourg
2925 Luxembourg
Luxembourg
Telephone: +352 4303-1
E-mail: generalcourt.registry@curia.europa.eu
Fax: +352 4303-2100

Internet address: http://curia.europa.eu/

VI.4.2)Body responsible for mediation procedures
VI.4.3)Review procedure
Precise information on deadline(s) for review procedures:

Within two months of the notification given to the plaintiff or, in the absence thereof, from the day it came to knowledge.

VI.4.4)Service from which information about the review procedure may be obtained
VI.5)Date of dispatch of this notice:
18/06/2019