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Services - 443961-2014

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30/12/2014    S250

Belgium-Brussels: Study on resource efficiency and fiduciary duties of investors

2014/S 250-443961

Contract award notice

Services

Directive 2004/18/EC

Section I: Contracting authority

I.1)Name, addresses and contact point(s)

Official name: European Commission, Directorate-General for the Environment, SRD.2 — Finance
Postal address: BU-9 01/005
Town: Brussels
Postal code: 1049
Country: Belgium
For the attention of: Markets Team
E-mail: env-tenders@ec.europa.eu
Telephone: +32 22960008

Internet address(es):

General address of the contracting authority: http://ec.europa.eu/environment/funding/calls_en.htm

I.2)Type of the contracting authority
European institution/agency or international organisation
I.3)Main activity
Environment
I.4)Contract award on behalf of other contracting authorities
The contracting authority is purchasing on behalf of other contracting authorities: no

Section II: Object of the contract

II.1)Description
II.1.1)Title attributed to the contract
Study on resource efficiency and fiduciary duties of investors.
II.1.2)Type of contract and location of works, place of delivery or of performance
Services
Service category No 12: Architectural services; engineering services and integrated engineering services; urban planning and landscape engineering services; related scientific and technical consulting services; technical testing and analysis services
Main site or location of works, place of delivery or of performance: 'Extra muros'.
NUTS code
II.1.3)Information about a framework agreement or a dynamic purchasing system (DPS)
II.1.4)Short description of the contract or purchase(s)
The role of investors as owners of part of the economy brings into question the legal interpretation of 'fiduciary duty', or preservation of the investor's best interest, in particular for asset managers, advisors or trustees. It is sometimes argued that fiduciary duty should encompass not only financial interests but also social and moral obligations, including environmental concerns. In addition, more and more studies show that resource efficiency and the environment are relevant in many cases for the financial returns of portfolio, their vulnerability to risk, and their long-term resilience. The question of fiduciary duty has also been identified as a key issue in the Resource Efficiency Finance Roundtable.
A study on this topic is therefore necessary in order to assess the existing frameworks as well as possible courses of action.
This study will study existing provisions on fiduciary duty in various Member States and outside the EU, as well as recent work on materiality and legal implications of integrating sustainability issues in fiduciary duty, and explore desirable options for this integration.
II.1.5)Common procurement vocabulary (CPV)

90700000 Environmental services

II.1.6)Information about Government Procurement Agreement (GPA)
The contract is covered by the Government Procurement Agreement (GPA): yes
II.2)Total final value of contract(s)
II.2.1)Total final value of contract(s)
Value: 104 150 EUR
Excluding VAT

Section IV: Procedure

IV.1)Type of procedure
IV.1.1)Type of procedure
Open
IV.2)Award criteria
IV.2.1)Award criteria
The most economically advantageous tender in terms of
1. Quality of the proposed methodology. Weighting 60
2. Organisation of the work. Weighting 30
3. Quality control measures. Weighting 10
IV.2.2)Information about electronic auction
An electronic auction has been used: no
IV.3)Administrative information
IV.3.1)File reference number attributed by the contracting authority
ENV.F.1/ETU/2014/0002.
IV.3.2)Previous publication(s) concerning the same contract

Prior information notice

Notice number in the OJEU: 2014/S 34-054570 of 18.2.2014

Contract notice

Notice number in the OJEU: 2014/S 76-130730 of 17.4.2014

Section V: Award of contract

Contract No: 070201/2014/694043/ETU /ENV.F.1
V.1)Date of contract award decision:
16.12.2014
V.2)Information about offers
Number of offers received: 6
V.3)Name and address of economic operator in favour of whom the contract award decision has been taken

Official name: Ernst & Young et Associés
Postal address: 1–2 place des Saisons, Paris la Défense 1
Town: Courbevoie
Postal code: 92400
Country: France

V.4)Information on value of contract
Initial estimated total value of the contract:
Value: 140 000 EUR
Excluding VAT
Total final value of the contract:
Value: 104 150 EUR
Excluding VAT
If annual or monthly value:
Number of months: 9,5
V.5)Information about subcontracting
The contract is likely to be sub-contracted: no

Section VI: Complementary information

VI.1)Information about European Union funds
The contract is related to a project and/or programme financed by European Union funds: no
VI.2)Additional information:
In line with Article 134.1(f) of the rules of application to the Financial Regulation No 966/2012 of 25.10.2012, during the 3 years following conclusion of the original contract, the contracting authority will be able to use the exceptional negotiated procedure for additional services (without prior publication of a contract notice) consisting in the repetition of similar services (up to a maximum of 50 % of the original contract value) entrusted to the economic operator awarded the initial contract by the same contracting authority.

Please note that this was previously published in the PIN OJ 2014/S 34-054570 of 18.2.2014 with the title 'Study on fiduciary duty and resource efficiency' and had a budget of 140 000 EUR. The budget for this contract was a range between 100 000 EUR and 140 000 EUR.

VI.3)Procedures for appeal
VI.3.1)Body responsible for appeal procedures

Official name: General Court
Postal address: rue du Fort Niedergrünewald
Town: Luxembourg
Postal code: 2925
Country: Luxembourg
E-mail: generalcourt.registry@curia.europa.eu
Telephone: +352 4303-1
Fax: +352 4303-2100
Internet address: http://curia.europa.eu

VI.3.2)Lodging of appeals
Precise information on deadline(s) for lodging appeals: Within 2 months of the notification to the plaintiff, or, in absence thereof, of the day on which it came to the knowledge. A complaint to the European Ombudsman does not have as an effect either to suspend this period or to open a new period for lodging appeals.
VI.3.3)Service from which information about the lodging of appeals may be obtained
VI.4)Date of dispatch of this notice:
18.12.2014