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Services - 59463-2016

23/02/2016    S37

Belgium-Brussels: State aid assessment of impaired assets: valuation and resolution mechanisms

2016/S 037-059463

Prior information notice

This notice is for prior information only

Services

Legal Basis:
Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses
Official name: European Commission, Directorate-General for Competition
Town: Brussels
NUTS code: BE100 Arr. de Bruxelles-Capitale / Arr. van Brussel-Hoofdstad
Postal code: 1049
Country: Belgium
E-mail: comp-d3-d4-d5@ec.europa.eu
Internet address(es):
Main address: http://ec.europa.eu/competition/index_en.html
I.3)Communication
Additional information can be obtained from the abovementioned 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
II.1.1)Title:

State aid assessment of impaired assets: valuation and resolution mechanisms.

Reference number: COMP/2016/001.
II.1.2)Main CPV code
79410000 Business and management consultancy services
II.1.3)Type of contract
Services
II.1.4)Short description:

Several Member States supported some banks by providing relief for impaired assets. The Commission released in 2009 a communication paper on the ‘Treatment of impaired assets in the Community banking sector’. It assumes that the design of asset relief measures is primarily the responsibility of the Member State concerned, but their assessment under the State aid rules is the Commission's responsibility. For the assessment of valuation methods put forward by Member States for asset relief measures and their implementation in individual cases, the Commission could consult panels of valuation experts.

The Commission may also consult experts on the way to resolve problematic assets and associated liabilities envisaged by a Member State. Experts may be consulted on specific or general issues related to the compliance of the envisaged resolution mechanism with the conditions for finding aid compatible. These assessments will be done in the new SRM and BRRD's legislative context.

II.1.5)Estimated total value
Value excluding VAT: 10 000 000.00 EUR
II.1.6)Information about lots
This contract is divided into lots: yes
II.2)Description
II.2.1)Title:

Expert assistance to provide a thorough analysis of asset valuations in a short time-frame and State aid assessment of resolving problematic assets and associated liabilities.

Lot No: 1
II.2.2)Additional CPV code(s)
79410000 Business and management consultancy services
II.2.3)Place of performance
NUTS code: BE100 Arr. de Bruxelles-Capitale / Arr. van Brussel-Hoofdstad
Main site or place of performance:

The contractor's premises. Meetings may be held in the Commission's premises and/or in other premises defined in the specific contracts under the framework contract.

II.2.4)Description of the procurement:

State aid assessment of valuations of impaired assets — expert assistance to provide a thorough analysis of asset valuations in a short time-frame and State aid assessment of resolving problematic assets and associated liabilities.

II.2.14)Additional information
II.2)Description
II.2.1)Title:

Expert assistance to provide expertise on conceptual issues (theoretical and applied) relating to the treatment of impaired assets and their valuation.

Lot No: 2
II.2.2)Additional CPV code(s)
79410000 Business and management consultancy services
II.2.3)Place of performance
NUTS code: BE100 Arr. de Bruxelles-Capitale / Arr. van Brussel-Hoofdstad
Main site or place of performance:

The contractor's premises. Meetings may be held in the Commission's premises and/or in other premises defined in the specific contracts under the framework contract.

II.2.4)Description of the procurement:

State aid assessment of valuations of impaired assets — expert assistance to provide expertise on conceptual issues (theoretical and applied) relating to the treatment of impaired assets and their valuation.

II.2.14)Additional information
II.3)Estimated date of publication of contract notice:
04/04/2016

Section IV: Procedure

IV.1)Description
IV.1.8)Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: yes

Section VI: Complementary information

VI.3)Additional information:

The total maximum value of all the framework contracts is estimated to be 10 000 000 EUR for the maximum duration of 4 years, including renewals.

Lot 1: total estimated value of 8 800 000 EUR, with an indicative but not mandatory budget of 2 200 000 EUR for the first year.

Lot 2: total estimated value of 1 200 000 EUR, with an indicative but not mandatory budget of 300 000 EUR for the first year.

VI.5)Date of dispatch of this notice:
11/02/2016