Multiple Supplier Framework Agreement for the provision of Actuarial Services

Description

The general scope of the Services under the Framework Agreement is for the delivery of a wide range of actuarial services. This includes (but is not limited to) provision of actuarial expertise and assistance to the Central Bank across a range of areas of (re)insurance, conducting reviews of firms that are either regulated by the Central Bank, or are seeking authorization to be regulated by the Central Bank, and reporting on their findings. Lot 1: The general scope of the Services under the Framework Agreement is for the delivery of a wide range of actuarial services. This includes (but is not limited to) provision of actuarial expertise and assistance to the Central Bank across a range of areas of (re)insurance, conducting reviews of firms that are either regulated by the Central Bank, or are seeking authorization to be regulated by the Central Bank, and reporting on their findings. The figure in fields II.1.5 and II.2.6 represents the Central Bank’s best estimate of the anticipated total value. It is not possible to be definitive in this regard by virtue of the Central Bank’s variable demand for the relevant services. The figure represents an estimate only and does not amount to a guarantee that any purchases will be made pursuant to the Framework Agreement. The total value may be significantly lower, or indeed significantly higher than the figure in fields II.1.5 and II.2.6. Should the maximum spend be exceeded, the Central Bank would intend to re-tender the opportunity (subject always to the ability to make modifications pursuant to Article 72 of Directive 2014/24).