Foreign Exchange Services Qualification System
Details
- Topic
- Foreign exchange services
- Published
- 14 December 2023
- Source
- ie:e_tenders
Tender description
The CIÉ Group has a requirement to purchase and sell US dollars (USD), to purchase Pounds Sterling (GBP), to sell Canadian Dollar (CAD) and to Sell Australian Dollar (AUD) and uses foreign exchange contracts to fix our cost position. CIÉ buys USD to pay for fuel in the CIÉ Group. The amount required will depend on the forecasted fuel usage. CIÉ Tours International is a wholly owned subsidiary of CIÉ and is the largest inbound tour operator in Ireland. CIE Tours generate revenue in USD, CAD and AUD and these currencies are sold against EUR. CIE Tours also pay GBP to UK based suppliers for clients travelling in the UK. The CIÉ Group may also have a requirement to buy at spot rate to meet the needs of its activities
Timeline
- Completed: Award published14 December 2023Current notice
- Completed: Award date14 December 2023
About the buyer
Iarnród Eireann-Irish Rail operates Ireland's passenger and freight rail network as a subsidiary of CIÉ, with its own procurement department. Tenders are advertised on eTenders, the Irish government's official tendering platform. Procurement covers the goods, services and works needed to keep the network running safely. A Chief Civil Engineer oversees infrastructure works such as track, bridges and stations. Suppliers sign up to standard terms and conditions and a code of conduct set by the company. A published Sustainable Procurement Strategy, developed with the Supply Chain Sustainability School, shapes purchasing decisions across the business.
€29.5bn was the estimated value of contracts awarded across the Irish public sector in 2025.
Over the past 5 years, most of Iarnród Eireann-Irish Rail's contract awards have been in architectural and engineering services, transport equipment and construction work.
Relevant CPV codes
- 66180000 · Foreign exchange services
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@iarnrod-eireann-irish-rail.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@iarnrod-eireann-irish-rail.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@iarnrod-eireann-irish-rail.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@iarnrod-eireann-irish-rail.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@iarnrod-eireann-irish-rail.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@iarnrod-eireann-irish-rail.gov |
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