Software Development Tender – Software Components to Support Solvency II

Software Development Tender – Software Components to Support Solvency II

Lot 1 – “end to end” collection and business validation/plausibility checking (excluding XBRL Processing)
A product that collects a variety of data from external entities (Insurance Undertakings) securely, via a user interface and a business to business interface, and that provides secure user management capabilities.

United Kingdom-London: IT services: consulting, software development, Internet and support

2014/S 046-077244

Contract notice

Services

Directive 2004/18/EC

Section I: Contracting authority

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

Bank of England
Procurement, Bank of England, Threadneedle Street
For the attention of: Mrs Joanne Rule
EC2R 8AH London
UNITED KINGDOM
Telephone: +44 2034616811
E-mail: joanne.rule@bankofengland.co.uk

Internet address(es):

General address of the contracting authority: bankofenglandtenders.co.uk
Address of the buyer profile: bankofenglandtenders.co.uk

I.2)Type of the contracting authority

Body governed by public law
I.3)Main activity

Economic and financial affairs
I.4)Contract award on behalf of other contracting authorities

Section II: Object of the contract

II.1)Description
II.1.1)Title attributed to the contract by the contracting authority:

Provision of Software Components to Support Solvency II.
II.1.2)Type of contract and location of works, place of delivery or of performance

Services
Main site or location of works, place of delivery or of performance: UK.
NUTS code UKI

II.1.3)Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)
II.1.4)Information on framework agreement

Duration of the framework agreement

Duration in years: 3
Estimated total value of purchases for the entire duration of the framework agreement

Estimated value excluding VAT:
Range: between 800 000 and 1 200 000 GBP

II.1.5)Short description of the contract or purchase(s)

Solvency II is an EU Directive that intends to harmonise insurance supervision across Europe.
The PRA’s implementation programme includes policy negotiations, updating supervisory practice to meet new requirements and reviewing internal model applications from insurers.
The Bank of England is seeking to procure solutions across the following lots:
Lot 1 – “end to end” collection and business validation/plausibility checking (excluding XBRL Processing)
A product that collects a variety of data from external entities (Insurance Undertakings) securely, via a user interface and a business to business interface, and that provides secure user management capabilities. We expect to collect approximately 1000 files a month from approximately 500 firms, with each file ranging from 10 Mb – 200 Mb in size. A product that performs appropriate business data and plausibility validation on the data and that allows users to load, define, apply and maintain business data and plausibility validation rules.
Lot 2 – Data Collection capability
A product that collects a variety of data from external entities (Insurance Undertakings) securely, via a user interface and a business to business web service, and that provides secure user management capabilities. We expect to collect approximately 1000 files a month from approximately 500 firms, with each file ranging from 10 Mb – 200 Mb in size.
Lot 3 – Business data validation / plausibility checking capability
A product that performs appropriate business data and plausibility validation on the data and that allows users to load, define, apply and maintain business data and plausibility validation rules.
Lot 4 – Solvency II XBRL Processor
A product to process and validate EIOPA’s Solvency II XBRL instance files, and extract data for loading into other systems.
Please note that Lot 1 is made up of Lots 2 and 3 together. You are free to apply for either or both lots seperately, as well as lot 4.
II.1.6)Common procurement vocabulary (CPV)

72000000, 48000000

II.1.7)Information about Government Procurement Agreement (GPA)
II.1.8)Lots
II.1.9)Information about variants
II.2)Quantity or scope of the contract
II.2.1)Total quantity or scope:
II.2.2)Information about options
II.2.3)Information about renewals
II.3)Duration of the contract or time limit for completion

Duration in months: 36 (from the award of the contract)

Section III: Legal, economic, financial and technical information

III.1)Conditions relating to the contract
III.1.1)Deposits and guarantees required:
III.1.2)Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them:
III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:
III.1.4)Other particular conditions
III.2)Conditions for participation
III.2.1)Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers
III.2.2)Economic and financial ability
III.2.3)Technical capacity
III.2.4)Information about reserved contracts
III.3)Conditions specific to services contracts
III.3.1)Information about a particular profession
III.3.2)Staff responsible for the execution of the service

Section IV: Procedure

IV.1)Type of procedure
IV.1.1)Type of procedure

Restricted
IV.1.2)Limitations on the number of operators who will be invited to tender or to participate

Envisaged minimum number 5: and maximum number 8
IV.1.3)Reduction of the number of operators during the negotiation or dialogue
IV.2)Award criteria
IV.2.1)Award criteria

The most economically advantageous tender in terms of the criteria stated in the specifications, in the invitation to tender or to negotiate or in the descriptive document
IV.2.2)Information about electronic auction
IV.3)Administrative information
IV.3.1)File reference number attributed by the contracting authority:

JR/280
IV.3.2)Previous publication(s) concerning the same contract

no
IV.3.3)Conditions for obtaining specifications and additional documents or descriptive document
IV.3.4)Time limit for receipt of tenders or requests to participate

3.4.2014 – 12:00
IV.3.5)Date of dispatch of invitations to tender or to participate to selected candidates
IV.3.6)Language(s) in which tenders or requests to participate may be drawn up

English.
IV.3.7)Minimum time frame during which the tenderer must maintain the tender
IV.3.8)Conditions for opening of tenders

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: no
VI.2)Information about European Union funds

The contract is related to a project and/or programme financed by European Union funds: no
VI.3)Additional information
VI.4)Procedures for appeal
VI.4.1)Body responsible for appeal procedures
VI.4.2)Lodging of appeals
VI.4.3)Service from which information about the lodging of appeals may be obtained

VI.5)Date of dispatch of this notice:4.3.2014