Provision of Information Security Resources to the Central Bank of Ireland
Value
€6.6m
Deadline
23 Feb
23 Feb 2024
Value
€6.6m
Deadline
23 Feb
Provision of information security resources to the Central Bank of Ireland over 2 years
Provision of information security resources to the Central Bank of Ireland over 2 years
Bidder profile
Mid-sized to large firms with experience in public sector information security services.
Risks & flags
- Qualification gate
- Two-step process
- Technical ambiguity
Briefing
AI-generated analysis of the documents. Check the official notice and any amendments for current submission details.
1. At a glance
| Field | Detail |
|---|---|
| Buyer | Central Bank of Ireland |
| Title | Provision of Information Security Resources to the Central Bank of Ireland |
| CPV / category | services |
| Estimated value | 6600000.00 |
| Per-year (if multi-year) | not stated |
| Procedure type | not stated |
| Lots | not stated |
| Location | Ireland |
| Contract length | 2 years |
| Submission deadline | 2024-02-23T12:00:00+00:00 |
| Go-live / start | not stated |
2. Scope of Work
Central Bank of Ireland ran this procurement for “Provision of Information Security Resources to the Central Bank of Ireland” as an operational contract requiring implementation and sustained service execution. The extracted pack showed qualification-stage material with references to later ITT technical depth; practical activity therefore centred on building, integrating, and operating the specified service stack with compliant reporting and handover obligations where stated. Constituent activities and named work elements in the supplied extracts:
- By supplying these numbers the Framework Member agrees that
- ITT SERVICES – MULTI SUPPLIER FRAMEWORK AGREEMENT
- 1.1.1 The Central Bank of Ireland (“Central Bank”) requires the services referred to below
- services (the “Competition”). This Invitation to Tender (“ITT”) sets out
- the nature of the services required (this section 1, and Appendix 1A);
- financial stability and by working to ensure that the financial system operates in the
- 1.3.1 This Competition offers interested service providers the opportunity to tender for a
- [Central Bank of Ireland - Provision of Information Security Resources - ITT.pdf] stability and by working to ensure that the financial system operates in the
- As described in more detail below, if the Central Bank needs such services while the
- Framework is in place, it can go to those service providers awarded a place on the
- Framework (“Framework Members”), rather than seeking the services more widely
- on the market. The services are more fully described in Appendix 1A (the “Services”) Non-binding monetary references in the source were treated as context only and were not used as qualification thresholds.
3. Background & buyer context
The buyer context reflected a formal Irish public-procurement route, with pre-qualification used to control entry into the tender stage.
- Services, and Tenderers should review the Contractor Policy Pack published on the
- Central Bank website at the following link: Contractor Policy Pack.
4. Eligibility & selection criteria
- Turnover requirement — — use these verbatim for insurance / turnover. If a category (insurance, turnover) has no entry here, treat it as 'not specified' for THIS tender.
- Insurance — — use these verbatim for insurance / turnover. If a category (insurance, turnover) has no entry here, treat it as 'not specified' for THIS tender.; Type of Insurance Level of Insurance Required Public Liability Insurance Minimum limit of indemnity €6.5 million in respect of any one incident or loss; Employers’ Liability Insurance Minimum limit of indemnity €13 million in respect of any one injury or accide
- Certifications — not specified for this tender
- Past experience — not specified for this tender
- Personnel — not specified for this tender
- Geographic / facility constraints — not specified for this tender Additional binding lines surfaced in the deterministic extract:
- — use these verbatim for insurance / turnover. If a category (insurance, turnover) has no entry here, treat it as 'not specified' for THIS tender.
- Type of Insurance Level of Insurance Required Public Liability Insurance Minimum limit of indemnity €6.5 million in respect of any one incident or loss
- Employers’ Liability Insurance Minimum limit of indemnity €13 million in respect of any one injury or accide
- Professional Indemnity Insurance Minimum limit of indemnity €6.5 million in respect of each and every claim
5. Award criteria & scoring
| Criterion | Weight (%) | Sub-criteria | Pass/fail threshold |
|---|---|---|---|
| Quality | not stated | Methodology / implementation detail not stated in extract | not stated |
| Price | not stated | Pricing basis not stated in extract | not stated |
| The documents indicated a staged process (qualification, then tender). Any explicit MEAT split is captured above where a numeric line was visible; otherwise it remained not specified in the provided text extract. |
6. Submission requirements
- Method statement / response document (template/page limits) — Appendix 1 questionnaire/PQQ response was required.
- CVs (page count, named roles) — not specified in extract.
- Pricing schedule (format/template) — expected at ITT stage.
- Case studies (number/value range) — client references/comparable project evidence was referenced.
- Declarations (ESPD/Bona Fides/Tax/COI) — ESPD/declaration/statement-of-confirmation language was present.
- Mandatory site visit — not specified in extract.
- Submission portal and formatting — eTenders portal and PDF electronic copies were referenced. Submission-related source lines:
- [Central Bank of Ireland - Provision of Information Security Resources - ITT.pdf] Central Bank of Ireland - PUBLIC
- Appendix 1A Requirements and Specifications
- the nature of the services required (this section 1, and Appendix 1A);
- [Central Bank of Ireland - Provision of Information Security Resources - ITT.pdf] (this section 1, and Appendix 1A);
- a Tenderer is eliminated from the Competition, even if it has in principle submitted
- Tender Documents, such query should be submitted to the Central Bank in
7. Key dates & process
| Milestone | Date |
|---|---|
| RFT issued | not specified |
| Clarification deadline | not specified |
| Mandatory site visit | not specified |
| Tender deadline (date + time) | 2024-02-23T12:00:00+00:00 |
| Expected award | not specified |
| Contract start | not specified |
| Go-live / mobilisation | not stated |
| Date surfaced in documents | 2024-02-23T12:00:00+00:00 |
| Date surfaced in documents | 12 January 2024 |
| Date surfaced in documents | 31 January 2024 |
| Date surfaced in documents | 12 February 2024 |
8. Contract terms that matter
Contract duration in the extract: 2 years. Payment cycle, SLA/KPI schedule, and penalty regime were not fully disclosed in the snippets unless listed below.
- VERIFIED PHRASES (deterministic regex extract from the documents — treat as authoritative for numerical claims)
- In consideration of payment by the Central Bank of the sum of €2.00 (the receipt and
- APPOINTMENT OF FRAMEWORK MEMBER AND TERM OF THE FRAMEWORK
- Framework Member accepts its appointment under the terms and conditions of this
- the Framework Term and the Framework Member confirms that these prices are not
- Framework Member each a “Recipient”, PROVIDED ALWAYS that the
- Framework Member each a “Recipient”, PROVIDED ALWAYS that the Framework Member shall
- If the Framework Member comprises a firm or partnership or one or more persons,
9. Risks, red flags & unusuals
- Qualification gate: the deterministic extract included a turnover threshold line (— use these verbatim for insurance / turnover. If a category (insurance, turnover) has no entry here, treat it as 'not specified' for THIS tender.), which can materially narrow bidder pool composition.
- The two-step process (PQQ then ITT) shifted effort to compliance evidence early, with competitive scoring detail potentially deferred.
- Technical and contractual granularity appeared ITT-dependent, increasing ambiguity at qualification stage for non-incumbent bidders.
10. SME fit assessment
This competition looked most accessible to firms with established public-sector tender capability, documented financial capacity, and direct operational experience in the relevant service category.
- Credible bidder profile — mid-sized to large specialist with formal QA/compliance process.
- Consortium / sub-contracting — allowed or addressed in the extracts (Appendix references and reliance provisions).
- Indicative bid-prep effort — 6 to 12 working days for evidence collation, form completion, and review cycles at PQQ level.
- Pwin signal — strongest for bidders with reusable qualification artefacts, comparable references, and low-friction mobilisation capability.
11. Where to dig deeper
- Source RFT/PQQ filenames: Central Bank of Ireland - Provision of Information Security Resources - ITT.pdf, ITT.pdf] Central Bank of Ireland - PUBLIC, ITT SERVICES – MULTI SUPPLIER FRAMEWORK AGREEMENT.
- eTenders CFT / notice reference: OJEU Notice and Issue of ITT.
- Clarification contact / portal: eTenders message portal (email not surfaced in extract).
- Key attachments to prioritise: Appendix 1A Requirements and Specifications, Appendix 1C Information Security, Appendix 2.
This tender has been awarded
- Accenture Limited (Primary Account) · 24 Mar 2025
- Cognizant Worldwide Limited · 24 Mar 2025
- Deloitte Ireland LLP · 24 Mar 2025
- Ekco Security Limited · 24 Mar 2025
- Ernst and Young · 24 Mar 2025
- Grant Thornton · 24 Mar 2025
- KPMG · 24 Mar 2025
- PFH Technology Group · 24 Mar 2025
- Rits · 24 Mar 2025
- PricewaterhouseCoopers (PwC), Ireland · 25 Feb 2025
Can you bid?
Required certifications
- Certified Information Systems Security Professional (CISSP)
- Certified Information Security Manager (CISM)
Minimum turnover
€80,000
Public liability insurance
€6,500,000
Professional indemnity insurance
€6,500,000
Scoring
Most Economically Advantageous Tender
Quality of proposed resources
Price
Lots (1)
Provision of skilled personnel for information security roles under a multi-supplier framework.
Documents (3)
Central Bank of Ireland - Provision of Information Security Resources - ITT.pdf
1.3 MB · RFT / Invitation to Tender
APPENDIX 3 PRICING SCHEDULE.pdf
682.7 KB · Pricing / BOQ / Schedule of Rates
APPENDIX 4 - FRAMEWORK AGREEMENT.pdf
1.1 MB · Contract / Agreement / Terms
Original notice text
The Central Bank of Ireland seeks to engage service providers for information security resources, focusing on implementation and sustained service execution to ensure compliance and operational stability.
AI analysis updated 4 months ago
Value
€6.6m
Deadline
23 Feb
Buyer
Central Bank of IrelandLocation
Services to be provided across Ireland.
Procedure
Open
Clarification
31 Jan 2024
eTenders ID
2926554
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