2026PR046 Request for Tenders (RFT) for a review of the NTMA organisational structure and future capabilities

AI-generated analysis of the documents. Check the official notice and any amendments for current submission details.

1. At a glance

2. Scope of Work

The NTMA seeks a consultant to review its organisational structure and future capabilities. This review is prompted by the agency's significant growth and evolving legislative mandates over the past decade. The contractor will assess whether the NTMA is optimally configured to deliver its mandates effectively over the next ten years.

The contractor's day-to-day activities will include:

• Review of Current Structures: Analysis of the six Business Units, three Corporate Functions, Executive Management Team, and Board committee structures.
• High-Level Assessment: Evaluation of the NTMA’s organisational capabilities required for the future, focusing on strategic oversight, risk management, and organisational resilience.
• Comparative Analysis: Benchmarking against a small number of relevant international peer organisations to inform structural choices.
• Stakeholder Engagement: Interaction with internal stakeholders, including Board members and senior management, primarily at NTMA premises.
• Reporting: Submission of a draft options report to the Steering Committee and a final report to the NTMA Board, detailing structural options and their implications.

The review is expected to be completed within three calendar months of contract award, with the final report anticipated in Q1 2027.

3. Background & buyer context

The NTMA operates as a state body with a commercial remit, providing asset and liability management services to the Government. The agency has evolved from managing national debt to overseeing a complex portfolio of public assets and liabilities. This procurement aligns with the NTMA's strategic goal to ensure its organisational structure supports its expanding mandates effectively. The review is timely due to the agency's growth and the need for a high-level assessment of its capabilities.

4. Eligibility & selection criteria

Bidders must meet the following minimum requirements to be evaluated:

• Turnover requirement: Not specified for this tender.
• Insurance:
• Employer’s Liability: €13 million
• Public Liability: €6.5 million
• Professional Indemnity: €1 million
• Certifications: Not specified for this tender.
• Past experience: Must have provided similar services to three clients within the last 36 months, including at least one public sector client.
• Personnel: Not specified for this tender.
• Geographic / facility constraints: Not specified for this tender.

Failure to meet any of these requirements will lead to elimination from the tender process.

5. Award criteria & scoring

Bids will be evaluated based on the following criteria:

The contract will be awarded based on the most economically advantageous tender, with a fixed fee evaluated using a specific formula. There are no minimum scoring thresholds specified.

6. Submission requirements

Bidders must submit the following documents:

• Method statement / response document: Use the named template with a maximum of 10 A4 pages.
• CVs: For key personnel, with no page limit specified.
• Pricing schedule: Use the specified template.
• Case studies: Details of three relevant projects, including approximate values.
• Declarations: Including ESPD, Bona Fides, Tax clearance, and Conflict of Interest.
• Mandatory site visit: Not specified.
• Submission portal: Tenders must be submitted via eTenders, adhering to any specific format rules outlined.

7. Key dates & process

8. Contract terms that matter

Key contract terms include:

• Term: Duration of the contract is not specified.
• Payment terms: Invoices will be paid within 30 days of receipt, contingent on satisfactory service delivery.
• Key SLAs/KPIs: Not specified.
• Liquidated damages: Not specified.
• Termination clauses: Not specified.
• IP ownership: All work products will be owned by the NTMA.
• Sub-contracting rules: Allowed, but must be disclosed in the tender.

9. Risks, red flags & unusuals

Potential risks and concerns include:

• The requirement for a minimum of three comparable projects may limit participation to larger firms with established public sector experience.
• The lack of specified contract length may create uncertainty regarding the duration of engagement.
• The absence of detailed SLAs or KPIs could lead to ambiguity in performance expectations.
• The NTMA reserves the right to modify the scope of services, which may affect project stability.

10. SME fit assessment

Small and medium-sized enterprises (SMEs) that can credibly bid should possess:

• Relevant experience in organisational reviews, particularly in public sector contexts.
• The capability to meet insurance requirements.
• A team with senior-level expertise in organisational structure analysis.

Consortium bidding is permitted, allowing smaller firms to collaborate. Preparation for the bid may require several days, depending on the complexity of the response. The incumbent's strength and the absence of a specified contract value may signal a competitive environment, but the lack of past winners mentioned suggests an open field.

11. Where to dig deeper

• Source RFT filename: 2026PR046 RFT for review of NTMA Organisational Structure.pdf
• eTenders CFT ID: Not specified.
• Contact email: Not specified.
• Important attachments: Appendix 1 – General Conditions, Appendix 2 – the Contract.