LETTER OF INVITATION TO TENDER

Brussels, 28/10/2015

SRB/Procurement

Dear Sir/Madam,

Subject: Open call for tenders SRB/OP/1/2015

PROVISION OF ACCOUNTING ADVICE, ECONOMIC & FINANCIAL VALUATION

SERVICES AND LEGAL ADVICE

1. The Single Resolution Board (hereinafter referred to as "the Contracting Authority" or

"the SRB") is planning to award the public contract referred to above. Please find

enclosed the related tender specifications (listing all the documents that must be

produced in order to submit a tender) and the draft Multiple Framework Service

Contract with reopening of competition.

2. If you are interested in this contract, you are hereby invited to submit a tender in one

original (containing original signatures where requested) and 2 copies in one of the

official languages of the European Union. The original version must be clearly labelled

"original" and the two copies "copy 1" and "copy 2". Your offer must include a cover

letter signed by the person(s) empowered to represent the tenderer and entitled to

sign the contract if your offer is successful.

3. In case of discrepancies, the paper copy marked original shall supersede. Tenderers

shall submit tenders both on paper as well as electronically:

a) either by registered post or by courier not later than 15/12/2015 24:00 CET, in

which case the evidence of the date of dispatch shall be constituted by the

postmark or the date of the deposit slip, to the address indicated below. You are

strongly advised to use registered mail or equivalent service guaranteeing the

traceability of your dispatch. In case of doubt, a tenderer may be asked to

provide proof of dispatch.

b) or delivered in person not later than 15/12/2015 17:00 CET to the address

indicated below. The offer must be deposited no later than the final date for

submission of offers only during the normal opening hours. In this case, a receipt

must be obtained as proof of submission, signed and dated by the official in the

Commission's central mail department who took delivery.

The Commission’s central mail department is open from 07.30 to 17.30 Monday

to Friday. It is closed on Saturdays, Sundays and official holidays of the

Commission.

By registered post:

CALL FOR TENDERS

SRB/OP/1/2015

Single Resolution Board SC27

Procurement Section,

Avenue Bourget 1/Bourgetlaan1

B-1049 Brussels, Belgium

By courier or delivered in person:

CALL FOR TENDERS

SRB/OP/1/2015

Single Resolution Board

Procurement Section,

Rue de la Science 27, Office 01/31

Brussels, Belgium

Tenders must be placed inside two sealed envelopes. Both the inner and outer

envelope, addressed as indicated above, should be marked as follows: "CALL FOR

TENDERS SRB/OP/1/2015 – NOT TO BE OPENED BY THE INTERNAL

MAIL DEPARTMENT". If self-adhesive envelopes are used, they must be sealed with

adhesive tape and the sender must sign across this tape.

The inner envelope must also contain two sealed envelopes, one containing the

technical tender and the other the financial tender. Each of these envelopes must

clearly indicate the content ("Technical" and "Financial").

4. Tenders must:

- be signed by a duly authorised representative of the tenderer;

- be perfectly legible so that there can be no doubt as to words and figures;

- be clear and concise;

- be assembled in a coherent fashion (e.g. bound or stapled) with all the pages

numbered;

- be drawn up using the model reply forms in the tender specifications (Annexes 2 to

6).

5. The period of validity of the tender, during which tenderers may not modify the terms

of their tenders in any respect, is 9 months from the final date for submission.

6. Submission of a tender implies acceptance of all the terms and conditions set out in

this invitation to tender, in the tender specifications and in the draft Multiple

Framework Service Contract and, where appropriate, waiver of the tenderer's own

general or specific terms and conditions. Submission of a tender is binding on the

tenderer to whom the contract is awarded for the duration of the contract.

7. Tenders will be opened in public session on 22/12/2015 at 10:00 CET at the SRB

Offices at Rue de la Science 27. One person representing the tenderer may be present

at the opening session. Companies wishing to attend are requested to notify their

intention by sending an e-mail to SRB-PROCUREMENT@ec.europa.eu at least 48 hours

in advance for security reasons. This notification must be signed by an authorised

officer of the tenderer and specify the name of the person who will attend the opening

of the bids on the tenderer's behalf. The tenderer's representatives will be required to

sign an attendance sheet but will not receive any minutes of the session.

8. All costs incurred during the preparation and submission of tenders are to be borne by

the tenderers and will not be reimbursed.

9. Contacts between the Contracting Authority and tenderers are prohibited throughout

the procedure save in exceptional circumstances and under the following conditions

only:

- Before the final date for submission of tenders:

* Potential tenderers may request clarifications with regard to the tender documents

and for the purpose of clarifying the nature of the contract.

* Any requests for additional information must be made in writing and sent to the

following email address SRB-PROCUREMENT@ec.europa.eu.

* The Contracting Authority is not bound to reply to requests for additional information

received less than five working days before the final date for submission of tenders.

* The Contracting Authority may, on its own initiative, inform interested parties of

any error, inaccuracy, omission or any other clerical error in the text of the call for

tenders.

* Any additional information including that referred to above will be published by the

Contracting Authority on the SRB website under the procurement section for this

tender. The website will be updated regularly and it is the tenderer's responsibility

to check for updates and modifications during the tendering period.

- After the opening of tenders

* If clarification is required or if obvious clerical errors in the tender need to be

corrected, the Contracting Authority may contact the tenderer provided the terms

of the tender are not modified as a result.

10. This invitation to tender is in no way binding on the Contracting Authority. The

Contracting Authority's contractual obligation commences only upon signature of the

contract with the successful tenderer.

11. Up to the point of signature, the Contracting Authority may either abandon the

procurement or cancel the award procedure, without the candidates or tenderers being

entitled to claim any compensation. This decision must be substantiated and the

candidates or tenderers notified.

12. Once the Contracting Authority has opened the tender, the document shall become the

property of the Contracting Authority and it shall be treated confidentially.

13. You will be informed of the outcome of this procurement procedure. It is your

responsibility to provide a valid e-mail address together with your contact details in

your tender and to check it regularly.

14. If processing your reply to the invitation to tender involves the recording and

processing of personal data (such as your name, address and CV), such data will be

processed pursuant to Regulation (EC) No 45/2001 on the protection of individuals

with regard to the processing of personal data by the Community institutions and

bodies and on the free movement of such data. Unless indicated otherwise, your

replies to the questions and any personal data requested are required to evaluate

your tender in accordance with the specifications of the invitation to tender and will be

processed solely for that purpose by the SRB. Details concerning

the processing of your personal data are available on the privacy statement at:

http://ec.europa.eu/dataprotectionofficer/privacystatement_publicprocurement_en.pdf

15. Your personal data may be registered in the Early Detection and Exclusion System

(EDES) if you are in one of the situations mentioned in Article 106 of the Financial

Regulation

. For more information, see the Privacy Statement on

http://ec.europa.eu/budget/explained/management/protecting/protect_en.cfm#BDCE )

Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council of 25 October 2012

on the financial rules applicable to the general budget of the Union and repealing Council Regulation (EC, Euratom)

No 1605/2002 (OJ L 298 of 26.10.2012, p. 1) as amended.

I look forward to receiving your tender in response to this call for tenders.

Yours sincerely,

(signed)

Elke König

Chair

Annexes: Tender specifications, draft Multiple Framework Service Contract and other

annexes

CALL FOR TENDERS

SRB/OP/1/2015

PROVISION OF ACCOUNTING ADVICE,

ECONOMIC & FINANCIAL VALUATION

SERVICES AND LEGAL ADVICE

TENDER SPECIFICATIONS

TABLE OF CONTENTS

1. INFORMATION ON TENDERING ............................................................................................................ 7

1.1 PARTICIPATION .......................................................................................................................................... 7

1.2 VOLUME OF THE MARKET .......................................................................................................................... 7

1.3 DURATION .................................................................................................................................................. 7

1.4 CONTRACTUAL CONDITIONS ..................................................................................................................... 7

1.5 LOTS ........................................................................................................................................................... 9

1.6 COLLABORATING WITH OTHER COMPANIES ............................................................................................. 9

1.7 JOINT TENDERS ........................................................................................................................................ 10

1.8 SUBCONTRACTING ................................................................................................................................... 10

1.9 CONTENT OF THE TENDER ....................................................................................................................... 12

1.10 IDENTIFICATION OF THE TENDERER: LEGAL CAPACITY AND STATUS ................................................... 12

2. EVALUATION AND AWARD .................................................................................................................... 13

2.1. EVALUATION STEPS ................................................................................................................................. 13

2.2. EXCLUSION CRITERIA .............................................................................................................................. 13

2.3. SELECTION CRITERIA .............................................................................................................................. 14

2.4. AWARD CRITERIA .................................................................................................................................... 18

2.5. TECHNICAL OFFER ................................................................................................................................... 20

2.6. FINANCIAL OFFER .................................................................................................................................... 20

3. TECHNICAL SPECIFICATIONS .............................................................................................................. 21

3.1 GENERAL BACKGROUND AND PURPOSE OF THE CONTRACT ................................................................ 21

3.2. CONTRACT SPECIFICATIONS ................................................................................................................... 22

3.2.1. GENERAL AND SPECIFIC OBJECTIVES OF THE LOTS ................................................................................ 22

3.2.2 LOT 1: ANALYSIS OF FINANCIAL STATEMENTS AND ACCOUNTING ADVICE ........................................... 22

3.2.3 LOT 2: ADVICE AND ASSISTANCE ON ECONOMIC VALUATION................................................................ 23

3.2.4 LOT 3: LEGAL ADVICE ............................................................................................................................... 23

3.3. PLACE OF WORK ....................................................................................................................................... 25

3.4. DELIVERABLES FOR LOTS 1 & 2 ............................................................................................................ 25

3.5. INDICATIVE TIMETABLE ........................................................................................................................... 25

ANNEX 1 – DRAFT MULTIPLE FRAMEWORK SERVICE CONTRACT ........................................ 26

ANNEX 2 - LETTER OF SUBMISSION OF TENDER ........................................................................... 27

ANNEX 3 - DECLARATION OF HONOUR EXCLUSION CRITERIA AND SELECTION

CRITERIA ............................................................................................................................................................... 31

ANNEX 4 – FINANCIAL OFFER ................................................................................................................... 36

ANNEX 5 - MODEL OF POWER OF ATTORNEY ................................................................................... 37

ANNEX 6 – MODEL OF LETTER OF INTENT FOR SUBCONTRACTOR ...................................... 41

1. INFORMATION ON TENDERING

1.1 PARTICIPATION

Participation in this tender procedure is open on equal terms to all natural and legal persons

coming within the scope of the Treaties.

1.2 VOLUME OF THE MARKET

The estimated maximum amount for the execution of all the assignments referred to in this

call for tenders is EUR forty (40) million for the full duration of the contract (i.e. 24 months

and the 2 optional renewals). This amount includes all charges and expenses, except the

travel and accommodation expenses and daily subsistence allowances.

Please note that the above figures are given for estimation purposes and that the

total value of the contract depends on the specific assignments.

The SRB reserves the right to use a negotiated procedure for increasing the ceiling of the

Multiple Framework Service Contract based on Article 134(1)(f) of the Rules of Application of

the Financial Regulation

1.3 DURATION

The duration of the contract resulting from the present call for tenders will have an initial

duration of 24 months from the date of signature of the Multiple Framework Service

Contract by the last contracting party for each lot. This contract may only be renewed up to

two (2) times in total, each time for an additional period of twelve months (12) months.

1.4 CONTRACTUAL CONDITIONS

The purpose of this tender procedure is the selection of up to a maximum of six (6)

tenderers per Lot for the provision of accounting advice, economic and financial valuation

services and legal advice.

The services specified in each lot will be the subject of Multiple Framework Service Contracts

with Reopening of Competition drawn up between the SRB and the successful tenderers

to whom the contract is awarded. The draft contract is annexed to the Invitation to Tender.

The purpose of this system is to put Contractors of the Multiple Framework Service

Contracts into competition at later stages. The Multiple Framework Service Contracts, as

the result of the present public procurement procedure – if successful – will be awarded

without any declared or effective priority or ranking amongst them.

The terms of the Multiple Framework Service Contracts will be the same for each contractor.

When preparing the offers, tenderers must take into consideration the conditions laid down

Commission Delegated Regulation (ER) Nr 1268/2012 of 29 October 2012 on the rules of application of

Regulation (EU, Euratom), No 966/2012 of the European Parliament and of the Council on the financial rules

applicable to the general budget of the Union (OJ L 362, 31.12.2012, p1)

in the draft Multiple Framework Service Contract and its annexes, submitting an offer means

that the tenderers accept them.

Procedure for Specific Contracts applicable for the Multiple Framework Service

Contracts:

The Multiple Framework Service Contracts will be implemented through Specific Contracts.

The procedure for the Specific Contracts shall be as follows:

a) Verification of conflict of interest:

Prior to each task, the SRB shall contact, by email, all the contractors of the Multiple

Framework Service Contract for the particular lot informing them about the specific

elements of the assignment concerned in order to determine whether there is a conflict of

interest. The contractors will, without undue delay, and in any event within two working

days, provide a duly signed declaration that the execution of the assignment will not be

vitiated by a conflict of interest. Reference is made to Annex IV of the draft Multiple

Framework Service Contract.

It should be noted that the SRB reserves the right to shorten the deadline for

submitting the declaration of absence of conflict of interest depending on the

nature and urgency of the specific assignment.

A conflict of interest or failure of the contractor(s) to meet the applicable deadline for the

submission of the declaration shall lead to the exclusion of the contractor from the

reopening of competition for the particular assignment.

Please note that confidentiality should be a key element of this verification process

and therefore all contractors need to have appropriate procedures in place to keep

information secret prior to and whilst performing a conflict of interest check.

b) Request for services:

Following the assessment of the declaration on the conflict of interest by the SRB,

a "Request for services with reopening of competition" shall be sent (via email) to the

contractors who are not in any conflict of interest and the request for services shall specify

the following:

- particular assignment and the services needed;

- the deadline for submitting a specific offer that is commensurate with the urgency and

relevance of the task to be executed;

- deliverables and reporting to be provided (if applicable);

- the duration of the service and the performance deadlines (if applicable);

- the number of meetings between SRB and the contractor (if applicable);

- payment instalments (if applicable).

Within the deadline specified in the "Request for services with reopening of competition", the

contractors will provide the SRB with a written specific offer (by email). It should be

noted that the deadline for receiving offers will depend on the nature and urgency

of the specific tasks.

In the event of failure to respect the particular deadline, the contractor shall be considered

as unavailable and shall be rejected from the mini competition of the Specific Contract.

The tenderer should bear in mind the provisions of the draft Multiple Framework Service

Contract which specifies the rights and obligations of the contractor, particularly those on

payments, performance of the contract, confidentiality, checks and audits.

c) Assignment under Specific Contracts:

The SRB will examine the specific offers received and the Specific Contract shall be awarded

in accordance with the award criteria stated in point 2.4.2 “Criteria for the award of the

Specific Contracts for Lots 1, 2 & 3” of these Tender Specifications.

Within five working days of a Specific Contract being sent by the SRB to the Contractor, the

SRB shall receive it back, duly signed and dated. It should be noted that the deadline

for receiving a Specific Contract will depend on the nature and urgency of the

specific assignments.

The period allowed for the execution of the assignments shall start to run on the date the

contractor signs the Specific Contract, unless a different date is indicated.

1.5 LOTS

 The tender is divided into 3 lots, as specified in the technical specifications (see section

3).

Table 1 – Division into Lots

Lot

Subject

Analysis of Financial Statements and Accounting Advice

Advice and Assistance on Economic and Financial Valuation

Legal Advice

 Any tenderer may submit tenders for any number of lots. The tenderer shall submit

a separate tender for each lot for which it is tendering, including all the

information required for the evaluation of the tender.

 It may indicate any price reduction it is prepared to grant in the event of being

awarded a contract either for all the lots or for a specified group of lots. It may also

make its tender conditional on being awarded all lots or particular specified lots.

 Any tender submitted for a particular lot must cover all the work required for that lot.

Tenders for only a part of a lot will not be accepted.

 The SRB reserves the right to award a contract for only some of the lots which are the

subject of this tender.

1.6 COLLABORATING WITH OTHER COMPANIES

Companies can consider two ways of collaborating in an offer: either as joint partners in the

offer or through subcontracting. Unless stated otherwise in the contract notice and/or the

tendering specifications, both joint offers and subcontracting are allowed in response to

a call for tenders issued by the SRB. Offers may even combine both approaches.

In any case, the bid must specify very clearly whether each company involved in the offer is

acting as a partner in a joint offer or as a subcontractor (this also applies where the various

companies involved belong to the same group, or even where one is the parent company of

the others).

The implications of these two modes of collaboration are radically different. So that you can

understand them both fully, they are outlined below.

1.7 JOINT TENDERS

A Joint tender is a situation where a tender is submitted by a group of economic operators

(consortium). Joint tenders may include subcontractors in addition to the joint tenderers.

All economic operators in a joint tender assume joint and several liability towards the

SRB for the performance of the contract as a whole. Nevertheless, tenderers must designate

a single point of contact for the SRB.

Statements saying, for instance:

- that one of the partners of the joint offer will be responsible for part of the contract

and another one for the rest , or

- that more than one contract should be signed if the joint offer is successful,

are thus incompatible with the principle of joint and several liability. The SRB will disregard

any such statement contained in a joint offer, and reserves the right to reject such offers

without further evaluation on the grounds that they do not comply with the tendering

specifications.

1.7.1 JOINT OFFERS WILL BE ASSESSED AS FOLLOWS:

- The exclusion criteria (see point 2.2 “Exclusion Criteria” of the Tender Specifications)

will be assessed in relation to each company individually.

- The selection criteria for economic, financial, technical and professional capacity (see

point 2.3 “Selection Criteria” of the Tender Specifications) will be assessed in relation

to the tendering group as a whole.

- The evaluation criteria (see point 2.4 “Award Criteria” of the Tender Specifications) will

be assessed in relation to the tender.

1.7.2 SHOULD TENDERERS WISH TO TENDER WITH A PARTNER AND HAVE ALREADY SET UP A

CONSORTIUM or similar entity to that end, this should be mentioned in the offer,

together with any other relevant information in this respect.

Should tenderers intend to submit a joint offer, it should be noted that, if awarded the

contract, the SRB will require the tenderer to give a formal status to the proposed

association before the contract is signed. This can take the form of:

- an entity with legal personality recognised by a Member State; or

- an entity without legal personality but offering sufficient protection of the SRBs

contractual interests (depending on the Member State concerned, this may be, for

example, a consortium or a temporary association); or

- the signature by all the partners of a “power of attorney” based on the model laid

down by the SRB, which provides for a form of cooperation.

After the award, the Contracting Authority will sign the contract either with all members of

the group or with the member duly authorised by the other members via a power of

attorney (model provided under Annex 5 of the Tender Specifications).

1.8 SUBCONTRACTING

Subcontracting is defined as the situation where a contract has been or is to be established

between the Contracting Authority and a contractor and where the contractor, in order to

carry out that contract, enters into legal commitments with other legal entities for

performing part of the work.

Subcontracting is permitted in the tender but the main contractor will retain full

liability towards the Contracting Authority for performance of the contract as a

whole. The Contracting Authority has no direct legal commitment with the subcontractor(s).

Accordingly:

- The SRB will treat all contractual matters (e.g. payment) exclusively with the main

contractor, whether or not the tasks are performed by a subcontractor.

- Under no circumstances can the main contractor avoid liability towards the SRB on the

grounds that the subcontractor is at fault.

- Subcontracting is permitted to subcontractors proposed in the offers submitted in reply

to the call for tenders.

- One-person companies may be authorised as subcontractor and added to the list of

subcontractors at any time during the execution of the contract.

- Additional subcontracting to other than one-person companies (or freelancers) during

the execution of the contract will be accepted for specialised technical expertise

required for the provision of the services.

- Furthermore, additional levels of subcontracting (e.g. subcontracting of subcontracts)

are not allowed during the execution of the contract unless a prior written

authorisation has been granted by the SRB.

- If your offer envisages subcontracting, your file must include:

- (i) a document

 mentioning the reasons why you are envisaging subcontracting;

 stating clearly the roles, activities and responsibilities of subcontractor(s), and;

 specifying the volume / proportion for each subcontractor.

Tenderers are required to identify the subcontractor(s) whose share of the contract

is above 20% and document their willingness to accept the tasks and the terms and

conditions set out in the tender specifications via a letter of intent (model provided

under Annex 6).

- (ii) a letter of intent by each subcontractor whose share of the contract is above 20%

stating its intention to collaborate with you if you win the contract.

Offers involving subcontracting will be assessed as follows:

- The exclusion criteria (see point 2.2 “Exclusion Criteria” of the Tender Specifications)

will be assessed in relation to the tenderer and each proposed subcontractor.

- The economic, financial, technical and professional selection criteria (see point 2.3

“Selection Criteria” of the Tender Specifications) will be assessed in relation to the

tenderer and possible subcontractor(s) as a whole.

- The evaluation criteria (see point 2.5 “Technical Offer” & point 2.6 “Financial Offer” of

the Tender Specifications) will be assessed in relation to the tender.

During execution of the contract, the contractor will need the SRB’s express authorisation to

replace a subcontractor with another and/or to subcontract tasks for which subcontracting

was not envisaged in the original offer.

Full details of such subcontractors must also be provided in Annex 2 “Letter of submission of

the Tender” of the Tender Specifications.

During contract execution, the change of any subcontractor identified in the tender will be

subject to prior written approval of the Contracting Authority.

Freelancing, drawing on the activities or staff of any other entirely different legal entity than

the contractor, independently of its exact legal form (and independently of the applicable

national law), does qualify as subcontracting.

If your offer envisages subcontracting to freelancers, your file must include:

- list of all freelancers;

- a letter of intent by each freelancer stating its intention to collaborate with you if you

win the contract.

1.9 CONTENT OF THE TENDER

The tenders must be presented as follows:

- Section 1: Identification of the tenderer (see point 1.10 of the Tender Specifications)

- Section 2: Evidence for exclusion criteria (see point 2.2 of the Tender Specifications)

- Section 3: Evidence for selection criteria (see point 2.3 of the Tender Specifications)

- Section 4: Technical offer (see point 2.5 of the Tender Specifications)

- Section 5: Financial offer (see point 2.6 of the Tender Specifications)

1.10 IDENTIFICATION OF THE TENDERER: LEGAL CAPACITY AND STATUS

To identify himself, the tenderer must include a duly signed letter of submission of tender

(see Annex 2 “Letter of submission of the Tender” of the Tender Specifications) presenting

the name of the tenderer (including all entities in case of joint offer) and identified

subcontractors if applicable, and the name of the single contact person in relation to this

tender.

If applicable, the letter of submission of tender must indicate the proportion of the contract

to be subcontracted.

In case of joint tender, the letter of submission of tender must be signed by a duly

authorised representative for each tenderer, or by a single tenderer duly authorised by other

tenderers with power of attorney (model provided under Annex 5 “Model of Power of

Attorney” of the Tender Specifications).

Subcontractors whose share of the contract is above 20% must provide a duly signed letter

of intent (model provided under Annex 6 “Letter of Intent” of the Tender Specifications)

stating their willingness to provide the service foreseen in the offer and in line with the

present tender specifications.

In order to prove their legal capacity and their status, all tenderers and identified

subcontractors must provide a signed Legal Entity Form with the supporting evidence

indicated in the form. This Legal Entity Form is to be signed by a representative of the

tenderer authorised to sign contracts with third parties. The form is available for individuals,

private entities and public entities on:

http://ec.europa.eu/budget/contracts_grants/info_contracts/legal_entities/legal_entities

_en.cfm

Tenderers and identified subcontractors that are already registered in the Contracting

Authority’s accounting system (i.e. they have already been direct contractors) must provide

the form but are not obliged to provide the supporting evidence.

Tenderers must provide the following information if it has not been included with the Legal

Entity Form:

- For legal persons, a legible copy of the notice of appointment of the persons

authorised to represent the tenderer in dealings with third parties and in

legal proceedings, or a copy of the publication of such appointment if the legislation

which applies to the legal entity concerned requires such publication. Any delegation

of this authorisation to another representative not indicated in the official

appointment must be evidenced.

- For individuals, where applicable, a proof of registration on a professional or trade

The tenderer (or the single point of contact in case of joint tender) must provide a Financial

Identification Form and supporting documents. Only one form per offer should be submitted

(no form is needed for subcontractors and other joint tenderers). The form is available on:

http://ec.europa.eu/budget/contracts_grants/info_contracts/financial_id/financial_id_en.cfm

2. EVALUATION AND AWARD

2.1. EVALUATION STEPS

The evaluation is based on the information provided in the submitted tender. It takes place

in three steps:

- Verification of non-exclusion of tenderers on the basis of the exclusion criteria;

- Selection of tenderers on the basis of selection criteria;

- Evaluation of tenders on the basis of the award criteria (technical and financial

evaluation).

Only tenders meeting the requirements of one step will pass on to the next step.

2.2. EXCLUSION CRITERIA

The tenderers shall provide a declaration of honour (see Annex 3 “Declaration of Honour” of

the Tender Specifications), duly signed and dated by an authorised representative, stating

that they are not in one of the situations of exclusion listed in this Annex. In the case of a

joint tender, the declaration on the honour shall be provided by each member of the group.

The declaration on honour is also required for identified subcontractors whose intended

share of the contract is above 20%.

The successful tenderer shall provide the documents mentioned as supporting evidence in

Annex 3 “Declaration of Honour” of the Tender Specifications before signature of the

Contract and within a deadline given by the Contracting Authority. This requirement applies

to all members of the consortium in case of joint tender (and to subcontractors whose

intended share of the contract is above 20%).

The Contracting Authority reserves the right to check the information on the Declaration of

Honour.

Contracts may not be awarded to tenderers who, during the procurement procedure:

(a) are subject to a conflict of interest. The candidates should note that a potential conflict

of interest regarding one of the potential assignments under the contract does not as such

exclude candidates from submitting a tender, since such a conflict of interest will be dealt

with before placing orders for specific tasks. For example, if a candidate has already advised

or is advising on the specific elements of the tasks in matters related to, inter alia, impaired

asset relief measures and/or resolution mechanisms, this should not prevent him from

presenting an offer. The potential existence of a conflict of interest regarding a particular

legal entity will be dealt with when a specific assignment is to be contracted.

(b) are guilty of misrepresentation in supplying the information required by the SRB as a

condition of participation in the contract procedure or fail to supply this information.

2.3. SELECTION CRITERIA

Tenderers must prove their economic, financial, technical and professional capacity to carry

out the work subject to this call for tender. The evidence requested should be provided by

each member of the group in case of joint tender and subcontractor whose intended share

of the contract is above 20%. However a consolidated assessment will be made to verify

compliance with the minimum capacity levels.

The tenderer may rely on the capacities of other entities, regardless of the legal nature of

the links which it has with them. It must in that case prove to the Contracting Authority that

it will have at its disposal the resources necessary for performance of the contract, for

example by producing an undertaking on the part of those entities to place those resources

at its disposal.

The candidate who does not provide the documentation specified, or who is judged, on the

basis of the documentation provided, not to have fulfilled the criteria specified below, will be

excluded

2.3.1. ECONOMIC AND FINANCIAL CAPACITY CRITERIA AND EVIDENCE

Tenderers will provide sufficient information and proof to satisfy the Contracting Authority of

their financial standing and that they and any subcontractors have the necessary resources

and financial means to carry out the work that is subject of the tender. To be eligible,

tenderers must have a yearly turnover for the last three years:

- of EUR five million (5,000,000) for Lots 1 & 2

- of EUR ten million (10,000,000) for Lot 3.

In order to prove that you have sufficient economic and financial capacity to perform the

contract, you will be asked to present the following evidence:

- relevant professional risk indemnity insurance as reasonably required by standard

practice in the industry;

- copy of the profit & loss accounts and balance sheets for the last three years for which

accounts have been closed;

- a statement of overall turnover and turnover during the last 3 financial years.

- if you rely on the capacities of other entities (e.g. your parent company), a written

undertaking on the part of those entities confirming that they will place the resources

necessary for performance of the contract at your disposal.

If, for some exceptional reason which the Contracting Authority considers justified, a

tenderer is unable to provide one or other of the above documents, it may prove its

economic and financial capacity by any other document which the Contracting Authority

considers appropriate. In any case, the Contracting Authority must at least be notified of the

exceptional reason and its justification in the tender. The Contracting Authority reserves the

right to request any other document enabling it to verify the tenderer's economic and

financial capacity.

The Contracting Authority shall analyse the adequacy of tenderers' financial standing. Where

it considers this insufficient the Contracting Authority shall have the right either to reject

any offer or to accept it subject to conditions or to any interim payments being deferred

until the work has been completed. Submission of a tender implies acceptance that the

Contracting Authority’s decision will be final and that it will not enter into negotiations with

tenderers on this subject.

2.3.2. TECHNICAL AND PROFESSIONAL CAPACITY CRITERIA AND EVIDENCE

2.3.2.a TECHNICAL AND PROFESSIONAL CAPACITY LOT 1 & 2

Tenderers are required to prove that they have sufficient technical and professional capacity

to perform the contract as further described in the Technical Specifications (see point 3). To

that end, you are requested to provide the supporting documentation. It is reminded that in

case of a joint offer, information for each company needs to be submitted.

REQUIREMENTS:

I) Tenderer’s Cross Border presence

- Indicate whether your company has locations or establishments in at least four

different Member States of the European Union and list them;

II) Profiles and Mandatory Minimum Experience

Profiles

Mandatory Minimum Experience

Partner

Extensive experience in their specialist field of expertise, minimum 15

years, leading major, complex and business critical projects, bringing

genuine strategic insight and in-depth knowledge of the financial services

and/or regulatory sector and of current policy and political issues affecting it.

Previous experience in managing at least 7 major projects involving the

coordination of a high profile team of at least 10 staff members, preferably in

the financial services and/or regulatory sector.

Managing

Consultant

Substantial experience, minimum 12 years, in their specialist field with a

minimum of 6 years in an investment banking, accountancy or consultancy

role. In depth knowledge of the financial services and/or regulatory sector

and of current policy and political issues affecting it. Previous experience in

managing at least 5 major projects involving the coordination of a high

profile team of at least 10 staff members, preferably in the financial services

and/or regulatory sector.

Principal

Consultant

Substantial experience, minimum 10 years, in their specialist field with a

minimum of 4 years in an investment banking, accountancy or consultancy

role. Sound knowledge of the public sector and current policy and political

issues affecting it. Previous experience in managing at least 3 major projects

involving a high profile team of at least 10 staff members, preferably in the

financial services and/or regulatory sector.

Senior

Consultant

Substantial experience, minimum 7 years, in their specialist field with a

minimum of 2 years in an investment banking, accountancy or consultancy

role. Familiarity of the issues and problems facing financial services and/or

regulatory organisations.

Consultant

Substantial experience, minimum 5 years, and an in-depth knowledge of

their specialist field.

Junior

Consultant

Experience, minimum 3 years, within their specialist field.

The members of the teams should be key individuals within your organisation that will take

responsibility for the consultancy or advice work covered in lots 1 & 2 who are able to work

and communicate in excellent English.

The tenderer has to demonstrate that it has the technical capacity to provide the required

services based on the CVs provided.

EVIDENCE:

a.i) List the locations or establishments in at least four different Member States of the

European Union.

a.ii) Details of the proposed key individuals that you intend to use to lead the services for

the lot you are bidding who are able to work and communicate in excellent English.

Your response should include a maximum of 5 CV’s per location or establishment in at

least four different Member States of the European Union (max 4 A4 side per

CV), including the CV of the project manager. The CV’s should be for the key individuals

within your organisation that will take responsibility for the consultancy or advisory

work covered by each lot.

a.iii) The tenderer must demonstrate that he has previous experience, during the last six

years, of successfully delivering services similar to the ones described in point 2.3.2.a

for lots 1 & 2 for which you are bidding. This description must be a maximum of 4 A4

pages, minimum font size 11.

The SRB may reject tenderers at selection stage in case of a conflict of interest that may

affect the performance of the contract.

2.3.2.b TECHNICAL AND PROFESSIONAL CAPACITY LOT 3

Tenderers are required to prove that they have sufficient technical and professional capacity

to perform the contract as further described in the Technical Specifications (see point 3). To

that end, you are requested to provide the supporting documentation. It is reminded that in

case of a joint offer, information for each company needs to be submitted.

REQUIREMENTS:

I) Tenderer’s Cross Border experience

- Demonstrate that your company has cross border experience in four Member States

of the European Union;

- Demonstrate ability to advise on legal issues related to the assignments and

responsibilities of the SRB under relevant International laws and applicable domestic

laws in all Eurozone Member States as well as the United Kingdom and the

United States of America.

II) Profiles and Mandatory Minimum Experience

Profile

Mandatory Minimum Experience

Partner

Partner position in the firm.

Extensive experience, minimum of 8 years of leading business critical legal

projects and transactions, bringing genuine strategic insight. In-depth

knowledge of the financial services and/or regulatory sector and of current

policy and political issues affecting it.

Senior

Associate

Substantial legal experience with a minimum of 5 years. Familiarity with the

issues and problems financial institutions and/or regulatory organisations may

face. Experience of working in a wide range of relevant projects and in-depth

knowledge of their specialist field.

Associate

Substantial legal experience, with a minimum of 3 years, and an in-depth

knowledge of their specialist field

Junior

Legal experience, minimum 1 year, in a wide range of projects in their

specialist field.

The members of the team should be key individuals within your organisation who will take

responsibility for the consultancy or advice work covered in this lot and who are able to work

and communicate in excellent English.

The tenderer has to demonstrate that it has the technical capacity to provide the required

services based on the CVs provided.

EVIDENCE:

b.i) Evidence of cross border experience in four Member States of the European Union (the

evidence should be limited to 2 A4 pages).

b.ii) List of offices, international cooperation, international networks or corresponding

relations with firms covering all Eurozone Member States as well as the United

Kingdom and the United States of America (the evidence should be limited to 2 A4

pages);

b.iii) Details of the proposed key individuals that you intend to use to lead the services of

this lot who are able to work and communicate in excellent English.

Your response should include a maximum of 10 CV’s (max 4 A4 side per CV) including

the CV of the lead partner who will act as a contact point with the SRB.

b.iv) The tenderer must demonstrate that he has previous experience, during the last six

years, of successfully delivering services similar to the ones described in point 2.3.2.b

for lot 3 for which you are bidding. This description must be a maximum of 4 A4 pages,

minimum font size 11.

b.v) Certificates proving that the proposed team is composed of lawyers currently registered

with a European Union bar association.

The SRB may reject tenderers at selection stage in case of a conflict of interest that may

affect the performance of the contract.

2.4. AWARD CRITERIA

The tenderers are requested to submit the technical solutions to the respective

Lots to which they are tendering. Please take special notice that the award

criteria are explained in Appendices A, B & C.

Only the tenders meeting the requirements of the exclusion and selection criteria will be

evaluated in terms of quality and price. Please note that if you are applying to more than

one Lot and if the information is the same (eg. constitution of the team, methodology etc.),

this fact needs to be clearly expressed in your bid.

The Multiple Framework Service Contract will be awarded to the tenderers who submit the

most economically advantageous bid (those with the highest score) based on the quality

criterion and their associated weightings:

2.4.1 CRITERIA FOR THE AWARD OF THE MULTIPLE FRAMEWORK SERVICE CONTRACT FOR LOTS 1,

2 AND 3 ARE AS FOLLOWS:

There are 3 quality criteria:

1. Quality criterion 1 (Q1): Approach and methodology ( 40%)

2. Quality criterion 2 (Q2): Assignment Management ( 20%)

3. Quality criterion 3 (Q3): Resource Management & Retention ( 10%)

and the price criterion and associated weighting:

Price of the bid ( 30%).

Please refer to Appendices A, B and C for further explanation of the award criteria.

For all bids evaluators will give marks between 0-10 (half points are possible) for each

quality criterion.

The score is calculated as

where:

The average quality for quality criterion is

The overall weighted quality is

The score for quality is

The score for price is

Only bids that have reached a minimum of 60 for , a minimum of 60 for , etc.

will be taken into consideration when calculating the score for quality , score for

price and score .

Only bids that have reached a minimum of 60 for the score will be taken into

consideration for awarding the contract.

2.4.2 CRITERIA FOR THE AWARD OF THE SPECIFIC CONTRACTS FOR LOTS 1, 2 & 3

The following criteria and procedure will be used in case of awarding the Specific Contract:

 Admissibility

Only admissible specific offers will be evaluated. The criteria for admissibility of the

offers are the following:

- Deadline for submission of the declaration of absence of conflict of interest has

been respected;

- Deadline for submission of offers has been respected.

 Award Criteria

Taking into account the use of the Multiple Framework Service Contracts with reopening of

competition, the following award criteria are set up to determine the best offer to which the

Specific Contract will be awarded:

There are 2 quality criteria:

1. Quality criterion 1 (Q1) Quality and suitability of the specific methodology

for the tasks being requested. ( 30%)

2. Quality criterion 2 (Q2) Professional Merit of the proposed team

( 30%)

and the price criterion and associated weighting:

Price of the bid ( 40%).

For all bids evaluators will give marks between 0-10 (half points are possible) for each

quality criterion.

The score is calculated as

where:

The average quality for quality criterion is

The overall weighted quality is

The score for quality is

The score for price is

Only bids that have reached a minimum of 60 for , a minimum of 60 for , etc. will

be taken into consideration when calculating the score for quality , score for price and

score .

Only bids that have reached a minimum of 60 for the score will be taken into

consideration for awarding the contract.

2.5. TECHNICAL OFFER

The technical offer must cover all aspects and tasks required in the technical specifications

and provide all the information needed to apply the award criteria. Offers deviating from the

requirements or not covering all requirements may be excluded on the basis of non-

conformity with the tender specifications and will not be evaluated.

2.6. FINANCIAL OFFER

Tenderers must insert the hourly rates in the price table to be found in the Award Criteria

per Lot.

The price for the tender must be quoted in euro even for tenderers from countries outside

the euro zone. The price quoted may not be revised in line with exchange rate movements.

It is for the tenderer to assume the risks or the benefits deriving from any variation.

Prices must be quoted free of all duties, taxes, including VAT, and other charges as the SRB

is exempt from such charges under Articles 3 and 4 of the Protocol on the privileges and

immunities of the European Union. The amount of VAT may be shown separately.

The quoted price must be a fixed amount. That price should include all charges (fees,

meetings, administrative expenses, overheads), except for the travel, accommodation

expenses and daily subsistence allowances. No additional refund request in respect of

the above mentioned charges will be accepted.

In addition to the estimated maximum amount specified in section 1.2. of the Tender

Specifications, travel, accomodation expenses and daily subsistence allowances shall be

reimbursed in accordance with Article I.5.3 of the draft Multiple Framework Service Contract

up to a maximum amount of six (6) million euro.

Prices shall be fixed and not subject to revision during the first year of performance of the

contract. At the beginning of the second and every following year of the contract, the

amount may be revised upwards or downwards. This revision will be made according to

Article I.5.2 of the draft Multiple Framework Service Contract.

Different price options will not be accepted and will entail the refusal of the offer.

3. TECHNICAL SPECIFICATIONS

3.1 GENERAL BACKGROUND AND PURPOSE OF THE CONTRACT

In response to the financial crisis of 2008, the European Commission pursued a number of

initiatives to create a safer and sounder financial sector for the single market. The Single

Resolution Mechanism (SRM) is one of them. It is the second pillar of the Banking Union. Its

legal basis are the Bank Recovery and Resolution Directive (BRRD), Directive (EU) No

59/2014 and the SRM Regulation (SRMR), Regulation (EU) No 806/2014.

Together with the Single Supervisory Mechanism (SSM), for which the European Central

Bank is responsible, the Single Resolution Board (SRB) is one of the corner stones of a new

architecture in banking supervision and resolution within the Euro Area and beyond. Its

creation represents a major step towards ending the toxic cycle of too-big-to-fail of the past

and towards re-establishing the principles of the market economy in the banking sector.

The SRB is therefore the central decision-making body of the SRM and the European

resolution authority as part of the European Banking Union. Its mission is to ensure an

orderly resolution of failing banks with minimum impact on the real economy and public

finances of the participating Member States and beyond. The SRB is a self-financed

independent agency of the European Union, which has its seat in Brussels, Belgium. It works

in close cooperation in particular with the national resolution authorities of participating

Member States, the European Commission and the European Central Bank. The SRB is made

up of 6 permanent Board Members and the SRB conveys decisions in its executive and

plenary sessions. Any resolution decisions will be taken by the executive session.

The SRB is responsible for the preparation of resolution plans and, where required, will from

1 January 2016 carry out resolution activities for credit institutions under its remit. It is

responsible for managing the Single Resolution Fund (SRF), which was established as a pool

of money financed by the banking sector in order to ensure that medium-term funding

support is available in case a credit institution is restructured. The SRF will be built up

during the first eight years (2016-2023) to act as a buffer for the taxpayer in case of a bank

failing or likely to fail. The target volume of the SRF is measured in proportion to client

deposits held at all the banks in the Euro Area. The SRF shall reach at least 1 % of these so-

called covered deposits (deposits of up to 100,000 for each client at any bank) which could

lead to final size of the SRF of EUR 55bn. It will only be used as last resort once

shareholders and creditors have fully contributed to the resolution measures.

The SRB is operational since 1st January 2015 and has started to work on developing

resolution plans for credit institutions. It will be fully operational, with a complete set of

resolution powers, as of 1 January 2016.

The recent financial crisis has shown the need for adequate tools at Union level to deal

effectively with unsound or failing credit institutions and investment firms ('institutions').

The resolution framework should provide for timely entry into resolution before a financial

institution is balance-sheet insolvent and before all equity has been fully wiped out.

According to the SRMR, resolution should be initiated when an institution is failing or likely

to fail, no alternative measures (e.g. use of private funds) would prevent such a failure, and

there is public interest in placing the institution under resolution and applying resolution

tools rather than resorting to normal insolvency proceedings. When applying resolution tools

and exercising resolution powers, the SRB may need assistance or/and advice relating the

tasks and powers conferred to it by the SRMR or/and the BRRD from external independent

providers. For example: before taking resolution action or exercising the power to write

down or convert relevant capital instruments, the resolution authorities have to ensure that

a fair, prudent and realistic valuation of the assets and liabilities of the institution is carried

out by a person independent from any public authority, including the resolution authority,

and the institution or entity object of the valuation (Art. 36 of the BRRD). Besides, an

independent valuer has to carry out a valuation for the purpose of assessing whether

shareholders and creditors would have received better treatment if the institutions under

resolution had entered into normal insolvency proceedings (Art. 74 of the BRRD). The Board

could, finally, request legal advice and assistance when exercising the powers and duties

conferred to it by the SRMR.

3.2. CONTRACT SPECIFICATIONS

3.2.1. GENERAL AND SPECIFIC OBJECTIVES OF THE LOTS

The call for tenders is divided into 3 lots described below in Table 1.

Table 1 – Division into Lots

Lot

Subject

Analysis of Financial Statements and Accounting Advice

Advice and Assistance on Economic and Financial Valuation

Legal Advice

A description of the domains for each lot is given hereafter. It should be noted

that the descriptions are indicative and the definitions are non-exhaustive.

Furthermore, the complexity of the tasks involved and the limited time available

may require close to full-time involvement of the expert advisors.

3.2.2 LOT 1: ANALYSIS OF FINANCIAL STATEMENTS AND ACCOUNTING ADVICE

Description of the tasks

Consultation and advice to the Board in relation to accounting and valuation of financial

instruments for the purpose of resolution, including, but not limited to independent valuation

work, as required by articles 36 and 74 of the BRRD and article 20 of the SRMR, before

taking resolution actions or ex post definitive valuation, including:

 The analysis and accounting valuation of portfolio of financial instruments and other

assets and liabilities, including complex and problematic impaired assets and critical

review of judgements used to approximate expected losses and provisioning policies.

 The preparation of an updated balance sheet, and a report on the financial position of

an entity.

 The analysis and estimation of the current accounting value of the assets and liabilities

as appearing in the accounting books and records of the entity.

 The drafting of the list of outstanding on-balance-sheet and off-balance-sheet liabilities

shown in the books and records of the entity, with an indication of the respective

credits and priority of claims.

Description of the profiles

The description of the profiles for this lot are generic. The description is presented in point

2.3.2.a of the Tender Specifications.

3.2.3 LOT 2: ADVICE AND ASSISTANCE ON ECONOMIC AND FINANCIAL VALUATION

Description of the tasks

Assistance to the Board in relation to economic valuation with the purpose of

informing the decisions of the Board in relation to resolution matters including, but not

limited, to the following:

 Assessment of the impact of the use of of resolution tools considered by the Board,

including any eventual write down or conversion of capital instruments. This would

include a valuation that takes into consideration the hypothetical impact of actions that

may be taken by the resolution authority when implementing the chosen resolution

tool.

 An assessment of the economic value of financial instruments and balance sheet

items, even if this means departure from accounting and prudential rules. The valuers

shall apply their independent expert judgement in determining key characteristics of

the assets or liabilities being measured.

 An overview of the models and quantitative approaches to derive the economic value

of financial products. The valuer should explain and justify key assumptions,

uncertainties and sensitivity of the valuation to such assumptions and uncertainties.

 When a resolution tool is applied, inform the Board of what constitutes commercial

terms for the assets, the rights, the liabilities or other instruments of ownership.

 An assessment of the treatment that shareholders and creditors would have received if

the institution under resolution had been wound up under normal insolvency

proceedings (instead of resolution) and an assessment of the potential differences in

treatment of shareholders and creditors under normal insolvency proceedings versus

resolution.

 Any other type of assessment the SRB may require in relation to issues related to the

economic valuation of firm, their assets, and liabilities, and off balance sheet positions.

Tenderers should demonstrate an understanding of valuations required to comply with

articles 36 and 74 of the BRRD and article 20 of the SRMR and the European Banking

Authority (EBA) Regulatory Technical Standards (RTS) on valuations in resolution.

Description of the profiles

The description of the profiles for this lot are generic. The description is presented in point

2.3.2.a of the Tender Specifications.

3.2.4 LOT 3: LEGAL ADVICE

Description of the tasks

Legal advice and assistance to the Board on inter alia:

 Corporate law (including 'merger and acquisition'-aspects),

 Contract law,

 Real estate law and other laws regarding the (in rem) transfer of assets (including

movable assets, aviation, shipping, infrastructure and receivables), liabilities and legal

relationships, to the extent not achieved via corporate action,

 Banking law, in particular, loan documentation,

 Capital markets law, including:

o write down and cancellation of debt and shares or other instruments of ownership,

o capital reductions and increases,

o derivatives and underlying template documentation (e.g., ISDA documentation) and,

o more generally, any type of debt (including sovereign debt) and equity capital markets

law,

 Labour law (on a single contract and a collective basis),

 Intellectual property and trademarks,

 Insolvency law, including, in particular, an assessment of:

o the treatment of shareholders and creditors had the institution under resolution been

wound up under 'normal' insolvency proceedings (instead of resolution), and

o the potential differences in treatment of shareholders and creditors ('normal'

insolvency proceedings vs resolution),

 Tax law,

 Administrative law,

 National Competition law,

 International law,

 Conflicts of laws provisions,

in the light of the tasks and responsibilities of the SRB, including but not limited to:

 The planning process pursuant to Art. 8 and 9 of the SRMR, in particular, the

development of resolution strategies

 The assessment of resolvability pursuant to Art. 10 of the SRMR; in particular, the

process of addressing and removing impediments to resolvability.

 Applying simplified obligations pursuant to Art. 11 of the SRMR.

 Establishing minimum requirements for own funds and eligible liabilities pursuant to

Art. 12 of the SRMR.

 Adopting a resolution scheme pursuant to Art. 18 of the SRMR.

Description of the profiles

The description of the profiles for this lot are generic. The description is presented in point

2.3.2.b of the Tender Specifications.

3.3. PLACE OF WORK

In is anticipated that a number of tasks under the Multiple Framework Service Contract will

be based in and around Brussels. However, the services may be delivered in any other

places depending on the specific tasks.

3.4. DELIVERABLES FOR LOTS 1 , 2 & 3

Deliverables will be requested depending on requirements of the specific assignments.

3.5. INDICATIVE TIMETABLE

The estimated date for signature of the contract is January 2016.

ANNEX 1 – DRAFT MULTIPLE FRAMEWORK SERVICE CONTRACT

ANNEX 2 - LETTER OF SUBMISSION OF TENDER

The purpose of this document is to facilitate the preparation of the tender by providing an

overview of the information and documents requested.

Dear Sirs,

You will find enclosed the tender of [name of tenderer] in response to invitation to tender

SRB/OP/1/2015 for the Provision of Accounting, Financial advice and Legal Advice and

Valuation Services.

SECTION 1 - IDENTIFICATION

Tenderer’s identification

NAME

ADDRESS

LEGAL FORM

Tenderers will fill in the Legal Entity Form that can be attained from the

following internet addresses:

http://ec.europa.eu/budget/contracts_grants/info_contracts/legal_entiti

es/legal_entities_en.cfm

and provide the supporting evidence.

Personal details

1.2.1.- Person authorized to sign the contract on behalf of the

tenderer

TITLE

Mr/Ms/Dr/other………………………..........(delete or complete as

appropriate)

NAME

Surname (in capital letters)

.....................................................................................

Forename:

.....................................................................................

FUNCTION

CONTACT DETAILS

Direct telephone:

.....................................................................................

E-mail address:................................................................

1.2.2. - Contact person (if different from 1.2.1)

TITLE

Mr/Ms/Dr/other………………………...........(delete or complete as

appropriate)

NAME

Surname (in capital letters):

.....................................................................................

Forename:

.....................................................................................

FUNCTION

MAILING ADDRESS

CONTACT DETAILS

Direct telephone:

..................................................................................

E-mail address:

..................................................................................

1.2.3 – Consortium details

NAME

ADDRESS

CONTACT DETAILS

Contact person:

...............................................................................

Telephone:

....................................................................................

E-mail address:

................................................................................

LEGAL FORM

This section must be completed in case tenderer presents a joint offer by a group of tenderers in consortium and

must be completed for each member of the consortium. Power of Attorney (Annex 5) should be signed by each

member of the group.

1.2.4 Sub-contractor’s details

NAME

ADDRESS

CONTACT DETAILS

Contact person:

...................................................................................

Telephone:

....................................................................................

E-mail address:

....................................................................................

LEGAL FORM

COMMERCIAL

REGISTRATION

DETAILS

Denomination of register:

............................………................................................

Date of registration:

.............................................................………...............

Country of registration:

..................................................................………..........

Registration number:

.....................................................................……….......

FOR NATURAL

PERSONS

Identity Card [No + expiry date].....……………………………………..

Passport or other [No + expiry date]

.....………………………………….................................................

VAT

Registration number:

.................................................................................

Statement of exemption issued by the national VAT authority

dated…………………................................... enclosed under

reference.....................................................................

Issued by………………………………………...................................

SHORT DESCRIPTION

OF THE PORTION OF

WORK SUB-

CONTRACTED

This section must be completed for each sub-contractor whose share of the contract is above 20%. Letter of intent

(Annex 6) should be signed by each of the mentioned sub-contractors.

ANNEX 3 - DECLARATION OF HONOUR EXCLUSION CRITERIA AND

SELECTION CRITERIA

The undersigned [insert name of the signatory of this form], representing:

(only for natural persons)

himself or herself

(only for legal persons) the following legal

person:

ID or passport number:

Full official name:

Official legal form:

Statutory registration number:

Full official address:

VAT registration number:

(1) declares whether the above-mentioned person is in one of the following

situations or not:

SITUATION OF EXCLUSION CONCERNING THE PERSON

YES

a) it is bankrupt, subject to insolency or winding up procedures, its

assets are being administered by a liquidator or by a court, it is

in an arrangement with creditors, its business activities are

suspended or it is in any analogous situation arising from a

similar procedure provided for under national legislation or

regulations;

b) it has been established by a final judgement or a final

administrative decision that the person is in breach of its

obligations relating to the payment of taxes or social security

contributions in accordance with the law of the country in which

it is established, with those of the country in which the

contracting authority is located or those of the country of the

performance of the contract;

c) it has been established by a final judgement or a final

administrative decision that the person is guilty of grave

professional misconduct by having violated applicable laws or

regulations or ethical standards of the profession to which the

person belongs, or by having engaged in any wrongful conduct

which has an impact on its professional credibility where such

conduct denotes wrongful intent or gross negligence, including,

in particular, any of the following:

(i) fraudulently or negligently misrepresenting information

required for the verification of the absence of grounds for

exclusion or the fulfilment of selection criteria or in the

performance of a contract;

(ii) entering into agreement with other persons with the aim

of distorting competition;

(iii) violating intellectual property rights;

(iv) attempting to influence the decision-making process of

the contracting authority during the award procedure;

(v) attempting to obtain confidential information that may

confer upon it undue advantages in the award procedure;

d) it has been established by a final judgement that the person is

guilty of any of the following:

(i) fraud, within the meaning of Article 1 of the Convention on

the protection of the European Communities' financial

interests, drawn up by the Council Act of 26 July 1995;

(ii) corruption, as defined in Article 3 of the Convention on

the fight against corruption involving officials of the European

Communities or officials of EU Member States, drawn up by

the Council Act of 26 May 1997, and in Article 2(1) of Council

Framework Decision 2003/568/JHA, as well as corruption as

defined in the legal provisions of the country where the

contracting authority is located, the country in which the

person is established or the country of the performance of the

contract;

(iii) participation in a criminal organisation, as defined in

Article 2 of Council Framework Decision 2008/841/JHA;

iv) money laundering or terrorist financing, as defined in

Article 1 of Directive 2005/60/EC of the European Parliament

and of the Council;

(v) terrorist-related offences or offences linked to terrorist

activities, as defined in Articles 1 and 3 of Council Framework

Decision 2002/475/JHA, respectively, or inciting, aiding,

abetting or attempting to commit such offences, as referred

to in Article 4 of that Decision;

(vi) child labour or other forms of trafficking in human beings

as defined in Article 2 of Directive 2011/36/EU of the

European Parliament and of the Council;

e) the person has shown significant deficiencies in complying with

the main obligations in the performance of a contract financed

by the Union’s budget, which has led to its early termination or

to the application of liquidated damages or other contractual

penalties, or which has been discovered following checks, audits

or investigations by an Authorising Officer, OLAF or the Court of

Auditors;

f) it has been established by a final judgment or final

administrative decision that the person has committed an

irregularity within the meaning of Article 1(2) of Council

Regulation (EC, Euratom) No 2988/95;

[Only for legal persons, otherwise delete this table]

(2) declares whether a natural person with power of representation,

decision-making or control (this covers the company directors, members

of the management or supervisory bodies, and cases where one natural

person holds a majority of shares) over the above-mentioned legal person

is in one of the following situations or not:

SITUATIONS OF EXCLUSION CONCERNING NATURAL PERSONS WITH

POWER OF REPRESENTATION, DECISION-MAKING OR CONTROL OVER THE

LEGAL PERSON

YES

Situation (c) above (grave professional misconduct)

Situation (d) above (fraud, corruption or other criminal offence)

Situation (e) above (significant deficiencies in performance of a

contract )

Situation (f) above (irregularity)

(3) declares whether a natural or legal person that assumes unlimited

liability for the debts of the above-mentioned legal person is in one of the

following situations or not:

SITUATIONS OF EXCLUSION CONCERNING NATURAL PERSONS

ASSUMING UNLIMITED LIABILITY FOR THE DEBTS OF THE LEGAL

PERSON

YES

N/A

Situation (a) above (bankruptcy)

Situation (b) above (breach in payment of taxes or social

security)

(4) declares that the above-mentioned person:

GROUNDS FOR REJECTION FROM THIS PROCEDURE

YES

g) has not distorted competition by being previously involved in the

preparation of procurement documents for this procurement

procedure;

h) has provided accurate, sincere and complete information to the

contracting authority within the context of this procurement

procedure;

(5) acknowledges that the above-mentioned person may be

subject to rejection from this procedure and to administrative

sanctions if any of the declarations or information provided

prove to be false.

If the person declares one of the situations of exclusion listed above, it

should indicate the measures it has taken to remedy the exclusion situation,

thus demonstrating its reliability. They may include e.g. technical,

organisational and personnel measures to prevent further occurrence,

compensation of damage or payment of fines. The relevant documentary

evidence which appropriately illustrates the remedial measures taken should

be provided in annex to this declaration.

Upon request and within the time limit set by the contracting authority the

person shall provide information on the persons that are members of the

administrative, management or supervisory body, as well as the following

evidence concerning the entity or the natural or legal persons which assume

unlimited liability for the debt of the entity:

For situations described in (a), (c), (d) or (f), production of a recent

extract from the judicial record is required or, failing that, an equivalent

document recently issued by a judicial or administrative authority in the

country of establishment of the person showing that those requirements

are satisfied.

For the situation described in point (a) or (b), production of recent

certificates issued by the competent authorities of the State concerned

are required. These documents must provide evidence covering all taxes

and social security contributions for which the entity is liable, including

for example, VAT, income tax (natural persons only), company tax

(legal persons only) and social security contributions. Where any

document described above is not issued in the country concerned, it

may be replaced by a sworn statement made before a judicial authority

or notary or, failing that, a solemn statement made before an

administrative authority or a qualified professional body in its country of

establishment.

If the person already submitted such evidence for the purpose of another

procedure, its issuing date does not exceed one year and it is still valid, the

person shall declare on its honour that the documentary evidence has

already been provided and confirm that no changes have occurred in its

situation.

(6) declares whether the above-mentioned person complies with the

selection criteria as provided in the tender specifications:

SELECTION CRITERIA

YES

(a) It has the legal and regulatory capacity to pursue the

professional activity needed for performing the contract as

required in section [insert] of the tender specifications;

(b) It fulfills the applicable economic and financial criteria

indicated in section [insert] of the tender specifications;

indicated in section [insert] of the tender specifications.

(7) declares that the above-mentioned person will be able to

provide the necessary supporting documents listed in the

relevant sections of the tender specifications and which are

not available electronically upon request and without delay.

Full name Date Signature

ANNEX 4 – FINANCIAL OFFER

Financial Offer Lot 1 & 2:

Profile

Price per hour in EUR

(including all expenses but

excluding travel)

Partner

Managing Consultant

Principal Consultant

Senior Consultant

Consultant

Junior Consultant

Financial Offer Lot 3:

Profile

Price per hour in EUR

(including all expenses but

excluding travel)

Partner

Senior Associate

Associate

Junior

ANNEX 5 - MODEL OF POWER OF ATTORNEY

MODEL 1 OF POWER OF ATTORNEY

(DESIGNATING ONE OF THE COMPANIES OF THE GROUP AS LEADER AND

GIVING A MANDATE TO IT)

Agreement / Power of Attorney

We the undersigned:

– Signatory 1 (Name, Function, Company, Registered address, VAT Number)

– Signatory 2 (Name, Function, Company, Registered address, VAT Number)

– …..

– Signatory N (Name, Function, Company, Registered address, VAT Number),

Each of them having the legal capacity required to act on behalf of his/her company,

HEREBY AGREE AS FOLLOWS:

In case the SRB awards the Multiple Framework Service Contract …. (« the Contract »)

to Company 1, Company 2, …, Company N (« the Group Members »), based on the

joint offer submitted by them on … ….. for the supply of ….. and/or the provision of

services for … (« the Supplies and/or the Services »).

(1) As co-signatories of the Contract, all the Group Members:

(a) Shall be jointly and severally liable towards the SRB for the performance

of the Contract.

(b) Shall comply with the terms and conditions of the Contract and ensure

the proper execution of their respective share of the Supplies and/or the

Services.

(2) To this effect, the Group Members designate Company X as Group Leader. [N.B.:

The Group Leader has to be one of the Group Members]

(3) Payments by the SRB related to the Supplies or the Services shall be made

through the Group Leader’s bank account. [Provide details on bank, address,

account number, etc.].

(4) The Group Members grant to the Group Leader all the necessary powers to act on

their behalf in connection with the Supplies and/or the Services. This mandate

involves in particular the following tasks:

(a) The Group Leader shall sign any contractual documents - including the

[Framework] Contract, [Specific Agreements] and Amendments thereto -

and issue any invoices related to the Supplies or the Services on behalf of

the Group Members.

(b) The Group Leader shall act as single point of contact for the SRB in

connection with the Supplies and/or the Services to be provided under the

Contract. It shall co-ordinate the provision of the Supplies and/or the

Services by the Group Members to the SRB, and shall see to a proper

administration of the Contract.

Any modification to the present agreement / power of attorney shall be subject to the

SRB’s express approval.

This agreement / power of attorney shall expire when all the contractual obligations of

the Group Members towards the SRB in connection with the Supplies and/or the Services

to be provided under the Contract have ceased to exist. The parties cannot terminate it

before that date without the SRB’s consent.

Signed in ………… on ……….. ………

Name

Function

Company

Name

Function

Company

Name

Function

Company

Name

Function

Company

MODEL 2 OF POWER OF ATTORNEY

(CREATING THE GROUP AS SEPARATE ENTITY, APPOINTING A GROUP

MANAGER AND GIVING A MANDATE TO HIM/HER)

Agreement / Power of Attorney

We the undersigned:

– Signatory 1 (Name, Function, Company, Registered address, VAT Number)

– Signatory 2 (Name, Function, Company, Registered address, VAT Number)

– …..

– Signatory N (Name, Function, Company, Registered address, VAT Number),

Each of them having the legal capacity required to act on behalf of his/her company,

HEREBY AGREE AS FOLLOWS:

In case the Single Resolution Board awards the Multiple Framework Service Contract ….

(« the Contract ») to Company 1, Company 2, …, Company N (« the Group Members

»), based on the joint offer submitted by them on … ….. for the supply of ….. and/or the

provision of services for … (« the Supplies and/or the Services »).

(1) As co-signatories of the Contract, all the Group Members:

(a) Shall be jointly and severally liable towards the SRB for the performance

of the Contract.

(b) Shall comply with the terms and conditions of the Contract and ensure

the proper execution of their respective share of the Supplies and/or the

Services.

(2) To this effect, the Group Members have set up under the laws of ……. the Group

….. (« the Group »). The Group has the legal form of a.….. [Provide details on

registration of the Group: VAT Number, Trade Register, etc.].

(3) Payments by the SRB related to the Supplies or the Services shall be made

through the Group’s bank account. [Provide details on bank, address, account

number, etc.].

(4) The Group Members appoint Mr/Ms ……. as Group Manager.

(5) The Group Members grant to the Group Manager all the necessary powers to act

alone on their behalf in connection with the Supplies and/or the Services. This

mandate involves in particular the following tasks :

(a) The Group Manager shall sign any contractual documents - including the

Multiple Framework Service Contract, [Specific Agreements] and

amendments thereto - and issue any invoices related to the Supplies or

the Services on behalf of the Group Members.

(b) The Group Manager shall act as single point of contact for the SRB in

connection with the Supplies and/or the Services to be provided under the

Contract. He/she shall co-ordinate the provision of the Supplies and/or

the Services by the Group Members to the SRB, and shall see to a proper

administration of the Contract.

Any modification to the present agreement / power of attorney shall be subject to the

SRB’s express approval.

This agreement / power of attorney shall expire when all the contractual obligations of

the Group Members towards the SRB in connection with the Supplies and/or the Services

to be provided under the Contract have ceased to exist. The parties cannot terminate it

before that date without the SRB’s consent.

Signed in ……... on ……….. ………

Name

Function

Company

Name

Function

Company

Name

Function

Company

Name

Function

Company

ANNEX 6 – MODEL OF LETTER OF INTENT FOR SUBCONTRACTOR

Letter of Intent

Insert title of this call

The undersigned: …………………………………………………………………………..........

Name of the company/organisation: ………………………………………………………

Address: …………………………………………………………………………………….............

……………………………………………………………………………………..........................

Declares hereby the intention to collaborate in the execution of the

tasks subject to the above call for tender, in accordance with the terms

of the offer to which the present form is annexed, if the contract is

awarded to … …. (name of the tenderer).

Declares hereby accepting the general conditions attached to the

tendering specifications for this call for tender.

Full name Date

Signature