Department of Finance Financial Services Panel

Tender description

To assist in the performance of the Minister for Finance’s functions the Department of Finance has issued this invitation to tender (“ITT”) for the provision of: (i) capital markets, strategic, M&A and restructuring advice; (ii) general financial advice; and (iii) capital markets distribution services to the Department of Finance. The Department may require advice in connection with the State’s various investments in the banking sector, interests in the financial services industry in general, and in the carrying out of the Department of Finance’s functions. It is anticipated that a large part of the scope of services in each Lot will relate to the Minister’s shareholdings in AIB, Bank of Ireland and Permanent TSB. The Department of Finance manages these shareholdings to protect and create value for the taxpayer as a shareholder and continues to execute a strategy for realising the value of its shareholdings in an orderly and active manner over time (having due regard for the maintenance of financial stability). The Department may also on occasion require financial advice in other areas within its remit. Further information about the Department of Finance and its activities can be obtained at www.finance.gov.ie Tenderers should note that there is no commitment from the Department of Finance to place any minimum amount of work through this procurement process. The Department of Finance reserves the right to launch a public tender to source services outside this General Agreement at any time. The Minister for Finance intends to appoint three separate panels of financial consultants: Lot 1 Capital Markets, Strategic, M&A and Restructuring Advice Lot 2 General Financial Advice Lot 3 Capital Markets Distribution Services