Tender Regarding the Provision of Credit Rating Systems

Corporate governance rating services

Indicators

Administrative Capacity Indicator
40
0 Joint or centralizedprocurement 100 Use of WTO framework 0 Electronic auction 0 Use of frameworkagreements 100 English as foreignlanguage
Transparency Indicator
83.93
71.43 Share of non-missingkey fields 0 Missing award date 100 Missing market 100 Missing proceduremethod 100 Missing title 100 Missing year 100 Missing buyer name 100 Missing buyerlocation
Integrity Indicator
50
0 Single biddercontract 100 Length ofadvertisement period 0 Length of decisionperiod 0 New company 100 Call for tenderspublication 100 Procedure type
Benchmark Current Tender
Indicator Group
Indicator
Comparison Group
0 0 5 5 10 10 15 15 20 20 25 25 30 30 35 35 40 40 45 45 50 50 55 55 60 60 65 65 70 70 75 75 80 80 85 85 90 90 95 95 100 100 Good Procurement Score 2020 2020 Year

Description

EFK Danmarks Eksportkredit (hereinafter ‘EKF’) is the Danish export credit agency. EKF’s objective is to facilitate Danish companies’ internationalisation opportunities and to create growth and jobs in Denmark. In that connection EKF among other things provides export loans. EKF is launching a call for tenders with the aim to establish contracts with suppliers of credit rating systems. The purpose of the tender is to obtain a contract for a rating and data solution on a global scale (contract I) including the functionality of calculating default ratings, scoring of corporates and projects, accessing a database (containing among others corporate financial information and external rating, etc.) and is used by the department’s handling customers, guarantees, risks and aftercare of the port-folio and to obtain a contract for a rating and data solution on a national scale (Nordic region) (contract II) including a functionality of calculating default ratings (National and Nordics).

Buyer

EKF Danmarks Eksportkredit
Lautrupsgade 11
2100, København Ø
Denmark

Appeal Body Name

Klagenævnet for Udbud (The Complaints Board for Public Procurement) Nævnenes Hus, Toldboden 2Viborg8800+45 72405600klfu@naevneneshus.dkhttps://naevneneshus.dk/start-din-klage/klagenaevnet-for-udbud/vejledning/

Tender Information

Prices

Estimated Price

1.7 Million
(VAT) 25%

Dates

Bid Deadline

24/08/2020 09:00

Sectors

Types

Supply Type

Services

Procedure Type

Open

Selection Method

Meat

Eligible Bid Languages

EN

Lots

Lot 1

Contract I: Rating and Data Solution — Global Scale
EKF Danmarks Eksportkredit (‘the Customer’) is Denmark’s export credit agency. The Customers objective is to facilitate Danish companies’ internationalisation opportunities and to create growth and jobs in Denmark. The Customer helps Danish enterprises to realise their export dreams by providing export credits, working capital guarantees and export loans to enable them to finance their activities and cover commercial and political risks in their export markets. The Customer is the only organisation in Denmark that provides cover for extraordinary export risks that the private market is unable or unwilling to guarantee or provide financing to. The Customer operates with a long-term perspective and the risk exposure necessary in countries and markets where the political and commercial situation may be uncertain. The Customer is utilising various score card models developed by internationally recognised credit rating agencies in the credit risk assessment and internal rating of corporate risk and project financing transactions. As part of present agreements, the Customer also has access to databases with financial information and external ratings of corporates and financial institutions. Rating results from these tools are used in internal communication of credit risk and in the decision making and pricing of new transactions, for ongoing portfolio monitoring purposes and in communication with the owner of the Customer, auditors and the reinsurance market. EKF is looking for a rating and data solution which covers the following main functional areas, all described in Appendix 1 for contract I: A. rating coverage and rating scale, B. coverage of country risks in the rating models, C. requirement for quantitative and qualitative inputs, D. back testing and workshops, E. financial data base.

Lot Details

Status

Announced

Estimated Price

1.1 Million

Cpvs

72000000

Lot Number

1

Bids

Lot 2

Contract II: Rating and Data Solution — National Scale (Nordic region)
EKF Danmarks Eksportkredit (‘the Customer’) is Denmark’s export credit agency. The Customers objective is to facilitate Danish companies’ internationalisation opportunities and to create growth and jobs in Denmark. The Customer helps Danish enterprises to realise their export dreams by providing export credits, working capital guarantees and export loans to enable them to finance their activities and cover commercial and political risks in their export markets. The Customer is the only organisation in Denmark that provides cover for extraordinary export risks that the private market is unable or unwilling to guarantee or provide financing to. the Customer operates with a long-term perspective and the risk exposure necessary in countries and markets where the political and commercial situation may be uncertain. The Customer is utilising various score card models developed by internationally recognised credit rating agencies in the credit risk assessment and internal rating of corporate risk and project financing transactions. As part of present agreements, the Customer also has access to databases with financial information and external ratings of corporates and financial institutions. Rating results from these tools are used in internal communication of credit risk and in the decision making and pricing of new transactions, for ongoing portfolio monitoring purposes and in communication with the owner of the Customer, auditors and the reinsurance market. EKF is looking for a rating and data solution which covers the following main functional areas, all described in Appendix 1 for contract II: A. Scoring method, B. calculation PD, C. access and platform solutions.

Lot Details

Status

Announced

Estimated Price

560,000

Cpvs

72000000

Lot Number

2

Bids

Requirements

Economic Requirements

The tenderer must submit the European Single Procurement Document (‘ESPD’) with the following information: The tenderer's equity in the most recent financial year available. If the tenderer relies on the economic and financial capacity of other entities, the tenderer and the entities in question undertake joint and several liability for the performance of the contract. The ESPD serves as provisional documentation that the tenderer fulfils the minimum suitability requirements in respect of economic and financial capacity. Before the decision to award the contract is made, the tenderer to whom the contracting entity intends to award the contract must submit documentation that the information stated in the ESPD is accurate. Upon the contracting entity's request, the following documentation of economic and financial capacity must be submitted: The operator's balance sheets or extracts from balance sheets in the most recent annual report/financial statement available if publication of the balance sheets is required under law in the country in which the operator is established or other documentation of the size of the equity. For groups of operators (e.g. a consortium), the information in the most recent annual report/financial statement available must be submitted for each participating operator in the group. Where an operator relies on the economic and financial capacity of other entities (e.g. a parent company, a sister company or a subcontractor), information for such other entities must be provided as well. As a minimum requirement, a positive equity in the most recent annual report/financial statement available is required. If the tenderer relies on the capacities of other entities, the equity is to be calculated as the total equity of the operator and such other entities in the most recent annual report/financial statement available. For groups of operators (e.g. a consortium), the equity is calculated as the total equity of the operators in the most recent annual re-port/financial statement available. The information is to be stated in section IV.B of the ESPD.

Publications

Nr. 1

Source

ted.europa.eu

Publication Date

13/07/2020

Dispatch Date

09/07/2020

Form Type

Contract Notice

Source Form Type

F02 2014

Language

EN

Source Id

2020/S 133-327047

Documents

Nr. 0

Additional Information

Tender Information

EInvoice Accepted

false

Central Procurement

false

Covered By Gpa

true

Joint Procurement

false

Framework Agreement

false

Dps

false

Electronic Auction

false

has Lots

true

Meta Data

Created

16/07/2020 13:58

Modified

15/09/2020 08:01