Central Bank Of Ireland Tender Result

Central Bank of Ireland (the “Central Bank”) has a requirement for external audits to be carried out by an independent auditor or a firm of auditors recommended by the Governing Council and approved by the EU Council, as required under Article 27.1 of the Statute of the European System of Central Banks (ESCB) and of the European Central Bank (ECB). In June 2022 the Central Bank issued an OJEU level tender, using the Open procedure, seeking a service provider for the provision of external audit services to the Central Bank. The Central Bank received no tenders in response to this competition. As such, and in accordance with Article 32(2)(a) of Directive 2014/24/EU (the “Directive”), the Central Bank entered into a negotiated procedure without prior publication to award a contract for these services. This process is set out in further detail in Section IV.1.1 of this notice.