ALM financial analysis system and services

LOT-0001

ALM System and Services

The Swedish National Debt Office (Riksgälden), hereinafter referred to as “SNDO”, requires an Asset and Liability Management (ALM) system and related services, including software licences or subscriptions, implementation, operation, maintenance, support, training and consultancy services, hereinafter collectively referred to as the “ALM System and Services”. The ALM System will be used to perform asset and liability management analyses relating to the system for financing nuclear decommissioning and waste management in Sweden, hereinafter referred to as the “Financing System”. The primary purposes of the analyses are to: a) assess the risk that the assets and future income of the Financing System will be insufficient to meet its future liabilities, including the calculation and analysis of the Risk Margin; and b) support decisions concerning the strategic asset allocation of the Nuclear Waste Fund. The Agreement will enter into force when it has been signed by both parties, which is expected to occur in January 2027. Implementation, model configuration, testing and other activities required for production deployment shall commence following the entry into force of the Agreement. The ALM System shall be approved and ready for production use no later than 1 March 2027. The operational services period will commence on 1 March 2027. The initial operational services period will be three (3) years. Thereafter, the Agreement will be automatically extended for successive periods of one (1) year at a time, unless terminated by SNDO in accordance with the Agreement. The maximum operational services period, including all extensions, is six (6) years. The procurement is not divided into separate lots. For organisational, functional and risk-related reasons, SNDO requires the ALM System and Services to be provided as a single, integrated delivery. The assignment requires the Supplier to assume overall responsibility for the implementation, functionality, operation, support and maintenance of the ALM System and for the coordination of the related services throughout the contract period. Dividing the procurement into separate lots would make it more difficult to ensure coherent functionality, clear allocation of responsibility and effective implementation and operation. SNDO therefore considers that dividing the procurement into separate lots would not be appropriate.