Consultancy Support in Model Validation Activities for the EIB Group

The European Investment Bank Group (EIB Group) consists of the European Investment Bank (EIB or the Bank) and the European Investment Fund (EIF).

The EIB is the financing institution of the European Union (EU). Created by the Treaty of Rome, its shareholders are the Member States of the EU, and its Board of Governors is composed of the Finance Ministers of these States. The EIB enjoys its own legal personality and financial autonomy within the Community system.

The mission of the EIB is to contribute, by financing sound investment, to the policy objectives of the EU, as laid down in its statutes and in decisions of the European Council.

The EIB contributes towards the integration, balanced development and economic and social cohesion of the Members of the EU. To this end, it raises on the markets substantial volumes of funds that aim at financing capital projects according to the objectives of the EU with the most favourable financial terms. Outside the EU the EIB implements the financial components of agreements concluded under European development aid and cooperation policies.

The EIF is the Group’s specialist provider of risk finance to benefit small and medium-sized enterprises across Europe. Its shareholders are the EIB, the European Commission and a wide range of public and private financial institutions.

More information can be obtained on the site http://www.eif.org.

For the purposes of this call for tender, the EIB Group is represented by the EIB.

Objective of this call for tenders

The objective of this call for tenders is to select several up to 4 (four) economic operators under a multiple-operator framework agreement to support the EIB Group Model Validation Division in carrying out model validations in alignment with the relevant banking regulations and best banking practices on models that fall under its responsibility.

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