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Closed European Union Services

8705 Qualification System for CIÉ Foreign Exchange Services

Iarnród Eireann-Irish Rail

Closed.

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Amounts and figures

1
Lots

Description

The CIÉ Group has a requirement to purchase and sell US dollars (USD), to purchase Pounds Sterling (GBP) and to sell Canadian Dollar (CAD) and uses foreign exchange contracts to fix our cost position. CIÉ buys USD to pay for fuel in the CIÉ Group. The amount required will depend on the forecasted fuel usage. CIÉ Tours International is a wholly owned subsidiary of CIÉ and is the largest inbound tour operator in Ireland. CIÉ Tours generate revenue in USD, CAD and these currencies are sold against EUR. CIÉ Tours also pay GBP to UK based suppliers for clients travelling in the UK. The CIÉ Group may also have a requirement to buy at spot rate to meet the needs of its activities.

Modifications

  • The link to the PQQ document has been updated.

Official publications

MediumReferenceDate
TED 00630336-2024 17 October 2024
OJS 203/2024 17 October 2024

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Data collected from official public procurement sources. Amounts as published by the buyer.