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Voluntary Ex Ante Transparency Notice for Support and Maintenance of Cygnus Loans Management System

Awarded to Gemini Mortgage Services

Dublin City Council(buyer)

Published
Published 21 November 2025
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Overview

Dublin City Council has awarded a five-year contract worth €350,000 to Gemini Mortgage Services for support and maintenance of the Cygnus loans management system, which currently manages over 2,000 mortgages with a loan portfolio of approximately €222 million. The procurement was awarded under a derogation from public procurement rules citing technical reasons and protection of exclusive intellectual property rights.

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What this covers

  • Voluntary Ex Ante Transparency Notice for Support and Maintenance of Cygnus Loans Management System

    Dublin City Council gives notice to invoke Article 32.2(b) (ii) and (iii) for a derogation from public procurement whereby the works, supplies or services can be provided only by a particular economic operator as (ii) competition is absent for technical reasons (iii) the protection of exclusive rights, including intellectual property rights; Dublin City Council intends to award a contract to Gemini Mortgage Solutions for a period of five years at a value of €350,000 for support and maintenance of the Cygnus loan and management accounting system. Over 2,000 mortgages are managed in the system with a loan portfolio for the amount of approximately €222 million.

    €350,000Won by Gemini Mortgage Services

Key details

Country
Ireland
Status
Awarded
Category
Services
Procedure
Direct
Published
21 November 2025
Classification (CPV)
IT services: consulting, software development, Internet and support

Award outcome

Awarded value
€350,000
Award date
19 November 2025
Winner
  • Gemini Mortgage Services

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Notice history

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  1. Contract

    21 November 2025

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