ENQEIR997 FASS Credit Management Services

{
  "buyer": {
    "id": "GB-PPON-PPVY-9479-DHPY",
    "name": "SONI Ltd"
  },
  "date": "2026-03-16T09:55:51Z",
  "id": "023324-2026",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-h6vhtk-066a99",
  "parties": [
    {
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "Belfast",
        "postalCode": "BT6 9RT",
        "region": "UKN0E",
        "streetAddress": "12 Manse Road"
      },
      "contactPoint": {
        "email": "tenders.SONI@soni.ltd.uk",
        "name": "Dee Fraser"
      },
      "details": {
        "classifications": [
          {
            "description": "Private utility",
            "id": "privateUtility",
            "scheme": "UK_CA_TYPE"
          },
          {
            "description": "Northern Irish devolved regulations apply",
            "id": "GB-NIR",
            "scheme": "UK_CA_DEVOLVED_REGULATIONS"
          }
        ]
      },
      "id": "GB-PPON-PPVY-9479-DHPY",
      "identifier": {
        "id": "PPVY-9479-DHPY",
        "scheme": "GB-PPON"
      },
      "name": "SONI Ltd",
      "roles": [
        "buyer"
      ]
    }
  ],
  "tag": [
    "tender"
  ],
  "tender": {
    "aboveThreshold": true,
    "awardPeriod": {
      "endDate": "2026-06-01T23:59:59+01:00"
    },
    "coveredBy": [
      "GPA"
    ],
    "description": "This notice does not commence a competitive tendering process. For the detailed requirements and relevant documentation, please see the Call for Competition, published on https://www.etenders.gov.ie/epps/cft/listContractDocuments.do?resourceId=7694501.\nDescription: The TSOs are developing competitive market arrangements for system services under the FASS Programme (Future Arrangements for System Services). The TSOs require that all markets under FASS are fully collateralised. To accomplish this the TSOs require credit management services to be provided by a third party, who will assume and manage the credit risk to the TSOs, including the implementation of automated system-to-system interfaces to enable this service. (1) The primary service required by the TSOs is credit management for DASSA (Day Ahead System Services Auction) secondary trading. (2) A secondary element of the service is the management of a fixed amount of collateral for providers to cover other aspects of the FASS markets including but not limited to any performance related payments due to the TSOs (e.g. DASSA compensation payments) and resettlement. Full information relating to our requirement can be found in the accompanying procurement documents \u0027FASS PQQ and Information Memorandum\u0027. Please note that the value of this tender reflects the amount expected to be paid by EirGrid and SONI for this implementation and maintenance of this service. The TSOs expect that the operational costs for providing this service will be recovered from market participants, reflecting the cost to the tenderer to manage market participants\u2019 credit cover. As such, the value of the tender reflects only the portion of the total value payable by EirGrid and SONI to the tenderer.",
    "documents": [
      {
        "description": "Not published",
        "documentType": "conflictOfInterest",
        "id": "conflictOfInterest"
      },
      {
        "datePublished": "2026-03-16T09:55:51Z",
        "description": "Tender notice on Find a Tender",
        "documentType": "tenderNotice",
        "format": "text/html",
        "id": "023324-2026",
        "noticeType": "UK4",
        "url": "https://www.find-tender.service.gov.uk/Notice/023324-2026"
      }
    ],
    "enquiryPeriod": {
      "endDate": "2026-03-25T12:30:00+00:00"
    },
    "expressionOfInterestDeadline": "2026-04-10T12:30:00+01:00",
    "id": "ENQEIR997",
    "items": [
      {
        "additionalClassifications": [
          {
            "description": "Financial consultancy, financial transaction processing and clearing-house services",
            "id": "66170000",
            "scheme": "CPV"
          },
          {
            "description": "Financial market regulatory services",
            "id": "66152000",
            "scheme": "CPV"
          },
          {
            "description": "Transaction-processing software package",
            "id": "48217000",
            "scheme": "CPV"
          },
          {
            "description": "Processing and clearing services",
            "id": "66133000",
            "scheme": "CPV"
          },
          {
            "description": "Development of transaction processing and custom software",
            "id": "72232000",
            "scheme": "CPV"
          },
          {
            "description": "Commodity brokerage services",
            "id": "66132000",
            "scheme": "CPV"
          },
          {
            "description": "Security brokerage services",
            "id": "66131000",
            "scheme": "CPV"
          },
          {
            "description": "Brokerage and related securities and commodities services",
            "id": "66130000",
            "scheme": "CPV"
          },
          {
            "description": "Financial analysis software package",
            "id": "48441000",
            "scheme": "CPV"
          },
          {
            "description": "Industry specific software package",
            "id": "48100000",
            "scheme": "CPV"
          },
          {
            "description": "Banking and investment services",
            "id": "66100000",
            "scheme": "CPV"
          },
          {
            "description": "Financial information systems",
            "id": "48812000",
            "scheme": "CPV"
          },
          {
            "description": "Financial systems software package",
            "id": "48442000",
            "scheme": "CPV"
          }
        ],
        "deliveryAddresses": [
          {
            "country": "GB",
            "countryName": "United Kingdom",
            "region": "UK"
          },
          {
            "country": "IE",
            "countryName": "Ireland",
            "region": "IE"
          }
        ],
        "id": "1",
        "relatedLot": "1"
      }
    ],
    "legalBasis": {
      "id": "2023/54",
      "scheme": "UKPGA",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
    },
    "lots": [
      {
        "awardCriteria": {
          "criteria": [
            {
              "description": "Candidates must complete the Quality Assurance Questionnaire.\nCandidates must have a documented Quality Management System (QMS) in place.\nThe overall QA strength of the Candidates who meet the minimum requirement will be evaluated in accordance with the weighting indicated.",
              "name": "Quality Assurance",
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                {
                  "number": 10.0,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            },
            {
              "description": "Candidates must complete the Previous Experience Questionnaire.\nCandidates are required to demonstrate that they have sufficient recent and relevant experience to deliver contracts of this nature:\nCandidates are required to provide details of the three (3) most relevant contracts undertaken by the Candidate in the last five years.\nThis criterion is sub-weighted across the three contracts with each weighted at 30% marks.\nA number of sections within each contract are also sub-weighted as follows\n\u2022 Client\u2019s Organisation/Industry (5% marks)\n\u2022 Candidate\u2019s Role (5% marks)\n\u2022 Scale Value (5% marks)",
              "name": "Previous Experience ",
              "numbers": [
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                  "number": 90.0,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
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          ]
        },
        "contractPeriod": {
          "endDate": "2031-05-31T23:59:59+01:00",
          "maxExtentDate": "2034-05-31T23:59:59+01:00",
          "startDate": "2026-06-01T00:00:00+01:00"
        },
        "description": null,
        "hasRenewal": true,
        "id": "1",
        "renewal": {
          "description": "Option to extend annually for a further 3 years"
        },
        "secondStage": {
          "maximumCandidates": 3,
          "minimumCandidates": 3
        },
        "selectionCriteria": {
          "criteria": [
            {
              "description": "Refer to PQQ",
              "type": "economic"
            },
            {
              "description": "Refer to PQQ",
              "type": "technical"
            },
            {
              "description": "Quality and Previous experience refer to PQQ for full details ",
              "forReduction": true
            }
          ]
        },
        "status": "active",
        "suitability": {
          "sme": true
        },
        "value": {
          "amount": 1071453.0,
          "amountGross": 1285743.0,
          "currency": "EUR"
        }
      }
    ],
    "mainProcurementCategory": "services",
    "procedure": {
      "features": "Negotiated with prior publication of a call for competition / competitive with negotiation. Please refer to the attached Pre-Qualification Questionnaire"
    },
    "procurementMethod": "selective",
    "procurementMethodDetails": "Competitive flexible procedure",
    "specialRegime": [
      "utilities"
    ],
    "status": "active",
    "submissionMethodDetails": "www.etenders.gov.ie",
    "submissionTerms": {
      "electronicSubmissionPolicy": "allowed",
      "languages": [
        "en"
      ]
    },
    "techniques": {
      "frameworkAgreement": {
        "description": "Please refer to PQQ",
        "method": "withReopeningCompetition",
        "type": "closed"
      },
      "hasFrameworkAgreement": true
    },
    "title": "ENQEIR997 FASS Credit Management Services ",
    "value": {
      "amount": 1071453.0,
      "amountGross": 1285743.0,
      "currency": "EUR"
    }
  }
}