Tender

ENQEIR983 FASS Credit Management Services

  • SONI Ltd

UK4: Tender notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-069522

Procurement identifier (OCID): ocds-h6vhtk-05d699

Published 29 October 2025, 4:15pm



Scope

Reference

ENQEIR983

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 OJEU ref 6868206 https://www.etenders.gov.ie/epps/cft/viewTenders.do?resourceId=6868206

EirGrid and SONI are currently developing the Future Arrangements of System Services (FASS) which includes the development and implementation of a new set of arrangements to replace the existing System Services procurement mechanism (DS3 System Services (DS3)). The existing DS3 arrangements were designed to meet the 2020 renewable targets of 40% RES-E and are not sufficient for Ireland and Northern Ireland to achieve targets of 80% renewable generation by 2030. The new set of arrangements aim to drive investment in an efficient manner to ensure the all-island power system can continue to be operated safely and securely.

In April 2022 the SEM Committee (SEMC) published its High-Level Design for the SSFA as set out in SEM-22-012. EirGrid and SONI, in their respective capacities as Transmission System Operator in Ireland and Northern Ireland respectively are supporting the SEMC in the development of its High-Level Design (HLD) into an implementable solution.

The Regulatory Authorities (RAs) have requested the TSOs to implement these arrangements to achieve the RES-E targets and to ensure compliance with the relevant aspects of European legislation such as the European Balancing Guidelines (EBGL) and the Clean Energy Package. On 8th December 2023, the SEMC released a decision paper on the Detailed Design and Implementation of Future Arrangements of System Services (SEM-23-103).

As set out in the decision paper, the RAs have proposed to proceed with the Day Ahead System Services Auction (DASSA). The decision paper sets out a number of workstreams for the TSOs to commence, which includes a secondary market via a central platform where market participants can bilaterally trade their DASSA positions on a half hourly basis. The DASSA is scheduled to go live from May 2027.

Elements of the DASSA design require collateral coverage to manage credit risk to the TSOs. These elements include but are not limited to secondary trading, any performance related payments due to the TSOs (e.g. DASSA compensation payments) and resettlement. The TSOs require a third-party provider to assume the credit risk for these FASS Collateral Arrangements and host the requirements outlined in the scope of requirements section below.

The Opportunity

EirGrid plc intends to establish a single supplier framework. The supplier will assume and manage credit risk for the FASS Collateral Arrangements on behalf of EirGrid plc and SONI Limited.

The Framework Agreement will encompass further credit management related services agreed during negotiations.

EirGrid plc is acting as lead contracting authority and its group company, SONI Limited will benefit from services under the Framework. As such and in compliance with SONI Limited's obligations under the Procurement Act 2023 (the "Act"), this notice is published to advertise the opportunity but does not commence a competitive tendering procedure for the purposes of the Act. The procurement remains governed by Council Directive 2014/25/EU as transposed into Irish law by the European Union Award of Contracts by Utility Undertakings) Regulations 2016 (S.I. 286 of 2016) (the "Regulations"), will be run in compliance with those Regulations, pursuant to OJEU Notice ref: 6868206, but will also be managed in compliance with the Procurement Act 2023 in so far as possible, to discharge SONI Limited's obligations under the Act.

Commercial tool

Establishes a framework

Total value (estimated)

  • 1071453 EUR excluding VAT
  • 1317887 EUR including VAT

Above the relevant threshold

Contract dates (estimated)

  • 1 April 2026 to 31 March 2031
  • Possible extension to 31 March 2034
  • 8 years

Description of possible extension:

3 years (1 + 1 + 1)

Main procurement category

Services

CPV classifications

  • 48100000 - Industry specific software package
  • 75100000 - Administration services
  • 79200000 - Accounting, auditing and fiscal services
  • 66100000 - Banking and investment services
  • 48700000 - Software package utilities

Contract locations

  • IE - Ireland

Framework

Maximum number of suppliers

1

Maximum percentage fee charged to suppliers

0%

Framework operation description

Call-off contracts will be awarded to the framework supplier either on the basis of the original tender submitted or after discussing the specific scope of work/requirements and agreeing the contract price in accordance with the original tender submission.

Award method when using the framework

Without competition

Contracting authorities that may use the framework

EirGrid and EirGrid's group companies including SONI Limited


Participation

Legal and financial capacity conditions of participation

Candidates will be asked to demonstrate that their economic and financial standing meets the Authority's requirements.

Further information as stated in the procurement documents.

Technical ability conditions of participation

Candidates will be asked to submit details of three recent relevant contracts, giving a comprehensive description of the services undertaken and their relevance to EirGrid's requirements.

Candidates will be asked to provide details related to past performance in areas critical to Framework delivery. These include:

1. Health and Safety, Environment and Employment;

2. Cyber Security Assurance;

3. Candidate Capacity

4. Quality Assurance

Further information as stated in the procurement documents.

Particular suitability

Small and medium-sized enterprises (SME)


Submission

Enquiry deadline

13 November 2025, 12:00am

Submission type

Requests to participate

Deadline for requests to participate

28 November 2025, 12:00am

Submission address and any special instructions

Tenders may be submitted electronically

Yes

Languages that may be used for submission

English

Award decision date (estimated)

1 March 2026


Award criteria

This table contains award criteria for this lot
Name Description Type Weighting
Previous Experience

Candidates must complete the Previous Experience Questionnaire.

Candidates are required to demonstrate that they have sufficient recent and relevant experience to deliver contracts of this nature:...

Quality 90.00%
Quality Assurance

Candidates must complete the Quality Assurance Questionnaire.

Candidates must have a documented Quality Management System (QMS) in place.

The overall QA strength of the Candidates who meet the minimum...

Quality 10.00%

Other information

Applicable trade agreements

  • Government Procurement Agreement (GPA)

Conflicts assessment prepared/revised

Yes


Procedure

Procedure type

Competitive flexible procedure

Special regime

Utilities

Competitive flexible procedure description

The Procurement is being run by EirGrid in accordance with the Negotiated procedure with a prior call for competition as set out in Council Directive 2014/25/EU as transposed into Irish law by the Regulations, pursuant to an OJEU Notice ref: 6868206. As stated above, this Notice does not commence a competitive tendering procedure but rather is published to notify prospective bidders that a competition has been commenced, by Eirgrid, on behalf of itself and SONI (amongst others), the conduct of which will be governed by the Regulations.

The Authority considers that the Negotiated procedure with a prior call for competition also satisfies the requirements of the Competitive Flexible Procedure as provided for in the Act.

If an organisation would like further information regarding conduct of the competition, please refer to OJEU notice ref: 6868206.

https://www.etenders.gov.ie/epps/cft/viewTenders.do?resourceId=6868206

Justification for not publishing a preliminary market engagement notice

Private Utility Company


Contracting authority

SONI Ltd

  • Public Procurement Organisation Number: PPVY-9479-DHPY

12 Manse Road

Belfast

BT6 9RT

United Kingdom

Contact name: Dee Fraser

Email: tenders.soni@soni.ltd.uk

Region: UKN0E - Lisburn and Castlereagh

Organisation type: Public undertaking (commercial organisation subject to public authority oversight)

Devolved regulations that apply: Northern Ireland