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PROCUREMENT OPPORTUNITY

ENQEIR983 FASS Credit Management Services

SONI Ltd · Tender notice on Find a Tender

Tender information last checkedLast checked 30 Sept 2026, 12:00.

Opportunity overview

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.

Classification

  • CPV48100000 — Industry specific software package
  • CPV48700000 — Software package utilities
  • CPV66100000 — Banking and investment services
  • CPV75100000 — Administration services
  • CPV79200000 — Accounting, auditing and fiscal services

Lots

  • Lot 1€1.1m

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
ENQEIR983
Status
active
Above Threshold
Yes
Procurement Method
selective
Main Procurement Category
services
Procurement Method Details
Competitive flexible procedure
Expression Of Interest Deadline
28 Nov 2025, 00:00

Covered By

GPA

Procedure

Features
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

Legal basis

Id
2023/54
Scheme
UKPGA

Techniques

Has Framework Agreement
Yes

Framework Agreement

Type
open
Method
withoutReopeningCompetition
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.
Buyer Categories
EirGrid and EirGrid’s group companies including SONI Limited
Maximum Participants
1

Expected award period

Ends
1 Mar 2026, 23:59

Enquiry period

Ends
13 Nov 2025, 00:00

Special regime

utilities

Submission terms

Electronic Submission Policy
allowed

Languages

en

Lots and requirements

Entry 1
Id
1
Status
active
Has Renewal
Yes

Value

Amount
1,071,453
Currency
EUR
Including VAT
1,317,887

Renewal

Description
3 years (1 + 1 + 1)

Suitability

Sme
Yes

Award criteria

Criteria

Criterion 1
Name
Quality Assurance
Type
quality
Description
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 requirement will be evaluated in accordance with the weighting indicated.

Numbers

Entry 1
Number
10
Weight
percentageExact
Criterion 2
Name
Previous Experience
Type
quality
Description
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: Candidates are required to provide details of the three (3) most relevant contracts undertaken by the Candidate in the last five years. This criterion is sub-weighted across the three contracts with each weighted at 30% marks.

Numbers

Entry 1
Number
90
Weight
percentageExact

Contract period

Ends
31 Mar 2031, 23:59
Starts
1 Apr 2026, 00:00
Max Extent Date
31 Mar 2034, 23:59

Selection criteria

Criteria

Criterion 1
Type
economic
Description
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.
Criterion 2
Type
technical
Description
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.
Criterion 3
Description
Refer to PQQ
For Reduction
Yes

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
IE
Country
IE
Country Name
Ireland

Additional Classifications

Entry 1
Id
48100000
Scheme
CPV
Description
Industry specific software package
Entry 2
Id
75100000
Scheme
CPV
Description
Administration services
Entry 3
Id
79200000
Scheme
CPV
Description
Accounting, auditing and fiscal services
Entry 4
Id
66100000
Scheme
CPV
Description
Banking and investment services
Entry 5
Id
48700000
Scheme
CPV
Description
Software package utilities

Published documents

Entry 1
Id
conflictOfInterest
Description
Not published
Document Type
conflictOfInterest
Entry 2
Id
069522-2025
Format
text/html
Notice Type
UK4
Description
Tender notice on Find a Tender
Document Type
tenderNotice
Published
29 Oct 2025, 16:15

Planning and budget

No Engagement Notice Rationale
Private Utility Company

Buyer, suppliers and contacts

Organisation 1
Id
GB-PPON-PPVY-9479-DHPY
Name
SONI Ltd

Roles

buyer

Address

Region
UKN0E
Country
GB
Locality
Belfast
Postal Code
BT6 9RT
Country Name
United Kingdom
Street Address
12 Manse Road

Details

Classifications

Entry 1
Id
publicUndertaking
Scheme
UK_CA_TYPE
Description
Public undertaking
Entry 2
Id
GB-NIR
Scheme
UK_CA_DEVOLVED_REGULATIONS
Description
Northern Irish devolved regulations apply

Identifier

Id
PPVY-9479-DHPY
Scheme
GB-PPON

Contact

Name
Dee Fraser

Recorded locations

  • Buyer location · Belfast · UKN0E · BT6 9RT · United Kingdom
  • Delivery location · IE · Ireland

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-05d699-2025-10-29T16:15:39ZTender notice on Find a Tender ·