ENQEIR977 - FASS Credit Management Services
Buyer: EirGrid plc
- Published
- 12 March 2026
- Estimated value
- €1,071,453
- Place of performance
- IE061
- Procedure
- neg-w-call
- Lots
- 1
- Notice number
- 00173615-2026
- Reference
- 7c93fa8f-767a-4dd4-8ac5-7181243baf6a
- Official source
- Official source
CPV codes
- 66172000Servicios de procesamiento de transacciones financieras y de cámara de compensación
- 66133000Servicios de tramitación y liquidación
- 66152000Servicios de regulación del mercado financiero
- 48217000Paquetes de software de proceso de transacciones
- 66170000Servicios de asesoramiento financiero, de procesamiento de transacciones financieras y de cámara de compensación
- 72232000Desarrollo de software de procesamiento de transacciones y software personalizado
- 66132000Servicios de corretaje de mercancías
- 66131000Servicios de corretaje de valores
Description
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 'FASS PQQ and Information Memorandum'. 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 o…
Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is €1,071,453.
- Who is the buyer of this tender?
- The contracting authority is EirGrid plc (European Union).
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