ENQEIR977 - FASS Credit Management Services
Closed. Estimated value: €1,071,453.
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Amounts and figures
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…
Performance conditions
- Refer to procurement documentation
Official publications
| Medium | Reference | Date |
|---|---|---|
| TED | 00173615-2026 | 12 March 2026 |
| OJS | 50/2026 | 12 March 2026 |
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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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- Bids are submitted through the official public procurement portal in the European Union. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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