ENQEIR997 FASS Credit Management Services
Buyer: SONI Ltd
- Published
- 16 March 2026
- Estimated value
- €1,071,453
- Place of performance
- UK
- Procedure
- Restricted procedure
- Lots
- 1
- Documents
- 1
- Notice number
- 023324-2026
- Reference
- ocds-h6vhtk-066a99
- Official source
- Official source
CPV codes
- 66170000Financial consultancy, financial transaction processing and clearing-house services
- 66152000Financial market regulatory services
- 48217000Transaction-processing software package
- 66133000Processing and clearing services
- 72232000Development of transaction processing and custom software
- 66132000Commodity brokerage services
- 66131000Security brokerage services
- 66130000Brokerage and related securities and commodities services
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. 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 …
Official publications
- FTS · 023324-2026 · 16 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 SONI Ltd (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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