Enqeir997 Fass Credit Management Services Tender - 137898306

Procurement Summary

Country: United Kingdom

Summary: Enqeir997 Fass Credit Management Services

Deadline: 10 Apr 2026

Posting Date: 16 Mar 2026

Other Information

Notice Type: Tender

TOT Ref.No.: 137898306

Document Ref. No.: ENQEIR997

Competition: ICB

Financier: Self Financed

Purchaser Ownership: Public

Tender Value: Refer Document

CPV Classification

66170000 - Financial consultancy, financial transaction processing and clearing-house services
66152000 - Financial market regulatory services
48217000 - Transaction-processing software package
66133000 - Processing and clearing services
72232000 - Development of transaction processing and custom software
66132000 - Commodity brokerage services
66131000 - Security brokerage services
66130000 - Brokerage and related securities and commodities services
48441000 - Financial analysis software package
48100000 - Industry specific software package
66100000 - Banking and investment services
48812000 - Financial information systems
48442000 - Financial systems software package

Purchaser's Detail

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Tender Details

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 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 operational costs for providing this servi...

Documents

 Tender Notice