Enqeir977 - Fass Credit Management Services Tender
Notice for Enqeir977 - Fass Credit Management Services in Ireland. The reference ID of the tender is 137654695 and it is closing on 10 Apr 2026.
Tender Details
- Country: Ireland
- Summary: Enqeir977 - Fass Credit Management Services
- IET Ref No: 137654695
- Deadline: 10 Apr 2026
- Financier: Self Financed
- Purchaser Ownership: Government
- Tender Value: EUR 1071453
- Notice Type: Tender
- Document Ref. No.: 173615-2026
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- 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. • The primary service required by the TSOs is credit management for DASSA (Day Ahead System Services Auction) secondary trading. • 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. 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 service will be recovered from market participants, reflecting the cost to the tenderer to manage market participants- credit cover. As such, the value of the tender reflects only the portion of the total value payable by EirGrid and SONI to the tenderer.
Doc Title: ENQEIR977 - FASS Credit Management Services
Contract Type: services - Documents:
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CLICK HERE TO LOGINEnqeir977 - Fass Credit Management Services - Ireland Tender
The EIRGRID PLC, a Government sector organization in Ireland, has announced a new tender for Enqeir977 - Fass Credit Management Services. This tender is published on IrelandTenders under IET Ref No: 137654695 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2026-04-10.
The estimated tender value is EUR 1071453, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.
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