Provision of Provision of Trading and Settlement Code Market Auditor and Capacity Market Auditor of the Single Electricity Market

A Tender Notice
by UTILITY REGULATOR

Source
Find a Tender
Type
Contract (Services)
Duration
35.5 month
Value
€1M
Sector
BUSINESS
Published
07 Feb 2022
Delivery
To 15 Feb 2025 (est.)
Deadline
03 Mar 2022 12:00

Concepts

Location

Ireland:

Geochart for 2 buyers and 0 suppliers

2 buyers

Description

Since 1st November 2007 the Northern Ireland Authority for Utility Regulation ("NIAUR" or "Utility Regulator") and the Commission for Utility Regulation ("CRU"), together referred to as the "Regulatory Authorities" or "RAs", have jointly regulated the all-Island wholesale electricity market known as the Single Electricity Market ("SEM") covering both Northern Ireland and the Republic of Ireland. The decision-making body which governs the market is the SEM Committee ("SEMC").

Lot Division

1 Provision of Trading and Settlement Code Market Auditor of the Single Electricity Market
  • Value: €600K

The Services in Lot 1 relate to the all-island Single Electricity Market ("SEM"), specifically the SEM Trading and Settlement code ("TSC"). The TSC is a multilateral contract which sets out the rules and procedures concerning the sale and purchase of wholesale electricity in Ireland and Northern Ireland.
2 Provision of Capacity Market Auditor of the Single Electricity Market
  • Value: €450K

The Services in Lot 2 relate to the all-island Single Electricity Market ("SEM") specifically the Capacity Remuneration Mechanism ("CRM"). The Services for Lot 2 comprise providing the SEM with a Capacity Market Auditor to conduct an audit of the Capacity Market Code for a multi-year period.

CPV Codes

  • 79210000 - Accounting and auditing services
  • 79200000 - Accounting, auditing and fiscal services

Indicators

  • This is a one-off contract (no recurrence)
  • Renewals are not available.
  • Professional qualifications are sought.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains