Tender

Provision of Capacity Auction Monitor

UTILITY REGULATOR

This public procurement record has 1 release in its history.

Tender

15 Jun 2022 at 08:52

Summary of the contracting process

The Utility Regulator, in collaboration with the Commission for Regulation of Utilities, has initiated a tender titled "Provision of Capacity Auction Monitor." This procurement process, which falls under the accounting, auditing, and fiscal services industry category, is located in Dublin, Ireland. Currently at the tender stage, the submission deadline is set for 11th July 2022, with the contract valued at €450,000. The procurement method adopted is an open procedure, allowing a broad range of suppliers to participate and present their bids.

This tender presents a significant opportunity for businesses engaged in auditing and fiscal services, especially those experienced in regulatory compliance within the energy sector. Companies that possess expertise in capacity auction monitoring or those who can provide independent assurance services would be particularly well-positioned to compete for this contract. With the option for renewal and a potential contract duration of up to 48 months, successful bidders could secure a long-term engagement with key regulatory bodies operating across the all-island wholesale electricity market.

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Notice Title

Provision of Capacity Auction Monitor

Notice Description

The Commission for Regulation of Utilities and the Northern Ireland Authority for Utility Regulation (also known as the Utility Regulator (UR)) , together referred to as the Regulatory Authorities (RAs), have jointly regulated the all-island wholesale electricity market known as the Single Electricity Market (SEM) covering both Ireland and Northern Ireland respectfully. The decision-making body which governs the market is the SEM Committee (SEMC). The role of the Capacity Auction Monitor (CAM) is to provide independent assurance to the SEM Committee, Regulatory Authorities and other internal and external stakeholders that the System Operators' are correctly carrying out all of their obligations under the CMC. This includes the SOs conduct during the Provisional Qualification Process as well as the SOs conduct before, during and after running all Capacity Auctions.

Lot Information

Lot 1

The Capacity Remuneration Mechanism (CRM) is a system of auctions for the procurement of multiple MWs of electricity generating capacity from multiple bidders for different delivery timeframes. This is a key feature of ensuring electricity security of supply across the Single Electricity Market (SEM). The RAs administration of the CRM is led by the CRM Team on behalf of the SEM Committee. This includes the administration of the rules, known as the Capacity Market Code (CMC), execution of relevant auctions processes as defined within the CMC (including Exceptions Applications) and the setting of parameters that form inputs to each auction process (including where relevant, input in the policy positions relating to the methodologies that are used to set parameters). The role of the Capacity Auction Monitor (CAM) is to provide independent assurance to the SEM Committee, Regulatory Authorities and other internal and external stakeholders that the System Operators' are correctly carrying out all of their obligations under the CMC. This includes the SOs conduct during the Provisional Qualification Process as well as the SOs conduct before, during and after running all Capacity Auctions.

Options: The contract will be awarded for a term of thirty-six (36) months with the option to extend for a further twelve (12) month period with a maximum of one (1) such extension.

Renewal: he Contracting Authorities will have the right under any Services Contract to extend the Term for a period or periods of up to a total of 12 Months on the same terms and conditions, subject to the Contracting Authorities' obligations at law.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-034697
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/016370-2022
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£450,000 £100K-£500K
Lots Value
£450,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jun 20223 years ago
Submission Deadline
11 Jul 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UTILITY REGULATOR
Additional Buyers

COMMISSION FOR REGULATION OF UTILITIES

Contact Name
Ian Campbell, Katarina Holohan
Contact Email
accounts@uregni.gov.uk, kholohan@cru.ie
Contact Phone
+353 14000800, +44 2890316628

Buyer Location

Locality
BELFAST
Postcode
BT1 6ED
Post Town
Northern Ireland
Country
Northern Ireland

Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
Not specified

Local Authority
Belfast
Electoral Ward
Central
Westminster Constituency
Belfast South and Mid Down

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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