---
title: "Provision of Provision of Trading and Settlement Code Market Auditor and Capacity Market Auditor of the Single Electricity Market"
ocid: "ocds-h6vhtk-0313eb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0313eb"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0313eb.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0313eb.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "UTILITY REGULATOR"
published: "2022-02-07"
---

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

Buyer: UTILITY REGULATOR  
Current stage: Tender  
OCID: ocds-h6vhtk-0313eb

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## Summary

The Utility Regulator, in collaboration with the Commission for Regulation of Utilities, is procuring services titled "Provision of Trading and Settlement Code Market Auditor and Capacity Market Auditor of the Single Electricity Market". This procurement falls within the accounting and auditing services industry category and is located in Northern Ireland. Currently in the active tender stage, the submission deadline is set for 3rd March 2022. The total estimated value of the contract is €1,050,000, distributed across two lots: €600,000 for the Trading and Settlement Code Market Auditor and €450,000 for the Capacity Market Auditor. The procurement process follows an open procedure methodology.

This tender presents significant opportunities for businesses specialising in auditing and regulatory compliance services, particularly those experienced within the energy sector. Companies with expertise in accounting and auditing services, as well as those familiar with market mechanisms in the electricity sector, would be well-suited to compete for this contract. Engaging in this process may enhance these businesses' profiles, allowing them to establish or reinforce their foothold in the energy market across both Northern Ireland and the Republic of Ireland.

## Notice

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 Information

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

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.

Provision of Capacity Market Auditor of the Single Electricity Market

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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/003408-2022 |
| 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 |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Feb 2022 |
| Submission deadline | 3 Mar 2022 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,050,000 |
| Lots value | £1,050,000 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Active |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UTILITY REGULATOR |
| Additional buyers | COMMISSION FOR REGULATION OF UTILITIES |
| Locality | BELFAST |
| Post town | Northern Ireland |
| Postcode | BT1 6ED |
| Country | Northern Ireland |
| ITL 1 | TLN Northern Ireland |
| ITL 2 | TLN0 Northern Ireland |
| ITL 3 | TLN06 Belfast |
| Local authority | Belfast |
| Electoral ward | Central |
| Westminster constituency | Belfast South and Mid Down |
| Delivery location | Not specified |

## CPV Codes

### Divisions

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

### Codes

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

## Release History

- 7 Feb 2022 at 12:40 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/003408-2022

## Notice URLs

- http://www.courts.ie
- http://www.cru.ie
- https://irl.eu-supply.com/ctm/Supplier/PublicPurchase/206261/0/0?returnUrl=&b=ETENDERS_SIMPLE

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0313eb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0313eb.json.