--- title: "DfE - Review of Rates of Return for Renewable Electricity Generators Accredited under the Northern Ireland Renewables Obligation (NIRO) - (ID 3885459)" ocid: "ocds-h6vhtk-0325be" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0325be" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0325be.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0325be.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "DEPARTMENT FOR THE ECONOMY DFE" published: "2022-03-24" --- # DfE - Review of Rates of Return for Renewable Electricity Generators Accredited under the Northern Ireland Renewables Obligation (NIRO) - (ID 3885459) Buyer: DEPARTMENT FOR THE ECONOMY DFE Current stage: Tender OCID: ocds-h6vhtk-0325be [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0325be) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0325be.json) ## Summary The Department for the Economy (DfE) is currently in the Tender stage of a public procurement process for the project titled "DfE – Review of Rates of Return for Renewable Electricity Generators Accredited under the Northern Ireland Renewables Obligation (NIRO)". This initiative, categorised under Accounting, Auditing and Fiscal Services, has a contract value of £120,000. Bids must be submitted electronically by 3rd May 2022, with the award expected to follow shortly thereafter. The contracted services are aimed at providing a thorough review of financial returns for renewable electricity generators in Northern Ireland to ensure compliance with State Aid regulations. This tender presents a significant opportunity for businesses specialising in consultancy and evaluation services, particularly those experienced in financial analysis and auditing within the renewable energy sector. Companies with a strong background in gathering and analysing data related to costs and revenues of electricity generation, as well as expertise in regulatory compliance, would be well-positioned to compete effectively for this contract. Engaging in this procurement could enhance their portfolios and foster connections within the growing renewable energy industry in Northern Ireland. ## Notice In October 2020 the NIAO published its report entitled "Generating electricity from renewable energy". The report advises, inter-alia, that, in the NIAO view, the financial return for some investors may have been more generous than it needed to be. The report also made six recommendations, three of which are relevant to DfE, including Recommendation 6 below: Recommendation 6 'The Department for the Economy should carry out a review of all types of renewable generators to ensure that current levels of financial support and the actual rates of return that are being achieved are compatible with the original projections and State Aid rules.' DfE is seeking to appoint an external provider to undertake an exercise to meet the requirements of delivering Recommendation 6 of the NIAO report. A potential provider will need to be in a position to obtain and analyse data on the actual costs and revenues of renewable electricity generating stations, accredited to the NIRO, to enable accurate rates of return to be calculated across all relevant technologies. The contract is expected to commence upon award. ### Lot Information Lot 1 In October 2020 the NIAO published its report entitled "Generating electricity from renewable energy". The report advises, inter-alia, that, in the NIAO view, the financial return for some investors may have been more generous than it needed to be. The report also made six recommendations, three of which are relevant to DfE, including Recommendation 6 below: Recommendation 6 'The Department for the Economy should carry out a review of all types of renewable generators to ensure that current levels of financial support and the actual rates of return that are being achieved are compatible with the original projections and State Aid rules.' DfE is seeking to appoint an external provider to undertake an exercise to meet the requirements of delivering Recommendation 6 of the NIAO report. A potential provider will need to be in a position to obtain and analyse data on the actual costs and revenues of renewable electricity generating stations, accredited to the NIRO, to enable accurate rates of return to be calculated across all relevant technologies. The contract is expected to commence upon award. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/007972-2022 | | 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 | 24 Mar 2022 | | Submission deadline | 3 May 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £120,000 | | Lots value | Not specified | | 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 | DEPARTMENT FOR THE ECONOMY DFE | | Locality | BELFAST | | Post town | Not specified | | Postcode | N/A | | Country | Not specified | | ITL 1 | Not specified | | ITL 2 | Not specified | | ITL 3 | Not specified | | Local authority | Not specified | | Electoral ward | Not specified | | Westminster constituency | Not specified | | Delivery location | TLN Northern Ireland | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79000000 - Business services: law, marketing, consulting, recruitment, printing and security - 79200000 - Accounting, auditing and fiscal services - 79210000 - Accounting and auditing services - 79212000 - Auditing services - 79212300 - Statutory audit services - 79212500 - Accounting review services - 79419000 - Evaluation consultancy services ## Release History - 24 Mar 2022 at 11:34 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/007972-2022 ## Notice URLs - https://etendersni.gov.uk/epps ## 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-0325be. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0325be.json.