---
title: "T148 - Risk Management Advisory Services"
ocid: "ocds-h6vhtk-067832"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-067832"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-067832.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-067832.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "NORTHERN IRELAND WATER LIMITED"
published: "2026-07-02"
---

# T148 - Risk Management Advisory Services

Buyer: NORTHERN IRELAND WATER LIMITED  
Current stage: Tender  
OCID: ocds-h6vhtk-067832

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## Summary

Northern Ireland Water Limited, a public authority operating under Northern Irish devolved regulations, is seeking Risk Management Advisory Services. This tender, identified as T148, is in the Tender stage and encompasses the development of an energy risk management strategy and advisory on energy price hedging via financial derivatives. The contract is valued at £950,000, with a potential gross value of £1,140,000. Located in Belfast and covering financial and energy-related consultancy services, this procurement follows a Competitive Flexible Procedure. Interested parties must submit expressions of interest by 31st July 2026, with enquiries closing on 24th July 2026, and the award period finishing on 4th September 2026. The contract is scheduled to commence on 1st October 2026 and could be extended up to five times.

This tender presents significant growth opportunities for businesses specialising in financial, insurance, treasury, and energy consultancy services. Firms with expertise in energy risk management, energy-efficiency consultancy, and commodity financial derivatives are particularly well-suited to compete for this contract. As the procurement process allows electronic submissions, and the tender is set within a competitive but flexible framework, firms with robust technological capabilities and strategic advisory skills are likely to benefit most. Moreover, the considerable potential for contract renewal and additional service procurement offers further business scaling opportunities.

## Notice

The provision of Risk Management Advisory Services including the ongoing development of the Client's energy risk management policy and strategy, and provision of advisory services in respect of energy price hedging through the use of commodity financial derivatives and indices.

### Lot Information

Lot 1

Options: The Client reserves the right to purchase the following additional Services under this Contract during the Contract Period, the cumulative effect of these additional Services will not increase the Contract's value to more than two times the value advertised in the contract notice. * Other risk management services related to the Clients business * Other energy related services

Renewal: An extension of 12 Months, up to 5 times.

### Planning Information

NI Water is preparing to go out to market to appoint an external support for Hedging Advisory Services. Prior to publishing the tender, we would like to invite interested parties to meet with us during the first week of May 2026.
The purpose of these meetings is to outline the upcoming tender process and gather valuable market insights that may help shape the final requirements.
If you are interested in meeting with NI Water, please contact us at:
sourcing@niwater.com – FAO Neil Elliott

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/062399-2026 |
| Notice type | UK4 - Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive flexible procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Planning, Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Jul 2026 |
| Submission deadline | 24 Jul 2026 |
| Future notice date | 8 May 2026 |
| Award date | Not specified |
| Contract period | 30 Sep 2026 - 30 Sep 2028 |
| Recurrence | 2033-05-02 |

## Values

| Field | Value |
| --- | --- |
| Tender value | £950,000 |
| Lots value | £950,000 |
| 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 | NORTHERN IRELAND WATER LIMITED |
| Locality | BELFAST |
| Post town | Northern Ireland |
| Postcode | BT14 6TE |
| Country | Northern Ireland |
| ITL 1 | TLN Northern Ireland |
| ITL 2 | TLN0 Northern Ireland |
| ITL 3 | TLN06 Belfast |
| Local authority | Belfast |
| Electoral ward | Chichester Park |
| Westminster constituency | Belfast North |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 71 - Architectural, construction, engineering and inspection services

### Codes

- 66000000 - Financial and insurance services
- 66600000 - Treasury services
- 71314000 - Energy and related services
- 71314200 - Energy-management services
- 71314300 - Energy-efficiency consultancy services

## Release History

- 2 Jul 2026 at 14:33 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/062399-2026
- 30 Mar 2026 at 15:15 - Planning - UK2 - Preliminary Market Engagement Notice - https://www.find-tender.service.gov.uk/Notice/029273-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/062399-2026
  2nd July 2026 - Tender notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/029273-2026
  30th March 2026 - Preliminary market engagement notice on Find a Tender

## Notice URLs

- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-067832. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-067832.json.