Request for Tenders for the Provision of a Capacity Auction Monitor

AI-generated analysis of the documents. Check the official notice and any amendments for current submission details.

1. At a glance

Buyer Title CPV / category Estimated value Per-year Procedure type Lots Location Contract length Submission deadline Go-live / start |-------|-------|----------------|-----------------|----------|----------------|------|----------|------------------|---------------------|------------------| Commission for Regulation of Utilities Request for Tenders for the Provision of a Capacity Auction Monitor not stated not disclosed not stated Open procedure not stated not stated 36 months, with a possible 12-month extension 10 July 2026, 12:00 noon not stated

2. Scope of Work

The contractor will provide monitoring services for the Capacity Auction Monitor within the all-island Single Electricity Market (SEM). This role involves overseeing the qualification processes and capacity auctions conducted by the System Operators, ensuring compliance with the Capacity Market Code (CMC). The contractor will deliver two reports per Capacity Auction, with a minimum of one Capacity Auction occurring each calendar year.

Key activities include:

• Monitoring Processes: Oversee the qualification process and capacity auctions as per the CMC.
• Reporting: Deliver two reports for each Capacity Auction, including:
• A report on the Qualification Process.
• An auction report for each Capacity Auction.
• Compliance Assurance: Ensure that System Operators adhere to their obligations under the CMC.
• Engagement with Authorities: Provide independent assurance to the Commission for Regulation of Utilities (CRU) and The Utility Regulator (UR).
• Documentation: Maintain records and documentation as required by the Terms of Reference established by the SEM Committee (SEMC).

The contractor must be prepared to engage with both regulatory authorities and the System Operators, ensuring transparency and accountability in the auction process.

3. Background & buyer context

This tender is being issued as part of the regulatory framework governing the all-island Single Electricity Market (SEM). The CRU and UR are seeking to appoint a Capacity Auction Monitor to ensure that the capacity auctions are conducted fairly and transparently, in line with the Capacity Market Code (CMC). This procurement aligns with ongoing efforts to enhance market efficiency and regulatory compliance in the energy sector. The incumbent monitor is not specified, indicating a potential opportunity for new entrants.

4. Eligibility & selection criteria

Bidders must meet the following eligibility and selection criteria:

• Turnover requirement: Minimum average annual turnover of €500,000 in any of the last three years.
• Insurance:
• Employer's Liability: €12.7 million limit for any one claim.
• Public Liability: €6.5 million limit for any one claim.
• Professional Indemnity: €1.0 million limit for any one claim.
• Certifications: Not specified for this tender.
• Past experience: Not specified for this tender.
• Personnel: Not specified for this tender.
• Geographic / facility constraints: Not specified for this tender.

5. Award criteria & scoring

Bids will be evaluated based on the following criteria:

The overall scoring will follow the Most Economically Advantageous Tender (MEAT) principle, balancing quality and price.

6. Submission requirements

Bidders must submit the following documents:

• Method statement / response document: Complete the provided Tender Response Document (TRD).
• CVs: Include CVs for key personnel, limited to two pages each.
• Pricing schedule: Use the specified template for pricing.
• Case studies: Provide two case studies of similar projects, with values between €500,000 and €1 million.
• Declarations: Include ESPD, Bona Fides, Tax clearance, and Conflict of Interest declarations.
• Mandatory site visit: Not specified for this tender.
• Submission portal: Tenders must be submitted via the eTenders platform.

7. Key dates & process

8. Contract terms that matter

Key contract terms include:

• Term: The contract will be for 36 months, with a potential extension of up to 12 months.
• Payment terms: Payments will be made in accordance with the terms outlined in the Services Contract.
• Key SLAs/KPIs: Not specified for this tender.
• Liquidated damages: Not specified for this tender.
• Termination clauses: Not specified for this tender.
• IP ownership: Not specified for this tender.
• Sub-contracting rules: Subcontracting is permitted, but the Prime Contractor must be clearly identified.

9. Risks, red flags & unusuals

Potential risks and concerns include:

• Turnover requirement: The minimum turnover requirement of €500,000 may limit participation from smaller firms.
• Lack of specified experience: The absence of defined past experience requirements could lead to ambiguity in evaluation.
• No incumbent specified: This may indicate a more competitive environment, but also uncertainty for bidders regarding market expectations.

10. SME fit assessment

This tender is open to small and medium enterprises (SMEs) that can demonstrate the necessary financial and technical capabilities. Viable bidders should have:

• Relevant experience in regulatory monitoring or similar services.
• The ability to meet insurance and turnover requirements.
• The option to form consortia or subcontract to enhance capabilities.

Indicative bid preparation effort is estimated at 10-15 days, depending on the complexity of the proposal. The presence of a potential incumbent is not specified, which may indicate a level playing field for new entrants.

11. Where to dig deeper

• Source RFT filename: [011-03-639 RFT for Capacity Auction Monitor Final.pdf]
• eTenders CFT ID: 639
• Contact email: Not specified; queries should be directed through the eTenders messaging facility.
• Important attachments:
• Appendix 1 — Requirements and Specifications
• Appendix 5 — Services Contract
• Appendix 3 — Tenderer’s Statement