T148 – Risk Management Advisory Services

{
  "id": "062399-2026",
  "tag": [
    "tender"
  ],
  "date": "2026-07-02T15:33:00+01:00",
  "ocid": "ocds-h6vhtk-067832",
  "buyer": {
    "id": "GB-COH-NI054463",
    "name": "Northern Ireland Water Limited"
  },
  "tender": {
    "id": "T148",
    "lots": [
      {
        "id": "1",
        "value": {
          "amount": 950000,
          "currency": "GBP",
          "amountGross": 1140000
        },
        "status": "active",
        "options": {
          "description": "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.\n•\tOther risk management services related to the Clients business\n•\tOther energy related services"
        },
        "renewal": {
          "description": "An extension of 12 Months, up to 5 times."
        },
        "hasOptions": true,
        "hasRenewal": true,
        "awardCriteria": {
          "criteria": [
            {
              "name": "Quality",
              "type": "quality",
              "numbers": [
                {
                  "number": 60,
                  "weight": "percentageExact"
                }
              ]
            },
            {
              "name": "Price",
              "type": "price",
              "numbers": [
                {
                  "number": 40,
                  "weight": "percentageExact"
                }
              ]
            }
          ]
        },
        "contractPeriod": {
          "endDate": "2028-09-30T23:59:59+01:00",
          "startDate": "2026-10-01T00:00:00+01:00",
          "maxExtentDate": "2033-09-30T23:59:59+01:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "additionalClassifications": [
          {
            "id": "66000000",
            "scheme": "CPV",
            "description": "Financial and insurance services"
          },
          {
            "id": "71314000",
            "scheme": "CPV",
            "description": "Energy and related services"
          },
          {
            "id": "71314200",
            "scheme": "CPV",
            "description": "Energy-management services"
          },
          {
            "id": "71314300",
            "scheme": "CPV",
            "description": "Energy-efficiency consultancy services"
          },
          {
            "id": "66600000",
            "scheme": "CPV",
            "description": "Treasury services"
          }
        ]
      }
    ],
    "title": "T148 – Risk Management Advisory Services",
    "value": {
      "amount": 950000,
      "currency": "GBP",
      "amountGross": 1140000
    },
    "status": "active",
    "documents": [
      {
        "id": "conflictOfInterest",
        "description": "Not published",
        "documentType": "conflictOfInterest"
      },
      {
        "id": "062399-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/062399-2026",
        "format": "text/html",
        "noticeType": "UK4",
        "description": "Tender notice on Find a Tender",
        "documentType": "tenderNotice",
        "datePublished": "2026-07-02T15:33:00+01:00"
      }
    ],
    "procedure": {
      "features": "The Competitive Flexible Procedure is described in the T148 tender documents which are\navailable on eTendersNI."
    },
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "recurrence": {
      "dates": [
        {
          "startDate": "2033-05-02T23:59:59+01:00"
        }
      ]
    },
    "awardPeriod": {
      "endDate": "2026-09-04T23:59:59+01:00"
    },
    "description": "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.",
    "enquiryPeriod": {
      "endDate": "2026-07-24T12:00:00+01:00"
    },
    "hasRecurrence": true,
    "specialRegime": [
      "utilities"
    ],
    "aboveThreshold": true,
    "submissionTerms": {
      "languages": [
        "en"
      ],
      "electronicSubmissionPolicy": "allowed"
    },
    "procurementMethod": "selective",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "www.etendersni.gov.uk",
    "procurementMethodDetails": "Competitive flexible procedure",
    "expressionOfInterestDeadline": "2026-07-31T12:00:00+01:00"
  },
  "parties": [
    {
      "id": "GB-COH-NI054463",
      "name": "Northern Ireland Water Limited",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKN06",
        "country": "GB",
        "locality": "Belfast",
        "postalCode": "BT14 6TE",
        "countryName": "United Kingdom",
        "streetAddress": "40 Old Westland Road"
      },
      "details": {
        "classifications": [
          {
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - sub-central government"
          },
          {
            "id": "GB-NIR",
            "scheme": "UK_CA_DEVOLVED_REGULATIONS",
            "description": "Northern Irish devolved regulations apply"
          }
        ]
      },
      "identifier": {
        "id": "NI054463",
        "scheme": "GB-COH"
      },
      "contactPoint": {
        "email": "sourcing@niwater.com"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}

{
  "id": "029273-2026",
  "tag": [
    "planning"
  ],
  "date": "2026-03-30T16:15:21+01:00",
  "ocid": "ocds-h6vhtk-067832",
  "buyer": {
    "id": "GB-COH-NI054463",
    "name": "Northern Ireland Water Limited"
  },
  "tender": {
    "id": "T148",
    "lots": [
      {
        "id": "1",
        "status": "planning",
        "contractPeriod": {
          "endDate": "2029-09-30T23:59:59+01:00",
          "startDate": "2026-10-01T00:00:00+01:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "additionalClassifications": [
          {
            "id": "66600000",
            "scheme": "CPV",
            "description": "Treasury services"
          },
          {
            "id": "66000000",
            "scheme": "CPV",
            "description": "Financial and insurance services"
          },
          {
            "id": "71314000",
            "scheme": "CPV",
            "description": "Energy and related services"
          },
          {
            "id": "71314200",
            "scheme": "CPV",
            "description": "Energy-management services"
          },
          {
            "id": "71314300",
            "scheme": "CPV",
            "description": "Energy-efficiency consultancy services"
          },
          {
            "id": "71000000",
            "scheme": "CPV",
            "description": "Architectural, construction, engineering and inspection services"
          }
        ]
      }
    ],
    "title": "T148 - Hedging Advisory Services",
    "status": "planning",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "The provision of Hedging Advisory Services to Northern Ireland Water.",
    "specialRegime": [
      "utilities"
    ],
    "aboveThreshold": false,
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-COH-NI054463",
      "name": "Northern Ireland Water Limited",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKN06",
        "country": "GB",
        "locality": "Belfast",
        "postalCode": "BT14 6TE",
        "countryName": "United Kingdom",
        "streetAddress": "Westland House"
      },
      "details": {
        "classifications": [
          {
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - sub-central government"
          },
          {
            "id": "GB-NIR",
            "scheme": "UK_CA_DEVOLVED_REGULATIONS",
            "description": "Northern Irish devolved regulations apply"
          }
        ]
      },
      "identifier": {
        "id": "NI054463",
        "scheme": "GB-COH"
      },
      "contactPoint": {
        "email": "sourcing@niwater.com"
      }
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "029273-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/029273-2026",
        "format": "text/html",
        "noticeType": "UK2",
        "description": "Preliminary market engagement notice on Find a Tender",
        "documentType": "marketEngagementNotice",
        "datePublished": "2026-03-30T16:15:21+01:00"
      }
    ],
    "milestones": [
      {
        "id": "engagement",
        "type": "engagement",
        "status": "scheduled",
        "dueDate": "2026-05-08T23:59:59+01:00",
        "description": "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.\nThe purpose of these meetings is to outline the upcoming tender process and gather valuable market insights that may help shape the final requirements.\nIf you are interested in meeting with NI Water, please contact us at:\nsourcing@niwater.com – FAO Neil Elliott"
      }
    ]
  },
  "initiationType": "tender"
}