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AWARD
Complete
T148 – Risk Management Advisory Services
Published 7 Sep 2026
7 Sep 2026
- Primary CPV
-
71314000 *
Energy and related services
- Location
- 🇬🇧 Belfast, Northern Ireland
- Value
- £980,000
- Contract
-
2 years Duration
01/10/2026 30/09/2028
- Contract Types
-
71 *Architectural, engineering & inspection...Full CPV Breakdown
- SME suitable
- Not stated
Publisher Address
40 Old Westland Road, Belfast, BT14 6TE, United Kingdom · UKN06
Contact
Award Criteria
Not specified
Related tenders
NORTHERN IRELAND WATER LIMITED
All notices from this publisher Same CPV code
71314000 *
All notices with this CPV code
Reference: T148
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.
Full CPV breakdown
- 71314000 — Energy and related services (primary)
Notice details
- Buyer type
- Local authority
- Competition
- Restricted / competitive (suppliers are shortlisted first)
- Contract type
- Services
- Bids received
- 4
- Winning supplier
- Large company
- Procurement method
- Competitive flexible procedure
- Main category
- Services
- Above threshold
- Yes
- Legal basis
- UKPGA 2023/54
- Notice status
- Complete
- Award status
- Pending
- Award date
- 7 Sep 2026
- Standstill period ends
- 16 Sep 2026
- Contract can be extended to
- 30 Sep 2033
- Renewal
- Five (5) 1-year optional extension periods.
- Reserved / special regime
- Utilities
- Language
- EN
- Published
- 07 Sep 2026 17:35
- OCID
- ocds-h6vhtk-067832
- Notice ID
- T148
Competition
4
Bids received
2
Bids considered at final stage
0
SME bids at final stage
0
VCSE bids at final stage
Organisations on this notice
Centrus Financial Advisors Limited
Supplier Large
Key dates
- Future Signature Date
- 17 Sep 2026 · Scheduled
Full notice record
58 detailsEverything the publisher included in this notice, organised by section.
Organisations
| Party 1 › Name | Northern Ireland Water Limited |
| Party 1 › Address › Street | 40 Old Westland Road |
| Party 1 › Address › Town / city | Belfast |
| Party 1 › Address › Postcode | BT14 6TE |
| Party 1 › Address › Country | GB |
| Party 1 › Address › Country | United Kingdom |
| Party 1 › Address › Region (NUTS) | UKN06 |
| Party 1 › Contact › Email | sourcing@niwater.com |
| Party 1 › Role | buyer |
| Party 1 › Classification › Classification 1 › Description | Public authority - sub-central government |
| Party 1 › Classification › Classification 2 › Description | Northern Irish devolved regulations apply |
| Party 2 › Name | Centrus Financial Advisors Limited |
| Party 2 › Address › Street | 3 Lombard Street |
| Party 2 › Address › Town / city | London |
| Party 2 › Address › Postcode | EC3V 9AA |
| Party 2 › Address › Country | GB |
| Party 2 › Address › Country | United Kingdom |
| Party 2 › Address › Region (NUTS) | UKI31 |
| Party 2 › Contact › Email | sourcing@niwater.com |
| Party 2 › Role | supplier |
| Party 2 › Business size | large |
| Party 2 › VCSEs | No |
| Party 2 › Public service mission organisation | No |
| Party 2 › Sheltered workshop | No |
Buyer
| Name | Northern Ireland Water Limited |
Tender
| Title | T148 – Risk Management Advisory Services |
| 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. |
| Status | complete |
| Procedure type | selective |
| Procedure | Competitive flexible procedure |
| Special regime | utilities |
| Lot › Status | complete |
Awards
| Title | Risk Management Advisory Services |
| Status | pending |
| Date | 7 Sep 2026 |
| Value › Value incl. VAT | £1,176,000 |
| Value › Value | £980,000 |
| Value › Currency | GBP |
| Category | services |
| Above threshold | Yes |
| Supplier › Name | Centrus Financial Advisors Limited |
| Item › CPV › Description | Energy and related services |
| Standstill period › End | 16 Sep 2026 |
| Contract period › Start | 1 Oct 2026 |
| Contract period › End | 30 Sep 2028 |
| Contract period › Can be extended to | 30 Sep 2033 |
| Can be renewed | Yes |
| Renewal › Description | Five (5) 1-year optional extension periods. |
| Has options | Yes |
| Options › Description | The Client reserves the right to purchase the following additional Services under this Contract during the Contract Period. Refer to Specification for further details |
| Document › Document type | Award notice |
| Document › Description | Contract award notice on Find a Tender |
| Document › Link | https://www.find-tender.service.gov.uk/Notice/084629-2026 |
| Document › Published | 7 Sep 2026 |
| Assessment Summaries Date Sent | 7 Sep 2026 |
| Milestone › Type | Future signature date |
| Milestone › Due | 17 Sep 2026 |
| Milestone › Status | scheduled |