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RFP Commercial Market Making Scheme 2027

This tender is using the new split file responses feature on GETS. The agency has indicated that they would like to receive responses separated by price and non price components. Please keep this in mind when preparing your response for submission via GETS.

Details

RFx ID : 34343001
Tender Name : RFP Commercial Market Making Scheme 2027
Reference # : EA00515
Open Date : Monday, 22 June 2026 10:00 AM (Pacific/Auckland UTC+12:00)
Close Date  : Monday, 20 July 2026 5:00 PM (Pacific/Auckland UTC+12:00)
Tender Type : Request for Proposals (RFP)
Tender Coverage : Sole Agency  [?]
Categories :
  • 80000000 - Management and Business Professionals and Administrative Services
  • 84000000 - Financial and Insurance Services
  • 93000000 - Politics and Civic Affairs Services
Regions:
  • New Zealand
Exemption Reason : None
Required Pre-qualifications : None
Contact : Amy Innes
Market.Making@ea.govt.nz
n/a
Alternate Physical Delivery Address  :
Alternate Physical Fax Number  :
Overview

The Electricity Authority Te Mana Hiko is seeking a commercial market maker to continue providing market making services in the New Zealand electricity futures market.

Market making supports New Zealand’s electricity futures market by providing continuous buy and sell prices. This helps participants manage price risk and supports reliable price signals.

We are seeking a provider that:

• has a strong track record delivering similar services
• manages risk effectively
• understands the New Zealand electricity market and its challenges.

This is an opportunity for a supplier to play an important role in keeping New Zealand’s electricity market efficient and resilient.

The indicative timeline for this process is as follows:

• Deadline for Proposals: 20 July 2026
• Shortlisting of suppliers: August 2026
• Preferred supplier selection: September/October 2026
• Contract start: 1 March 2027

Further details can be found within the attached RFP documents.