Skip to main content

We've saved some files called cookies on your device. These cookies are:

  • essential for the site to work
  • to help improve our website by collecting and reporting information on how you use it

We would also like to save some cookies to help tailor communications.

BETA
You're viewing an updated version of this service - your feedback will help us to improve it.

Contract Award Notice

NEX19/32 Insurance

  • First published: 28 April 2020
  • Last modified: 28 April 2020

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
Tyne and Wear PTE (t/a Nexus)
Authority ID:
AA20592
Publication date:
28 April 2020
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Lot 1: Property damage and business interruption.

Full notice text

Contract award notice – utilities

Section I: Contracting entity

I.1) Name and addresses

Tyne and Wear PTE (t/a Nexus)

33, St James' Boulevard

Newcastle upon Tyne

NE1 4AX

UK

Contact person: Corporate Procurement

Telephone: +44 1912033446

E-mail: tenders@nexus.org.uk

NUTS: UKC2

Internet address(es)

Main address: www.nexus.org.uk

Address of the buyer profile: www.nepo.org

I.6) Main activity

Urban railway, tramway, trolleybus or bus services

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

NEX19/32 Insurance

Reference number: NEX19/32

II.1.2) Main CPV code

66510000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Nexus is looking to appoint insurers for the provision of general insurance services (policies) covering the following:

Property damage and business interruption

Terrorism

Employers liability

Primary public and products liability – to GBP 20 m

Excess public and products liability GBP 30 m over GBP 20 m

Excess public and products liability GBP 35 m over GBP 50 m

Excess public and products liability GBP 15 m over GBP 85 m

Excess public and products liability GBP 55 m over GBP 100 m.

Please note an insurer day will be held at Nexus House on 28 November 2019 for interested insurers. The agenda and details regarding how to confirm attendance are included within the invitation to tender.

II.1.6) Information about lots

This contract is divided into lots: Yes

II.1.7) Total value of the procurement

Lowest offer:   / Highest offer:  

II.2) Description

Lot No: 1

II.2.1) Title

Lot 1: Property Damage and Business Interruption

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKC

II.2.4) Description of the procurement

Lot 1: Property damage and business interruption.

II.2.5) Award criteria

Quality criterion: Sector experience / Weighting: 10

Quality criterion: Deductible / Weighting: 5

Quality criterion: Added value / Weighting: 5

Cost criterion: Premium level / Weighting: 80

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 2

II.2.1) Title

Lot 2: Terrorism

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKC

II.2.4) Description of the procurement

Tender for general insurance services (policies) covering the following:

Lot 1: Property damage and business interruption

Lot 2: Terrorism

Lot 3: Employers liability

Lot 4: Primary public and products liability – to GBP 20 m

Lot 5: Excess public and products liability GBP 30 m over GBP 20 m

Lot 6: Excess public and products liability GBP 35 m over GBP 50 m

Lot 7: Excess public and products liability GBP 15 m over GBP 85 m

Lot 8: Excess public and products liability GBP 55 m over GBP 100 m.

II.2.5) Award criteria

Quality criterion: Sector experience / Weighting: 10

Quality criterion: Deductible / Weighting: 5

Quality criterion: Added value / Weighting: 5

Cost criterion: Premium level / Weighting: 80

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 3

II.2.1) Title

Lot 3: Employers Liability

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKC

II.2.4) Description of the procurement

Tender for general insurance services (policies) covering the following:

Lot 1: Property damage and business interruption

Lot 2: Terrorism

Lot 3: Employers liability

Lot 4: Primary public and products liability – to GBP 20 m

Lot 5: Excess public and products liability GBP 30 m over GBP 20 m

Lot 6: Excess public and products liability GBP 35 m over GBP 50 m

Lot 7: Excess public and products liability GBP 15 m over GBP 85 m

Lot 8: Excess public and products liability GBP 55 m over GBP 100 m.

II.2.5) Award criteria

Quality criterion: Sector experience / Weighting: 10

Quality criterion: Added value / Weighting: 5

Cost criterion: Premium level / Weighting: 85

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 4

II.2.1) Title

Lot 4: Primary Public and Products Liability – to GBP 20 m

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKC

II.2.4) Description of the procurement

Tender for general insurance services (policies) covering the following:

Lot 1: Property damage and business interruption

Lot 2: Terrorism

Lot 3: Employers liability

Lot 4: Primary public and products liability – to GBP 20 m

Lot 5: Excess public and products liability GBP 30 m over GBP 20 m

Lot 6: Excess public and products liability GBP 35 m over GBP 50 m

Lot 7: Excess public and products liability GBP 15 m over GBP 85 m

Lot 8: Excess public and products liability GBP 55 m over GBP 100 m.

II.2.5) Award criteria

Quality criterion: Sector experience / Weighting: 10

Quality criterion: Deductible / Weighting: 5

Quality criterion: Added value / Weighting: 5

Cost criterion: Premium level / Weighting: 80

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 5

II.2.1) Title

Lot 5: Excess Public and Products Liability GBP 30 m over GBP 20 m

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKC

II.2.4) Description of the procurement

Tender for general insurance services (policies) covering the following:

Lot 1: Property damage and business interruption

Lot 2: Terrorism

Lot 3: Employers liability

Lot 4: Primary public and products liability – to GBP 20 m

Lot 5: Excess public and products liability GBP 30 m over GBP 20 m

Lot 6: Excess public and products liability GBP 35 m over GBP 50 m

Lot 7: Excess public and products liability GBP 15 m over GBP 85 m

Lot 8: Excess public and products liability GBP 55 m over GBP 100 m.

II.2.5) Award criteria

Quality criterion: Sector experience / Weighting: 10

Quality criterion: Added value / Weighting: 5

Cost criterion: Premium level / Weighting: 85

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 6

II.2.1) Title

Lot 6 Excess Public and Products Liability GBP 35 m over GBP 50 m

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKC

II.2.4) Description of the procurement

Tender for general insurance services (policies) covering the following:

Lot 1: Property damage and business interruption

Lot 2: Terrorism

Lot 3: Employers liability

Lot 4: Primary public and products liability – to GBP 20 m

Lot 5: Excess public and products liability GBP 30 m over GBP 20 m

Lot 6: Excess public and products liability GBP 35 m over GBP 50 m

Lot 7: Excess public and products liability GBP 15 m over GBP 85 m

Lot 8: Excess public and products liability GBP 55 m over GBP 100 m.

II.2.5) Award criteria

Quality criterion: Sector experience / Weighting: 10

Quality criterion: Added value / Weighting: 5

Cost criterion: Premium level / Weighting: 85

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 7

II.2.1) Title

Lot 7: Excess Public and Products Liability GBP 15 m over GBP 85 m

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKC

II.2.4) Description of the procurement

Tender for general insurance services (policies) covering the following:

Lot 1: Property damage and business interruption

Lot 2: Terrorism

Lot 3: Employers liability

Lot 4: Primary public and products liability – to GBP 20 m

Lot 5: Excess public and products liability GBP 30 m over GBP 20 m

Lot 6: Excess public and products liability GBP 35 m over GBP 50 m

Lot 7: Excess public and products liability GBP 15 m over GBP 85 m

Lot 8: Excess public and products liability GBP 55 m over GBP 100 m.

II.2.5) Award criteria

Quality criterion: Sector experience / Weighting: 10

Quality criterion: Added value / Weighting: 5

Cost criterion: Premium level / Weighting: 85

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 8

II.2.1) Title

Lot 8: Excess Public and Products Liability GBP 55 m over GBP 100 m

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKC

II.2.4) Description of the procurement

Tender for general insurance services (policies) covering the following:

Lot 1: Property damage and business interruption

Lot 2: Terrorism

Lot 3: Employers liability

Lot 4: Primary public and products liability – to GBP 20 m

Lot 5: Excess public and products liability GBP 30 m over GBP 20 m

Lot 6: Excess public and products liability GBP 35 m over GBP 50 m

Lot 7: Excess public and products liability GBP 15 m over GBP 85 m

Lot 8: Excess public and products liability GBP 55 m over GBP 100 m.

II.2.5) Award criteria

Quality criterion: Sector experience / Weighting: 10

Quality criterion: Added value / Weighting: 5

Cost criterion: Premium level / Weighting: 85

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2019/S 197-479932

Section V: Award of contract

Lot No: 1

Contract No: 1

Title: Lot 1: Property Damage and Business Interruption

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

01/04/2020

V.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 3

The contract has been awarded to a group of economic operators: Yes

V.2.3) Name and address of the contractor

QBE European Operations

London

UK

NUTS: UKI

The contractor is an SME: No

V.2.3) Name and address of the contractor

Aviva Insurance Ltd

London

UK

NUTS: UKI

The contractor is an SME: No

V.2.3) Name and address of the contractor

Allianz Insurance plc

Guildford

UK

NUTS: UKI

The contractor is an SME: No

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 2

Contract No: 1

Title: Lot 2: Terrorism

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

01/04/2020

V.2.2) Information about tenders

Number of tenders received: 2

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Willis Towers Watson

London

UK

NUTS: UKI

The contractor is an SME: No

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 3

Contract No: 1

Title: Lot 3: Employers Liability

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

01/04/2020

V.2.2) Information about tenders

Number of tenders received: 3

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

QBE European Operations

London

UK

NUTS: UKI

The contractor is an SME: No

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 4

Contract No: 1

Title: Lot 4: Primary Public and Products Liability – to GBP 20 m

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

01/04/2020

V.2.2) Information about tenders

Number of tenders received: 3

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Swiss Re International SE

London

UK

NUTS: UKI

The contractor is an SME: No

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 5

Contract No: 1

Title: Lot 5: Excess Public and Products Liability GBP 30 m over GBP 20 m

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

01/04/2020

V.2.2) Information about tenders

Number of tenders received: 2

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

RSA Insurance plc

London

UK

NUTS: UKI

The contractor is an SME: No

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 6

Contract No: 1

Title: Lot 6: Excess Public and Products Liability GBP 35 m over GBP 50 m

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

01/04/2020

V.2.2) Information about tenders

Number of tenders received: 3

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

QBE European Operations

London

UK

NUTS: UKI

The contractor is an SME: No

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 7

Contract No: 1

Title: Lot 7: Excess Public and Products Liability GBP 15 m over GBP 85 m

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

01/04/2020

V.2.2) Information about tenders

Number of tenders received: 4

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Allianz Insurance plc

Guildford

UK

NUTS: UKI

The contractor is an SME: No

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 8

Contract No: 1

Title: Lot 8: Excess Public and Products Liability GBP 55 m over GBP 100 m

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

01/04/2020

V.2.2) Information about tenders

Number of tenders received: 4

The contract has been awarded to a group of economic operators: Yes

V.2.3) Name and address of the contractor

Aviva Insurance Ltd

Perth

UK

NUTS: UKM

The contractor is an SME: No

V.2.3) Name and address of the contractor

QBE European Operations

London

UK

NUTS: UKI

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 55 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

Nexus

Newcastle

UK

VI.5) Date of dispatch of this notice

24/04/2020

Coding

Commodity categories

ID Title Parent category
66510000 Insurance services Insurance and pension services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
tenders@nexus.org.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

0800 222 9004

Lines are open 8:30am to 5pm Monday to Friday.

Rydym yn croesawu galwadau'n Gymraeg.

We welcome calls in Welsh.