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Contract Notice

Procurement of General Insurance (excluding Broker and Administration Services)

  • First published: 06 December 2023
  • Last modified: 06 December 2023
  • Version: N/A
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Contents

Summary

OCID:
ocds-h6vhtk-042147
Published by:
NORTHERN IRELAND WATER LIMITED
Authority ID:
AA81596
Publication date:
06 December 2023
Deadline date:
17 January 2024
Notice type:
Contract Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Cyber Insurance including First Party, Third Party and Event Management.

It is NI Water's intention to award contract(s) for Cyber Insurance with total coverage of £10m across Lots 1 & 2. This may be in the form of a single policy of £10m or a primary policy and one or more excess layers. Should the exact level of coverage required not be available from the initial submissions NI Water may request Economic Operators to refine their submissions or may award contracts for a different total coverage.

Full notice text

Contract notice – utilities

Section I: Contracting entity

I.1) Name and addresses

NORTHERN IRELAND WATER LIMITED

Westland House,40 Old Westland Road

BELFAST

BT146TE

UK

Contact person: Les Dick

Telephone: +44 7392122557

E-mail: leslie.s.dick@marsh.com

NUTS: UKN06

Internet address(es)

Main address: www.niwater.com

I.3) Communication

Access to the procurement documents is restricted. Further information can be obtained at:

www.niwater.com


Additional information can be obtained from another address:

Marsh Ltd

Bedford House, Bedford Street

Belfast

BT2 7DX

UK

Contact person: Les Dick

Telephone: +44 7392122557

E-mail: leslie.s.dick@marsh.com

NUTS: UKN06

Internet address(es)

Main address: www.niwater.com

Tenders or requests to participate must be sent to the abovementioned address


I.6) Main activity

Water

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Procurement of General Insurance (excluding Broker and Administration Services)

II.1.2) Main CPV code

65100000

 

II.1.3) Type of contract

Services

II.1.4) Short description

General Insurance

II.1.6) Information about lots

This contract is divided into lots: Yes

Tenders may be submitted for all lots

II.2) Description

Lot No: 1

II.2.1) Title

Cyber Insurance - GBP 5m

II.2.2) Additional CPV code(s)

66516400

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Cyber Insurance including First Party, Third Party and Event Management.

It is NI Water's intention to award contract(s) for Cyber Insurance with total coverage of £10m across Lots 1 & 2. This may be in the form of a single policy of £10m or a primary policy and one or more excess layers. Should the exact level of coverage required not be available from the initial submissions NI Water may request Economic Operators to refine their submissions or may award contracts for a different total coverage.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 10%

Quality criterion: Claims Management / Weighting: 10%

Quality criterion: Social Value / Weighting: 10%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred period is for five years with a review after completion of three year agreement. Other options will be considered

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi Year and multi cover options will be considered

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

Cyber Insurance GBP 5m / GBP 5m

II.2.2) Additional CPV code(s)

66516400

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Cyber Insurance including First Party and Third Party Claims.

It is NI Water's intention to award contract(s) for Cyber Insurance with total coverage of £10m across Lots 1 & 2. This may be in the form of a single policy of £10m or a primary policy and one or more excess layers. Should the exact level of coverage required not be available from the initial submissions NI Water may request Economic Operators to refine their submissions or may award contracts for a different total coverage.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 10%

Quality criterion: Social Value / Weighting: 10%

Price / Weighting:  45%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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

Directors & Officers (inc EPL in respect of NI Water Apha)

II.2.2) Additional CPV code(s)

66515410

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Insurance for wrongful act by Director or Officer and EPL for NI Water Alpha Employees.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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

Professional Indemnity

II.2.2) Additional CPV code(s)

66516500

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Professional Liability in respect of services provided

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered

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

Pension Trustees Liability

II.2.2) Additional CPV code(s)

66515410

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Insurance for wrongful act as a Pension Trustee

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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

Parametrics for High Temperature

II.2.2) Additional CPV code(s)

66515300

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Weather related Insurance for High Temperature.

Award of this Lot is subject to the outcome of Lot 8. If it is determined by NI Water that Lot 8 satisfies it's requirements it may not progress with the award of this Lot.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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

Parametrics Lack of Rainfall

II.2.2) Additional CPV code(s)

66515300

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Weather related Insurance for Lack of Rainfall.

Award of this Lot is subject to the outcome of Lot 8. If it is determined by NI Water that Lot 8 satisfies it's requirements it may not progress with the award of this Lot.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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

Parametrics - Increased Water Production

II.2.2) Additional CPV code(s)

66515300

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Increased Water Production Parametrics Insurance

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 9

II.2.1) Title

Crime - NI Water Alpha only

II.2.2) Additional CPV code(s)

66515410

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Insurance for Loss sustained as a direct result of Crime. Cover in respect of NI Water Alpha only

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 10

II.2.1) Title

Property Damage & Business Interruption: LTA to 2025

II.2.2) Additional CPV code(s)

66515200

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Material Damage & Business Interruption.

This is a precautionary notice should the current Long Term Agreement be breached or should increased capacity be required if insurance values increase beyond capacity of existing Insurers.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 11

II.2.1) Title

Material Damage / Business Interruption (NI Water Alpha): LTA to 2025

II.2.2) Additional CPV code(s)

66515200

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Material Damage and Business Interruption.

This is a precautionary notice should the current Long Term Agreement be breached or should increased capacity be required if insurance values increase beyond capacity of existing Insurers.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 12

II.2.1) Title

Public Liability - GBP 25m: LTA to 2025

II.2.2) Additional CPV code(s)

66516400

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Liability to Third Parties.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 13

II.2.1) Title

Excess PL GBP 35m / GBP 25m: LTA to 2025

II.2.2) Additional CPV code(s)

66516400

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Liability to Third Parties.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 14

II.2.1) Title

Excess PL - GBP 40m / GBP 60m: LTA to 2025

II.2.2) Additional CPV code(s)

66516400

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Liability to Third Parties.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 15

II.2.1) Title

Employers Liability - GBP 25m: LTA to 2025

II.2.2) Additional CPV code(s)

66516000

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Liability for Injury to Employees.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 16

II.2.1) Title

Excess EL - GBP 25m / GBP 25m : LTA to 2025

II.2.2) Additional CPV code(s)

66516000

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Liability for Injury to Employees.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 17

II.2.1) Title

Solar Farm : LTA to 2025

II.2.2) Additional CPV code(s)

66515000

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Loss or or Damage to Solar Farm inc Business Interruption.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 18

II.2.1) Title

Motor Fleet: LTA to 2025

II.2.2) Additional CPV code(s)

66514110

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Comprehensive and Third Party only Motor Insurance.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Claims Management / Weighting: 15%

Quality criterion: Risk Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 19

II.2.1) Title

Environmental Impairment Liability: LTA to 2025

II.2.2) Additional CPV code(s)

66516400

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Gradual Pollution Cover.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 20

II.2.1) Title

Computers - NI Water : LTA to 2026

II.2.2) Additional CPV code(s)

66515000

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Accidental Damage, Business Interruption and Recompilation of Data.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 21

II.2.1) Title

Computer- Dalriada Water Ltd & NI Water Alpha Ltd: LTA to 2026

II.2.2) Additional CPV code(s)

66515000

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Accidental Damage, Business Interruption and Recompilation of Data.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Claims Management / Weighting: 15%

Quality criterion: Risk Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 22

II.2.1) Title

Terrorism: LTA to 2025

II.2.2) Additional CPV code(s)

66515200

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Property Damage & Business Interruption.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 23

II.2.1) Title

Travel and Personal Accident: LTA to 2026

II.2.2) Additional CPV code(s)

66512000

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Insurance in respect of Travel and Personal Accident for Dalriada Water Ltd and NI Water Alpha Employees only.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2025

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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: 24

II.2.1) Title

Parametrics Freeze Thaw: LTA to 2025

II.2.2) Additional CPV code(s)

66515300

II.2.3) Place of performance

NUTS code:

UKN06

II.2.4) Description of the procurement

Weather related Insurance for Freeze Thaw.

This is a precautionary notice should the current Long Term Agreement be breached.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Cover / Weighting: 35%

Quality criterion: Risk Management / Weighting: 15%

Quality criterion: Claims Management / Weighting: 15%

Price / Weighting:  35%

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/04/2024

End: 31/03/2029

This contract is subject to renewal: Yes

Description of renewals:

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

II.2.10) Information about variants

Variants will be accepted: Yes

II.2.11) Information about options

Options: Yes

Description of options:

Multi year and multi cover options will be considered.

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 III: Legal, economic, financial and technical information

III.1) Conditions for participation

III.1.2) Economic and financial standing

List and brief description of selection criteria:

Insurers must be authorised to write the classes of business required in accordance with all relevant legislation.


Minimum level(s) of standards required:

Providers must be able to demonstrate experience in the provision of Insurance and Risk Management and have a Credit Rating of at least A- from S&P or equivalent.

III.1.3) Technical and professional ability

List and brief description of selection criteria:

Selection criteria as stated in the procurement documents


III.2) Conditions related to the contract

III.2.1) Information about a particular profession

Participation is reserved to a particular profession: Yes

Reference to the relevant law, regulation or administrative provision:

This tender is open to Insurance Companies who are licensed to provide the Insurance cover required in the UK or in the EU member state of domicile. Insurers must be authorised by the UK FCA or equivalent.

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.2.2) Time limit for receipt of tenders or requests to participate

Date: 17/01/2024

Local time: 17:00

IV.2.4) Languages in which tenders or requests to participate may be submitted

EN

IV.2.6) Minimum time frame during which the tenderer must maintain the tender

Tender must be valid until: 30/04/2024

IV.2.7) Conditions for opening of tenders

Date: 18/01/2024

Local time: 9:00

Section VI: Complementary information

VI.1) Information about recurrence

This is a recurrent procurement: Yes

VI.4) Procedures for review

VI.4.1) Review body

Northern Ireland Water Ltd

Westland House, Old Westland Road

Belfast

BT14 6TE

UK

VI.5) Date of dispatch of this notice

04/12/2023

Coding

Commodity categories

ID Title Parent category
66512000 Accident and health insurance services Insurance services
66515000 Damage or loss insurance services Insurance services
66515410 Financial loss insurance services Damage or loss insurance services
66516400 General liability insurance services Liability insurance services
66516000 Liability insurance services Insurance services
66514110 Motor vehicle insurance services Freight insurance and Insurance services relating to transport
66516500 Professional liability insurance services Liability insurance services
66515200 Property insurance services Damage or loss insurance services
65100000 Water distribution and related services Public utilities
66515300 Weather and financial loss insurance services Damage or loss insurance 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:
leslie.s.dick@marsh.com
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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