Official UK procurement notice
Procurement of General Insurance (excluding broker and administration services)
Authority: Northern Ireland Water (Public body)
What is being bought23 lots · detail below
Published requirement descriptionProcurement of General Insurance
CPV: Accident and health insurance services · Damage or loss insurance services · Financial loss insurance services · General liability insurance services · Insurance services · Liability insurance services · Motor vehicle insurance services · Professional liability insurance services · Property insurance services · Weather and financial loss insurance services
Lots and requirements (23)Procurement structure
23 lots · no lot values published · evaluation weights differ by lotLot #1Cyber Insurance GBP 5m / GBP 5mAwardedRenewal
Cyber Insurance including First Party and Third Party Claims
Lot #2TerrorismCancelledRenewal
Property Damage and Business Interruption
Lot #3Directors & Officers (inc EPL in respect of NI Water Alpha)CancelledRenewal
Insurance for wrongful act by a Director or Officer and EPL for NI Water Alpha Employees.
Lot #4Professional IndemnityCancelledRenewal
Professional Liability in respect of services provided
Lot #5Pension Trustees LiabilityCancelledRenewal
Insurance for wrongful act as a Pension Trustee
Lot #6Computers - NI water LtdCancelledRenewal
Accidental Damage, Business Interruption and Recompilation of Data
Lot #7Computer - Dalriada Water Ltd & NI Water Alpha LtdCancelledRenewal
Accidental Damage, Business Interruption and Recompilation of Data
Lot #8Travel & Personal AccidentCancelledRenewal
Insurance in respect of Travel and Personal Accident for Dalriada Water Ltd and NIWater Alpha Employees only.
Lot #9Crime - NI water Alpha onlyCancelledRenewal
Insurance for Loss sustained as a direct result of Crime. Cover in respect of NIWater Alpha only.
Lot #10Property Damage & Business Interruption: LTA to 2025Renewal
Material Damage & Business Interruption.
This is a precautionary notice should the current Long Term Agreement be breached
Lot #11Material Damage / Business Interruption (NI Water Alpha) : LTA to 2025Renewal
Material Damage and Business Interruption.
This is a precautionary notice should the current Long Term Agreement be breached.
Lot #12Public Liability - GBP 25m LTA until 2025Renewal
Liability to Third Parties
This is a precautionary notice should the current Long Term Agreement be breached
Lot #13Excess PL GBP 35m / GBP 25m - LTA to 2025Renewal
Liability to Third Parties.
This is a precautionary notice should the current Long Term Agreement be breached
Lot #14Excess PL - GBP 40m / GBP 60m - LTA to 2024Renewal
Liability to Third parties.
This is a precautionary notice should the current Long Term Agreement be breached
Lot #15Employers Liability - GBP 25m LTA to 2025Renewal
Liability for Injury or Damage to Employees.
This is a precautionary notice should the current Long Term Agreement be breached
Lot #16Excess EL - GBP 25m / GBP 25m - LTA to 2025Renewal
Liability for Injury or Damage to Employees.
This is a precautionary notice should the current Long Term Agreement be breached
Lot #17Solar Farm - LTA to 2025Renewal
Loss of or damage to Solar Farm inc Business Interruption
This is a precautionary notice should the current Long Term Agreement be breached
Lot #18Motor Fleet - LTA to 2025Renewal
Comprehensive and Third Party only Motor Insurance.
This is a precautionary notice should the current Long Term Agreement be breached
Lot #19Environmental Impairment Liability: LTA to 2025Renewal
Gradual Pollution Cover.
This is a precautionary notice should the current Long Term Agreement be breached
Lot #20Parametrics Freeze Thaw: LTA to 2025Renewal
Weather related Insurance for Freeze Thaw
This is a precautionary notice should the current Long Term Agreement be breached
Lot #21Parametrics for High Temperature: LTA to 2024Renewal
Weather related Insurance for High Temperature.
This is a precautionary notice should the current Long Term Agreement be breached
Lot #22Parametrics Lack of Rainfall: LTA to 2024Renewal
Weather related Insurance for Lack of Rainfall.
This is a precautionary notice should the current Long Term Agreement be breached
Lot #23Cyber Insurance - GBP 5m - Precautionary NoticeRenewal
Cyber Insurance including First Party, Third Party and Event management.
This is a precautionary notice should established renewal terms be withdrawn.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Lots publish different evaluation splits; there is no single procedure weighting.
11 more lots publish their own split on the notice.
- Economic & financial standing
Insurers must be authorised to write the classes of business required in accordance with all relevant legislation
Minimum: Providers must be able to demonstrate experience in the provision of Insurance and Risk Management and a Credit Rating of at least A- from S&P or equivalent. - Technical & professional ability
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.
- Price carries 35 points on every lot: a 10% discount moves about 3.5 points.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0025 Utilities Contracts Regulations 2016 (Directive 2014/25/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Yes
- First published
- 21 Dec 2022, 14:50 GMT
- Last source update
- 11 Sept 2023, 17:14 BST
- Award evaluation window
- 25 Jan 2023 – …
- FTS notice number
2023/S 000-026853- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03935dFind a Tender
Publisher note: Lot 2 was awarded to a Lloyds syndicates facility Lot 3 was awarded to RSA Lot 4 was awarded to AIG Lot 5 was awarded to AIG Lot 6 was awarded to Aviva Lot 7 was awarded to Aviva Lot 8 was awarded to AIG Lot 9 was awarded to RSA Lot's 10 to 23 - LTA's maintained
How it was run
Official notice- Submission deadline
- 24 Jan 2023, 17:00 GMT
- Submission channel
- {"written"}
- Accepted languages
- en
- Participation fee
- document
- Bids opened
- 25 Jan 2023, 09:00 GMT
Timeline
24 Jan 2023 → 11 Sept 2023 · 5 dates- Submission deadline24 Jan 2023, 17:00 GMT
- Bids opened25 Jan 2023, 09:00 GMT
- Contract starts1 Apr 2023, 00:00 BST
- Bids must remain valid until30 Apr 2023, 23:59 BST
- Notice published11 Sept 2023, 17:14 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete11 Sept 2023, 17:14 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast1 further award records carry no date or value.
Contracts
Cyber Insurance GBP 5m / GBP 5m · supplier not published
- Signed
- 31 Mar 2023
- Value
- —
- Period
- … – 31 Mar 2028
- Status
- active
Contracting authority & participating public bodies
Dispute resolution & review bodies
- NI WaterReview body
- Northen Ireland Water LtdReview body
Process and specification contact points (1)
- Marsh LtdProcess contact point
Official documents & specifications (1)
Official links; attachments are not copiedTender pack and attachments
- Technical selection criteria