Find a TenderAwarded
Published 21 Dec 2022, 14:50 GMT

Official UK procurement notice

Procurement of General Insurance (excluding broker and administration services)

Official notice

Authority: Northern Ireland Water (Public body)

23 lotsServicesOpen procedure
Budget not disclosedValue not published
Submissions closed 24 Jan 2023awarded 31 Mar 2023
Lots 23see the lot list below
Contract term 5 yrsends 31 Mar 2028 · extension options published · starts 1 Apr 2023

What is being bought23 lots · detail below

Published requirement description

Procurement 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 lot
Lot #1Cyber Insurance GBP 5m / GBP 5mAwardedRenewal 5 yrs

Cyber Insurance including First Party and Third Party Claims

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Mutil cover options will be considered · Preferred period is for up to five years with a review after completion of 3 year agreement. Other options will be consideredVariant bids: allowed
Lot #2TerrorismCancelledRenewal 5 yrs

Property Damage and Business Interruption

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi year and multi cover options will be considered · Preferred period is for up to 5 years with a review after completion of 3 year agreement. Other options will be considered,Variant bids: allowed
Lot #3Directors & Officers (inc EPL in respect of NI Water Alpha)CancelledRenewal 5 yrs

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered. · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #4Professional IndemnityCancelledRenewal 5 yrs

Professional Liability in respect of services provided

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with a review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #5Pension Trustees LiabilityCancelledRenewal 5 yrs

Insurance for wrongful act as a Pension Trustee

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered,Variant bids: allowed
Lot #6Computers - NI water LtdCancelledRenewal 5 yrs

Accidental Damage, Business Interruption and Recompilation of Data

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered,Variant bids: allowed
Lot #7Computer - Dalriada Water Ltd & NI Water Alpha LtdCancelledRenewal 5 yrs

Accidental Damage, Business Interruption and Recompilation of Data

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered. · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #8Travel & Personal AccidentCancelledRenewal 5 yrs

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered. · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #9Crime - NI water Alpha onlyCancelledRenewal 5 yrs

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered. · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #10Property Damage & Business Interruption: LTA to 2025Renewal 5 yrs

Material Damage & Business Interruption.

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #11Material Damage / Business Interruption (NI Water Alpha) : LTA to 2025Renewal 5 yrs

Material Damage and Business Interruption.

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #12Public Liability - GBP 25m LTA until 2025Renewal 5 yrs

Liability to Third Parties

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #13Excess PL GBP 35m / GBP 25m - LTA to 2025Renewal 5 yrs

Liability to Third Parties.

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #14Excess PL - GBP 40m / GBP 60m - LTA to 2024Renewal 5 yrs

Liability to Third parties.

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #15Employers Liability - GBP 25m LTA to 2025Renewal 5 yrs

Liability for Injury or Damage to Employees.

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #16Excess EL - GBP 25m / GBP 25m - LTA to 2025Renewal 5 yrs

Liability for Injury or Damage to Employees.

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #17Solar Farm - LTA to 2025Renewal 5 yrs

Loss of or damage to Solar Farm inc Business Interruption

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #18Motor Fleet - LTA to 2025Renewal 5 yrs

Comprehensive and Third Party only Motor Insurance.

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be consideredVariant bids: allowed
Lot #19Environmental Impairment Liability: LTA to 2025Renewal 5 yrs

Gradual Pollution Cover.

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #20Parametrics Freeze Thaw: LTA to 2025Renewal 5 yrs

Weather related Insurance for Freeze Thaw

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #21Parametrics for High Temperature: LTA to 2024Renewal 5 yrs

Weather related Insurance for High Temperature.

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #22Parametrics Lack of Rainfall: LTA to 2024Renewal 5 yrs

Weather related Insurance for Lack of Rainfall.

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

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi Year and Multi cover options will be considered · Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed
Lot #23Cyber Insurance - GBP 5m - Precautionary NoticeRenewal 5 yrs

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

This is a precautionary notice should established renewal terms be withdrawn.

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Extensions: Multi year and multi cover option will be considered. · Preferred period is for five years with a review after completion of 3 year agreement. Other options will be considered.Variant bids: allowed

What it takes to win
i

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 more
Conditions of participation2
  • 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.

What this means for your bid
  • 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)
Accident and health insurance servicesDamage or loss insurance servicesFinancial loss insurance servicesGeneral liability insurance servicesInsurance servicesLiability insurance servicesMotor vehicle insurance servicesProfessional liability insurance servicesProperty insurance servicesWeather and financial loss insurance services
Delivery area
Northern Ireland (UKN0)
Official registry OCID
ocds-h6vhtk-03935d Find 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
  1. Submission deadline
    24 Jan 2023, 17:00 GMT
  2. Bids opened
    25 Jan 2023, 09:00 GMT
  3. Contract starts
    1 Apr 2023, 00:00 BST
  4. Bids must remain valid until
    30 Apr 2023, 23:59 BST
  5. Notice published
    11 Sept 2023, 17:14 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    11 Sept 2023, 17:14 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Contracts signed 1latest 31 Mar 2023

1 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

NORTHERN IRELAND WATER LIMITED

Contracting authorityPublic bodyWater Westland House,40 Old Westland Road, BELFAST, Northern Ireland, BT146TEContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • NI WaterReview body Belfast
  • Northen Ireland Water LtdReview body BelfastContact email
Process and specification contact points (1)
  • Marsh LtdProcess contact point Belfast, Northern IrelandContact name, email, phone

Official documents & specifications (1)

Official links; attachments are not copied

Tender pack and attachments

  • Technical selection criteriatenderTechnical selection criteria