Find a TenderClosed
Published 1 Nov 2024, 13:55 GMT

Official UK procurement notice

Procurement of General Insurance (excluding Broker and Administration Services)

Official notice

Authority: NORTHERN IRELAND WATER LIMITED (Central government)

24 lotsServicesOpen procedure
Budget not disclosedValue not published
Submissions closed 17 Jan 2025
Lots 24see the lot list below
Contract term 5 yrsends 31 Mar 2030 · extension options published · starts 1 Apr 2025

What is being bought24 lots · detail below

Published requirement description

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 (24)Procurement structure

24 lots · no lot values published · evaluation weights differ by lot
Shared scope across 2 of 24 lots

Accidental Damage, Business Interruption and Recompliation of Data.

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

Lot #1Property Damage & Business InterruptionRenewal 5 yrs

Material Damage & Business Interruption

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #2Material Damage / Business Interruption (NI Water Alpha & Dalriada)Renewal 5 yrs

Material Damage and Business Interruption

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #3Public Liability - GBP 25mRenewal 5 yrs

Liability to Third Parties

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #4Excess PL GBP 35m / GBP 25mRenewal 5 yrs

Liability to Third Parties

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #5Excess PL - GBP 40m / GBP60mRenewal 5 yrs

Liability to Third Parties

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #6Employers Liability - GBP 25mRenewal 5 yrs

Liability for Injury to Employees

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #7Excess EL - GBP 25m / GBP 25mRenewal 5 yrs

Liability for injury to Employees

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #8Solar FarmRenewal 5 yrs

Loss of or Damage to Solar Farm inc Business Interruption

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #9Motor FleetRenewal 5 yrs

Comprehensive and Third Party only Motor Insurance

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #10Environmental Impairment Liability: Northern Ireland WaterRenewal 5 yrs

Gradual pollution cover

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #11Environmental Impairment Liability - NI Water Alpha and DalriadaRenewal 5 yrs

Gradual Pollution cover

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be consideredVariant bids: allowed
Lot #12TerrorismRenewal 5 yrs

Property Damage and Business Interruption

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #13Cyber - GBP 10mRenewal 5 yrs

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

It is NI Water's intention to award contract(s) for Cyber Insurance with a total coverage of GBP 10m. This may be in the form of a single policy of GBP 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.

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #14Directors & Officers (inc EPL in respect of NI Water Alpha)Renewal 5 yrs

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

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. If a Long Term Agreement is not available we would appreciate a rate stability clause stating that any rate increase will not exceed the UK market standard increase for this class of insurance.Variant bids: allowed
Lot #15Pension Trustees LiabilityRenewal 5 yrs

Insurance for wrongful act as a Pension Trustee

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. If a Long Term Agreement is not available we would appreciate a rate stability clause stating that any rate increase will not exceed the UK market standard increase for this class of insurance.Variant bids: allowed
Lot #16Professional IndemnityRenewal 5 yrs

Professional Liability in respect of services provided

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. If a Long Term Agreement is not available we would appreciate a rate stability clause stating that any rate increase will not exceed the UK market standard increase for this class of insurance.Variant bids: allowed
Lot #17Crime - NI Water Alpha onlyRenewal 5 yrs

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

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. If a Long term Agreement is not available we would appreciate a rate stability clause stating that any rate increase will not exceed the UK market standard increase for this class of insurance.Variant bids: allowed
Lot #18Parametrics - Freeze ThawRenewal 5 yrs

Weather related Insurance for Freeze Thaw events.

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #19Parametrics for High Temperature - LTA to 2027Renewal 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 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #20Parametrics Lack of Rainfall - LTA to 2027Renewal 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 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #21Computer - NI Water: LTA to 2026Renewal 5 yrs
Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #22Computer - Dalriada Water Ltd & NI Water Alpha: LTA to 2026Renewal 5 yrs
Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #23Travel and Personal Accident: NI Water Alpha only: LTA to 2026Renewal 5 yrs

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.

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered. · Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.Variant bids: allowed
Lot #24Material Damage & Business Interruption for Battery Storage: LTA to 2027Renewal 5 yrs

Material Damage and Business Interruption Insurance in respect of a Battery Storage Installation.

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

Contract period: 1 Apr 2025 – 31 Mar 2030 (5 yrs)
Extensions: Multi year and multi cover options will be considered · Preferred option is for up to five years with a review after completion of a three 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 participation4
  • Suitability

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

  • Condition of participation
    no text published
    Minimum: 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.
  • Technical & professional ability

    Selection criteria as stated in the procurement documents.

  • 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 equivalant.

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
Procedure method
Open procedure
Legal basis
CELEX · 32014L0025 Utilities Contracts Regulations 2016 (Directive 2014/25/EU)
Procurement category
Services
Notice status
Closed
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
1 Nov 2024, 13:55 GMT
Last source update
1 Nov 2024, 13:55 GMT
Award evaluation window
20 Jan 2025 – …
FTS notice number
2024/S 000-035487
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 (UKN)
Official registry OCID
ocds-h6vhtk-04b352 Find a Tender

How it was run

Official notice
Submission deadline
17 Jan 2025, 17:00 GMT
Submission channel
{"written"}
Accepted languages
en
Participation fee
document
Bids opened
20 Jan 2025, 09:00 GMT

Timeline

1 Nov 2024 → 30 Apr 2025 · 5 dates
  1. Notice published
    1 Nov 2024, 13:55 GMT
  2. Submission deadline
    17 Jan 2025, 17:00 GMT
  3. Bids opened
    20 Jan 2025, 09:00 GMT
  4. Contract starts
    1 Apr 2025, 00:00 BST
  5. Bids must remain valid until
    30 Apr 2025, 23:59 BST

Contracting authority & participating public bodies

NORTHERN IRELAND WATER LIMITED

Contracting authorityCentral GovernmentWater Westland House,40 Old Westland Road, BELFAST, Northern Ireland, BT14 6TEContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

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

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.