Official UK procurement notice
Procurement of General Insurance (excluding broker services)
Authority: Northern Ireland Water (Public body)·Consortium: 2 public authorities
What is being bought22 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 · Property insurance services · Weather and financial loss insurance services
Lots and requirements (22)Procurement structure
22 lots · no lot values published · evaluation weights differ by lotLot #1Property and Business Interruption (20% of programme)AwardedRenewal
20% of the Material Damage and Business Interruption Insurance Programme
Lot #2Material Damage / Business Interruption (NI Water Alpha) - 20% of programmeCancelledRenewal
20% of the Material Damage and Business Interruption programme
Lot #3Excess Public Liability GBP 35m / GBP 25mCancelledRenewal
Liabilities to Third Parties
Lot #4Excess Employers Liability GBP 25m / GBP 25mCancelledRenewal
Liability for injury and damage to employees
Lot #5Directors & 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 #6Pension Trustees LiabilityCancelledRenewal
Insurance for wrongful act as a Pension Trustee
Lot #7Computers NI Water AlphaCancelledRenewal
Accidental Damage, Business Interruption and Recompliation of Data
Lot #8Parametric Freeze ThawCancelledRenewal
Weather related insurance for Freeze / Thaw
Lot #9Travel and Personal AccidentCancelledRenewal
Insurance in respect of Travel and Personal Accident for Dalriada Water Ltd and NI Water Alpha Employees only
Lot #10Crime - Ni Water Alpha onlyCancelledRenewal
Insurance for Loss sustained as a direct result of Crime. Cover in respect of NI Water Alpha only
Lot #11Public Liability - LTA until 2023CancelledRenewal
Liability to Third Parties.
This is a precautionary notice should the current Long term Agreement be breached
Lot #12Excess PL - GBP 40m / GBP 60m - LTA until 2023CancelledRenewal
Liability to Third Parties.
This is a precautionary notice should the current Long term Agreement be breached
Lot #13Employers Liability - LTA to 2023CancelledRenewal
Liability for injury or damage to employees.
This is a precautionary notice should the current Long term Agreement be breached
Lot #14MD/BI Solar Farm - LTA to 2023CancelledRenewal
Loss or damage to Solar Farm inc Business Interruption.
This is a precautionary notice should the current Long term Agreement be breached
Lot #15Terrorism - LTA to 2023CancelledRenewal
Damage and Business Interruption caused by Terrorism
This is a precautionary notice should the current Long term Agreement be breached
Lot #16Motor Fleet - LTA to 2023CancelledRenewal
Comprehensive and Third Party only Motor Insurance.
This is a precautionary notice should the current Long term Agreement be breached
Lot #17Cyber Liability - LTA to 2023CancelledRenewal
Loss, damage or liability caused by a Cyber event.
This is a precautionary notice should the current Long term Agreement be breached
Lot #18Environmental Impairment Liability - NI Water - LTA to 2023CancelledRenewal
Gradual Pollution cover.
This is a precautionary notice should the current Long term Agreement be breached
Lot #19Environmental Impairment Liability - Dalridaa Water - LTA ro 2023CancelledRenewal
Gradual Pollution of cover.
This is a precautionary notice should the current Long term Agreement be breached
Lot #20Parametrics for Drought - High Temperature - LTA to 2024CancelledRenewal
Weather related Insurance for High Temperature
This is a precautionary notice should the current Long term Agreement be breached
Lot #21Parametrics for Drought - Lack of Rainfall - LTA to 2024CancelledRenewal
Weather related Insurance for Drought - Lack of Rainfall.
This is a precautionary notice should the current Long term Agreement be breached
Lot #22Computers - NI water Ltd - LTA to 2023CancelledRenewal
Accidental Damage, Business Interruption and Recompilation of Data Insurance.
This is a precautionary notice should the current Long term Agreement be breached
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.
10 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
- 22 Nov 2021, 16:15 GMT
- Last source update
- 12 Sept 2022, 09:30 BST
- Award evaluation window
- 26 Jan 2022 – …
- Authority reference
2021/S 000-029067- FTS notice number
2022/S 000-025455- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02f8faFind a Tender
Publisher note: Lot 2 awarded to Generali and Sompo Lot 3 awarded to Berkshire Hathaway International Lot 4 awarded to AIG Lot 5 awarded to RSA Lot 6 awarded to Allianz Lot 7 awarded to Aviva Lot 8 awarded to Generali Lot 9 awarded to AXA XL Lot 10 awarded to RSA Lot's 11 to 22 - LTA's maintained
How it was run
Official notice- Submission deadline
- 21 Jan 2022, 17:00 GMT
- Submission channel
- {"written"}
- Accepted languages
- en
- Participation fee
- document
- Bids opened
- 26 Jan 2022, 09:00 GMT
Marsh Ltd, Bedford House, Bedford Street, Belfast, BT2 7DX, United Kingdom. NUTS code: UKN0. Leslie Dick, [email protected], tel: +44 7392122557, www.niwater.com ↗
Timeline
21 Jan 2022 → 12 Sept 2022 · 5 dates- Submission deadline21 Jan 2022, 17:00 GMT
- Bids opened26 Jan 2022, 09:00 GMT
- Contract starts1 Apr 2022, 00:00 BST
- Bids must remain valid until30 Apr 2022, 23:59 BST
- Notice published12 Sept 2022, 09:30 BST
Notice history
2 events · 2 releases on Find a Tender · since 12 Sept 2022- Status changed to complete12 Sept 2022, 09:30 BST
- Buyer details updated12 Sept 2022, 09:30 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lot 1 · Property and Business Interruption (20% of programme)1 award | |||
| Generali Global Corporate & Commercial, Sompo Internationaljoint award | — | — | Awarded |
Contracts
Property and Business Interruption (20% of programme) · Generali Global Corporate & Commercial, Sompo International
- Signed
- 31 Mar 2022
- Value
- —
- Period
- … – 31 Mar 2027
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · Property and Business Interruption (20% of programme) | 5bids | — | — | £0 – £0 |
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- NI WaterReview body
- Northern Ireland Water LtdReview body
Bidders & participating suppliers
2 commercial parties on the notice- Generali Global Corporate & CommercialAwarded supplier
- Sompo InternationalAwarded supplier
Official documents & specifications (1)
Official links; attachments are not copiedTender pack and attachments
- Technical selection criteria