Translink Insurance Programme

A Tender Notice
by TRANSLINK

Source
Find a Tender
Type
Contract (Services)
Duration
1 year
Value
£3M-£3M
Sector
BUSINESS
Published
12 Dec 2022
Delivery
To 15 Jan 2024 (est.)
Deadline
20 Jan 2023 13:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

Insurance pricing and cover for the insurance programme of Translink is sought, with an inception date of 01 April 2023. Bidders must be Insurance Companies regulated by the Financial Conduct Authority and Market Act 2000, Insurance Companies Act 1982 and any other statutory modifications. The insurer shall be authorised to write the classes of insurance listed in the Contract Notice. This tender does not include a requirement for any insurance broking services. This tender opportunity is being published on behalf of Translink* by its insurance brokers, Willis Towers Watson (WTW). Translink is NOT running this tender competition. (* Contracting entities within the Translink group include Northern Ireland Transport Holding Company and its subsidiary companies Ulsterbus Ltd, Citybus Ltd, NI Railways Co Ltd, Flexibus Ltd, Translink (NI) Ltd, NIR Operations Ltd and NIR Networks Ltd, Ulsterbus Employees' Welfare Fund). The entire tender process will be undertaken by WTW offline. Please refer to the 'CfT Documents' for information and instructions on completion and submission of tenders and submission of clarification requests.

Lot Division

1 Property Damage and Business Interruption Insurance – Rolling Stock
  • Value: £154K
2 Property Damage and Business Interruption Insurance – Non Rolling Stock
  • Value: £401K
3 Employers Liability Insurance
  • Value: £155K
4 Public and Products Liability Insurance
  • Value: £187K
5 Excess Public and Products Liability Insurance (GBP40m xs GBP 10m)
  • Value: £110K
6 Excess Public and Products Liability Insurance (GBP50m xs GBP 50m)
  • Value: £82K
7 Owner Controlled Excess Liability Insurance
  • Value: £80K
8 Motor Fleet Insurance
  • Value: £852K
9 Engineering Inspection Service Contract
  • Value: £82K
10 Engineering Hired in Plant Insurance
  • Value: £7K
11 Group Personal Accident and Travel Insurance – Translink
  • Value: £400
12 Group Personal Accident and Travel Insurance – NITHC
  • Value: £600
13 Computer Insurance
  • Value: £4K
14 Directors and Officers Liability Insurance Primary (GBP 10m)
  • Value: £48K
15 Directors and Officers Liability Excess Layer Insurance (GBP 20m xs GBP 10m)
  • Value: £63K
16 Cyber Insurance
  • Value: £300K

CPV Codes

  • 66510000 - Insurance services
  • 66515200 - Property insurance services
  • 66516400 - General liability insurance services
  • 66516100 - Motor vehicle liability insurance services
  • 66519200 - Engineering insurance services
  • 66512100 - Accident insurance services

Indicators

  • This is a one-off contract (no recurrence)
  • Options are available.
  • Renewals are available.
  • Professional qualifications are sought.
  • Technical restrictions apply.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains