Procurement of General Insurance (excluding Broker and Administration Services)

A Tender Notice
by NORTHERN IRELAND WATER LIMITED

Source
Find a Tender
Type
Contract (Services)
Duration
5 year
Value
___
Sector
BUSINESS
Published
01 Nov 2024
Delivery
01 Apr 2025 to 31 Mar 2030
Deadline
17 Jan 2025 17:00

Concepts

Location

Northern Ireland:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

General Insurance

Lot Division

1 Property Damage & Business Interruption

Material Damage & Business Interruption

Award Criteria
Quality of Cover 35%
Risk Management 10%
Claims Management 10%
Social Value 10%
price 35%
2 Material Damage / Business Interruption (NI Water Alpha & Dalriada)

Material Damage and Business Interruption

Award Criteria
Quality of Cover 35%
Risk Management 10%
Claims Management 10%
Social Value 10%
price 35%
3 Public Liability - GBP 25m

Liability to Third Parties

Award Criteria
Quality of Cover 35%
Risk Management 10%
Claims Management 10%
Social Value 10%
price 35%
4 Excess PL GBP 35m / GBP 25m

Liability to Third Parties

Award Criteria
Quality of Cover 50%
Claims Management 10%
price 40%
5 Excess PL - GBP 40m / GBP60m

Liability to Third Parties

Award Criteria
Quality of Cover 50%
Claims Management 10%
price 40%
6 Employers Liability - GBP 25m

Liability for Injury to Employees

Award Criteria
Quality of Cover 35%
Risk Management 10%
Claims Management 10%
Social Value 10%
price 35%
7 Excess EL - GBP 25m / GBP 25m

Liability for injury to Employees

Award Criteria
Quality of Cover 50%
Claims Management 10%
price 40%
8 Solar Farm

Loss of or Damage to Solar Farm inc Business Interruption

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
9 Motor Fleet

Comprehensive and Third Party only Motor Insurance

Award Criteria
Quality of Cover 35%
Risk Management 10%
Claims Management 10%
Social Value 10%
price 35%
10 Environmental Impairment Liability: Northern Ireland Water

Gradual pollution cover

Award Criteria
Quality of Cover 35%
Risk Management 10%
Claims Management 10%
Social Value 10%
price 35%
11 Environmental Impairment Liability - NI Water Alpha and Dalriada

Gradual Pollution cover

Award Criteria
Quality of Cover 35%
Risk Management 10%
Claims Management 10%
Social Value 10%
price 35%
12 Terrorism

Property Damage and Business Interruption

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
13 Cyber - GBP 10m

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.

Award Criteria
Quality of Cover 35%
Risk Management 10%
Claims Management 10%
Social Value 10%
price 35%
14 Directors & Officers (inc EPL in respect of NI Water Alpha)

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

Award Criteria
Quality of Cover 50%
Claims Management 15%
price 35%
15 Pension Trustees Liability

Insurance for wrongful act as a Pension Trustee

Award Criteria
Quality of Cover 50%
Claims Management 15%
price 35%
16 Professional Indemnity

Professional Liability in respect of services provided

Award Criteria
Quality of Cover 50%
Claims Management 15%
price 35%
17 Crime - NI Water Alpha only

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

Award Criteria
Quality of Cover 50%
Claims Management 15%
price 35%
18 Parametrics - Freeze Thaw

Weather related Insurance for Freeze Thaw events.

Award Criteria
Quality of Cover 35%
Risk Management 10%
Claims Management 10%
Social Value 10%
price 35%
19 Parametrics for High Temperature - LTA to 2027

Weather related Insurance for High Temperature. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of Cover 35%
Risk Management 10%
Claims Management 10%
Social Value 10%
price 35%
20 Parametrics Lack of Rainfall - LTA to 2027

Weather related Insurance for Lack of Rainfall. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of Cover 35%
Risk Management 10%
Claims Management 10%
Social Value 10%
price 35%
21 Computer - NI Water: LTA to 2026

Accidental Damage, Business Interruption and Recompliation of Data. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
22 Computer - Dalriada Water Ltd & NI Water Alpha: LTA to 2026

Accidental Damage, Business Interruption and Recompliation of Data. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
23 Travel and Personal Accident: NI Water Alpha only: LTA to 2026

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.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
24 Material Damage & Business Interruption for Battery Storage: LTA to 2027

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.

Award Criteria
Quality of Cover 35
Risk Management 15%
Claims Management 15%
price 35%

CPV Codes

  • 66510000 - Insurance services
  • 66515200 - Property insurance services
  • 66516400 - General liability insurance services
  • 66516000 - Liability insurance services
  • 66514110 - Motor vehicle insurance services
  • 66515410 - Financial loss insurance services
  • 66516500 - Professional liability insurance services
  • 66515300 - Weather and financial loss insurance services
  • 66515000 - Damage or loss insurance services
  • 66512000 - Accident and health insurance services

Indicators

  • Variant bids may be considered.
  • This is a recurring contract.
  • 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