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
21 Dec 2022
Delivery
01 Apr 2023 to 31 Mar 2028
Deadline
24 Jan 2023 17:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

General Insurance

Lot Division

1 Cyber Insurance GBP 5m / GBP 5m

Cyber Insurance including First Party and Third Party Claims

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

Property Damage and Business Interruption

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Handling 15%
price 35%
3 Directors & Officers (inc EPL in respect of NI Water Alpha)

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

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Handling 15%
price 35%
4 Professional Indemnity

Professional Liability in respect of services provided

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Handling 15%
price 35%
5 Pension Trustees Liability

Insurance for wrongful act as a Pension Trustee

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
6 Computers - NI Water Ltd

Accidental Damage, Business Interruption and Recompilation of Data

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Handling 15%
price 35%
7 Computer - Dalriada Water Ltd & NI Water Alpha Ltd

Accidental Damage, Business Interruption and Recompilation of Data

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Handling 15%
price 35%
8 Travel and Personal Accident

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

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Handling 15%
price 35%
9 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 35%
Risk Management 15%
Claims Handling 15%
price 35%
10 Property Damage & Business Interruption: LTA to 2025

Material Damage & Business Interruption. 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%
11 Material Damage / Business Interruption (NI Water Alpha) : LTA to 2025

Material Damage and Business Interruption. 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%
12 Public Liability - GBP 25m LTA until 2025

Liability to Third Parties 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%
13 Excess PL GBP 35m / GBP 25m - LTA to 2025

Liability to Third Parties. 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%
14 Excess PL - GBP 40m / GBP 60m - LTA to 2024

Liability to Third parties. 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%
15 Employers Liability - GBP 25m LTA to 2025

Liability for Injury or Damage to Employees. 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%
16 Excess EL - GBP 25m / GBP 25m - LTA to 2025

Liability for Injury or Damage to Employees. 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%
17 Solar Farm - LTA to 2025

Loss of or damage to Solar Farm inc Business Interruption 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%
18 Motor Fleet - LTA to 2025

Comprehensive and Third Party only Motor Insurance. 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%
19 Environmental Impairment Liability: LTA to 2025

Gradual Pollution Cover. 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%
20 Parametrics Freeze Thaw: LTA to 2025

Weather related Insurance for Freeze Thaw 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 Parametrics for High Temperature: LTA to 2024

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 15%
Claims management 15%
price 35%
22 Parametrics Lack of Rainfall: LTA to 2024

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 15%
Claims Management 15%
price 35%
23 Cyber Insurance - GBP 5m - Precautionary Notice

Cyber Insurance including First Party, Third Party and Event management. This is a precautionary notice should established renewal terms be withdrawn.

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

CPV Codes

  • 65100000 - Water distribution and related services
  • 66516400 - General liability insurance services
  • 66515200 - Property insurance services
  • 66515410 - Financial loss insurance services
  • 66516500 - Professional liability insurance services
  • 66515000 - Damage or loss insurance services
  • 66512000 - Accident and health insurance services
  • 66516000 - Liability insurance services
  • 66514110 - Motor vehicle insurance services
  • 66515300 - Weather and financial loss insurance services

Indicators

  • Variant bids may be considered.
  • This is a recurring contract.
  • Options are available.
  • Renewals are available.
  • Financial restrictions apply.
  • Technical restrictions apply.

Other Information

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

Reference

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