Provision of Various Commercial Insurance Policies for Natural Gas Network Operator - '23

A Tender Notice
by PHOENIX NATURAL GAS

Source
Find a Tender
Type
Contract (Services)
Duration
1 year
Value
£783K-£750K
Sector
BUSINESS
Published
25 Apr 2023
Delivery
To 16 May 2024 (est.)
Deadline
22 May 2023 15:00

Concepts

Location

Northern Ireland

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

The Utility requires a number of insurance policies to cover the various aspects of it's business operations. A summary of the various Policies required are further described in the attached "Insurance Tender Summary" document.

Lot Division

1 Combined Liability Insurance
  • Value: £125K

Insurance Cover for both Employers and Public Liability.
2 1st Excess Layer - Public Liability
  • Value: £60K

Excess Public Liability Insurance Cover - 1st Layer
3 2nd Excess Layer - Public Liability
  • Value: £40K

Insurance required for Excess Public Liability - 2nd Layer.
4 Motor Fleet Insurance
  • Value: £80K

Insurance cover required for a commercial fleet of vehicles consisting of - on average - 40 light commercial vehicles and 35 cars.
5 Property Insurance
  • Value: £10K

Insurance cover required to cover Property-related matters.
6 Engineering Inspection & Insurance
  • Value: £750

Insurance cover required to cover Engineering Inspection & Insurance associated with Passenger Lifts etc.
7 Business Interruption Insurance
  • Value: £450K

Insurance cover in respect of an event, or series of events, that result in an interruption to general business activity.
8 Personal Accident & Travel Insurance
  • Value: £5K

Insurance cover in connection with business related travel for all staff plus the inclusion of personal travel for key personnel and their immediate families.
9 Terrorism Insurance
  • Value: £12K

Insurance cover required in consideration of the impact of a terrorist related event.

CPV Codes

  • 66510000 - Insurance services
  • 66516400 - General liability insurance services
  • 66516000 - Liability insurance services
  • 66516100 - Motor vehicle liability insurance services

Indicators

  • This is a one-off contract (no recurrence)
  • Renewals are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** Contract(s) is/ are being procured competitively in accordance with the Utilities Contracts Regulations 2016 (as amended). The procedure to be followed for this procurement is the negotiated procedure. The costs of responding to this notice and participation in the process will be borne by each participating entity. All discussions and correspondence will be deemed strictly subject to contract until a formal contract is entered into. Any subsequent formal contract(s) shall not be binding until they have been signed and dated by the duly authorised representatives of each of the participating Parties.

Reference

Domains