Procurement of General Insurance (excluding Broker and Administration Services)
A Utilities Contract Notice
by NORTHERN IRELAND WATER LIMITED
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 5 year
- Value
- ___
- Sector
- BUSINESS
- Published
- 04 Dec 2023
- Delivery
- 01 Apr 2024 to 31 Mar 2029
- Deadline
- 17 Jan 2024 17:00
Concepts
Location
BELFAST
3 buyers
- Northern Ireland Water Belfast
- Marsh Belfast
Description
General Insurance
Lot Division
1 | Cyber Insurance - GBP 5m
Cyber Insurance including First Party, Third Party and Event Management. It is NI Water's intention to award contract(s) for Cyber Insurance with total coverage of £10m across Lots 1 & 2. This may be in the form of a single policy of £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
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2 | Cyber Insurance GBP 5m / GBP 5m
Cyber Insurance including First Party and Third Party Claims. It is NI Water's intention to award contract(s) for Cyber Insurance with total coverage of £10m across Lots 1 & 2. This may be in the form of a single policy of £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
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3 | Directors & Officers (inc EPL in respect of NI Water Apha)
Insurance for wrongful act by Director or Officer and EPL for NI Water Alpha Employees. Award Criteria
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4 | Professional Indemnity
Professional Liability in respect of services provided Award Criteria
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5 | Pension Trustees Liability
Insurance for wrongful act as a Pension Trustee Award Criteria
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6 | Parametrics for High Temperature
Weather related Insurance for High Temperature. Award of this Lot is subject to the outcome of Lot 8. If it is determined by NI Water that Lot 8 satisfies it's requirements it may not progress with the award of this Lot. Award Criteria
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7 | Parametrics Lack of Rainfall
Weather related Insurance for Lack of Rainfall. Award of this Lot is subject to the outcome of Lot 8. If it is determined by NI Water that Lot 8 satisfies it's requirements it may not progress with the award of this Lot. Award Criteria
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8 | Parametrics - Increased Water Production
Increased Water Production Parametrics Insurance Award Criteria
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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
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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 or should increased capacity be required if insurance values increase beyond capacity of existing Insurers. Award Criteria
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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 or should increased capacity be required if insurance values increase beyond capacity of existing Insurers. Award Criteria
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12 | Public Liability - GBP 25m: LTA to 2025
Liability to Third Parties. This is a precautionary notice should the current Long Term Agreement be breached. Award Criteria
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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
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14 | Excess PL - GBP 40m / GBP 60m: LTA to 2025
Liability to Third Parties. This is a precautionary notice should the current Long Term Agreement be breached. Award Criteria
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15 | Employers Liability - GBP 25m: LTA to 2025
Liability for Injury to Employees. This is a precautionary notice should the current Long Term Agreement be breached. Award Criteria
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16 | Excess EL - GBP 25m / GBP 25m : LTA to 2025
Liability for Injury to Employees. This is a precautionary notice should the current Long Term Agreement be breached. Award Criteria
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17 | Solar Farm : LTA to 2025
Loss or or Damage to Solar Farm inc Business Interruption. This is a precautionary notice should the current Long Term Agreement be breached. Award Criteria
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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
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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
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20 | Computers - NI Water : LTA to 2026
Accidental Damage, Business Interruption and Recompilation of Data. This is a precautionary notice should the current Long Term Agreement be breached. Award Criteria
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21 | Computer- Dalriada Water Ltd & NI Water Alpha Ltd: LTA to 2026
Accidental Damage, Business Interruption and Recompilation of Data. This is a precautionary notice should the current Long Term Agreement be breached. Award Criteria
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22 | Terrorism: LTA to 2025
Property Damage & Business Interruption. This is a precautionary notice should the current Long Term Agreement be breached. Award Criteria
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23 | Travel and Personal Accident: 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
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24 | 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
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CPV Codes
- 65100000 - Water distribution and related services
- 66516400 - General liability insurance services
- 66515410 - Financial loss insurance services
- 66516500 - Professional liability insurance services
- 66515300 - Weather and financial loss insurance services
- 66515200 - Property insurance services
- 66516000 - Liability insurance services
- 66515000 - Damage or loss insurance services
- 66514110 - Motor vehicle insurance services
- 66512000 - Accident and health insurance services
Indicators
- Bids should cover one or more lots.
- Bids should cover the whole contract.
- This is a recurring contract.
- Options are available.
- Renewals are available.
- Financial restrictions apply.
- Professional qualifications are sought.
- Award on basis of price and quality.
Reference
- FTS 035595-2023