Section one: Contracting entity
one.1) Name and addresses
NORTHERN IRELAND WATER LIMITED
Westland House, 40 Old Westland Road
BELFAST
BT14 6TE
Contact
Les Dick
Telephone
+44 7392122557
Country
United Kingdom
Region code
UKN0 - Northern Ireland
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
Additional information can be obtained from another address:
Marsh Ltd
Bedford House, Bedford Street
Belfast
BT2 7DX
Contact
Les Dick
Telephone
+44 7392122557
Country
United Kingdom
Region code
UKN0 - Northern Ireland
Internet address(es)
Main address
Tenders or requests to participate must be submitted to the above-mentioned address
one.6) Main activity
Water
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Procurement of OCIP Insurance (excluding Broker and Administration Services)
two.1.2) Main CPV code
- 65100000 - Water distribution and related services
two.1.3) Type of contract
Services
two.1.4) Short description
Insurance for OCIP programme
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKN0 - Northern Ireland
two.2.4) Description of the procurement
OCIP Insurance for Construction All Risks with a limit of GBP 20,000,000 per project but GBP 40,000,000 in the aggregate in respect of any one Flood event.
Third Party Labilities and Non- Negligent Liability to GBP 2.5m each
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 10%
Quality criterion - Name: Claims Management / Weighting: 10%
Quality criterion - Name: Social Value / Weighting: 10%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2025
End date
31 March 2028
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to three years. Other options will be considered.
two.2.10) Information about variants
Variants will be accepted: Yes
two.2.11) Information about options
Options: Yes
Description of options
Multi year options will be considered
Section three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions
Insurers must be authorised to write the classes of business required in accordance with the relevant legislation
three.1.2) Economic and financial standing
Minimum level(s) of standards possibly required
Providers must be able to demonstrate experience in the provision of Insurance and Risk Management and have a Credit rating of at least A- from S&P or equivalent.
three.1.3) Technical and professional ability
Minimum level(s) of standards possibly required
Selection criteria as stated in the procurement documents
three.2) Conditions related to the contract
three.2.1) Information about a particular profession
Execution of the service is reserved to a particular profession
Reference to the relevant law, regulation or administrative provision
This tender is open to Insurance Companies who are licensed to provide the Insurance cover required in the UK or in the EU member state of domicile. Insurers must be authorised by the UK FCA or equivalent.
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
four.2) Administrative information
four.2.2) Time limit for receipt of tenders or requests to participate
Date
14 February 2025
Local time
5:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.6) Minimum time frame during which the tenderer must maintain the tender
Tender must be valid until: 30 April 2025
four.2.7) Conditions for opening of tenders
Date
17 February 2025
Local time
9:00am
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: Yes
six.4) Procedures for review
six.4.1) Review body
Northern Ireland Water Ltd
Westland House, Old Westland Road
Belfast
BT14 6TE
Country
United Kingdom