- Scope of the procurement
- Lot 1. Cyber Insurance - GBP 5m
- Lot 2. Cyber Insurance GBP 5m / GBP 5m
- Lot 3. Directors & Officers (inc EPL in respect of NI Water Apha)
- Lot 4. Professional Indemnity
- Lot 5. Pension Trustees Liability
- Lot 6. Parametrics for High Temperature
- Lot 7. Parametrics Lack of Rainfall
- Lot 8. Parametrics - Increased Water Production
- Lot 9. Crime - NI Water Alpha only
- Lot 10. Property Damage & Business Interruption: LTA to 2025
- Lot 11. Material Damage / Business Interruption (NI Water Alpha): LTA to 2025
- Lot 12. Public Liability - GBP 25m: LTA to 2025
- Lot 13. Excess PL GBP 35m / GBP 25m: LTA to 2025
- Lot 14. Excess PL - GBP 40m / GBP 60m: LTA to 2025
- Lot 15. Employers Liability - GBP 25m: LTA to 2025
- Lot 16. Excess EL - GBP 25m / GBP 25m : LTA to 2025
- Lot 17. Solar Farm : LTA to 2025
- Lot 18. Motor Fleet: LTA to 2025
- Lot 19. Environmental Impairment Liability: LTA to 2025
- Lot 20. Computers - NI Water : LTA to 2026
- Lot 21. Computer- Dalriada Water Ltd & NI Water Alpha Ltd: LTA to 2026
- Lot 22. Terrorism: LTA to 2025
- Lot 23. Travel and Personal Accident: LTA to 2026
- Lot 24. Parametrics Freeze Thaw: LTA to 2025
Section one: Contracting entity
one.1) Name and addresses
NORTHERN IRELAND WATER LIMITED
Westland House,40 Old Westland Road
BELFAST
BT146TE
Contact
Les Dick
Telephone
+44 7392122557
Country
United Kingdom
NUTS code
UKN06 - Belfast
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.3) Communication
Access to the procurement documents is restricted. Further information can be obtained 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
NUTS code
UKN06 - Belfast
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 General 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
General Insurance
two.1.6) Information about lots
This contract is divided into lots: Yes
Tenders may be submitted for all lots
two.2) Description
two.2.1) Title
Cyber Insurance - GBP 5m
Lot No
1
two.2.2) Additional CPV code(s)
- 66516400 - General liability insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
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.
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 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred period is for five years with a review after completion of three year agreement. 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 and multi cover options will be considered
two.2) Description
two.2.1) Title
Cyber Insurance GBP 5m / GBP 5m
Lot No
2
two.2.2) Additional CPV code(s)
- 66516400 - General liability insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
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.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 10%
Quality criterion - Name: Social Value / Weighting: 10%
Price - Weighting: 45%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Directors & Officers (inc EPL in respect of NI Water Apha)
Lot No
3
two.2.2) Additional CPV code(s)
- 66515410 - Financial loss insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Insurance for wrongful act by Director or Officer and EPL for NI Water Alpha Employees.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Professional Indemnity
Lot No
4
two.2.2) Additional CPV code(s)
- 66516500 - Professional liability insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Professional Liability in respect of services provided
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered
two.2) Description
two.2.1) Title
Pension Trustees Liability
Lot No
5
two.2.2) Additional CPV code(s)
- 66515410 - Financial loss insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Insurance for wrongful act as a Pension Trustee
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Parametrics for High Temperature
Lot No
6
two.2.2) Additional CPV code(s)
- 66515300 - Weather and financial loss insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
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.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Parametrics Lack of Rainfall
Lot No
7
two.2.2) Additional CPV code(s)
- 66515300 - Weather and financial loss insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
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.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Parametrics - Increased Water Production
Lot No
8
two.2.2) Additional CPV code(s)
- 66515300 - Weather and financial loss insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Increased Water Production Parametrics Insurance
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Crime - NI Water Alpha only
Lot No
9
two.2.2) Additional CPV code(s)
- 66515410 - Financial loss insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Insurance for Loss sustained as a direct result of Crime. Cover in respect of NI Water Alpha only
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Property Damage & Business Interruption: LTA to 2025
Lot No
10
two.2.2) Additional CPV code(s)
- 66515200 - Property insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
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.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Material Damage / Business Interruption (NI Water Alpha): LTA to 2025
Lot No
11
two.2.2) Additional CPV code(s)
- 66515200 - Property insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
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.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Public Liability - GBP 25m: LTA to 2025
Lot No
12
two.2.2) Additional CPV code(s)
- 66516400 - General liability insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Liability to Third Parties.
This is a precautionary notice should the current Long Term Agreement be breached.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Excess PL GBP 35m / GBP 25m: LTA to 2025
Lot No
13
two.2.2) Additional CPV code(s)
- 66516400 - General liability insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Liability to Third Parties.
This is a precautionary notice should the current Long Term Agreement be breached.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Excess PL - GBP 40m / GBP 60m: LTA to 2025
Lot No
14
two.2.2) Additional CPV code(s)
- 66516400 - General liability insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Liability to Third Parties.
This is a precautionary notice should the current Long Term Agreement be breached.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Employers Liability - GBP 25m: LTA to 2025
Lot No
15
two.2.2) Additional CPV code(s)
- 66516000 - Liability insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Liability for Injury to Employees.
This is a precautionary notice should the current Long Term Agreement be breached.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Excess EL - GBP 25m / GBP 25m : LTA to 2025
Lot No
16
two.2.2) Additional CPV code(s)
- 66516000 - Liability insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Liability for Injury to Employees.
This is a precautionary notice should the current Long Term Agreement be breached.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Solar Farm : LTA to 2025
Lot No
17
two.2.2) Additional CPV code(s)
- 66515000 - Damage or loss insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Loss or or Damage to Solar Farm inc Business Interruption.
This is a precautionary notice should the current Long Term Agreement be breached.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Motor Fleet: LTA to 2025
Lot No
18
two.2.2) Additional CPV code(s)
- 66514110 - Motor vehicle insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Comprehensive and Third Party only Motor Insurance.
This is a precautionary notice should the current Long Term Agreement be breached.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Claims Management / Weighting: 15%
Quality criterion - Name: Risk Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Environmental Impairment Liability: LTA to 2025
Lot No
19
two.2.2) Additional CPV code(s)
- 66516400 - General liability insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Gradual Pollution Cover.
This is a precautionary notice should the current Long Term Agreement be breached.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Computers - NI Water : LTA to 2026
Lot No
20
two.2.2) Additional CPV code(s)
- 66515000 - Damage or loss insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Accidental Damage, Business Interruption and Recompilation of Data.
This is a precautionary notice should the current Long Term Agreement be breached.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Computer- Dalriada Water Ltd & NI Water Alpha Ltd: LTA to 2026
Lot No
21
two.2.2) Additional CPV code(s)
- 66515000 - Damage or loss insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Accidental Damage, Business Interruption and Recompilation of Data.
This is a precautionary notice should the current Long Term Agreement be breached.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Claims Management / Weighting: 15%
Quality criterion - Name: Risk Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Terrorism: LTA to 2025
Lot No
22
two.2.2) Additional CPV code(s)
- 66515200 - Property insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Property Damage & Business Interruption.
This is a precautionary notice should the current Long Term Agreement be breached.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Travel and Personal Accident: LTA to 2026
Lot No
23
two.2.2) Additional CPV code(s)
- 66512000 - Accident and health insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
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.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2025
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
two.2) Description
two.2.1) Title
Parametrics Freeze Thaw: LTA to 2025
Lot No
24
two.2.2) Additional CPV code(s)
- 66515300 - Weather and financial loss insurance services
two.2.3) Place of performance
NUTS codes
- UKN06 - Belfast
two.2.4) Description of the procurement
Weather related Insurance for Freeze Thaw.
This is a precautionary notice should the current Long Term Agreement be breached.
two.2.5) Award criteria
Quality criterion - Name: Quality of Cover / Weighting: 35%
Quality criterion - Name: Risk Management / Weighting: 15%
Quality criterion - Name: Claims Management / Weighting: 15%
Price - Weighting: 35%
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 April 2024
End date
31 March 2029
This contract is subject to renewal
Yes
Description of renewals
Preferred option is for up to five years with a review after completion of three year agreement. 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 and multi cover options will be considered.
Section three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.2) Economic and financial standing
List and brief description of selection criteria
Insurers must be authorised to write the classes of business required in accordance with all relevant legislation.
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
List and brief description of selection criteria
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
17 January 2024
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 2024
four.2.7) Conditions for opening of tenders
Date
18 January 2024
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