Official UK procurement notice
Procurement of General Insurance (excluding Broker and Administration Services)
Authority: NORTHERN IRELAND WATER LIMITED (Central government)
What is being bought24 lots · detail below
Published requirement descriptionGeneral Insurance
CPV: Accident and health insurance services · Damage or loss insurance services · Financial loss insurance services · General liability insurance services · Liability insurance services · Motor vehicle insurance services · Professional liability insurance services · Property insurance services · Water distribution and related services · Weather and financial loss insurance services
Lots and requirements (24)Procurement structure
24 lots · no lot values published · evaluation weights differ by lotApplies to lots 12, 13, 14.
Liability to Third Parties.
This is a precautionary notice should the current Long Term Agreement be breached.
Applies to lots 15, 16.
Liability for Injury to Employees.
This is a precautionary notice should the current Long Term Agreement be breached.
Applies to lots 20, 21.
Accidental Damage, Business Interruption and Recompilation of Data.
This is a precautionary notice should the current Long Term Agreement be breached.
Lot #1Cyber Insurance - GBP 5mRenewal
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.
Lot #2Cyber Insurance GBP 5m / GBP 5mRenewal
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.
Lot #3Directors & Officers (inc EPL in respect of NI Water Apha)Renewal
Insurance for wrongful act by Director or Officer and EPL for NI Water Alpha Employees.
Lot #4Professional IndemnityRenewal
Professional Liability in respect of services provided
Lot #5Pension Trustees LiabilityRenewal
Insurance for wrongful act as a Pension Trustee
Lot #6Parametrics for High TemperatureRenewal
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.
Lot #7Parametrics Lack of RainfallRenewal
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.
Lot #8Parametrics - Increased Water ProductionRenewal
Increased Water Production Parametrics Insurance
Lot #9Crime - NI Water Alpha onlyRenewal
Insurance for Loss sustained as a direct result of Crime. Cover in respect of NI Water Alpha only
Lot #10Property Damage & Business Interruption: LTA to 2025Renewal
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.
Lot #11Material Damage / Business Interruption (NI Water Alpha): LTA to 2025Renewal
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.
Lot #12Public Liability - GBP 25m: LTA to 2025Renewal
Lot #13Excess PL GBP 35m / GBP 25m: LTA to 2025Renewal
Lot #14Excess PL - GBP 40m / GBP 60m: LTA to 2025Renewal
Lot #15Employers Liability - GBP 25m: LTA to 2025Renewal
Lot #16Excess EL - GBP 25m / GBP 25m : LTA to 2025Renewal
Lot #17Solar Farm : LTA to 2025Renewal
Loss or or Damage to Solar Farm inc Business Interruption.
This is a precautionary notice should the current Long Term Agreement be breached.
Lot #18Motor Fleet: LTA to 2025Renewal
Comprehensive and Third Party only Motor Insurance.
This is a precautionary notice should the current Long Term Agreement be breached.
Lot #19Environmental Impairment Liability: LTA to 2025Renewal
Gradual Pollution Cover.
This is a precautionary notice should the current Long Term Agreement be breached.
Lot #20Computers - NI Water : LTA to 2026Renewal
Lot #21Computer- Dalriada Water Ltd & NI Water Alpha Ltd: LTA to 2026Renewal
Lot #22Terrorism: LTA to 2025Renewal
Property Damage & Business Interruption.
This is a precautionary notice should the current Long Term Agreement be breached.
Lot #23Travel and Personal Accident: LTA to 2026Renewal
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.
Lot #24Parametrics Freeze Thaw: LTA to 2025Renewal
Weather related Insurance for Freeze Thaw.
This is a precautionary notice should the current Long Term Agreement be breached.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Lots publish different evaluation splits; there is no single procedure weighting.
12 more lots publish their own split on the notice.
- Economic & financial standing
Insurers must be authorised to write the classes of business required in accordance with all relevant legislation.
Minimum: 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. - Technical & professional ability
Selection criteria as stated in the procurement documents
- Technical & professional ability
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.
- Price carries 35–45 points depending on the lot; most lots put it at 35 points.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0025 Utilities Contracts Regulations 2016 (Directive 2014/25/EU)
- Procurement category
- Services
- Notice status
- Closed
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Yes
- First published
- 4 Dec 2023, 09:09 GMT
- Last source update
- 4 Dec 2023, 09:09 GMT
- Award evaluation window
- 18 Jan 2024 – …
- FTS notice number
2023/S 000-035595- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-042147Find a Tender
How it was run
Official notice- Submission deadline
- 17 Jan 2024, 17:00 GMT
- Submission channel
- {"written"}
- Accepted languages
- en
- Participation fee
- document
- Bids opened
- 18 Jan 2024, 09:00 GMT
Timeline
4 Dec 2023 → 30 Apr 2024 · 5 dates- Notice published4 Dec 2023, 09:09 GMT
- Submission deadline17 Jan 2024, 17:00 GMT
- Bids opened18 Jan 2024, 09:00 GMT
- Contract starts1 Apr 2024, 00:00 BST
- Bids must remain valid until30 Apr 2024, 23:59 BST
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Northern Ireland Water LtdReview body
Process and specification contact points (1)
- Marsh LtdProcess contact point
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.