Official UK procurement notice
Procurement of OCIP Insurance (excluding Broker and Administration Services)
Authority: NORTHERN IRELAND WATER LIMITED (Central government)
What is being bought
Published requirement descriptionInsurance for OCIP programme
CPV: Water distribution and related services
The lotProcurement structure
single lot · no lot value publishedLot #1OCIP Insurance for Construction All Risks with a limit of GBP 20,000,000 per project…Renewal
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
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).
Published sub-criteria (5)
- Quality of Cover: 35%
- Risk Management: 10%
- Claims Management: 10%
- price: 35%
- Social Value: 10%
Published award criteria (5)
- Quality of Cover: 35%
- Risk Management: 10%
- Claims Management: 10%
- Social Value: 10%
- Price: 35%
- Suitability
Insurers must be authorised to write the classes of business required in accordance with the relevant legislation
- Condition of participationno text publishedMinimum: 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
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 of 100 points: a 10% discount moves about 3.5 points. The method statement decides this lot, not the discount.
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
- 10 Jan 2025, 16:26 GMT
- Last source update
- 10 Jan 2025, 16:26 GMT
- Award evaluation window
- 17 Feb 2025 – …
- FTS notice number
2025/S 000-000920- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04cf3eFind a Tender
How it was run
Official notice- Submission deadline
- 14 Feb 2025, 17:00 GMT
- Submission channel
- {"written"}
- Accepted languages
- en
- Bids opened
- 17 Feb 2025, 09:00 GMT
Timeline
10 Jan 2025 → 30 Apr 2025 · 5 dates- Notice published10 Jan 2025, 16:26 GMT
- Submission deadline14 Feb 2025, 17:00 GMT
- Bids opened17 Feb 2025, 09:00 GMT
- Contract starts1 Apr 2025, 00:00 BST
- Bids must remain valid until30 Apr 2025, 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.