Official UK procurement notice
Translink Insurance Programme · UK public procurement notice
Authority: Translink (Central government)·Consortium: 2 public authorities
What is being bought16 lots · detail below
Published requirement descriptionInsurance pricing and cover for the insurance programme of Translink is sought, with an
inception date of 01 April 2023. Bidders must be Insurance Companies regulated by the
Financial Conduct Authority and Market Act 2000, Insurance Companies Act 1982 and any
other statutory modifications. The insurer shall be authorised to write the classes of
insurance listed in the Contract Notice. This tender does not include a requirement for any
insurance broking services. This tender opportunity is being published on behalf of
Translink* by its insurance brokers, Willis Towers Watson (WTW). Translink is NOT running
this tender competition. (* Contracting entities within the Translink group include Northern
Ireland Transport Holding Company and its subsidiary companies Ulsterbus Ltd, Citybus Ltd,
NI Railways Co Ltd, Flexibus Ltd, Translink (NI) Ltd, NIR Operations Ltd and NIR Networks
Ltd, Ulsterbus Employees' Welfare Fund). The entire tender process will be undertaken by
WTW offline. Please refer to the 'CfT Documents' for information and instructions on
completion and submission of tenders and submission of clarification requests.
CPV: Accident insurance services · Engineering insurance services · General liability insurance services · Insurance services · Motor vehicle liability insurance services · Property insurance services
Lots and requirements (16)Procurement structure
16 lots · all with a published value (£2,527,000 together)Lot #1Property Damage and Business Interruption Insurance - Rolling StockCancelledRenewalPublished value£154,000
Property Damage and Business Interruption Insurance - Rolling Stock.
Lot #2Property Damage and Business Interruption Insurance - Non Rolling StockCancelledRenewalPublished value£401,000
Property Damage and Business Interruption Insurance - Non Rolling Stock
Lot #3Employers Liability InsuranceCancelledRenewalPublished value£155,000
Employers Liability Insurance
Lot #4Public and Products Liability InsuranceCancelledRenewalPublished value£187,000
Public and Products Liability Insurance
Lot #5Excess Public and Products Liability Insurance (GBP40m xs GBP 10m)CancelledRenewalPublished value£110,000
Excess Public and Products Liability Insurance (GBP40m xs GBP 10m)
Lot #6Excess Public and Products Liability Insurance (GBP50m xs GBP 50m)CancelledRenewalPublished value£82,500
Excess Public and Products Liability Insurance (GBP50m xs GBP 50m)
Lot #7Owner Controlled Excess Liability InsuranceCancelledRenewalPublished value£79,700
Owner Controlled Excess Liability Insurance
Lot #8Motor Fleet InsuranceCancelledRenewalPublished value£852,500
Motor Fleet Insurance
Lot #9Engineering Inspection Service ContractCancelledRenewalPublished value£81,800
Engineering Inspection Service Contract
Lot #10Engineering Hired in Plant InsuranceCancelledRenewalPublished value£6,900
Engineering Hired in Plant Insurance
Lot #11Group Personal Accident and Travel Insurance - TranslinkCancelledRenewalPublished value£400
Group Personal Accident and Travel Insurance - Translink
Lot #12Computer InsuranceCancelledRenewalPublished value£600
Computer Insurance
Lot #13Directors and Officers Liability Insurance Primary (GBP 10m)CancelledRenewalPublished value£4,200
Directors and Officers Liability Insurance Primary (GBP 10m)
Lot #14Directors and Officers Liability Excess Layer Insurance (GBP 20m xs GBP 10m)CancelledRenewalPublished value£48,400
Directors and Officers Liability Excess Layer Insurance (GBP 20m xs GBP 10m)
Lot #15Directors and Officers Liability Excess Layer Insurance (GBP 20m xs GBP 10m)CancelledRenewalPublished value£63,000
Directors and Officers Liability Excess Layer Insurance (GBP 20m xs GBP 10m)
Lot #16Cyber InsuranceCancelledRenewalPublished value£300,000
Cyber Insurance
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).
- Suitability
Service providers must be Insurance Companies regulated by the Financial. Conduct Authority and Market Act 2000, Insurance Companies Act 1982 and any other statutory modifications. The insurer shall be authorised to write the classes of insurance listed in the Contract Notice. This tender does not include a requirement for any insurance broking services.
- Technical & professional ability
Service providers must be Insurance Companies regulated by the Financial. Conduct Authority and Market Act 2000, Insurance Companies Act 1982 and any other statutory modifications. The insurer shall be authorised to write the classes of insurance listed in the Contract Notice. This tender does not include a requirement for any insurance broking services..
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
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 12 Dec 2022, 16:07 GMT
- Last source update
- 24 May 2023, 11:42 BST
- Award evaluation window
- 20 Jan 2023 – …
- FTS notice number
2023/S 000-014752- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-038cbbFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
How it was run
Official notice- Submission deadline
- 20 Jan 2023, 13:00 GMT
- Submission channel
- {"written"}
- Accepted languages
- en
- Bids opened
- 20 Jan 2023, 13:30 GMT
Timeline
20 Jan 2023 → 24 May 2023 · 4 dates- Submission deadline20 Jan 2023, 13:00 GMT
- Bids opened20 Jan 2023, 13:30 GMT
- Bids must remain valid until1 Apr 2023, 23:59 BST
- Notice published24 May 2023, 11:42 BST
Notice history
2 events · 2 releases on Find a Tender · since 24 May 2023- Status changed to complete24 May 2023, 11:42 BST
- Buyer details updated24 May 2023, 11:42 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Not linked to a lot1 award | |||
| Generali, Generali, Swiss Re, RSA, QBE, QBE, QBE, QBE, Zurich, RSA, American International Group UK Limited/ AIG Europe S.A, Chubb, HSB, RSA, American International Group UK Limited/ AIG Europe S.A and Zurich | — | — | Awarded |
Contracts
Contract 014752-2023-1 · Generali, Generali, Swiss Re, RSA, QBE, QBE, QBE, QBE, Zurich, RSA, American International Group UK Limited/ AIG Europe S.A, Chubb, HSB, RSA, American International Group UK Limited/ AIG Europe S.A and Zurich
- Signed
- 1 Apr 2023
- Value
- —
- Status
- active
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- Royal Courts of JusticeReview body
Process and specification contact points (1)
- Willis LimitedProcess contact point
Bidders & participating suppliers
1 commercial party on the noticeOfficial documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria