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Provision of Various Insurance Policies for Natural Gas Network Operator - '22

Phoenix Natural Gas

This public procurement record has 2 releases in its history.

Award

27 May 2022 at 16:00

Award Notice
Tender

05 Oct 2021 at 22:45

Tender Notice
Summary of the contracting process

The procurement process involves Phoenix Natural Gas, based in Belfast, Northern Ireland, seeking various insurance policies for their operations as part of their competitive tendering process. The tender, titled "Provision of Various Insurance Policies for Natural Gas Network Operator - '22," falls under the services category within the insurance industry. The procurement is at the award stage, with contracts signed on 2nd May 2022, while the submission deadline for expressions of interest was 29th October 2021. The selected procurement method is a negotiated procedure following a prior call for competition.

This tender presents significant opportunities for businesses that specialise in insurance services, particularly those with expertise in liability, motor fleet, and management insurance. Companies capable of providing general, public, and cyber liability cover would be particularly advantageous competitors. As the tender involved multiple categories, businesses that can demonstrate experience and a strong track record in insurance practices are well-positioned to benefit from this procurement opportunity.

How relevant is this notice?

Notice Information

Notice Title

Provision of Various Insurance Policies for Natural Gas Network Operator - '22

Notice Description

The Utility requires a number of insurance policies to cover the various aspects of it's business operations.

Lot Information

Combined Liability Insurance

Insurance Cover for both Employers and Public Liability.

Renewal: The initial term shall be 18 months albeit this may be extended subject to renewal.

1st Excess Layer - Public Liability

Excess Public Liability Insurance Cover - 1st Layer

Renewal: The initial term shall be for 18 months albeit this may be extended subject to agreement.

2nd Excess Layer - Public Liability

Insurance required for Excess Public Liability - 2nd Layer.

Renewal: The initial terms shall be 18 months albeit this may be extended subject to agreement.

Motor Fleet Insurance

Insurance cover required for a commercial fleet of vehicles consisting of - on average - 42 light commercial vehicles and 38 cars.

Renewal: The initial term shall be 18 months albeit this may be subject to renewal.

Management Liability

Insurance cover required to cover Management Liability.

Renewal: The initial terms shall be 18 months albeit this may be extended subject to agreement.

Excess Management Liability

Insurance cover required to cover Excess Management (Directors and Officers) Liability.

Renewal: The initial term shall be for 18 months albeit this may be extended subject to agreement.

Insurance against Crime

Insurance cover required in consideration of the impact of a criminal event.

Renewal: The initial term shall be 18 months albeit this may be extended subject to agreement.

Business Interruption Insurance

Insurance cover in respect of an event, or series of events, that result in an interruption to general business activity.

Renewal: The initial term shall be for 18 months albeit this may be extended subject to agreement.

Cyber Insurance

Insurance cover required in consideration of the impact of a cyber related event.

Renewal: The initial term shall be 18 months albeit this may be extended through subsequent agreement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02e87d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/014954-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure with prior call for competition
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

Notice Value(s)

Tender Value
£1,000,000 £1M-£10M
Lots Value
£1,014,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
27 May 20224 years ago
Submission Deadline
29 Oct 2021Expired
Future Notice Date
Not specified
Award Date
2 May 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active, Unsuccessful
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Phoenix Natural Gas
Additional Buyers

Phoenix Natural Gas Ltd

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BELFAST
Postcode
BT3 9ED
Postcode Area
Northern Ireland
Country
Northern Ireland
Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN Northern Ireland
Local Authority
Belfast
Electoral Ward
Sydenham
Westminster Constituency
Belfast East

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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