Tender

Insurance Coverage and Associated Service (not including broking services)

GOVIA THAMESLINK RAILWAY LIMITED

This public procurement record has 1 release in its history.

Tender

16 Feb 2023 at 15:27

Summary of the contracting process

The public procurement process for the Insurance Coverage and Associated Service tender is being conducted by Govia Thameslink Railway Limited. The tender involves providing insurance services for Govia Thameslink Railway Ltd, which operates passenger rail services in the United Kingdom. The procurement stage is currently in the tender phase, with the deadline for submissions set for March 6, 2023. The contract is expected to initially run for two years until June 30, 2025, with the possibility of extending for up to three additional one-year periods. The tender falls under the railway insurance services industry category.

This tender presents an opportunity for businesses specialized in providing insurance services, particularly in the railway sector, to compete for a significant contract with Govia Thameslink Railway. Companies involved in insurance coverage for rolling stock, property, liability, terrorism, motor, travel, and associated services are well-suited to participate. The procurement method for this tender is selective, following a negotiated procedure with prior competition. Businesses interested in applying must ensure compliance with the specific requirements outlined by the contracting authority and related to the Claims Allocation and Handling Agreement (CAHA).

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Notice Title

Insurance Coverage and Associated Service (not including broking services)

Notice Description

This expression of interest and subsequent Tender (ITT) is for insurance coverage and associated services for Govia Thameslink Railway (The Contracting Authority). Govia Thameslink Railway ltd (GTR) was awarded a new National Rail Contract, which operates passenger railservices on four brands- Southern, Gatwick Express, Thameslink and Great Northern. Govia Thameslink Railway limited proposes to enter into one or more Contract(s) for an initial period of two [2] years to 30th June 2025, with the option to extend for up to three further periods of one year each, with the successful Bidder(s). The insurance services required are: 1. Rolling Stock 2. Excess layer rolling stock 3. Property 4. Terrorism 5. Primary Liability 6. Excess Layer Liability 7. Motor 8. Travel 9. Package - any combined variations of lots above

Lot Information

Lot 1

Rolling Stock insurance

Options: 3no 12 month extension options

Renewal: 3no 12 month extension options

Lot 2

Excess Layer Rolling Stock Insurance

Options: 3no 12 month extension options

Renewal: 3no 12 month extension options

Lot 3

Railway Property insurance Property at any premises owned, leased, hired or tenanted by Govia Thameslink Railway Ltd

Options: 3no 12 month extension options

Renewal: 3no 12 month extension options

Lot 4

Terrorism Insurance Cover: Accidental loss or destruction of or damage by an act of terrorism in the UK

Options: 3no 12 month extension options

Renewal: 3no 12 month extension options

Lot 5

Employers' Liability Legal Liability to pay compensation for death or bodily injury sustained by an Employee during the course of employment in connection with the business during the Period of Insurance. Limit of Indemnity PS50,000,000 per occurrence but reduced to PS5,000,000 per occurrence for Terrorism. Public Liability/Products Liability Legal Liability for death or bodily injury to any person, damage to property, obstruction, trespass or nuisance including liability arising out of a terrorist act in the UK. Limit of Indemnity PS10,000,000 any one occurrence and in the aggregate for Products Liability. Tour Operators Liability Cover: Legal liability for bodily injury or damages to customers property caused by a supplier in the course of a holiday and Tour Operators Financial Liability Limit of Indemnity - PS10,000,000 each and every loss and in the aggregate including costs All policies are on a 'claims made' basis. Territorial Limits: a) Great Britain, Northern Ireland, Isle of Man and Channel Islands. b) Europe if engaged on the business of the Insured. c) Elsewhere in the world if engaged on a temporary visit for non-manual work on the business of the Insured.

Options: 3no 12 month extension options

Renewal: 3no 12 month extension options

Lot 6

Excess Layer Liability: PS145m Public/Products Liablity in excess of primary PS10m including Motor Third Party Property Damage

Options: 3no 12 month extension options

Renewal: 3no 12 month extension options

Lot 7

Motor Insurance: Third Party Liability; Legal Liability for damages and claimant's costs in respect of death or bodily injury to any person or damage to any property resulting from an accident arising out of the use of an insured vehicle, including defence and legal representation fees and costs incurred with Insurer's consent. Comprehensive Cover: Damage to two classroom buses.

Options: 3no 12 month extension options

Renewal: 3no 12 month extension options

Lot 8

Travel Insurance: 1. Personal Accident Cover during Business Travel 2. Business Travel All Directors, Principals and Employees of the Insured and their accompanying spouse/partner & children resident in the UK.

Options: 3no 12 month extension options

Renewal: 3no 12 month extension options

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03a642
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/004801-2023
Current Stage
Tender
All Stages
Tender

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

66514110 - Motor vehicle insurance services

66514130 - Railway insurance services

66515200 - Property insurance services

Notice Value(s)

Tender Value
£30,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Feb 20233 years ago
Submission Deadline
6 Mar 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Subject to initial contract term of two years with options for an additional 3no 12 month periods, further notices may be issued as required after 18 months through to 60 months.

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
GOVIA THAMESLINK RAILWAY LIMITED
Contact Name
Joseph Keaney
Contact Email
joe.keaney@go-ahead.com
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EC3R 8AJ
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
City of London
Electoral Ward
Bridge
Westminster Constituency
Cities of London and Westminster

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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