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Provision of Various Commercial Insurance Policies for Natural Gas Network Operator - '23

Phoenix Natural Gas

This public procurement record has 2 releases in its history.

Award

31 Jul 2023 at 11:31

Award Notice
Tender

25 Apr 2023 at 17:04

Tender Notice
Summary of the contracting process

The procurement process for the provision of various commercial insurance policies for a natural gas network operator involves Phoenix Natural Gas as the buying organisation. The tender, titled 'Provision of Various Commercial Insurance Policies for Natural Gas Network Operator - '23', falls under the 'Insurance services' industry category. The procurement is in the 'Award' stage with a completion date of 31st July 2023. Phoenix Natural Gas is the contracting authority located in Belfast, United Kingdom. The procurement method is a 'selective' process, specifically a 'Negotiated procedure with prior call for competition'.

This tender by Phoenix Natural Gas presents opportunities for insurance service providers looking to expand their business. Businesses specialising in insurance services, particularly in areas such as liability insurance, motor fleet insurance, property insurance, and terrorism insurance, would be well-suited to compete. The tender details highlight specific insurance categories and provide clear requirements for submission, allowing interested entities to engage competitively. With a clear timeline and negotiation process outlined, businesses can participate in the selective procurement to secure a contract for the provision of insurance services.

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Notice Information

Notice Title

Provision of Various Commercial Insurance Policies for Natural Gas Network Operator - '23

Notice Description

The Utility requires a number of insurance policies to cover the various aspects of it's business operations. A summary of the various Policies required are further described in the attached "Insurance Tender Summary" document.

Lot Information

Combined Liability

Combined Liability Insurance

Renewal: The initial term shall be 12 months albeit this may be extended subject to renewal.

Excess Public and Product Liability - 1st Layer

Excess Public and Product Liability Insurance - 1st Layer

Renewal: The initial term shall be for 12 months albeit this may be extended subject to agreement.

Excess Public and Products Liability - 2nd Layer

Excess Public and Products Liability Insurance - 2nd Layer

Renewal: The initial terms shall be 12 months albeit this may be extended subject to agreement.

Motor Fleet

Motor Fleet Insurance

Renewal: The initial term shall be 12 months albeit this may be subject to renewal.

Property

Property Insurance

Renewal: The initial terms shall be 12 months albeit this may be extended subject to agreement.

Engineering Inspection & Insurance

Engineering Inspection & Insurance Services

Renewal: The initial term shall be for 12 months albeit this may be extended subject to agreement.

Business Interruption

Business Interruption Insurance

Renewal: The initial term shall be 12 months albeit this may be extended subject to agreement.

Personal Accident & Travel

Personal Accident & Travel Insurance

Renewal: The initial term shall be for 12 months albeit this may be extended subject to agreement.

Terrorism Insurance

Insurance against Terorist activity.

Renewal: The initial term shall be 12 months albeit this may be extended through subsequent agreement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03c421
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/022122-2023
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

Notice Value(s)

Tender Value
£750,000 £500K-£1M
Lots Value
£782,750 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
31 Jul 20233 years ago
Submission Deadline
22 May 2023Expired
Future Notice Date
Not specified
Award Date
28 Jun 20233 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Phoenix Natural Gas
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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