This public procurement record has 2 releases in its history.

Award

31 Jan 2025 at 15:54

Tender

16 Oct 2024 at 17:16

Summary of the contracting process

Londonderry Port & Harbour Commissioners, trading as Foyle Port, invited tenders for the provision of non-life insurances, with a focus on insurance services under the industry category. The procurement, conducted via a negotiated procedure with prior call for competition, comprised eight lots including Marine Package Insurance, Employers Liability, Business Travel/Personal Accident, Motor Fleet, Directors & Officers, Cyber, Excess Public Liability, and Excess Employer's Liability. The contracts span a minimum initial period of one year, with potential annual renewals for up to three years. Key deadlines included the initial tender period ending on 8 November 2024, with second-stage invitations issued on 15 November 2024. The location of service delivery is within the UKN0A region.

This tender represents significant opportunities for businesses within the insurance sector, particularly those offering comprehensive packages in niche categories such as marine, liability, and cyber insurance. The division into multiple lots allows for versatility, enabling economic operators to bid on individual or multiple lots based on their expertise and capacity. Large-scale insurance firms and consortia, especially those registered with regulatory bodies such as the UK Prudential Regulation Authority or the Financial Conduct Authority, are well-positioned to compete. The potential for annual renewals up to three years further enhances long-term partnership opportunities with Foyle Port.

How relevant is this notice?

Notice Title

Provision of Non-Life Insurances

Notice Description

Foyle Port invited tenders for the provision of insurance services. Tenders were sought on the basis of premium levels quoted on a twelve month basis, with the potential option for Foyle Port to extend, on an annual basis, up to a maximum of three (3) years. The contract was divided into eight (8) lots as follows and an Economic Operator could submit tenders, and be awarded contracts, for all or any combination of lots: Lot 1 - Marine Package Insurance Lot 2 - Employers Liability Lot 3 - Business Travel / Personal Accident Lot 4 - Motor Fleet Lot 5 - Directors & Officers Lot 6 - Cyber Lot 7 - Excess Public Liability Lot 8 - Excess Employer's Liability

Lot Information

Marine Package Insurance

Marine Package Insurance to include: - Material Damage - Public Liability / Hull (including Business Interruption & Removal of Wreck) - Goods in Transit - Engineering Combined

Options: The contract will be awarded for a minimum initial period of one (1) year, with the potential option for Foyle Port to extend, on an annual basis, up to a maximum of three (3) years.

Employers Liability Insurance

Employers Liability Insurance

Options: The contract will be awarded for a minimum initial period of one (1) year, with the potential option for Foyle Port to extend, on an annual basis, up to a maximum of three (3) years.

Business Travel / Personal Accident Insurance

Business Travel / Personal Accident insurance

Options: The contract will be awarded for a minimum initial period of one (1) year, with the potential option for Foyle Port to extend, on an annual basis, up to a maximum of three (3) years.

Motor Fleet Insurance

Motor Fleet Insurance

Options: The contract will be awarded for a minimum initial period of one (1) year, with the potential option for Foyle Port to extend, on an annual basis, up to a maximum of three (3) years.

Directors and Officers Insurance

Directors and Officers Insurance

Options: The contract will be awarded for a minimum initial period of one (1) year, with the potential option for Foyle Port to extend, on an annual basis, up to a maximum of three (3) years.

Cyber Insurance

Cyber Insurance

Options: The contract will be awarded for a minimum initial period of one (1) year, with the potential option for Foyle Port to extend, on an annual basis, up to a maximum of three (3) years.

Excess Public Liability Insurance

Excess Public Liability Insurance

Options: The contract will be awarded for a minimum initial period of one (1) year, with the potential option for Foyle Port to extend, on an annual basis, up to a maximum of three (3) years.

Excess Employer's Liability Insurance

Excess Employer's Liability Insurance

Options: The contract will be awarded for a minimum initial period of one (1) year, with the potential option for Foyle Port to extend, on an annual basis, up to a maximum of three (3) years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04ad10
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003346-2025
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66512000 - Accident and health insurance services

66514110 - Motor vehicle insurance services

66514120 - Marine, aviation and other transport insurance services

66516000 - Liability insurance services

66519000 - Engineering, auxiliary, average, loss, actuarial and salvage insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
31 Jan 20251 years ago
Submission Deadline
8 Nov 2024Expired
Future Notice Date
Not specified
Award Date
1 Jan 20251 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

Contracting Authority (Buyer)

Main Buyer
Londonderry Port & Harbour Commissioners trading as Foyle Port
Additional Buyers

Londonderry Port and Harbour Commissioners trading as Foyle Port

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

Buyer Location

Locality
LONDONDERRY
Postcode
BT47 6FL
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)
TLN0A Derry City and Strabane
Delivery Location
TLN0A Derry City and Strabane

Local Authority
Derry City and Strabane
Electoral Ward
Enagh
Westminster Constituency
Foyle

Supplier Information

Number of Suppliers
5
Supplier Names

American International Group UK Ltd

Chaucer Syndicates Limited

RSA Northern Ireland

Risk Management Partners Limited

Travelers Insurance Company Limited

Open Contracting Data Standard (OCDS)

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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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