--- title: "23/010 - Gas Networks Ireland Gas Infrastructure Insurance Broking Services" ocid: "ocds-h6vhtk-03ee99" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03ee99" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03ee99.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03ee99.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "GAS NETWORKS IRELAND" published: "2023-08-10" --- # 23/010 - Gas Networks Ireland Gas Infrastructure Insurance Broking Services Buyer: GAS NETWORKS IRELAND Current stage: Tender OCID: ocds-h6vhtk-03ee99 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03ee99) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03ee99.json) ## Summary The Gas Networks Ireland is seeking to enter into a competitive tendering process for Gas Infrastructure Insurance Broking Services. The procurement process aims to establish a Framework Agreement with a sole provider to cover property damage, business interruption, public liability, pollution, product liability, and terrorism insurance. The tender involves a competitive dialogue process to ensure optimal cover at the best price, with a submission deadline of 11th September 2023. This tender opportunity presents a significant business growth potential for insurance brokers and companies specialized in financial and insurance services. The tender, led by Gas Networks Ireland, offers the opportunity to provide comprehensive insurance services for gas infrastructure assets. Businesses with experience in insurance broking, claims services, and expertise in insurance market changes would be well-suited to compete in this selective procurement procedure that requires a negotiated procedure with prior call for competition. ## Notice GNI is undertaking a competitive tendering process, seeking to enter into a Framework Agreement with a sole provider to meet its requirements for the provision of GNI Gas Infrastructure Insurance Broking Services. It is intended that a single framework agreement will be awarded pursuant to this tender competition. In summary, this consists of the following cover: 1. Property damage in respect of assets with a value of approx. EUR3.6 Billion. 2. Business Interruption Insurance. 3. Public Liability Insurance with a limit of indemnity of EUR300 Million 4. Pollution and Product Liability with a limit of indemnity of EUR300 Million 5. Terrorism Insurance EUR250 Million. GNI wishes to discuss the level and conditions of the cover going forward with the short-listed Applicants as part of a competitive dialogue process to ensure that it achieves the optimal cover available at the best price in the current market for its infrastructure. However, applicants should assume that the 2023 Energy Insurance Package is indicative of the scope of insurance policies they will be required to place in 2024 when the policies forming the 2023 Energy Insurance Package expire. The scope of services also includes: - * Advise GNI as required on all insurance matters relating to the placing of policies relating to its infrastructure and business. * Review jointly with GNI the programme biannually to incorporate business and insurance market changes. * Provide insurance broking services as may be sought by GNI and its subsidiaries from time to time. * Claims Services to GNI in regard to GNI claims / recoveries against insurers. * Assist GNI in drafting relevant insurance/indemnity sections of contracts and/or other agreements in order to reflect the insurances applicable and the obligations of each party to contract. * Advise in respect of any other insurances that may be considered necessary on a contract-by contract basis. * Provide day to day service to GNI in respect of the servicing of this account. * Attend regular review meetings with GNI to continuously review policy coverage, placement strategy, claims performance and other improvement opportunities. * Ensure that the Insurers continue to satisfy the criteria applied as part of their selection, in particular with regard to credit rating. ### Lot Information Lot 1 GNI is undertaking a competitive tendering process, seeking to enter into a Framework Agreement with a sole provider to meet its requirements for the provision of GNI Gas Infrastructure Insurance Broking Services. It is intended that a single framework agreement will be awarded pursuant to this tender competition. In summary, this consists of the following cover: 1. Property damage in respect of assets with a value of approx. EUR3.6 Billion. 2. Business Interruption Insurance. 3. Public Liability Insurance with a limit of indemnity of EUR300 Million 4. Pollution and Product Liability with a limit of indemnity of EUR300 Million 5. Terrorism Insurance EUR250 Million. GNI wishes to discuss the level and conditions of the cover going forward with the short-listed Applicants as part of a competitive dialogue process to ensure that it achieves the optimal cover available at the best price in the current market for its infrastructure. However, applicants should assume that the 2023 Energy Insurance Package is indicative of the scope of insurance policies they will be required to place in 2024 when the policies forming the 2023 Energy Insurance Package expire. The scope of services also includes: - * Advise GNI as required on all insurance matters relating to the placing of policies relating to its infrastructure and business. * Review jointly with GNI the programme biannually to incorporate business and insurance market changes. * Provide insurance broking services as may be sought by GNI and its subsidiaries from time to time. * Claims Services to GNI in regard to GNI claims / recoveries against insurers. * Assist GNI in drafting relevant insurance/indemnity sections of contracts and/or other agreements in order to reflect the insurances applicable and the obligations of each party to contract. * Advise in respect of any other insurances that may be considered necessary on a contract-by contract basis. * Provide day to day service to GNI in respect of the servicing of this account. * Attend regular review meetings with GNI to continuously review policy coverage, placement strategy, claims performance and other improvement opportunities. * Ensure that the Insurers continue to satisfy the criteria applied as part of their selection, in particular with regard to credit rating. Additional information: You must submit through the eTenders system before the deadline. It is very important that you commence the scanning & uploading of your response in a timely manner. The system will automatically lockdown at the exact time specified in the Tender documents. Tenders that are not fully uploaded by the response deadline will not be accepted by the system. Please submit via the eTenders system not later than 12.00 hrs (local time) on Monday 11th September 2023 www.etenders.gov.ie/system-user-guides Renewal: Option to extend for 4 years ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/023371-2023 | | Notice type | Tender Notice | | Procurement type | Framework | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Negotiated procedure with prior call for competition | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 10 Aug 2023 | | Submission deadline | 11 Sep 2023 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | GAS NETWORKS IRELAND | | Locality | CORK | | Post town | Not specified | | Postcode | T12R X96 | | Country | Not specified | | ITL 1 | Not specified | | ITL 2 | Not specified | | ITL 3 | Not specified | | Local authority | Not specified | | Electoral ward | Not specified | | Westminster constituency | Not specified | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services - 66510000 - Insurance services ## Release History - 10 Aug 2023 at 11:09 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/023371-2023 ## Notice URLs - http://www.courts.ie - http://www.gasnetworks.ie - https://www.etenders.gov.ie - https://www.etenders.gov.ie/epps/prepareViewCAOrganisation.do?id=1362 ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03ee99. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03ee99.json.