--- title: "Procurement of General Insurance (excluding Broker and Administration Services)" ocid: "ocds-h6vhtk-042147" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042147" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-042147.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-042147.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "NORTHERN IRELAND WATER LIMITED" published: "2023-12-04" --- # Procurement of General Insurance (excluding Broker and Administration Services) Buyer: NORTHERN IRELAND WATER LIMITED Current stage: Tender OCID: ocds-h6vhtk-042147 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042147) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-042147.json) ## Summary The Northern Ireland Water Limited has initiated a tender for the procurement of General Insurance services, specifically for Water distribution and related services. The tender involves multiple lots covering various types of insurance, each with different coverage and award criteria. The contract period is from April 1, 2024, to March 31, 2029, with options for renewal. The tender deadline is January 17, 2024, and the bid opening is scheduled for January 18, 2024. This tender from Northern Ireland Water Limited presents business growth opportunities for insurance companies specialising in General Liability, Financial Loss, Risk Management, and Insurance Services. Companies with experience in providing insurance coverages and meeting the technical selection criteria prescribed in the tender documents are well-suited to compete. The procurement method is an open procedure, inviting interested insurers authorised in the UK or EU to participate for a chance to secure long-term insurance contracts. ## Notice General Insurance ### Lot Information Cyber Insurance - GBP 5m Cyber Insurance including First Party, Third Party and Event Management. It is NI Water's intention to award contract(s) for Cyber Insurance with total coverage of PS10m across Lots 1 & 2. This may be in the form of a single policy of PS10m or a primary policy and one or more excess layers. Should the exact level of coverage required not be available from the initial submissions NI Water may request Economic Operators to refine their submissions or may award contracts for a different total coverage. Options: Multi Year and multi cover options will be considered Renewal: Preferred period is for five years with a review after completion of three year agreement. Other options will be considered Cyber Insurance GBP 5m / GBP 5m Cyber Insurance including First Party and Third Party Claims. It is NI Water's intention to award contract(s) for Cyber Insurance with total coverage of PS10m across Lots 1 & 2. This may be in the form of a single policy of PS10m or a primary policy and one or more excess layers. Should the exact level of coverage required not be available from the initial submissions NI Water may request Economic Operators to refine their submissions or may award contracts for a different total coverage. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Directors & Officers (inc EPL in respect of NI Water Apha) Insurance for wrongful act by Director or Officer and EPL for NI Water Alpha Employees. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Professional Indemnity Professional Liability in respect of services provided Options: Multi year and multi cover options will be considered Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Pension Trustees Liability Insurance for wrongful act as a Pension Trustee Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Parametrics for High Temperature Weather related Insurance for High Temperature. Award of this Lot is subject to the outcome of Lot 8. If it is determined by NI Water that Lot 8 satisfies it's requirements it may not progress with the award of this Lot. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Parametrics Lack of Rainfall Weather related Insurance for Lack of Rainfall. Award of this Lot is subject to the outcome of Lot 8. If it is determined by NI Water that Lot 8 satisfies it's requirements it may not progress with the award of this Lot. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Parametrics - Increased Water Production Increased Water Production Parametrics Insurance Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Crime - NI Water Alpha only Insurance for Loss sustained as a direct result of Crime. Cover in respect of NI Water Alpha only Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Property Damage & Business Interruption: LTA to 2025 Material Damage & Business Interruption. This is a precautionary notice should the current Long Term Agreement be breached or should increased capacity be required if insurance values increase beyond capacity of existing Insurers. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Material Damage / Business Interruption (NI Water Alpha): LTA to 2025 Material Damage and Business Interruption. This is a precautionary notice should the current Long Term Agreement be breached or should increased capacity be required if insurance values increase beyond capacity of existing Insurers. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Public Liability - GBP 25m: LTA to 2025 Liability to Third Parties. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Excess PL GBP 35m / GBP 25m: LTA to 2025 Liability to Third Parties. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Excess PL - GBP 40m / GBP 60m: LTA to 2025 Liability to Third Parties. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Employers Liability - GBP 25m: LTA to 2025 Liability for Injury to Employees. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Excess EL - GBP 25m / GBP 25m : LTA to 2025 Liability for Injury to Employees. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Solar Farm : LTA to 2025 Loss or or Damage to Solar Farm inc Business Interruption. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Motor Fleet: LTA to 2025 Comprehensive and Third Party only Motor Insurance. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Environmental Impairment Liability: LTA to 2025 Gradual Pollution Cover. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Computers - NI Water : LTA to 2026 Accidental Damage, Business Interruption and Recompilation of Data. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Computer- Dalriada Water Ltd & NI Water Alpha Ltd: LTA to 2026 Accidental Damage, Business Interruption and Recompilation of Data. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Terrorism: LTA to 2025 Property Damage & Business Interruption. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Travel and Personal Accident: LTA to 2026 Insurance in respect of Travel and Personal Accident for Dalriada Water Ltd and NI Water Alpha Employees only. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. Parametrics Freeze Thaw: LTA to 2025 Weather related Insurance for Freeze Thaw. This is a precautionary notice should the current Long Term Agreement be breached. Options: Multi year and multi cover options will be considered. Renewal: Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/035595-2023 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 4 Dec 2023 | | Submission deadline | 17 Jan 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Mar 2024 - 31 Mar 2029 | | 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 | NORTHERN IRELAND WATER LIMITED | | Locality | BELFAST | | Post town | Northern Ireland | | Postcode | BT14 6TE | | Country | Northern Ireland | | ITL 1 | TLN Northern Ireland | | ITL 2 | TLN0 Northern Ireland | | ITL 3 | TLN06 Belfast | | Local authority | Belfast | | Electoral ward | Chichester Park | | Westminster constituency | Belfast North | | Delivery location | TLN06 Belfast | ## CPV Codes ### Divisions - 65 - Public utilities - 66 - Financial and insurance services ### Codes - 65100000 - Water distribution and related services - 66512000 - Accident and health insurance services - 66514110 - Motor vehicle insurance services - 66515000 - Damage or loss insurance services - 66515200 - Property insurance services - 66515300 - Weather and financial loss insurance services - 66515410 - Financial loss insurance services - 66516000 - Liability insurance services - 66516400 - General liability insurance services - 66516500 - Professional liability insurance services ## Release History - 4 Dec 2023 at 09:09 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/035595-2023 ## Notice URLs - http://www.niwater.com ## 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-042147. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-042147.json.