--- title: "Award for Provision of Various Commercial Insurance Policies for Gas Network Operator - 2024" ocid: "ocds-h6vhtk-044827" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-044827" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-044827.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-044827.json" source: "Find A Tender Service" current_stage: "Award" buyer: "PHOENIX ENERGY GROUP LTD" published: "2024-08-23" --- # Award for Provision of Various Commercial Insurance Policies for Gas Network Operator - 2024 Buyer: PHOENIX ENERGY GROUP LTD Current stage: Award OCID: ocds-h6vhtk-044827 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-044827) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-044827.json) ## Summary Phoenix Energy Group Ltd has awarded contracts for the provision of various commercial insurance policies as part of a public procurement process aimed at covering its business operations. The procurement falls under the "Insurance services" category (CPV: 66510000), and the location of the contracts' delivery is Northern Ireland (UKN). Key dates include the signing of contracts on 15 July 2024, with the entire process culminating on 23 August 2024. The procurement method used was a selective, negotiated procedure with a prior call for competition, conducted under the legal framework of the Utilities Contracts Regulations 2016 (as amended), providing a minimum 10-day standstill period for review. This tender creates substantial opportunities for companies engaged in providing various types of insurance services, such as combined liability, excess public and products liability, motor fleet, property, engineering & inspection, business interruption, and others. Ideal contenders for this procurement process include insurers specialising in complex, multi-faceted coverages suitable for a gas network operator's diverse operational needs. Winning such contracts can significantly enhance a company's portfolio and market reputation in the insurance sector, particularly in Northern Ireland. ## Notice The Utility requires a number of insurance policies to cover the various aspects of it's business operations. ### Lot Information Combined Liability Combined Liability Insurance Renewal: The initial term shall be 12 months albeit this may be extended subject to agreement. Excess Public and Products Liability Excess Public and Products liability Insurances - GBP 25m/ 10m and 35m/ 25m Renewal: The initial term shall be for 12 months albeit this may be extended subject to agreement. Excess Public and Products Liability Excess Public and Products Liability Insurance 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 agreement. Property Insurance Property Insurance Renewal: The initial terms shall be 12 months albeit this may be extended subject to agreement. Engineering & Inspection Insurance Engineering & Inspection Insurance Renewal: The initial term shall be for 12 months albeit this may be extended subject to agreement. Business Interruption Insurance Business Interruption Insurance Renewal: The initial term shall be 12 months albeit this may be extended subject to agreement. Personal Accident & Travel Travel Insurance Renewal: The initial term shall be for 12 months albeit this may be extended subject to agreement. Computer Insurance Computer Insurance Renewal: The initial term shall be 12 months albeit this may be extended through subsequent agreement. Terrorism Insurance Insurance against acts of terrorism Renewal: The initial term shall be 12 months albeit this period may be extended through subsequent agreement. Management Liability Management Liability Insurance Renewal: The initial term shall be 12 months albeit this period may be extended through subsequent agreement. Excess Management Liability - 5m Excess Management Liability - 5m GBP Renewal: The initial term shall be 12 months albeit this may be extended through subsequent agreement. Excess Management Liability 5m/ 10m Excess Management Liability - 5m/ 10m Renewal: The initial term shall be 12 months albeit this may be extended through subsequent agreement. Excess Management Liability 5m/ 15m Excess Management Liability 5m/ 15m Renewal: The initial term shall be 12 months albeit this may be extended through subsequent agreement. Insurance Against Crime Insurance Against Crime Renewal: The initial term shall be 12 months albeit this period may be extended through agreement. Professional Indemnity Insurance Professional Indemnity Insurance for Downstream Engineering area of the Group. Renewal: The initial term shall be 12 months albeit this period may be extended through subsequent agreement. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/027012-2024 | | 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 | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 23 Aug 2024 | | Submission deadline | 12 Apr 2024 | | Future notice date | Not specified | | Award date | 14 Jul 2024 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £950,000 | | Lots value | £945,250 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Active, Cancelled | | Awards status | Active | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | PHOENIX ENERGY GROUP LTD | | Locality | BELFAST | | Post town | Northern Ireland | | Postcode | BT3 9ED | | Country | Northern Ireland | | ITL 1 | TLN Northern Ireland | | ITL 2 | TLN0 Northern Ireland | | ITL 3 | TLN06 Belfast | | Local authority | Belfast | | Electoral ward | Sydenham | | Westminster constituency | Belfast East | | Delivery location | TLN Northern Ireland | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services - 66510000 - Insurance services - 66516400 - General liability insurance services ## Release History - 23 Aug 2024 at 10:24 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/027012-2024 - 13 Mar 2024 at 14:02 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/008040-2024 ## Notice URLs - https://e-sourcingni.bravosolutions.co.uk - https://www.marsh.com/uk/home.html - https://www.phoenixenergyni.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-044827. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-044827.json.