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. €3.6 Billion. 2. Business Interruption Insurance. 3. Public Liability Insurance with a limit of indemnity of €300 Million 4. Pollution and Product Liability with a limit of indemnity of €300 Million 5. Terrorism Insurance €250 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.
Deadline
The time limit for receipt of tenders was 2023-09-11.
The procurement was published on 2023-08-08.
Contract notice (2023-08-08) Object Scope of the procurement
Title: Financial and insurance services
Reference number: 23/010
Short description:
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. €3.6 Billion. 2. Business Interruption Insurance. 3. Public Liability Insurance with a limit of indemnity of €300 Million 4. Pollution and Product Liability with a limit of indemnity of €300 Million 5. Terrorism Insurance €250 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.
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. €3.6 Billion. 2. Business Interruption Insurance. 3. Public Liability Insurance with a limit of indemnity of €300 Million 4. Pollution and Product Liability with a limit of indemnity of €300 Million 5. Terrorism Insurance €250 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.
Notice metadata
Original language: English 🗣️
Document type: Contract notice
Nature of contract: Services
Regulation: European Union, with participation of GPA countries
Common procurement vocabulary (CPV)
Code: Financial and insurance services📦
Additional CPV: Insurance services📦 Place of performance
NUTS region: Éire/Ireland🏙️
Procedure
Procedure type: Negotiated procedure
Type of bid: Submission for all lots
Award criteria
The most economic tender
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
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
Object Scope of the procurement
Duration: 48 months
Description of renewals: Option to extend for 4 years
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
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
Legal, economic, financial and technical information Conditions for participation
Suitability to pursue the professional activity: Refer to tender documents.
Contract execution
Legal form to be taken by the group of economic operators to whom the contract is to be awarded:
Requests to participate may be submitted by single entities or by groups of service providers. A group will not be required to convert into a specific legal form in order to submit a request to participate but may if the Contracting Entity considers it necessary to ensure that the contract is carried out to its satisfaction, be required to do so prior to award of the contract. The Contracting Entity also reserves the right to contract with each member of the group on the basis of joint and several liability, or with one member of the group as a main contractor with a number of sub-contractors or on any other basis as the Contracting Entity considers appropriate.
Legal form to be taken by the group of economic operators to whom the contract is to be awarded
Requests to participate may be submitted by single entities or by groups of service providers. A group will not be required to convert into a specific legal form in order to submit a request to participate but may if the Contracting Entity considers it necessary to ensure that the contract is carried out to its satisfaction, be required to do so prior to award of the contract. The Contracting Entity also reserves the right to contract with each member of the group on the basis of joint and several liability, or with one member of the group as a main contractor with a number of sub-contractors or on any other basis as the Contracting Entity considers appropriate.
Procedure
Legal basis: 32014L0025
Envisaged number of candidates: 5
Time of receipt of tenders: 12:00
Languages in which tenders or requests to participate may be submitted: English 🗣️
Irish 🗣️
Tender validity period: 6 months
Complementary information Review body
Name: The High Court
Postal address: High Court Central Office, Four Courts, Inns Quay
Postal town: Dublin
Country: Ireland 🇮🇪
Phone: +35 318886000📞
E-mail: highcourtcentraloffice@courts.ie📧
Internet address: http://www.courts.ie🌏
Information about review deadlines:
Please refer to Statutory Instrument 131 of 2010, European Communities (Award of Contracts by Utility Undertaking) (Review Procedures) Regulations 2010 (and in particular Regulation 7 and 10(2)).