Mersey Gateway Insurance Provision

Tender description

The Mersey Gateway is a new road crossing for the River Mersey and Manchester Ship Canal that was opened in October 2017. It provides a crossing that links the towns of Runcorn and Widnes in the Borough of Halton. Total Material Damage Sum Insured: 600,001,000.00 GBP Total Business Interruption Sum Insured: 201,895,000.00 GBP (representing a 42 month indemnity period.) Total Annual Revenue Value: 55,912,000.00 GBP Lot 1: Material Damage & Business Interuption Material Damage & Business Interruption Insurance Value plus Insurance Premium Tax @ 12% Policy from 12/10/21 - 11/10/22 Lot 2: Terrorism Placement Terrorism Placement Value plus Insurance Premium Tax @ 12% Term - 12/10/21 - 11/10/22 Lot 3: Primary Third Party Liability (10 million GBP) Placement Primary Third Party Liability (10 million gbp) Placement Value plus Insurance Premium Tax @ 12% Term - 12/10/21 - 11/10/22 Lot 4: 1st Excess Layer Third Party Liability (40 million GBP in excess of 10 million GBP) Placement 1st Excess Layer Third Party Liability (40 million gbp in excess of 10 million gbp) Placement Value plus Insurance Premium Tax @ 12% Term - 12/10/21 - 11/10/22 Lot 5: 2nd Excess Layer Third Party Liability (40 million GBP in excess of 10 million GBP) Placement 2nd Excess Layer Third Party Liability (40 million gbp in excess of 10 million gbp) Placement Value plus Insurance Premium Tax @ 12% Value - 12/10/21 - 11/10/22