Public Liability (Commercial General Liability) Insurance for Managed Properties (2021-2022) (Contract No.: Q079126)

Prequalification Invitation

 

Public Liability (Commercial General Liability) Insurance for 

Managed Properties (2021-2022)

Contract No.: Q079126

 

 

MTR Corporation Limited invites qualified insurance companies / underwriters to express their interest in tendering for the above contract.

 

The Corporation arranges Public Liability (Commercial General Liability) Insurance with the advice of its insurance consultant and placing broker on the public facilities of its managed properties. The current insurance policy will expire by end of 2020.  Expression of Interest is hereby invited from qualified companies for the forthcoming period from 1st January 2021 to 31st December 2022.

 

The prequalification process will take place in August 2020 and only qualified companies will be invited to submit tender, tentatively in September 2020.

 

In order to be considered for prequalification, interested companies are requested to express their interest by writing to MTR Corporation Limited and provide the below information for assessment:

 

  • Annual reports or audited financial statements for the past 3 years to show their financial stability together with latest financial ratings by S&P or AM Best;

  • Relevant experience in providing insurance solutions to large real estate companies, particularly property management liability portfolios;

  • Information demonstrating the ability to handle a large volume of claims under one account.  

All documents shall be submitted in a sealed envelope marked “Contract No. Q079126 –Public Liability (Commercial General Liability) Insurance – Expression of Interest” and delivered to the Tender Box located at Level 2, MTR Headquarters Building, Telford Plaza, Kowloon Bay, Kowloon not later than 2:00p.m. on 17 August 2020, Hong Kong Time. Late applications will not be considered. 

 

Companies shall not submit independent tenders for the Contract if they intend to act as a supplier, sub-contractor or sub-consultant for another tenderer, or if they are a partner of a joint venture established to tender for the Contract.

 

Companies having linkage to each other, e.g. subsidiaries, holding or sister companies, shall not submit tenders for the same Contract, whether on their own or as a partner of a joint venture. “Sister companies” shall mean all companies which are subsidiaries of or otherwise belonging to the same holding company. The existence of a holding-subsidiary relationship shall be determined in accordance with the provisions in Sections 13 to 15 of the Companies Ordinance (Cap. 622) of Hong Kong. Tenderers having linkage to each other shall determine which company will submit a tender.

You are required to disclose any potential conflict of interest that may have for taking up this Contract.

 

All companies responding to this advertisement are deemed to have complied with the Personal Data (Privacy) Ordinance in the collection and transfer of personal data to MTR Corporation Limited. All information submitted including personal data, shall be used by MTR Corporation Limited and its insurance consultant for the prequalification of tenderers for this Contract. For enquiries, please contact Ms. Emily Tsang at Tel No. (852) 2915 7556.