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PRE-BID MEETING CONSTRUCTION OF MEDUPI-BORUTHO TRANSMISSION LINE PRE-BID MEETING INSURANCE PRESENTATION Presented by: Dennis Govender 13 November 2014.

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Presentation on theme: "PRE-BID MEETING CONSTRUCTION OF MEDUPI-BORUTHO TRANSMISSION LINE PRE-BID MEETING INSURANCE PRESENTATION Presented by: Dennis Govender 13 November 2014."— Presentation transcript:

1 PRE-BID MEETING CONSTRUCTION OF MEDUPI-BORUTHO TRANSMISSION LINE PRE-BID MEETING INSURANCE PRESENTATION Presented by: Dennis Govender 13 November 2014

2 Pricing & Insurance  Pricing required on two mandatory alternatives: 1.Total price including insurances – Employer to provide no insurances; Contractor provides insurances  Price With Insurance (PWI) 2.Total price excluding Employer arranged insurances – Employer to provide selected project insurances  Price Without Insurance (PWOI) 2016/07/022

3 Insurance Costing 2016/07/023  Price with (PWI price) and without insurance (PWOI price) as per the requirements set out in the Price Schedules  Bids will be evaluated including insurance (PWI price)  Employer may choose either option i.e. with insurance (PWI price) or without (PWOI price)  If the Employer chooses the (PWOI) option; the insurances provided will be as per insurance policies included in the enquiry documents

4 Costing – with Insurance (PWI) 2016/07/024  Refer to ITB 17.5(a) & ITB 17.5 (c)&(d) ITB 35.4(a) & ITB 39  Quote for CIP and other insurances as listed in GC 33, GC 34 and Appendix 3. Insurance Requirements  Cargo Insurance  Installation All Risks  Third Party Liability Insurance  Automobile Liability Insurance  Workers’ Compensation  Employer’s Liability  Other Insurances NB: list type & cost per type

5 Costing Excluding Employer Arranged Insurances (PWOI) 2016/07/025  For Employer arranged insurances refer Insurance Schedule (Appendix 9):  Master Policy for Construction and/or Erection All Risks (Installation All Risks) and Public Liability Insurance (Third Party Liability Insurance)  SASRIA Limited Coupon Policy for Special Risks Insurance for Contract Works (Riot)  Marine Policy (Cargo Insurance)  If Employer arranges listed insurances GC 33 & GC 34 will be replaced by PC 33 & PC 34

6 ? Thank you


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