Tender Summary

Blast Modelling Consultancy Services

Buying Organisation

Pool Reinsurance

Contract Value

Unknown

Tender Description

Pool Re Solutions (PReS) are looking to procure services for the assessment and analysis of blast, to support the delivery of PML studies for the insurance industry.
The objective of a PML is to model credible, worst case scenarios for stakeholders, enabling informed decision-making and aid understanding of potential financial impacts in event of an attack.

A PML involves a risk-based identification of threat scenarios and modelling of blast overpressures through 2D desktop or 3D Computational Fluid Dynamic (CFD) blast modelling. Following analysis of the expected blast, calculations of building damage percentage and likely reconstruction / downtime, and Business Interruption (BI) costs are provided to inform the credible worst case costs, ensuring clients are able to make informed decisions regarding their risk management and risk finance.

The services required includes the following deliverables:
Assist in the identification of credible loss scenarios.
Provide blast 3D CFD and 2D desktop modelling capability, of agreed scenarios, to determine through assessment of overpressure and impulse the likely % building damage caused.
Provide accurate insight and evaluation of a PML (% damage, cost, downtime, recuperation costs).
Deliver a report providing blast analysis in support of the PML.

Project Structuring
Projects will be arranged and organised by PReS. Notification will be provided to the procured blast service, with an agreed notice period, prior to a service being engaged for a project. Each project scope, (e.g. completion period, number of blast scenarios for modelling) will be agreed as part of the project scoping. PReS will be responsible for the ongoing management, deadlines, report submission and client liaison of all projects. However, the procured blast services will be expected to support the project delivery, based upon agreed deliverables as per agreed the contractual arrangements.
The blast service is expected to be engaged on an ad-hoc nature to support project requirements as necessary.

Pool Re shall be holding a Supplier Briefing Session (via MS Teams) 11-12pm on the 7th July. Please email Commercialservices@poolre.co.uk for an invite.

Tender categories (products & services required)

Insurance consultancy services (CPV 66519310)

Region

United Kingdom (UK)

Buyer Information