Official UK procurement notice
1 · Cargo Services Far East (Primary) for POOL REINSURANCE COMPANY LIMITED (May 2023)
Authority: POOL REINSURANCE COMPANY LIMITED·Consortium: 2 public authorities
Sectors: Financial and insurance services (66) Delivery: London (UKI)
Budget not disclosedValue not published
Submissions closed 23 Jun 2023awarded 11 Oct 2023
Awarded to Cargo Services Far East (Primary)
What is being bought
Published requirement descriptionThe Broker shall be responsible for advising on the structure and design of the reinsurance programme and available types of cover.
They will also be expected to place the property terrorism reinsurance program.
CPV: Financial and insurance services
The lotProcurement structure
single lot · no lot value publishedLot #1AwardedRenewal
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
How bids were scored
- Price
- Staff
- Names and qualifications of delivery staff must be submitted
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Yes
- First published
- 15 May 2023, 12:55 BST
- Last source update
- 18 Oct 2023, 15:37 BST
- Award evaluation window
- 23 Jun 2023 – …
- Authority reference
PRE00020- FTS notice number
2023/S 000-030800- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03c8beFind a Tender
Contract terms
- Electronic trading
- e-invoicing allowed
How it was run
Official noticeRun through: Jaggaer · Who buys & how to bid on JAGGAER
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
- Submission deadline
- 23 Jun 2023, 14:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 180 days from the deadline
- Bids opened
- 23 Jun 2023, 14:01 BST
Detailed submission instructions & authority contactsFrom official release
Timeline
23 Jun 2023 → 18 Oct 2023 · 3 dates- Submission deadline23 Jun 2023, 14:00 BST
- Bids opened23 Jun 2023, 14:01 BST
- Notice published18 Oct 2023, 15:37 BST
Notice history
2 events · 2 releases on Find a Tender · since 18 Oct 2023- Status changed to complete18 Oct 2023, 15:37 BST
- Buyer details updated18 Oct 2023, 15:37 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Bids received 5
Contracts signed 1latest 11 Oct 2023
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Cargo Services Far East (Primary)Reinsurance Broking Services | — | — | Awarded |
Contracts
Reinsurance Broking Services · Cargo Services Far East (Primary)
- Signed
- 11 Oct 2023
- Value
- —
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| The Broker shall be responsible for advising on the structure and design of the… | 5bids · 5 electronic | — | — | £675,000 – £3,825,000 |
| Whole notice | — | — | — | £675,000 – £3,825,000 |
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- Pool Reinsurance CompanyReview body
- Royal Court of JusticeReview body
Bidders & participating suppliers
1 commercial party on the notice- Guy Carpenter & Company LimitedAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria