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Find a TenderAwarded without competition
Published 4 Oct 2023, 14:31 BST

Official UK procurement notice

1 · WILLIAMS PITT (INTERNATIONAL) LIMITED for POOL REINSURANCE COMPANY LIMITED (Oct 2023)

Official notice

Authority: POOL REINSURANCE COMPANY LIMITED·Consortium: 2 public authorities

ServicesAward procedure without prior publication of a call for competition
Sectors: Financial and insurance services (66) Delivery: UKLondon (UKI)
Awarded value£36,000published contract · exc. VAT
Submissions closed 20 Nov 2023
Awarded to WILLIAMS PITT (INTERNATIONAL) LIMITED

What is being bought

Published requirement description

The primary function of Pool Re is to pay eligible claims to its members (“Members”) following a terrorism event. To ensure that Pool Re performs its role in an accurate, timely and cost- effective manner and to prevent any reputational damage, Pool Re must be ready to respond to incidents as they occur, whether it is a small, isolated incident or a catastrophic event.

Should a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large.

To ensure that the claims and referrals are reviewed promptly, there may be a requirement for additional loss adjusting resource at Pool Re, subject to the size of the relevant loss event.

If required, the additional resource provided by the Supplier will assist the Pool Re Claims Manager in reviewing claims above individual Members’ Large Loss limits, review, collate and calculate the erosion of Members’ retentions and ensure the service provided to Members and other stakeholders is of the highest standard.

  • Recurrence: 4 to 5 years

CPV: Insurance claims adjustment services

The lotProcurement structure

single lot · no lot value published
Lot #1AwardedRenewal
Delivery: UK, London
Extensions: The contract requirements will be for five (5) years with the option for Pool Re to extend for a further three (3) x 12 month extension periods.Variant bids: not allowed

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Award procedure without prior publication of a call for competition
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded without competition
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Direct award (no call for competition)
GPA / WTO covered
Yes (GPA)
Recurring procurement
Yes · 4 to 5 years
First published
4 Oct 2023, 14:31 BST
Last source update
16 Apr 2024, 09:37 BST
Award evaluation window
20 Nov 2023 – …
Authority reference
PRE00100
FTS notice number
2024/S 000-012268
Classification (CPV)
Insurance claims adjustment services
Delivery area
UKLondon (UKI)
Official registry OCID
ocds-h6vhtk-0407e6 Find a Tender
Why no open competition
No tenders or no suitable tenders/requests to participate in response to open procedure
Published justification

No tenders or requests to participate were received for the opportunity advertised on both Contracts Finder and Find a Tender Service .

Contract terms
Electronic trading
e-invoicing allowed · electronic payment

Publisher note: Supplier Registration: In order to access the opportunity please access Pool Re’s eSourcing Portal http://poolre.ukp.app.jaggaer.com/ and complete the Supplier Registration. Ensure you Complete Registration Data by answering all required questions marked with an asterisk. To Access the ITTs – express an interest through the tab ITTs Open to All Suppliers, this will then move the ITT to My ITTs List. To express interest in Open Opportunities, please use ITTs Open to All Suppliers. Jaggaer Supplier Support/ Helpdesk Global Phone Number: https://www.jaggaer.com/support/phone-numbers/ Supplier Contact Form: https://www.jaggaer.com/submit-supplier-support-request/

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on JAGGAER
Supplier login requiredLanguage: EN
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail

Tender documents are also served through a separate tool: http://poolre.ukp.app.jaggaer.com/ ↗

Submission deadline
20 Nov 2023, 14:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
20 Nov 2023, 14:01 GMT
Detailed submission instructions & authority contactsFrom official release

poolre.ukp.app.jaggaer.com ↗

Timeline

20 Nov 2023 → 16 Apr 2024 · 3 dates
  1. Submission deadline
    20 Nov 2023, 14:00 GMT
  2. Bids opened
    20 Nov 2023, 14:01 GMT
  3. Notice published
    16 Apr 2024, 09:37 BST

Notice history

3 events · 2 releases on Find a Tender · since 16 Apr 2024
  1. Status changed to complete
    16 Apr 2024, 09:37 BST
  2. Procurement method changed
    16 Apr 2024, 09:37 BST
  3. Buyer details updated
    16 Apr 2024, 09:37 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £36,0001 contract exc. VAT
Bids received 1
Contracts signed 1latest 8 Apr 2024
Awarded toValueDateStatus
WILLIAMS PITT (INTERNATIONAL) LIMITEDSMELoss Adjuster£36,000 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids———

Contracting authority & participating public bodies

2 public bodies on the notice

POOL REINSURANCE COMPANY LIMITED

Contracting authorityBody governed by public lawEconomic affairs Equitable House, 47 King William St, London, UK, EC4R 9AFContact email

Dispute resolution & review bodies

  • Royal Court of JusticeReview body London

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria