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AwardedFind a Tender · award
BuyerPOOL REINSURANCE COMPANY LIMITED
StatusAwarded
DeadlineNot published
ValueValue not published
Published16 Apr 2024

What is being bought

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.

Delivery location

UK

Categories

Insurance claims adjustment services 66518300

Lot details

Lot 1

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. Additional information: Retainer fee per Year is £12,000.

Statuscancelled

Award criteria
price

What is included

ItemCategoryQuantity
1Not publishedNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Insurance claims adjustment services (66518300); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 662,7583 median · 17.2 average (1,184 of 2,758 with a bid count)2.5 average (1,316 of 2,758 with named award suppliers)Not published
Same buyer110 median · 10 average (1 of 1 with a bid count)2 average (1 of 1 with named award suppliers)Not published
Delivery region: UK8935 median · 28.2 average (349 of 893 with a bid count)3.3 average (388 of 893 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNo tenders or requests to participate were received for the opportunity advertised on both Contracts Finder and Find a Tender Service .
Rationale classificationsNo tenders or no suitable tenders/requests to participate in response to open procedure
Special regimeNot published
Covered byGPA
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

Loss Adjuster

Statusactive
Value£36,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-0407e6
Latest release ID012268-2024
Latest release timestampTue Apr 16 2024 08:37:28 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodlimited
Procurement method detailsAward procedure without prior publication of a call for competition
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release3

Notice history

DateEventReference
16 Apr 2024award, contract012268-2024
4 Oct 2023tender029273-2023

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
  "id": "012268-2024",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2024-04-16T09:37:28+01:00",
  "ocid": "ocds-h6vhtk-0407e6",
  "buyer": {
    "id": "GB-FTS-110939",
    "name": "POOL REINSURANCE COMPANY LIMITED"
  },
  "awards": [
    {
      "id": "012268-2024-PRE00100-1",
      "title": "Loss Adjuster",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-110940",
          "name": "WILLIAMS PITT (INTERNATIONAL) LIMITED"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "PRE00100",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "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.\nShould a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large.\nTo 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.\nIf 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. Additional information: Retainer fee per Year is £12,000.",
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK"
          }
        ]
      }
    ],
    "title": "1",
    "status": "complete",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "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.\nShould a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large.\nTo 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.\nIf 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.",
    "classification": {
      "id": "66518300",
      "scheme": "CPV",
      "description": "Insurance claims adjustment services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "No tenders or requests to participate were received for the opportunity advertised on both Contracts Finder and Find a Tender Service .",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_PROC_OPEN",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "No tenders or no suitable tenders/requests to participate in response to open procedure"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-FTS-110939",
      "name": "POOL REINSURANCE COMPANY LIMITED",
      "roles": [
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      "address": {
        "region": "UK",
        "locality": "London",
        "postalCode": "EC4R 9AF",
        "countryName": "United Kingdom",
        "streetAddress": "Equitable House, 47 King William St"
      },
      "details": {
        "url": "http://www.poolre.co.uk",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "legalName": "POOL REINSURANCE COMPANY LIMITED"
      },
      "contactPoint": {
        "email": "commercialservices@poolre.co.uk"
      }
    },
    {
      "id": "GB-FTS-110940",
      "name": "WILLIAMS PITT (INTERNATIONAL) LIMITED",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "sme"
      },
      "identifier": {
        "legalName": "WILLIAMS PITT (INTERNATIONAL) LIMITED"
      }
    },
    {
      "id": "GB-FTS-3649",
      "name": "Royal Court of Justice",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "WC2A 2LL",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "Royal Court of Justice"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "012268-2024-PRE00100-1",
      "title": "Loss Adjuster",
      "value": {
        "amount": 36000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "012268-2024-PRE00100-1",
      "dateSigned": "2024-04-08T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}
Complete JSON history (2 releases)
16 Apr 2024 · 012268-2024 · award, contract
{
  "id": "012268-2024",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
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        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      }
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  },
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  "ocid": "ocds-h6vhtk-0407e6",
  "buyer": {
    "id": "GB-FTS-110939",
    "name": "POOL REINSURANCE COMPANY LIMITED"
  },
  "awards": [
    {
      "id": "012268-2024-PRE00100-1",
      "title": "Loss Adjuster",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-110940",
          "name": "WILLIAMS PITT (INTERNATIONAL) LIMITED"
        }
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      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "PRE00100",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "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.\nShould a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large.\nTo 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.\nIf 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. Additional information: Retainer fee per Year is £12,000.",
        "awardCriteria": {
          "criteria": [
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              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK"
          }
        ]
      }
    ],
    "title": "1",
    "status": "complete",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "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.\nShould a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large.\nTo 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.\nIf 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.",
    "classification": {
      "id": "66518300",
      "scheme": "CPV",
      "description": "Insurance claims adjustment services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "No tenders or requests to participate were received for the opportunity advertised on both Contracts Finder and Find a Tender Service .",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_PROC_OPEN",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "No tenders or no suitable tenders/requests to participate in response to open procedure"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-FTS-110939",
      "name": "POOL REINSURANCE COMPANY LIMITED",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "postalCode": "EC4R 9AF",
        "countryName": "United Kingdom",
        "streetAddress": "Equitable House, 47 King William St"
      },
      "details": {
        "url": "http://www.poolre.co.uk",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "legalName": "POOL REINSURANCE COMPANY LIMITED"
      },
      "contactPoint": {
        "email": "commercialservices@poolre.co.uk"
      }
    },
    {
      "id": "GB-FTS-110940",
      "name": "WILLIAMS PITT (INTERNATIONAL) LIMITED",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "sme"
      },
      "identifier": {
        "legalName": "WILLIAMS PITT (INTERNATIONAL) LIMITED"
      }
    },
    {
      "id": "GB-FTS-3649",
      "name": "Royal Court of Justice",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "WC2A 2LL",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "Royal Court of Justice"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "012268-2024-PRE00100-1",
      "title": "Loss Adjuster",
      "value": {
        "amount": 36000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "012268-2024-PRE00100-1",
      "dateSigned": "2024-04-08T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}
4 Oct 2023 · 029273-2023 · tender
{
  "id": "029273-2023",
  "tag": [
    "tender"
  ],
  "date": "2023-10-04T14:31:40+01:00",
  "ocid": "ocds-h6vhtk-0407e6",
  "buyer": {
    "id": "GB-FTS-83136",
    "name": "Pool Reinsurance Company Limited"
  },
  "tender": {
    "id": "PRE00100",
    "lots": [
      {
        "id": "1",
        "status": "active",
        "renewal": {
          "description": "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."
        },
        "hasOptions": false,
        "hasRenewal": true,
        "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. \n Should a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large.  \nTo 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. \n 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. \nAdditionally, Pool Re may require, in its absolute discretion, the supplier to provide additional related services and/or expand services during the lifetime of the contract in order to meet future changes in demands/needs or new initiatives. Any modification in respect of additional / expanded services shall be in accordance with the requirements of Regulation 72 of the Public Contracts Regulations 2015. Additional information: Supplier Registration: In order to access the opportunity please access Pool Re’s eSourcing Portal\nhttp://poolre.ukp.app.jaggaer.com/ \nand complete the Supplier Registration\nEnsure you Complete Registration Data by answering all required questions marked with an asterisk.\nTo Access the ITTs – express an interest through the tab ITTs Open to All Suppliers, this will then move the ITT to My ITTs.",
        "contractPeriod": {
          "durationInDays": 1800
        },
        "submissionTerms": {
          "variantPolicy": "notAllowed"
        }
      }
    ],
    "items": [
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        "id": "1",
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        "deliveryAddresses": [
          {
            "region": "UKI"
          }
        ]
      }
    ],
    "title": "Loss Adjuster",
    "status": "active",
    "coveredBy": [
      "GPA"
    ],
    "documents": [
      {
        "id": "economic",
        "documentType": "economicSelectionCriteria"
      },
      {
        "id": "technical",
        "documentType": "technicalSelectionCriteria"
      }
    ],
    "bidOpening": {
      "date": "2023-11-20T14:01:00Z"
    },
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "recurrence": {
      "description": "4 to 5 years"
    },
    "awardPeriod": {
      "startDate": "2023-11-20T14:01:00Z"
    },
    "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. \n Should a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large.  \nTo 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. \n 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.",
    "tenderPeriod": {
      "endDate": "2023-11-20T14:00:00Z"
    },
    "communication": {
      "atypicalToolUrl": "http://poolre.ukp.app.jaggaer.com/"
    },
    "contractTerms": {
      "hasElectronicPayment": true,
      "electronicInvoicingPolicy": "allowed"
    },
    "hasRecurrence": true,
    "classification": {
      "id": "66518300",
      "scheme": "CPV",
      "description": "Insurance claims adjustment services"
    },
    "submissionTerms": {
      "languages": [
        "en"
      ]
    },
    "submissionMethod": [
      "electronicSubmission",
      "written"
    ],
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "http://poolre.ukp.app.jaggaer.com/",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-FTS-83136",
      "name": "Pool Reinsurance Company Limited",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI",
        "locality": "London",
        "postalCode": "EC4R 9AF",
        "countryName": "United Kingdom",
        "streetAddress": "47 King William Street"
      },
      "details": {
        "url": "http://www.poolre.co.uk",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "legalName": "Pool Reinsurance Company Limited"
      },
      "contactPoint": {
        "url": "http://poolre.ukp.app.jaggaer.com/",
        "email": "commercialservices@poolre.co.uk"
      }
    },
    {
      "id": "GB-FTS-1819",
      "name": "Royal Court of Justice",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "WC2A 2LL",
        "countryName": "United Kingdom",
        "streetAddress": "Strand"
      },
      "identifier": {
        "legalName": "Royal Court of Justice"
      }
    }
  ],
  "language": "en",
  "description": "Supplier Registration: In order to access the opportunity please access Pool Re’s eSourcing Portal\n http://poolre.ukp.app.jaggaer.com/ \nand complete the Supplier Registration.\nEnsure you Complete Registration Data by answering all required questions marked with an asterisk.\nTo Access the ITTs – express an interest through the tab ITTs Open to All Suppliers, this will then move\nthe ITT to My ITTs List. To express interest in Open Opportunities, please use ITTs Open to All Suppliers.\nJaggaer Supplier Support/ Helpdesk\nGlobal Phone Number: https://www.jaggaer.com/support/phone-numbers/\nSupplier Contact Form: https://www.jaggaer.com/submit-supplier-support-request/",
  "initiationType": "tender"
}