Find a TenderAwarded
Published 30 Mar 2021, 14:56 BST

Official UK procurement notice

Adra Tender for Insurance and related Services

Official notice

Authority: Adra (Tai) Cyf (Public body)

ServicesRestricted procedure
Awarded value£500,000published contract · exc. VAT
Awarded 30 Mar 2021
Awarded to Marsh Ltd

What is being bought

Published requirement description

Adra is procuring the provision of insurance and related services from suitably experienced service providers as specified, including property-related insurance, business interruption, public liability, employer's liability, professional indemnity, crime, motor vehicle insurance and other insurances as required. Services should also include arrangements for engineering inspections, handling claims and advising on aspects of policy cover as required. Bids are invited from suitably qualified insurance brokers/direct providers for the entire scope of services. The procurement will follow the two stage restricted process with this pre-qualifying stage based on SQUID questions and bidders will be selected on the basis of their capability, capacity and experience to perform the contract.

CPV: Financial and insurance services · General liability insurance services · Insurance claims adjustment services · Insurance services · Liability insurance services · Motor vehicle liability insurance services · Professional liability insurance services

The lotProcurement structure

single lot · no lot value published

What it takes to win
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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 more
How bids were scored
Quality: 40%Price: 60%
Published award criteria (2)
  • quality: 40
  • Price: 60
What this means for your bid
  • Price carries 60 of 100 points: a 10% discount moves about 6 points. This one is won on the number: sharpen the price before polishing the prose.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Restricted 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
Unspecified in notice
First published
30 Mar 2021, 14:56 BST
Last source update
30 Mar 2021, 14:56 BST
FTS notice number
2021/S 000-006542
Classification (CPV)
Financial and insurance servicesGeneral liability insurance servicesInsurance claims adjustment servicesInsurance servicesLiability insurance servicesMotor vehicle liability insurance servicesProfessional liability insurance services
Delivery area
Wales (UKL12)
Official registry OCID
ocds-h6vhtk-02a0ff Find a Tender

Publisher note: Bidders should note that for reasons of confidentiality, full Tender information will be made available only to those Bidders that are selected to proceed to the ITT Stage. Sufficient detail is provided within this notice to enable the Bidder to decide whether to participate in this process. (WA Ref:109458)

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £500,0001 contract exc. VAT
Bids received 3
Contracts signed 1latest 30 Mar 2021
Awarded toValueDateStatus
Marsh Ltd£500,000 †—Awarded

Contracts

  • Contract 006542-2021-1 · Marsh Ltd

    Signed
    30 Mar 2021
    Value
    £500,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids · 3 electronic0——

Contracting authority & participating public bodies

Adra (Tai) Cyf

Contracting authorityPublic bodyBody governed by public lawHousing and community amenities PO Box 206, Bangor, Wales, LL57 9DSContact name, email, phone

Dispute resolution & review bodies

  • High CourtReview body London

Bidders & participating suppliers

1 commercial party on the notice
  • Marsh LtdAwarded supplier Earley West, 300 Thames Valley Park Drive, Reading, UK, RG61PT

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.