Official UK procurement notice
C1189 - Insurance Brokerage Services
Authority: NI Water and its subsidiaries
Sectors: Financial and insurance services (66) Delivery: Northern Ireland (UKN)
Published estimate£500,000exc. VAT
Submissions closed 19 May 2023awarded 16 Aug 2023
Awarded to Marsh Ltd
What is being bought
Published requirement descriptionProvision of insurance brokerage services and potentially risk management services to include risk identification, analysis and control.
CPV: Financial and insurance services · Insurance and pension services · Insurance brokerage services
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£500,000
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
Published sub-criteria (2)
- Quality: 65%
- Cost: 35%
Published award criteria (2)
- Quality: 65
- Cost: 35
What this means for your bid
- Price carries 35 of 100 points: a 10% discount moves about 3.5 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Negotiated procedure with prior call for competition
- Legal basis
- CELEX · 32014L0025 Utilities Contracts Regulations 2016 (Directive 2014/25/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
- 28 Apr 2023, 17:10 BST
- Last source update
- 18 Aug 2023, 12:13 BST
- FTS notice number
2023/S 000-024315- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03c55aFind a Tender
How it was run
Official noticeRun through: eTendersNI · Who buys & how to bid on eTendersNI
Access & registration note: Free Northern Ireland registration
- Submission deadline
- 19 May 2023, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
Detailed submission instructions & authority contactsFrom official release
Timeline
19 May 2023 → 18 Aug 2023 · 3 dates- Submission deadline19 May 2023, 12:00 BST
- Bids must remain valid until17 Aug 2023, 23:59 BST
- Notice published18 Aug 2023, 12:13 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete18 Aug 2023, 12:13 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £500,0001 contract exc. VAT
Bids received 2
Contracts signed 1latest 16 Aug 2023
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Marsh LtdContract | £500,000 † | — | Awarded |
Contracts
Contract · Marsh Ltd
- Signed
- 16 Aug 2023
- Value
- £500,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids · 2 electronic · 1 from abroad | 0 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Northern Ireland WaterReview body
Bidders & participating suppliers
1 commercial party on the notice- MARSH LTDAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.