Official UK procurement notice
Insurance Services (excluding insurance broking services)
Authority: Castle Point Borough Council (Local council)
What is being bought6 lots · detail below
Published requirement descriptionProvision of Insurance Services (excluding the provision of insurance broking services).
Castle Point Borough Council is looking for tender responses based upon a Long Term Agreement of 5 years with the option to extend by a further 2 years.
- Recurrence: Year 4 or 6 depending on whether the extension period is utilised.
CPV: Accident insurance services · Contractor's all-risk insurance services · Damage or loss insurance services · Engineering insurance services · Financial loss insurance services · Fire insurance services · General liability insurance services · Insurance related to Transport · Insurance services · Liability insurance services · Motor vehicle insurance services · Motor vehicle liability insurance services · +5 more
Lots and requirements (6)Procurement structure
6 lots · no lot values published · a supplier may bid for at most 6 and win at most 6 of themLot #1Property/Material Damage Insurance (excluding broker services)AwardedRenewal
Property/Material Damage Insurance (excluding broker services) Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/respond/QG2FNXB5SW ↗
Lot #2Combined Liability and Crime/Fidelity Guarantee Insurance (excluding Broker Services)AwardedRenewal
Combined Liability and Crime/Fidelity Guarantee Insurance (excluding Broker Services)
Lot #3Motor Fleet Insurance (excluding Broker Services)AwardedRenewal
Motor Fleet Insurance (excluding Broker Services)
Lot #4Property / Material Damage Insurance, Combined Liability, Crime/Fidelity Guarantee and Motor Fleet Insurance (excluding Broker Services)CancelledRenewal
Property / Material Damage Insurance, Combined Liability, Crime/Fidelity Guarantee and Motor Fleet Insurance (excluding Broker Services)
Lot #5Group Personal Accident Insurance (excluding Broker services)AwardedRenewal
Group Personal Accident Insurance (excluding Broker services)
Lot #6Engineering Inspection and Insurance (excluding broker services)AwardedRenewal
Engineering Inspection and Insurance (excluding broker services)
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).
- Economic & financial standing
Insurers will be authorised to write the classes of insurance listed within the UK subject to English/Welsh Law and jurisdiction of the English/Welsh courts. Potential suppliers may be asked to produce a certificate issued by the appropriate insurance regulatory authority indicating the types of insurance the insurer is authorised to provide and must comply with Departments of Trade and Industry Regulations. Potential suppliers may be asked to produce a copy of their annual reports and accounts for the last 3 years, name and address of bankers, details of last 3 years of underwriting experience for the classes of business referred to in this notice.
And as stated in the procurement documents
Minimum: Insurers must be at least “A-” rated by Standard and Poor's (or equivalent rating agency) and/or approved by the Marsh Market Security Committee. - Technical & professional ability
Insurers will be insurance companies authorised to write classes of insurance listed within the UK subject to English/Welsh Law and the Jurisdiction of the English/Welsh courts. The service will be regulated by the provisions of the Insurance Act 1982 and any modification thereof.
Procedure terms & legal framework
From the official record · publisher note attached- 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
- Unspecified in notice
- Recurring procurement
- Yes · Year 4 or 6 depending on whether the extension period is utilised.
- First published
- 10 Nov 2021, 14:15 GMT
- Last source update
- 6 Apr 2022, 14:05 BST
- Award evaluation window
- 22 Dec 2021 – …
- FTS notice number
2022/S 000-009258- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02f561Find a Tender
Publisher note: The tender is being managed by Marsh, the Contracting Authority's retained Insurance Broker and Risk Advisor To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=681830554 GO Reference: GO-202246-PRO-19923049
How it was run
Official notice- Submission deadline
- 22 Dec 2021, 12:00 GMT
- Submission channel
- {"written"}
- Accepted languages
- en
- Bids opened
- 22 Dec 2021, 12:00 GMT
Timeline
22 Dec 2021 → 6 Apr 2022 · 5 dates- Submission deadline22 Dec 2021, 12:00 GMT
- Bids opened22 Dec 2021, 12:00 GMT
- Contract starts1 Apr 2022, 00:00 BST
- Bids must remain valid until1 Apr 2022, 23:59 BST
- Notice published6 Apr 2022, 14:05 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete6 Apr 2022, 14:05 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lot 1 · Property/Material Damage Insurance (excluding broker services)1 award | |||
| PROTECTOR INSURANCE (UK)Property Insurance | — | — | Awarded |
| Lot 2 · Combined Liability and Crime/Fidelity Guarantee Insurance (excluding Broker Services)1 award | |||
| Travelers Insurance Company LimitedCombined Liability & Crime | — | — | Awarded |
| Lot 3 · Motor Fleet Insurance (excluding Broker Services)1 award | |||
| Travelers Insurance Company LimitedMotor Fleet | — | — | Awarded |
| Lot 5 · Group Personal Accident Insurance (excluding Broker services)1 award | |||
| Zurich insurance groupGroup Personal Accident | — | — | Awarded |
| Lot 6 · Engineering Inspection and Insurance (excluding broker services)1 award | |||
| Allianz Engineering Inspection Services LimitedEngineering | — | — | Awarded |
1 further award records carry no date or value.
Contracts
Property Insurance · PROTECTOR INSURANCE (UK)
- Signed
- 25 Mar 2022
- Value
- £1,397,921
- Period
- … – 31 Mar 2029
- Status
- active
Combined Liability & Crime · Travelers Insurance Company Limited
- Signed
- 25 Mar 2022
- Value
- £1,036,570
- Period
- … – 31 Mar 2029
- Status
- active
Motor Fleet · Travelers Insurance Company Limited
- Signed
- 25 Mar 2022
- Value
- £355,447
- Period
- … – 31 Mar 2029
- Status
- active
Group Personal Accident · Zurich insurance group
- Signed
- 25 Mar 2022
- Value
- £10,174
- Period
- … – 31 Mar 2029
- Status
- active
Engineering · Allianz Engineering Inspection Services Limited
- Signed
- 25 Mar 2022
- Value
- £81,844
- Period
- … – 31 Mar 2029
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · Property/Material Damage Insurance (excluding broker services) | 2bids · 2 electronic | 0 | — | — |
| 2 · Combined Liability and Crime/Fidelity Guarantee Insurance (excluding Broker Services) | 4bids · 4 electronic | 0 | — | — |
| 3 · Motor Fleet Insurance (excluding Broker Services) | 4bids · 4 electronic | 0 | — | — |
| 5 · Group Personal Accident Insurance (excluding Broker services) | 1bids · 1 electronic | 0 | — | — |
| 6 · Engineering Inspection and Insurance (excluding broker services) | 3bids · 3 electronic | 0 | — | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
5 commercial parties on the notice- Allianz Engineering Inspection Services LimitedAwarded supplier
- Protector InsuranceAwarded supplier
- Travelers Insurance Company InsuranceAwarded supplier
- Travelers Insurance Company LimitedAwarded supplier
- Zurich Insurance plcAwarded supplier
Official documents & specifications (1)
Official links; attachments are not copiedTender pack and attachments
- Technical selection criteria