Find a TenderAwarded
Published 25 Jun 2024, 13:50 BST

Official UK procurement notice

DoF - Collaborative Arrangement for the Provision of Insurance Brokerage Services for NI Public Sector Fleet (ID 5138934)

Official notice

Authority: Department of Finance (Central government)

ServicesOpen procedureSME suitable
Published estimate£44,000,000exc. VAT1% below published estimate
Submissions closed 21 Aug 2024awarded 4 Oct 2024
Awarded to Abbey Bond Lovis Limited

What is being bought

Published requirement description

This contract is for the provision of Insurance Brokerage Services for the Northern Ireland Public Services Fleet.

  • Recurrence: Upon expiry of the contract

CPV: Insurance brokerage services · Insurance services

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewalPublished value£44,000,000
Extensions: Due for renewal upon contract expiryVariant bids: not allowed

What it takes to win
i

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: 50%Price: 50%
Published sub-criteria (2)
  • Qualitative Criteria: 50%
  • Quantitative Criteria: 50%
Published award criteria (2)
  • Qualitative Criteria: 50
  • Quantitative Criteria: 50
What this means for your bid
  • Price carries 50 of 100 points: a 10% discount moves about 5 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
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
Yes (GPA)
Recurring procurement
Yes · Upon expiry of the contract
First published
25 Jun 2024, 13:50 BST
Last source update
10 Oct 2024, 13:26 BST
Award evaluation window
21 Aug 2024 – …
FTS notice number
2024/S 000-032607
Classification (CPV)
Insurance brokerage servicesInsurance services
Delivery area
Northern Ireland (UKN)
Official registry OCID
ocds-h6vhtk-047279 Find a Tender
Review and risk notes
Review procedure

CPD comply with the Public Contracts Regulations 2015. This notification provides full information on the award decision.

How it was run

Official notice
Submission deadline
21 Aug 2024, 15:00 BST
Submission channel
{"written"}
Accepted languages
en
Bids opened
21 Aug 2024, 15:30 BST

Timeline

21 Aug 2024 → 19 Nov 2024 · 4 dates
  1. Submission deadline
    21 Aug 2024, 15:00 BST
  2. Bids opened
    21 Aug 2024, 15:30 BST
  3. Notice published
    10 Oct 2024, 13:26 BST
  4. Bids must remain valid until
    19 Nov 2024, 23:59 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    10 Oct 2024, 13:26 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £43,570,0001 contract exc. VAT
Bids received 11 from SMEs
Contracts signed 1latest 4 Oct 2024
Awarded toValueDateStatus
Abbey Bond Lovis LimitedContract£43,570,000 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids · 1 electronic · 1 from abroad1——

Contracting authority & participating public bodies

Department of Finance

Contracting authorityCentral GovernmentBody governed by public lawGeneral public services 303 Airport Road West, BELFAST, UK, BT3 9EDContact name, email Published organisation website ↗

Dispute resolution & review bodies

  • The UK does not have any such bodies with responsibility for review/appeal or mediation procedures.Review body Belfast

Bidders & participating suppliers

1 commercial party on the notice
  • Abbey Bond Lovis LimitedAwarded supplier Jennmount, North Derby Street, Belfast, UK, BT15 3HNContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.