Find a TenderAwarded
Published 11 Jun 2024, 13:43 BST

Official UK procurement notice

Further Competition Under Insurance Placement DPS 978 for Bedford Borough Council and their appointed Insurance Broker - Marsh

Official notice

Authority: Bedford Borough Council (Local council)

Dynamic market5 lotsServicesRestricted procedure
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 4 Mar 2024
Lots 5see the lot list below

What is being bought5 lots · detail below

Published requirement description

Further Competition Under Insurance Placement DPS 978 for Bedford Borough Council and their appointed Insurance Broker - Marsh

CPV: Financial and insurance services · Insurance services

Lots and requirements (5)Procurement structure

5 lots · no lot values published · same evaluation weights on every lot
Lot #1Property/Material DamageAwarded
Lot #2Commercial PropertyCancelled
Lot #3Combined Liability, Land Charges, Professional Indemntiy, Public Health Act and Fidelity GuaranteeAwarded
Lot #4Motor FleetCancelled
Lot #5Personal Accident & TravelAwarded

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 · same split on all 5 lots
Quality: 40%Price: 60%
Published sub-criteria (4)
  • Policy Cover: 25%
  • Claims: 10%
  • Added Value & Innovation: 5%
  • price: 60%
Published award criteria (4)
  • Policy Cover: 25
  • Claims: 10
  • Added Value & Innovation: 5
  • 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.
  • “Further Competition Under Insurance Placement DPS 978 for Bedford…” is a dynamic market: the contest is a place on its panel, not a single contract.

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

Procedure terms & legal framework

From the official record
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
Dynamic market
Who may use this agreement
Any qualifying supplier may apply while the market is open
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Unspecified in notice
First published
11 Jun 2024, 13:43 BST
Last source update
11 Jun 2024, 13:43 BST
Authority reference
DN707740
FTS notice number
2024/S 000-018000
Classification (CPV)
Financial and insurance servicesInsurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-046f02 Find a Tender

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 4admitted to the panel · see the list ↓
Bids received 6
Contracts signed 4latest 4 Mar 2024

4 suppliers are admitted to this dynamic market without individual award values or dates, see the supplier list below.

Contracts

  • Protector Insurance

    Signed
    4 Mar 2024
    Value
    £4,856,006
    Status
    active
  • Travelers Insurance Company Limited

    Signed
    4 Mar 2024
    Value
    £2,652,151
    Status
    active
  • Zurich Municipal

    Signed
    4 Mar 2024
    Value
    £1,940,730
    Status
    active
  • Maven Public Sector

    Signed
    4 Mar 2024
    Value
    £15,693
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · Property/Material Damage6bids———
3 · Combined Liability, Land Charges, Professional Indemntiy, Public Health Act and Fidelity Guarantee6bids———
5 · Personal Accident & Travel6bids———
Whole notice6bids———

Contracting authority & participating public bodies

Bedford Borough Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Borough Hall, Cauldwell Street, UK, MK42 9APContact name, email, phone

Dispute resolution & review bodies

  • High Court of England & WalesReview body London

Suppliers admitted to the dynamic market

4 commercial parties on the notice
  • Maven Public SectorAdmitted to the market The Leadenhall Building, 122 Leadenhall Street, London, UK, EC3V 4ANContact email, phone
  • Protector InsuranceAdmitted to the market 7th Floor, 3 Hardman Street, Manchester, UK, M3 3HFContact email, phone
  • Travelers Insurance Company LimitedAdmitted to the market 23-27 Alie Stree, London, UK, E1 8DSContact email, phone
  • Zurich MunicipalAdmitted to the market The Zurich Centre, 3000 Parkway, Whiteley, Fareham, Hampshire, UK, PO15 7JZContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.