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Published 31 Aug 2022, 14:00 BST

Official UK procurement notice

Further Competition under Insurance Placement DPS 978 for Hertfordshire County Council and their appointed Insurance Broker - A.J. Gallagher

Official notice

Authority: Hertfordshire County Council (Local council)

Dynamic market7 lotsServicesRestricted procedure
Sectors: Financial and insurance services (66) Delivery: UK
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 1 Aug 2022
Lots 7see the lot list below

What is being bought7 lots · detail below

Published requirement description

The Council (referred to therein as the Customer) is utilising the YPO Insurance Placement (DPS000978). The successful Tenderer will be required to enter into a Call-Off Contract with the Customer under the terms set out in the Framework Agreement and the Call-Off.

CPV: Financial and insurance services · Insurance services

Lots and requirements (7)Procurement structure

7 lots · no lot values published · evaluation weights differ by lot
Shared scope across 6 of 7 lots

Applies to lots 1, 2, 3, 4, 5, 6.

Further Competition under Insurance Placement DPS 978 for Hertfordshire County Council and their appointed Insurance Broker - A.J. Gallagher

Lot #1Property (Property Damage & Business Interruption)Awarded
Delivery: UK
Extensions: The Customer shall award a Call-Off Contract for a period of three (3) years with the option to extend for a further two (2) years.
66000000 Financial and insurance services
Lot #2Contract WorksCancelled
Delivery: UK
Extensions: The Customer shall award a Call-Off Contract for a period of three (3) years with the option to extend for a further two (2) years.
66000000 Financial and insurance services
Lot #3ComputersCancelled
Delivery: UK
Extensions: The Customer shall award a Call-Off Contract for a period of three (3) years with the option to extend for a further two (2) years.
66000000 Financial and insurance services
Lot #4Fidelity GuaranteeCancelled
Delivery: UK
Extensions: The Customer shall award a Call-Off Contract for a period of three (3) years with the option to extend for a further two (2) years.
66000000 Financial and insurance services
Lot #5Motor FleetCancelled
Delivery: UK
Extensions: The Customer shall award a Call-Off Contract for a period of three (3) years with the option to extend for a further two (2) years.
66000000 Financial and insurance services
Lot #6Personal Accident & Travel (Group Personal accident & Travel and School Journeys/Off-Site Activities)Cancelled
Delivery: UK
Extensions: The Customer shall award a Call-Off Contract for a period of three (3) years with the option to extend for a further two (2) years.
66000000 Financial and insurance services
Lot #7Engineering InspectionCancelled

Further Competition under Insurance Placement DPS 978 for Hertfordshire County Council and their appointed Insurance Broker - A.J. Gallagher. Additional information: The contract value of £5,697,705.00 is estimated based on the 5 year contract (LTA).

Delivery: UK
Extensions: The Customer shall award a Call-Off Contract for a period of three (3) years with the option to extend for a further two (2) years.
66000000 Financial and insurance services

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

Lots publish different evaluation splits; there is no single procedure weighting.

LotQualityPriceSplit
1 · Property (Property Damage & Business Interruption)40%60%
2 · Contract Works40%60%
3 · Computers40%60%
4 · Fidelity Guarantee30%70%
5 · Motor Fleet35%65%
6 · Personal Accident & Travel (Group Personal accident & Travel and School Journeys/Off-Site Activities)40%60%
7 · Engineering Inspection40%60%
What this means for your bid
  • Price carries 60–70 points depending on the lot; most lots put it at 60 points.
  • “Further Competition under Insurance Placement DPS 978 for…” 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
31 Aug 2022, 14:00 BST
Last source update
31 Aug 2022, 14:00 BST
Authority reference
DN610044
FTS notice number
2022/S 000-024310
Classification (CPV)
Financial and insurance servicesInsurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-036475 Find a Tender

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 3admitted to the panel · see the list ↓
Bids received 6
Contracts signed 3latest 1 Aug 2022

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

Contracts

  • Contract 024310-2022-1-1

    Signed
    1 Aug 2022
    Value
    £3,616,575
    Status
    active

  • Contract 024310-2022-2-2

    Signed
    1 Aug 2022
    Value
    £659,070
    Status
    active

  • Contract 024310-2022-3-3

    Signed
    1 Aug 2022
    Value
    £1,422,060
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · Property (Property Damage & Business Interruption)6bids———
Whole notice6bids———

Contracting authority & participating public bodies

Hertfordshire County Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services County Hall, Pegs Lane, Hertford, Hertfordshire, UK, SG13 8DEContact name, email

Dispute resolution & review bodies

  • The High Court of England and WalesReview body London

Suppliers admitted to the dynamic market

3 commercial parties on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.