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Published 13 Apr 2021, 15:22 BST

Official UK procurement notice

Further Competition under Insurance Placement DPS 978 for Mansfield District Council and their appointed Insurance Broker - Marsh

Official notice

Authority: Mansfield District Council (Local council)

Dynamic market3 lotsServicesRestricted procedure
Sectors: Financial and insurance services (66) Delivery: UK
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 8 Mar 2021
Lots 3see the lot list below

What is being bought3 lots · detail below

Published requirement description

The Contracting Authority are approaching the end of their existing Long Term Agreements with

insurers for Material Damage, Casualty, Crime and Motor in line with Public Procurement

legislation, they are tendering their insurance portfolio in time for renewal on 1st April 2021.

CPV: Financial and insurance services · Insurance services

Lots and requirements (3)Procurement structure

3 lots · no lot values published · same evaluation weights on every lot
Shared scope across all lots

Applies to lots 1, 2, 3.

Further Competition under Insurance Placement DPS 978 for Mansfield District Council and their appointed Insurance Broker - Marsh

Lot #1PropertyAwarded
Delivery: UK
Extensions: The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend annually for up to a further 2 years plus 2 years (24 + 24 months), subject to satisfactory performance as reviewed on a year by year basis.
66000000 Financial and insurance services
Lot #2CasualtyAwarded
Delivery: UK
Extensions: The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend annually for up to a further 2 years plus 2 years (24 + 24 months), subject to satisfactory performance as reviewed on a year by year basis.
66000000 Financial and insurance services
Lot #3MotorAwarded
Delivery: UK
Extensions: The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend annually for up to a further 2 years plus 2 years (24 + 24 months), subject to satisfactory performance as reviewed on a year by year basis.
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 · same split on all 3 lots
Quality: 40%Price: 60%
Published award criteria (2)
  • Quality: 40
  • 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 Mansfield…” 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
13 Apr 2021, 15:22 BST
Last source update
13 Apr 2021, 15:22 BST
Authority reference
DN517950
FTS notice number
2021/S 000-007727
Classification (CPV)
Financial and insurance servicesInsurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-02a5a0 Find a Tender

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 2admitted to the panel · see the list ↓
Bids received 5busiest of 3 lots
Contracts signed 3latest 8 Mar 2021

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

Contracts

  • Property

    Signed
    8 Mar 2021
    Value
    £147,000
    Status
    active

  • Casualty

    Signed
    8 Mar 2021
    Value
    £115,000
    Status
    active

  • Motor

    Signed
    8 Mar 2021
    Value
    £128,000
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · Property3bids———
2 · Casualty3bids———
3 · Motor5bids———

Contracting authority & participating public bodies

Mansfield District Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Civic Centre, Chesterfield Road, Mansfield, UK, NG19 7BHContact name, email, phone

Dispute resolution & review bodies

  • The High Court of England and WalesReview body London

Suppliers admitted to the dynamic market

2 commercial parties on the notice
  • Risk Management PartnersAdmitted to the market The Walbrook Building, 25 Walbrook, London, UK, EC3N 8AWContact email, phone
  • Travelers Insurance CompanyAdmitted to the market 23-27 Alie Street, London, UK, E1 8DSContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.