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Published 10 May 2021, 14:01 BST

Official UK procurement notice

Further Competition under Insurance Placement DPS 978 for Qualification Wales and their appointed Insurance Broker - Aon

Official notice

Authority: Qualification Wales

Dynamic market2 lotsServicesRestricted procedure
Sectors: Financial and insurance services (66) Delivery: UK
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 6 May 2021
Lots 2see the lot list below

What is being bought2 lots · detail below

Published requirement description

The Contracting Authority are tendering for insurance services (excluding broking services) under further competition under the YPO Framework – in accordance with the terms of that agreement.

CPV: Financial and insurance services · Insurance services

Lots and requirements (2)Procurement structure

2 lots · no lot values published · same evaluation weights on every lot
Lot #1PropertyCancelled

Further Competition under Insurance Placement DPS 978 for Qualification Wales and their appointed Insurance Broker - Aon

Delivery: UK
Extensions: Quotations are required based on an initial contract period of three years from 18th May 2021 with the option for the Contracting Authority to extend the contract by up to an additional 2 years in periods of one year.
66000000 Financial and insurance services
Lot #2LiabilityCancelled

Further Competition under Insurance Placement DPS 978 for Qualification Wales and their appointed Insurance Broker - Aon

Delivery: UK
Extensions: Quotations are required based on an initial contract period of three years from 18th May 2021 with the option for the Contracting Authority to extend the contract by up to an additional 2 years in periods of one year.
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 2 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…” 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
10 May 2021, 14:01 BST
Last source update
10 May 2021, 14:01 BST
Authority reference
DN522456
FTS notice number
2021/S 000-010118
Classification (CPV)
Financial and insurance servicesInsurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-02aef7 Find a Tender

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 1admitted to the panel · see the list ↓
Bids received 1
Contracts signed 1latest 6 May 2021

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

Contracts

  • Contract 010118-2021-1-1

    Signed
    6 May 2021
    Value
    £30,321
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids———

Contracting authority & participating public bodies

Qualification Wales

Contracting authorityBody governed by public lawGeneral public services Q2 Building, Pencarn Lane, Imperial Park, Newport, UK, NP10 8ARContact name, email, phone

Dispute resolution & review bodies

  • The High Court of England and WalesReview body London

Suppliers admitted to the dynamic market

1 commercial party on the notice
  • Aspen InsuranceAdmitted to the market 30 Fenchurch Street, London, UK, EC3M 3BDContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.