TenderlineUK
Procurement Intelligence
Search
Find a TenderAwarded
Published 3 Apr 2023, 09:51 BST

Official UK procurement notice

Further Competition Under Insurance Placement DPS 978 for The Royal Borough of Kingston upon Thames and their appointed Insurance Broker - Marsh

Official notice

Authority: Kingston Council (Local council)

Dynamic marketServicesOpen procedure
Sectors: Financial and insurance services (66) Delivery: UK
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 22 Mar 2023

What is being bought

Published requirement description

The Contracting Authority is tendering their Right to Buy (RTB) Leasehold Buildings Insurance in

line with public procurement legislation in time for renewal on 1 April 2023.

The insurance policy seeks to cover private dwellings sold on a leasehold basis, the majority of

which were sold under the RTB legislation. The dwellings are flats in blocks, flats in houses

(maisonettes) and houses where the Contracting Authority still retains the freehold ownership

(including those referred to as mortgaged properties). In these situations the leases state that the

Contracting Authority, as the Freeholder, will arrange the buildings insurance on behalf of the

Leaseholder and recharge the cost to do so. Where units in some blocks have not been sold

(Council tenanted) they are separately covered and so insurance cover for these units is not

required.

CPV: Insurance services

The lotProcurement structure

single lot · no lot value published
Lot #1Further Competition Under Insurance Placement DPS 978 for The Royal Borough of…Awarded

Further Competition Under Insurance Placement DPS 978 for The Royal Borough of Kingston upon Thames and their appointed Insurance Broker - Marsh

Delivery: UK

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: 30%Price: 60%Social value: 10%
Published sub-criteria (4)
  • Claims Handling: 15%
  • Policy Cover: 15%
  • price: 60%
  • Social Value: 10%
Published award criteria (4)
  • Claims Handling: 15
  • Policy Cover: 15
  • Social Value: 10
  • 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 The Royal…” 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
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
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
3 Apr 2023, 09:51 BST
Last source update
3 Apr 2023, 09:51 BST
Authority reference
DN644107
FTS notice number
2023/S 000-009596
Classification (CPV)
Insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-03b80e 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 22 Mar 2023

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

Contracts

  • Protector Insurance

    Signed
    22 Mar 2023
    Value
    £2,246,035
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids———

Contracting authority & participating public bodies

Kingston Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services c/o St Nicholas Way, Sutton, UK, SM1 1EAContact name, email, phone

Dispute resolution & review bodies

  • High Court of England and WalesReview body LondonContact email

Suppliers admitted to the dynamic market

1 commercial party on the notice
  • Protector InsuranceAdmitted to the market 7th Floor, 3 Hardman Street, Manchester, UK, M3 3HFContact email

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.