Find a TenderAwarded
Published 18 Apr 2023, 10:25 BST

Official UK procurement notice

Further Competition Under Insurance Placement DPS 98 for Cherwell District Council and their appointed Insurance Broker - Marsh

Official notice

Authority: Cherwell Disctrict Council (Local council)

Dynamic market5 lotsServicesOpen procedure
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 28 Mar 2023
Lots 5see the lot list below

What is being bought5 lots · detail below

Published requirement description

Further Competition Under Insurance Placement DPS 98 for Cherwell District 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 · evaluation weights differ by lot
Lot #1Material DamageCancelled
Lot #2Combined LiabilityCancelled
Lot #3MotorAwarded
Lot #4Engineering Inspection and InsuranceCancelled
Lot #5Fidelity GuaranteeCancelled

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.

What this means for your bid
  • Price carries 60 points on every lot: a 10% discount moves about 6 points.
  • “Further Competition Under Insurance Placement DPS 98 for Cherwell…” 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
18 Apr 2023, 10:25 BST
Last source update
18 Apr 2023, 10:25 BST
Authority reference
DN649411
FTS notice number
2023/S 000-011039
Classification (CPV)
Financial and insurance servicesInsurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-03bf5f 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 5
Contracts signed 2latest 28 Mar 2023

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

Contracts

  • Travelers

    Signed
    28 Mar 2023
    Value
    £451,275
    Status
    active
  • Zurich Municipal

    Signed
    28 Mar 2023
    Value
    £11,806
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
3 · Motor5bids———
Whole notice5bids———

Contracting authority & participating public bodies

Cherwell Disctrict Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Bodicote House, White Post Road, Banbury, UK, OX15 4AAContact name, email, phone

Dispute resolution & review bodies

  • High Court of England and WalesReview body London

Suppliers admitted to the dynamic market

2 commercial parties on the notice
  • Travelers Ins Co LtdAdmitted to the market 23-27 Alie Street, 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.