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Official procurement procedure

HBC 0524 Provision of insurance

Engineering insurance services
General liability insurance services
Insurance services
+3 more
Published value
£2,200,000
Submission deadline 13 Jun 2024, 12:00 BST
Lots published5
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Hertsmere Borough Council: "HBC 0524 Provision of insurance". Published status: active. Published value: £2,200,000. 5 published lots. Recorded submission deadline: 13 Jun 2024, 12:00 BST. See the official notice for participation instructions.
Contracting AuthorityHertsmere Borough CouncilScope & CategoriesNot publishedSubmission Window
Closed
13 Jun 2024, 12:00 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£2,200,000
Bidder Intelligence · Authority Profile: Hertsmere Borough Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Hertsmere Borough Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
4.3Bids / Report
0% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 3 active published awards; 3 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityHertsmere Borough Council
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published13 May 2024, 17:02 BST
Last source update13 May 2024, 17:02 BST
Recurring procurementYes
ClassificationEngineering insurance services, General liability insurance services, Insurance services, Liability insurance services, Motor vehicle insurance services, Property insurance services
OCIDocds-h6vhtk-04594a
What is being bought
Hertsmere Borough Council is currently out to procurement for insurance cover The Requirement is split into 5 lots, and Tenderers may bid for any number of lots. Lot 1 Liability InsuranceLot 2 Property and group PA insurance Lot 3 Motor Fleet (Refuse) insurance Lot 4 Engineering and inspection insurance Lot 5 Property Owners (elstree film studios) insurance. Lots 1-4 are for a three year term with possible 1+1 year extension. Lot 5 for a one year term This procurement is an open process. Organisations wishing to take part in this project are invited to ‘express an interest’ and also ‘opt in’ which will give access to the full procurement documents in the e-tendering system. To be considered as a Tenderer you must complete and submit a Tender by the deadline of 12 noon on 13th June 2024. Please allow sufficient time to make your return, as Tender submissions cannot be uploaded and submitted after this return deadline. Please ensure that where possible documents are uploaded
What changed
From the official release history
  1. Published value updated to £2,200,000
    13 May 2024, 17:02 BST
  2. Status changed to active
    13 May 2024, 17:02 BST
  3. Official notice release published
    13 May 2024, 17:02 BST
  4. Submission deadline changed to 13 Jun 2024, 12:00 BST
    13 May 2024, 17:02 BST
  5. Buyer information updated
    13 May 2024, 17:02 BST
Lots and requirements (5)
Published by the contracting authority
  • Lot 1 · #1
    Liability insurance
    active
    Published value£800,000
    As detailed in the procurement documents
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 2 · #2
    Property and Group PA insurance
    active
    Published value£420,000
    As detailed in the procurement documents
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 3 · #3
    Moter Fleet (refuse) insurance
    active
    Published value£800,000
    As detailed in the procurement documents
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 4 · #4
    Engineering insurance and inspections service
    active
    Published value£65,000
    As detailed in the procurement documents
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 5 · #5
    Property owners insurance
    active
    Published value£250,000
    As detailed in the procurement documents
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    13 May 2024, 17:02 BST
  2. Submission deadline
    13 Jun 2024, 12:00 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Hertsmere Borough Council

Contracting authority GB-FTS-33720
View buyer profile
Documents (2)
Official links; attachments are not copied
  • economicSelectionCriteria

    tender
    economicSelectionCriteria
  • technicalSelectionCriteria

    tender
    technicalSelectionCriteria
Related procedures (0)
No data
No related procedures published