Find a TenderAwarded
Published 16 May 2023, 14:05 BST

Official UK procurement notice

Provision of Insurance and related services to Raven Housing Trust Limited

Official notice

Authority: Raven Housing Trust (Housing)

7 lotsServicesCompetitive procedure with negotiationMax 7 lots to bidMax 6 lots per supplier
Published estimate£890,000envelope for 7 lots
Submissions closed 16 Jun 2023awarded 23 Oct 2023
Awarded to Arthur J. Gallagher Insurance Brokers Ltd +3 more6 awards
Contract term 3 yrsends 29 Nov 2026 · extension options published · starts 30 Nov 2023

What is being bought7 lots · detail below

Published requirement description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Raven Housing Trust Limited

  • Recurrence: Between 3 or 5 years from the date of this Notice

CPV: Contractor's all-risk insurance services · Damage or loss insurance services · Engineering insurance services · Financial and insurance services · Financial loss insurance services · Fire insurance services · General liability insurance services · Insurance brokerage and agency services · Insurance claims adjustment services · Insurance services · Legal expenses insurance services · Liability insurance services · +9 more

Lots and requirements (7)Procurement structure

7 lots · all with a published value (£636,550 together) · a supplier may bid for at most 7 and win at most 6 of them · same evaluation weights on every lot
Lot #1Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Raven Housing Trust LimitedAwardedRenewal 3 yrsPublished value£440,800

A programme of General (non-life) insurance and related services for Raven Housing Trust Limited. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and employment practices liability. This list is to be decided at the sole discretion of Raven Housing Trust Limited.

This Lot excludes: Motor (See Lot 2), Engineering (See Lot 3), Cyber (See Lot 4), Terrorism (See Lots 5 & 6), Directors and Officers Liability (See Lot 7) Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-Redhil… ↗

Contract period: 30 Nov 2023 – 29 Nov 2026 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Raven Housing Trust Limited will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · Raven Housing Trust Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
Lot #2Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)AwardedRenewal 3 yrsPublished value£104,670

Insurance and related services for motor vehicle risks (possibly including Motor legal expenses and Occasional business use extensions). Additional information: As stated in the Tender documentation.

For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-Redhil… ↗

Contract period: 30 Nov 2023 – 29 Nov 2026 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Raven Housing Trust Limited will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · Raven Housing Trust Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
Lot #3Insurance and related services associated with items of Engineering plant and a programme of Engineering inspectionsAwardedRenewal 3 yrsPublished value£7,000

Engineering Insurance and an associated programme of inspections for statutory and other items of engineering plant and equipment. The Contracting Authority may require that LOLER Certification is planned 5 monthly, which will allow the Association one month to re-book appointments where access has not been gained. In addition, the Contracting Authority requires that the delivery of LOLER visits is done in line with its 'No access process', this includes evidenced appointments and records of any appointment failures. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-Redhil… ↗

Contract period: 30 Nov 2023 – 29 Nov 2026 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Raven Housing Trust Limited will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · Raven Housing Trust Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
Lot #4Insurance and related services associated with Cyber risks for Raven Housing Trust LimitedAwardedRenewal 3 yrsPublished value£17,000

Insurance and related services associated with Cyber risks for Raven Housing Trust Limited. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-Redhil… ↗

Contract period: 30 Nov 2023 – 29 Nov 2026 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Raven Housing Trust Limited will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · Raven Housing Trust Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
Lot #5Insurance and related services associated with Terrorism Risks (Pool Re Basis) for Raven Housing Trust LimitedCancelledRenewal 3 yrsPublished value£24,600

Insurance and related services associated with Terrorism risks (Pool Re Basis) for Raven Housing Trust Limited. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-Redhil… ↗

Contract period: 30 Nov 2023 – 29 Nov 2026 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Raven Housing Trust Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · Raven Housing Trust Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
Lot #6Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Raven Housing Trust LimitedAwardedRenewal 3 yrsPublished value£24,650

Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Raven Housing Trust Limited. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-Redhil… ↗

Contract period: 30 Nov 2023 – 29 Nov 2026 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Raven Housing Trust Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · Raven Housing Trust Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
Lot #7Insurance and related services associated with Directors and Officers' LiabilityAwardedRenewal 3 yrsPublished value£17,830

Insurance and related services associated with Directors and Officers' Liability risks for Raven Housing Trust Limited. Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/tenders/UK-UK-Redhil… ↗

Contract period: 30 Nov 2023 – 29 Nov 2026 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Raven Housing Trust Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · Raven Housing Trust Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed

What it takes to win
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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: 50%Price: 50%
Published sub-criteria (2)
  • Criterion 1: 50%
  • Criterion 1: 50%
Published award criteria (1)
  • Price
Lot distribution rule: Lots 1- 7 will be individually evaluated and multiple awards may result. Where the respondee is an insurance Broker, it may choose to place the insurance(s) required within each Lot with different insurers at it's discretion, but full details of the risk carrier(s) will be required.
Conditions of participation4
  • Suitability

    Potential suppliers will be required to provide an overview of relevant services provided to property owners, property developers, public sector organisations, social landlords or other similar organisations over the past 5 years, plus details of three clients currently receiving similar services. Potential suppliers will be asked to evidence permissions by the FCA, PRA or other appropriate regulatory authority indicating the types of insurance/service the bidder is authorised to arrange or provide.

  • Economic & financial standing

    The tender documents will require providers to produce financial information in relation to the type of services offered, including but not limited to 3 years reports and accounts.

    Minimum: The financial ability to deliver the programme, including Insurers with a minimum rating of ‘BBB’ from standard and poor, ‘B++’ from A M best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. In t…
  • Technical & professional ability

    The tender documents will require providers to detail their relevant professional experience, resource,skills,qualifications and quality control practices.

  • Technical & professional ability

    For Insurance services, Insurers authorised under the Financial services and Markets Act 2000, Insurance Companies Act 1982 (and any other statutory modifications there of) and regulated by the Prudential regulation authority, UK Financial conduct authority, or equivalent in another member state of the European economic area. Insurance brokers registered with and regulated by the Financial conduct authority.

Staff
Names and qualifications of delivery staff must be submitted
What this means for your bid
  • Price carries 50 of 100 points: a 10% discount moves about 5 points. This one is won on the number: sharpen the price before polishing the prose.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Competitive procedure with negotiation
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
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Yes · Between 3 or 5 years from the date of this Notice
First published
16 May 2023, 14:05 BST
Last source update
23 Jan 2024, 16:07 GMT
FTS notice number
2024/S 000-002309
Classification (CPV)
Contractor's all-risk insurance servicesDamage or loss insurance servicesEngineering insurance servicesFinancial and insurance servicesFinancial loss insurance servicesFire insurance servicesGeneral liability insurance servicesInsurance brokerage and agency servicesInsurance claims adjustment servicesInsurance services
+11 moreLegal expenses insurance servicesLiability insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-03c922 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic payment
Review and risk notes
Review procedure

The Contracting Authority entered into this contract following a 10 calendar day standstill period starting on the day after the notification of the result. The Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or who are at risk of harm by a breach of the Regulations to bring proceedings in the High Court. Any such proceedings must be brought within the limitation period specified by the Regulations according to the remedy sought.

Publisher note: To view this notice, please click here: <a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=837454750" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=837454750</a> GO Reference: GO-2024123-PRO-25022187

How it was run

Official notice
Run through: Delta eSourcing · Who buys & how to bid on Delta
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free Select account; no DUNS asked at signup
Submission deadline
16 Jun 2023, 17:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

16 Jun 2023 → 23 Jan 2024 · 5 dates
  1. Submission deadline
    16 Jun 2023, 17:00 BST
  2. Invitations to tender expected
    27 Jun 2023, 00:00 BST
  3. Bids must remain valid until
    29 Nov 2023, 23:59 GMT
  4. Contract starts
    30 Nov 2023
  5. Notice published
    23 Jan 2024, 16:07 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    23 Jan 2024, 16:07 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 7
Bids received 19
Contracts signed 6latest 23 Oct 2023

1 further award records carry no date or value.

Contracts

  • Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Raven Housing Trust · Arthur J. Gallagher Insurance Brokers Ltd

    Signed
    23 Oct 2023
    Value
    —
    Period
    … – 29 Nov 2026
    Status
    active
  • Insurance and related services for Motor vehicle risks · Arthur J. Gallagher Insurance Brokers Ltd

    Signed
    23 Oct 2023
    Value
    —
    Period
    … – 29 Nov 2026
    Status
    active
  • Insurance and related services associated with items of Engineering plant and a programme of Engineering inspections · British Engineering Services Limited

    Signed
    23 Oct 2023
    Value
    —
    Period
    … – 29 Nov 2026
    Status
    active
  • Insurance and related services associated with Cyber risks for Raven Housing Trust · J M Glendinning

    Signed
    23 Oct 2023
    Value
    —
    Period
    … – 29 Nov 2026
    Status
    active
  • Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Raven Housing Trust Limited · Arthur J. Gallagher Insurance Brokers Ltd

    Signed
    23 Oct 2023
    Value
    —
    Period
    … – 29 Nov 2026
    Status
    active
  • Insurance and related services associated with Directors and Officers' Liability · Marsh Ltd

    Signed
    23 Oct 2023
    Value
    —
    Period
    … – 29 Nov 2026
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Raven Housing Trust Limited4bids · 4 electronic——£10,230,000 – £11,400,000
2 · Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)4bids · 4 electronic——£300,000 – £540,000
3 · Insurance and related services associated with items of Engineering plant and a programme of Engineering inspections3bids · 3 electronic——£5,000 – £7,000
4 · Insurance and related services associated with Cyber risks for Raven Housing Trust Limited2bids · 2 electronic——£54,000 – £96,000
6 · Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Raven Housing Trust Limited3bids · 3 electronic——£51,000 – £198,000
7 · Insurance and related services associated with Directors and Officers' Liability3bids · 3 electronic——£21,000 – £67,500

Contracting authority & participating public bodies

Raven Housing Trust Limited

Contracting authorityHousingBody governed by public lawHousing and community amenities Raven House, 29 Linkfield Lane, Redhill, UK, RH1 1SSContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • The Cabinet OfficeReview contact point LondonContact phone
  • The High Court of England and WalesReview body LondonContact phone

Bidders & participating suppliers

5 commercial parties on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.