Find a TenderAwarded
Published 21 Feb 2025, 16:05 GMT

Official UK procurement notice

Provision of Insurance and related services to Torus62 Limited

Official notice

Authority: Torus62 Limited (Public body)

7 lotsServicesCompetitive procedure with negotiationMax 7 lots to bidMax 5 lots per supplier
Published estimate£30,630,000envelope for 7 lots
Submissions closed 14 Apr 2025awarded 27 Nov 2025
Awarded to Arthur J. Gallagher Insurance Brokers Ltd, Jensten Insurance Brokers (London & SE) Limited5 awards
Contract term 3 yrsends 27 Nov 2028 · extension options published · starts 28 Nov 2025

What is being bought7 lots · detail below

Published requirement description

Provision of Insurance and related services to Torus62 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 · 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 · Motor vehicle insurance services · +4 more

Lots and requirements (7)Procurement structure

7 lots · all with a published value (£57,635,000 together) · a supplier may bid for at most 7 and win at most 5 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 Torus62 LimitedAwardedRenewal 3 yrsPublished value£26,650,000

A programme of General (non-life) insurance and related services for Torus62 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 and employment practices liability. This list is to be decided at the sole discretion of Torus62 Limited.

This Lot excludes: Motor (see Lot 2), Cyber (see Lot 3), Terrorism Pool-Re (see Lot 4), Terrorism (Non-Pool Re) (see Lot 5), Directors' & Officers' Liability (see Lot 6) and Alternative Risk Financing (see Lot 7) Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/respond/396R9YB627 ↗

Contract period: 28 Nov 2025 – 27 Nov 2028 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Torus62 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. · Torus62 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: 1–7 candidates invited to tenderVariant bids: not allowed
Lot #2Insurance and related services for Motor Fleet Risks for Torus62 LimitedAwardedRenewal 3 yrsPublished value£3,100,000

Insurance and related services for Motor Fleet Risks for Torus62 Limited. Additional information: For more information about this opportunity, please visit: www.delta-esourcing.com/tenders/UK-UK-Mersey… ↗

Contract period: 28 Nov 2025 – 27 Nov 2028 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Torus62 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. · Torus62 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: 1–7 candidates invited to tenderVariant bids: not allowed
Lot #3Insurance and related services associated with Cyber risks for Torus62 LimitedAwardedRenewal 3 yrsPublished value£325,000

Insurance and related services associated with Cyber Risks for Torus62 Limited. Additional information: For more information about this opportunity, please visit: www.delta-esourcing.com/tenders/UK-UK-Mersey… ↗

Contract period: 28 Nov 2025 – 27 Nov 2028 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Torus62 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. · Torus62 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: 1–7 candidates invited to tenderVariant bids: not allowed
Lot #4Insurance and related services associated with Terrorism (Pool-Re) for Torus62 LimitedCancelledRenewal 3 yrsPublished value£355,000

Insurance and related services associated with Terrorism risks (Pool-Re) for Torus62 Limited.

Please note, Torus62 Limited will award either Lot 4 or Lot 5 at its sole discretion and will not Award both. Additional information: For more information about this opportunity, please visit: www.delta-esourcing.com/tenders/UK-UK-Mersey… ↗

Contract period: 28 Nov 2025 – 27 Nov 2028 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Torus62 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. · Torus62 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: 1–7 candidates invited to tenderVariant bids: not allowed
Lot #5Insurance and related services associated with Terrorism/Political Violence risks (Non Pool-Re) for Torus62 LimitedAwardedRenewal 3 yrsPublished value£355,000

Insurance and related services associated with Terrorism Non Pool-Re/Political Violence for Torus62 Limited

Please note, Torus62 Limited will award either Lot 4 or Lot 5 at its sole discretion and will not Award both. Additional information: For more information about this opportunity, please visit: www.delta-esourcing.com/tenders/UK-UK-Mersey… ↗

Contract period: 28 Nov 2025 – 27 Nov 2028 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Torus62 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. · Torus62 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: 1–7 candidates invited to tenderVariant bids: not allowed
Lot #6Insurance and related services associated with Directors' and Officers' Liability for Torus62 LimitedAwardedRenewal 3 yrsPublished value£200,000

Insurance and related services associated with Directors' and Officers' for Torus62 Limited. Additional information: For more information about this opportunity, please visit: www.delta-esourcing.com/tenders/UK-UK-Mersey… ↗

Contract period: 28 Nov 2025 – 27 Nov 2028 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Torus62 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. · Torus62 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: 1–7 candidates invited to tenderVariant bids: not allowed
Lot #7Insurance and related services by way of a combination of Alternative Risk Financing and traditional Insurance for Torus62 LimitedCancelledRenewal 3 yrsPublished value£26,650,000

Insurance and related services by way of a combination of Alternative Risk Financing and traditional Insurance, as determined by the Bidder.

This Lot is an optional Lot, which can be awarded or not awarded at the sole discretion of Torus62 Limited depending on Torus' requirements for Lot 1.

This Lot excludes: Motor (see Lot 2), Cyber (see Lot 3), Terrorism Pool-Re (see Lot 4), Terrorism (Non-Pool Re) (see Lot 5) and Directors' & Officers' Liability (see Lot 6). Additional information: To respond to this opportunity, please click here: www.delta-esourcing.com/tenders/UK-UK-Mersey… ↗

Contract period: 28 Nov 2025 – 27 Nov 2028 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Torus62 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. · Torus62 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: 1–7 candidates invited to tenderVariant bids: not allowed

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 6 lots
Quality: 40%Price: 60%
Published sub-criteria (2)
  • Quality: 40%
  • Cost: 60%
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. The estimated value of this Notice and each lot includes the cost of the possible 2X12 month extensions
Conditions of participation4
  • Suitability

    Potential suppliers will be required to provide an overview of relevant services provided to property owners, public sector organisations, social landlords or other similar organisations over the past 5 years, plus details of 3 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
Successive reduction
Candidates will be reduced successively across stages
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.

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
21 Feb 2025, 16:05 GMT
Last source update
9 Jan 2026, 16:05 GMT
FTS notice number
2026/S 000-002010
Classification (CPV)
Contractor's all-risk insurance servicesDamage or loss insurance servicesFinancial and insurance servicesFinancial loss insurance servicesFire insurance servicesGeneral liability insurance servicesInsurance brokerage and agency servicesInsurance claims adjustment servicesInsurance servicesLegal expenses insurance services
+6 moreLiability insurance servicesMotor vehicle insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-04e73c Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic payment
Review and risk notes
Review procedure

The Contracting Authority will enter 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: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=1004450129 GO Reference: GO-202619-PRO-34068468

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
14 Apr 2025, 17:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

14 Apr 2025 → 9 Jan 2026 · 5 dates
  1. Submission deadline
    14 Apr 2025, 17:00 BST
  2. Invitations to tender expected
    16 Jun 2025, 00:00 BST
  3. Contract starts321 days ago
    28 Nov 2025
  4. Bids must remain valid until320 days ago
    28 Nov 2025, 23:59 GMT
  5. Notice published279 days ago
    9 Jan 2026, 16:05 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    9 Jan 2026, 16:05 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 7
Bids received 16
Contracts signed 5latest 27 Nov 2025

2 further award records carry no date or value.

Contracts

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 Torus62 Limited2bids · 2 electronic0—£20,000,000 – £23,000,000
2 · Insurance and related services for Motor Fleet Risks for Torus62 Limited3bids · 3 electronic0—£2,800,000 – £2,900,000
3 · Insurance and related services associated with Cyber risks for Torus62 Limited4bids · 4 electronic0—£185,000 – £500,000
5 · Insurance and related services associated with Terrorism/Political Violence risks (Non Pool-Re) for Torus62 Limited3bids · 3 electronic0—£360,000 – £580,000
6 · Insurance and related services associated with Directors' and Officers' Liability for Torus62 Limited4bids · 4 electronic0—£75,000 – £145,000
Whole notice———£14,000,000 – £16,000,000

Contracting authority & participating public bodies

Torus62 Limited

Contracting authorityPublic bodyBody governed by public lawHousing and community amenities 4 Corporation Street, Helena Central, St Helens, Merseyside, UK, WA9 1LDContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

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

Bidders & participating suppliers

2 commercial parties on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.