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Published 14 May 2024, 10:05 BST

Official UK procurement notice

Provision of Insurance and related services to Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group

Official notice

Authority: Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group (Housing)

6 lotsServicesCompetitive procedure with negotiationMax 6 lots to bidMax 5 lots per supplier
Sectors: Financial and insurance services (66) Delivery: UK
Published estimate£23,265,000envelope for 6 lots
Submissions closed 13 Jun 2024awarded 4 Nov 2024
Awarded to Arthur J. Gallagher Insurance Brokers Ltd +3 more5 awards
Contract term 3 yrsends 4 Nov 2027 · extension options published · starts 5 Nov 2024

What is being bought6 lots · detail below

Published requirement description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group

  • 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 · Pecuniary loss insurance services · +3 more

Lots and requirements (6)Procurement structure

6 lots · all with a published value (£46,265,000 together) · a supplier may bid for at most 6 and win at most 5 of them
Lot #1Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network GroupAwardedRenewal 3 yrsPublished value£22,500,000

A programme of General (non-life) insurance and related services for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group (Sovereign Network Homes to join the programme from 1 April 2025). 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 Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group.

This Lot excludes: Cyber (See Lot 2), Crime (See Lot 3), Terrorism Pool-Re (See Lot 4), Terrorism Non-Pool Re(See Lot 5), Professional Indemnity (See Lot 6), Alternative Risk Transfer (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-Wemble… ↗

Contract period: 5 Nov 2024 – 4 Nov 2027 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group 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 1 further year (or 1 periods of insurance), with the further option to extend the award period by up another 1 year (or 1 period of insurance), subject to satisfactory service, performance and cost. It should be noted that Sovereign Housing Association Limited T/A Sovereign Network Group will be awarded from 5 November 2024, with Sovereign Network Homes T/A Sovereign Network Group being phased into the programme from 1 April 2025. · Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group 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 1 further year (or 1 periods of insurance), with the further option to extend the award period by up another 1 year (or 1 period of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66513100 Legal expenses insurance services66513200 Contractor's all-risk insurance services66515000 Damage or loss insurance services66515100 Fire insurance services66515200 Property insurance services66515410 Financial loss insurance services
Lot #2Insurance and related services associated with Crime / Fidelity Guarantee risks for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network GroupAwardedRenewal 3 yrsPublished value£140,000

Insurance and related services associated with Crime / Fidelity Guarantee risks for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-Hampsh… ↗

Contract period: 5 Nov 2024 – 4 Nov 2027 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group 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 1 further year (or 1 periods of insurance), with the further option to extend the award period by up another 1 year (or 1 period of insurance), subject to satisfactory service, performance and cost. · Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group 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 1 further year (or 1 periods of insurance), with the further option to extend the award period by up another 1 year (or 1 period of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66000000 Financial and insurance services66510000 Insurance services66515000 Damage or loss insurance services66517300 Risk management insurance services66518000 Insurance brokerage and agency services
Lot #3Insurance and related services associated with Terrorism Risks (Pool Re Basis) for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network GroupCancelledRenewal 3 yrsPublished value£500,000

Insurance and related services associated with Terrorism risks (Pool Re Basis) for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-Hampsh… ↗

Contract period: 5 Nov 2024 – 4 Nov 2027 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group 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 1 further year (or 1 periods of insurance), with the further option to extend the award period by up another 1 year (or 1 period of insurance), subject to satisfactory service, performance and cost. · Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group 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 1 further year (or 1 periods of insurance), with the further option to extend the award period by up another 1 year (or 1 period of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66000000 Financial and insurance services66510000 Insurance services66516000 Liability insurance services66517300 Risk management insurance services66518000 Insurance brokerage and agency services
Lot #4Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network GroupAwardedRenewal 3 yrsPublished value£500,000

Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-Hampsh… ↗

Contract period: 5 Nov 2024 – 4 Nov 2027 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group 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 1 further year (or 1 periods of insurance), with the further option to extend the award period by up another 1 year (or 1 period of insurance), subject to satisfactory service, performance and cost. · Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group 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 1 further year (or 1 periods of insurance), with the further option to extend the award period by up another 1 year (or 1 period of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66510000 Insurance services66516000 Liability insurance services66516500 Professional liability insurance services66517300 Risk management insurance services66518300 Insurance claims adjustment services
Lot #5Insurance and related services associated with Professional Indemnity Insurance for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network GroupAwardedRenewal 3 yrsPublished value£125,000

Insurance and related services associated with Professional Indemnity Insurance for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group. Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/tenders/UK-UK-Hampsh… ↗

Contract period: 5 Nov 2024 – 4 Nov 2027 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group 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 1 further year (or 1 periods of insurance), with the further option to extend the award period by up another 1 year (or 1 period of insurance), subject to satisfactory service, performance and cost. · Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group 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 1 further year (or 1 periods of insurance), with the further option to extend the award period by up another 1 year (or 1 period of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66510000 Insurance services66516000 Liability insurance services66516500 Professional liability insurance services66517300 Risk management insurance services66518300 Insurance claims adjustment services
Lot #6Insurance and related services associated with Alternative Risk Transfer for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network GroupAwardedRenewal 3 yrsPublished value£22,500,000

Insurance and related services associated with Alternative Risk Transfer for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group. Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/tenders/UK-UK-Hampsh… ↗

Contract period: 5 Nov 2024 – 4 Nov 2027 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group 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 1 further year (or 1 periods of insurance), with the further option to extend the award period by up another 1 year (or 1 period of insurance), subject to satisfactory service, performance and cost. · Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group 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 1 further year (or 1 periods of insurance), with the further option to extend the award period by up another 1 year (or 1 period of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66510000 Insurance services66516000 Liability insurance services66516500 Professional liability insurance services66517300 Risk management insurance services66518300 Insurance claims adjustment services

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
Lot distribution rule: Lots 1 - 6 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

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
14 May 2024, 10:05 BST
Last source update
21 Jan 2025, 10:05 GMT
FTS notice number
2025/S 000-001979
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
+5 moreLiability insurance servicesPecuniary loss insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-045965 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: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. Bidders should note that for reasons of confidentiality, full Tender information will be made available only to those bidders that are selected to proceed to the ITT Stage. Sufficient detail is provided within this Notice, the SQ and via the Authority's e-procurement portal to enable the Bidder to decide whether or not to participate in this process. At the ITT stage, all respondents will be required to detail your proposed insurance wordings and provide details of relevant experience of all account servicing, claims handling and risk management staff. To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=911237429 GO Reference: GO-2025121-PRO-29185407

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
13 Jun 2024, 17:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

www.delta-esourcing.com/tenders/UK-UK-Wemble… ↗

Timeline

13 Jun 2024 → 21 Jan 2025 · 5 dates
  1. Submission deadline
    13 Jun 2024, 17:00 BST
  2. Invitations to tender expected
    21 Jun 2024, 00:00 BST
  3. Bids must remain valid until
    4 Nov 2024, 23:59 GMT
  4. Contract starts
    5 Nov 2024
  5. Notice published
    21 Jan 2025, 10:05 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    21 Jan 2025, 10:05 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 6
Awarded value £56,460,0005 contracts exc. VAT
Bids received 13
Contracts signed 5latest 4 Nov 2024
Awarded toValueDateStatus
Lot 1 · Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group1 award
Arthur J. Gallagher Insurance Brokers LtdInsurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Sovereign Network Group——Awarded
Lot 2 · Insurance and related services associated with Crime / Fidelity Guarantee risks for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group1 award
Weald LtdInsurance and related services associated with Crime for Sovereign Network Group——Awarded
Lot 4 · Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group1 award
Weald Ltd——Awarded
Lot 5 · Insurance and related services associated with Professional Indemnity Insurance for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group1 award
Jensten Insurance BrokersInsurance and related services associated with Professional Indemnity Insurance for Sovereign Housing Association——Awarded
Lot 6 · Insurance and related services associated with Alternative Risk Transfer for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group1 award
ZurichInsurance and related services associated with Alternative Risk Transfer for Sovereign Housing Association——Awarded

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 Sovereign Network Group · Arthur J. Gallagher Insurance Brokers Ltd

    Signed
    4 Nov 2024
    Value
    £43,500,000
    Period
    … – 4 Nov 2027
    Status
    active

  • Insurance and related services associated with Crime for Sovereign Network Group · Weald Ltd

    Signed
    4 Nov 2024
    Value
    £120,000
    Period
    … – 4 Nov 2027
    Status
    active

  • Contract 001979-2025-4-4 · Weald Ltd

    Signed
    4 Nov 2024
    Value
    £660,000
    Period
    … – 4 Nov 2027
    Status
    active

  • Insurance and related services associated with Professional Indemnity Insurance for Sovereign Housing Association · Jensten Insurance Brokers

    Signed
    4 Nov 2024
    Value
    £180,000
    Period
    … – 4 Nov 2027
    Status
    active

  • Insurance and related services associated with Alternative Risk Transfer for Sovereign Housing Association · Zurich

    Signed
    4 Nov 2024
    Value
    £12,000,000
    Period
    … – 4 Nov 2027
    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 Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group2bids———
2 · Insurance and related services associated with Crime / Fidelity Guarantee risks for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group4bids———
4 · Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group3bids———
5 · Insurance and related services associated with Professional Indemnity Insurance for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group3bids———
6 · Insurance and related services associated with Alternative Risk Transfer for Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group1bids———

Contracting authority & participating public bodies

Sovereign Housing Association Limited T/A Sovereign Network Group & Sovereign Network Homes T/A Sovereign Network Group

Contracting authorityHousingBody governed by public lawHousing and community amenities Sovereign House, Basing View, Hampshire, UK, RG21 4FAContact 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

4 commercial parties on the notice
  • Arthur J. Gallagher Insurance Brokers LtdAwarded supplierSC108909 55 Blythswood Street, Spectrum Building, 7th Floor, Glasgow, UK, G2 7AT
  • Jensten Insurance Brokers LtdAwarded supplier08284692 The Old Court House, 191 High Street, South Woodford, UK, E18 2QF
  • Weald LtdAwarded supplier10921692 2 Minster Court, Mincing Lane, London, UK, EC3R 7PD
  • ZurichAwarded supplier15744014 The Zurich Centre, 3000 Parkway, Whiteley, Fareham, UK, PO15 7JZ

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.