Find a TenderAwarded

Published 11 Oct 2023, 11:55 BST

Official UK procurement notice

Insurance - Corporate Property

Official notice

Authority: Liverpool City Council (Local council)

ServicesRestricted procedure

Sectors: Financial and insurance services (66) Delivery: North West (UKD72)

Awarded value£1,188,135published contract · exc. VAT

Awarded 28 Apr 2023

Awarded to Marsh Ltd

What is being bought

Published requirement description

Corporate property insurance policy.

CPV: Insurance services

The lotProcurement structure

single lot · no lot value published

Lot #1Corporate property insurance policy provided by Risk Management Partners Ltd through…Awarded

Corporate property insurance policy provided by Risk Management Partners Ltd through the council's brokerage service with Marsh. Additional information: The value provided for the contract is estimated for the initial 3 year term.

Delivery: North West

Extensions: Long term agreement in place of 3 years plus a 2 year extension option.

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

Quality: 50%Price: 50%

Published award criteria (2)

Quality: 50
Price: 50

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

Procedure method: Restricted 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: Stand-alone contract (no framework)
Competition type: Competitive procedure
GPA / WTO covered: Unspecified in notice
Recurring procurement: Unspecified in notice
First published: 11 Oct 2023, 11:55 BST
Last source update: 11 Oct 2023, 11:55 BST
Authority reference: DN672426
FTS notice number: 2023/S 000-029944
Classification (CPV): Insurance services
Delivery area: North West (UKD72)
Official registry OCID: ocds-h6vhtk-040afd Find a Tender

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £1,188,1351 contract exc. VAT

Bids received 4

Contracts signed 1latest 28 Apr 2023

Awarded to	Value	Date	Status
Marsh Ltd	£1,188,135 †	—	Awarded

Contracts

Contract 029944-2023-1 · Marsh Ltd
Signed
28 Apr 2023
Value
£1,188,135
Status
active

Bid statistics published by the authority

Lot	Bids	SME	VCSE	Valid bid range
Corporate property insurance policy provided by Risk Management Partners Ltd through…	4bids	—	—	—
Whole notice	—	—	—	£1,188,136 – £1,500,000

Contracting authority & participating public bodies

Liverpool City Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services 4th Floor, Cunard Building, Liverpool, North West, L3 1DSContact name, email, phone

Dispute resolution & review bodies

Royal Court of JusticeReview body London

Bidders & participating suppliers

1 commercial party on the notice

MarshAwarded supplier London, North West, EC3R 5BU

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.