Official UK procurement notice
Insurance Cover · UK public procurement notice
Authority: Jobs and Business Glasgow
What is being bought5 lots · detail below
Published requirement descriptionJobs & Business Glasgow (JBG) requires the organisation's assets and activities to be adequately covered by insurance provided by reputable and regulated insurers. Any subsidiary company of JBG must also be covered.
- Recurrence: Approximately 3-4 months before the end of this contract (including any applicable extension).
CPV: Damage or loss insurance services · Engineering insurance services · General liability insurance services · Insurance services · Liability insurance services · Professional liability insurance services · Property insurance services
Lots and requirements (5)Procurement structure
5 lots · no lot values published · same evaluation weights on every lotLot #1Property OwnersAwardedRenewal
As stated in the procurement documents. Additional information: Please see the Procurement Documents.
Lot #2Combined LiabilityAwardedRenewal
As stated in the Procurement Documents. Additional information: As stated in the procurement documents.
Lot #3Management LiabilityAwardedRenewal
As stated in the Procurement Documents. Additional information: As stated in the Procurement Documents.
Lot #4Engineering InspectionCancelledRenewal
As stated in the Procurement Documents. Additional information: As stated in the Procurement Documents.
Lot #5Professional IndemnityAwardedRenewal
As stated in the Procurement Documents. Additional information: As stated in the Procurement Documents.
What it takes to wini
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 morei
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).
Published sub-criteria (2)
- As stated in the procurement documents.: 40%
- price: 60%
Published award criteria (2)
- As stated in the procurement documents.: 40
- Price: 60
- Suitability
Submissions in respect of Lots 1, 2, 3 and 5 will only be accepted from insurers regulated by the Financial Conduct Authority (FCA) to underwrite insurance business in the UK.
Submissions in respect of Lot 4 will also be accepted from suppliers who are UKAS accredited to provide the relevant services.
- Economic & financial standing
Credit Rating: Bidders in respect of Lots 1, 2, 3 or 5 must be rated at least “A minus (-)” with Standard & Poor's or equivalent rating with another ratings provider.
Insurance: Bidders must hold, or commit to obtain prior to the commence of any subsequently awarded contract, the types and levels of insurance stated in the Contract Notice.
Minimum: Credit Rating: Rated at least “A minus (-)” with Standard & Poor's or equivalent rating with another ratings provider. Insurance: Employer’s (Compulsory) Liability Insurance = 5,000,000 (five million) GBP; Public Liability Insurance = 10,000,000 (ten million) GBP; and Professiona…
- Staff
- Names and qualifications of delivery staff must be submitted
- 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
- Yes (GPA)
- Recurring procurement
- Yes · Approximately 3-4 months before the end of this contract (including any applicable extension).
- First published
- 23 Jul 2024, 16:12 BST
- Last source update
- 23 Oct 2024, 15:32 BST
- Authority reference
JBG24003- FTS notice number
2024/S 000-034338- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0483cfFind a Tender
- Electronic trading
- e-invoicing allowed · electronic payment
- Performance terms
The Insurer(s) shall be required to enter a tripartite relationship with the Contracting Authority and its Insurance Broker.
Publisher note: (SC Ref:780382)
How it was run
Official notice- Submission deadline
- 23 Aug 2024, 12:00 BST
- Submission channel
- {"written"}
- Accepted languages
- en
James Hallam Limited, Glasgow, United Kingdom. NUTS code: UKM82. [email protected], www.publiccontractsscotland.gov.uk ↗
Timeline
23 Aug 2024 → 23 Oct 2024 · 4 dates- Submission deadline23 Aug 2024, 12:00 BST
- Invitations to tender expected26 Aug 2024, 00:00 BST
- Contract starts1 Oct 2024, 00:00 BST
- Notice published23 Oct 2024, 15:32 BST
Notice history
1 event · 3 releases on Find a Tender- Status changed to complete23 Oct 2024, 14:58 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lot 1 · Property Owners1 award | |||
| AVIVA INSURANCE LIMITED | £32,195 † | — | Awarded |
| Lot 2 · Combined Liability1 award | |||
| Zurich insurance group | £29,376 † | — | Awarded |
| Lot 3 · Management Liability1 award | |||
| AXA Insurance | £8,237 † | — | Awarded |
| Lot 5 · Professional Indemnity1 award | |||
| Arch Insurance | £2,738 † | — | Awarded |
1 further award records carry no date or value.
Contracts
Combined Liability · Zurich insurance group
- Signed
- 30 Sept 2024
- Value
- £29,376
- Period
- … – 30 Sept 2025
- Status
- active
Property Owners · AVIVA INSURANCE LIMITED
- Signed
- 30 Sept 2024
- Value
- £32,195
- Period
- … – 30 Sept 2025
- Status
- active
Management Liability · AXA Insurance
- Signed
- 30 Sept 2024
- Value
- £8,237
- Period
- … – 30 Sept 2025
- Status
- active
Professional Indemnity · Arch Insurance
- Signed
- 30 Sept 2024
- Value
- £2,738
- Period
- … – 30 Sept 2025
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · Property Owners | 4bids · 4 electronic · 4 from abroad | 0 | — | — |
| 2 · Combined Liability | 4bids · 4 electronic · 4 from abroad | 0 | — | — |
| 3 · Management Liability | 3bids · 3 electronic · 3 from abroad | 0 | — | — |
| 5 · Professional Indemnity | 3bids · 3 electronic · 3 from abroad | 0 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Glasgow Sheriff CourtReview body
Process and specification contact points (1)
- James Hallam LimitedProcess contact point
Bidders & participating suppliers
4 commercial parties on the notice- AXA InsuranceAwarded supplier
- Arch InsuranceAwarded supplier
- Aviva Insurance LtdAwarded supplier
- Zurich Insurance PLC trading as Zurich MunicipalAwarded supplier
Official documents & specifications (1)
Official links; attachments are not copiedTender pack and attachments
- Technical selection criteria