Official UK procurement notice
Insurance of Commercial and Industrial Properties excluding Broker Services or submissions via Broker
Authority: Wokingham Borough Council (Local council)
Sectors: Financial and insurance services (66) Delivery: UKSouth East (UKJ11)
Awarded value£300,000published contract · exc. VAT
Submissions closed 22 Mar 2021awarded 9 Jun 2021
Awarded to PROTECTOR INSURANCE (UK)
What is being bought
Published requirement descriptionInsurance of Commercial and Industrial Properties excluding Broker Services or submissions via Broker.
CPV: Financial and insurance services · Property insurance services
The lotProcurement structure
single lot · no lot value publishedLot #1Awarded
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).
How bids were scored
Published sub-criteria (2)
- Insurance cover: 60%
- price: 40%
Published award criteria (2)
- Insurance cover: 60
- Price: 40
What this means for your bid
- Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Open 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
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 8 Feb 2021, 12:25 GMT
- Last source update
- 21 Jun 2021, 12:52 BST
- Award evaluation window
- 23 Mar 2021 – …
- Authority reference
DN524926- FTS notice number
2021/S 000-014028- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02910bFind a Tender
How it was run
Official noticeRun through: ProContract (Due North) · Who buys & how to bid on ProContract
Access & registration note: Free · short registration with manual review; public opportunity list
- Submission deadline
- 22 Mar 2021, 23:55 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 23 Mar 2021, 10:00 GMT
Detailed submission instructions & authority contactsFrom official release
Timeline
22 Mar 2021 → 21 Jun 2021 · 3 dates- Submission deadline22 Mar 2021, 23:55 GMT
- Bids opened23 Mar 2021, 10:00 GMT
- Notice published21 Jun 2021, 12:52 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete21 Jun 2021, 12:52 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £300,0001 contract exc. VAT
Bids received 4
Contracts signed 1latest 9 Jun 2021
| Awarded to | Value | Date | Status |
|---|---|---|---|
| PROTECTOR INSURANCE (UK) | £300,000 † | — | Awarded |
Contracts
Contract 014028-2021-1 · PROTECTOR INSURANCE (UK)
- Signed
- 9 Jun 2021
- Value
- £300,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4bids | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High Court of Justice of England and WalesReview body
Bidders & participating suppliers
1 commercial party on the notice- Protector InsuranceAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.