Official UK procurement notice
Insurance Services - East Coast College - Excluding Broking Services
Authority: East Coast College (Education)
What is being bought4 lots · detail below
Published requirement descriptionInsurance Services excluding broking services
CPV: Accident and health insurance services · Engineering insurance services · Financial and insurance services · Liability insurance services · Motor vehicle insurance services · Pecuniary loss insurance services · Professional liability insurance services · Property insurance services
Lots and requirements (4)Procurement structure
4 lots · no lot values published · a supplier may bid for at most 1 of themLot #1Commercial Combined InsuranceRenewal
Commercial Combined Insurance covering property, terrorism, business interruption, money, liability, crime, cyber and other financial losses
Lot #2Group Personal Accident & TravelRenewal
Group Personal Accident & Travel Insurance
Lot #3Motor InsuranceRenewal
Motor vehicle insurance
Lot #4EngineeringRenewal
Engineering inspection and insurance services
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).
- Suitability
Potential suppliers will be required to provide an overview of services provided to educational establishments, or other relevant 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 level(s) of standards possibly required:
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 the case of any rating less than A-, Education Protect will evaluate and accept the nominated insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the ITT bid deadline of the bidder’s market security committee’s latest report, including written recommendation from the bidder’s market security committee.
- 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 or UK Financial conduct authority.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Closed
- 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
- 23 Apr 2021, 15:15 BST
- Last source update
- 23 Apr 2021, 15:15 BST
- Award evaluation window
- 7 Jun 2021 – …
- FTS notice number
2021/S 000-008766- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02a9afFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at https://www.mytenders.co.uk/Search/Search_Switch.aspx?ID=222644. The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at https://www.mytenders.co.uk/sitehelp/help_guides.aspx. Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems. (MT Ref:222644)
How it was run
Official notice- Submission deadline
- 7 Jun 2021, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Participation fee
- document
- Bids opened
- 7 Jun 2021, 12:00 BST
Timeline
23 Apr 2021 → 7 Jun 2021 · 3 dates- Notice published23 Apr 2021, 15:15 BST
- Submission deadline7 Jun 2021, 12:00 BST
- Bids opened7 Jun 2021, 12:00 BST
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Public Procurement Review ServiceReview body
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.