Official UK procurement notice
Insurance Services · UK public procurement notice
Authority: River Clyde Homes
What is being bought
Published requirement descriptionThe River Clyde Homes Group (RCHG) are seeking to employ a suitably experienced and competent Insurance Firm, or broker, to provide annual Insurance cover for the elements stated below:
Property Stock
Group Personal Accident
Combined Liability
Crime
Office & Computer Combined
Motor
Contract Works
Professional Indemnity
Engineering
Cyber Liability
Detailed information in relation to RCHG’s requirements for each schedule are provided at Appendix F.
Supporting information (claims experience, plant lists, motor vehicles info, etc) to enable tenderers to provide a robust bid is provided at Appendix G.
The successful bidder will be expected to provide general guidance and advice on insurance and risk management issues, and keep RCHG up to date with relevant technical and legislative developments
- Recurrence: October 2027
CPV: Damage or loss insurance services · Financial and insurance services · General liability insurance services · Insurance brokerage services · Insurance consultancy services · Insurance services · Motor vehicle insurance services · Motor vehicle liability insurance services · Professional liability insurance services · Property insurance services · Risk management insurance services
The lotProcurement structure
single lot · no lot value publishedWhat 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 (5)
- Methodology & Approach: 10%
- Key Performance Indicators: 5%
- Community Benefits: 5%
- Fair Work First: 5%
- price: 75%
Published award criteria (6)
- Methodology & Approach: 10.00%
- Key Performance Indicators: 5.00%
- Community Benefits: 5.00%
- Fair Work First: 5.00%
- Data Protection: Pass/Fail
- Price: 75%
- Suitability
It is a requirement that companies must hold a current registration with the Financial Conduct Authority (FCA) for insurance distribution services.
- Economic & financial standing
SPD Question 4B.5.1a
It is a requirement of this contract that bidders hold, or can commit to obtain prior to the commencement of any subsequently awarded contract, the types and levels of insurance indicated below:
Professional Risk Indemnity Insurance = 5m GBP
SPD Question 4B.5.1b
It is a requirement of this contract that bidders hold, or can commit to obtain prior to the commencement of any subsequently awarded contract, the types and levels of insurance indicated below:
Employers Liability Insurance = 5m GBP
4B.5.2
It is a requirement of this contract that bidders hold, or can commit to obtain prior to the commencement of any subsequently awarded contract, the types and levels of insurance indicated below:
Public Liability Insurance = 5m GBP
4B.6
The bidder’s company name and registration number will be used to obtain a financial risk assessment report from Dun & Bradstreet. Only companies, that are deemed to be financially stable by RCH’s Finance Department, on the strength of their financial report will be eligible to be a party to the contract. It is the tenderers responsibility to ensure that the information held by Dun & Bradstreet is up to date at the time of submission. If you prefer to have this assessment carried out in respect of a guarantor, such as an ultimate parent body, then you may elect for this option and details of the guarantor should be provided. Bidders should provide their company registration number in the space provided in the SPD.
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 75 of 100 points: a 10% discount moves about 7.5 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 · 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
- Yes · October 2027
- First published
- 26 Oct 2023, 16:21 BST
- Last source update
- 6 Dec 2023, 11:42 GMT
- Award evaluation window
- 27 Nov 2023 – …
- Authority reference
RCH589- FTS notice number
2023/S 000-035912- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-040f5fFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
- Performance terms
The contract will be subject to formal Key Performance Indicators which are detailed within the attached tender document.
Publisher note: Tenders must be submitted electronically via the Public Contracts Scotland (PCS) Electronic Tender Post Box. Any response not submitted via the post box will not be considered. Any questions in relation to the tender must be raised via the 'Question & Answer' function of the PCS website. Tenderers should ensure they read and understand the SPD guidance document attached to the contract notice prior to submitting a bid. NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=748638. 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.publiccontractsscotland.gov.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. Community benefits are included in this requirement. For more information see: https://www.gov.scot/policies/public-sector-procurement/community-benefits-in-procurement/ A summary of the expected community benefits has been provided as follows: Bidders are required to set out what specific, tangible, community benefits they will bring to the Inverclyde area in the event of a successful bid. The response may address but is not limited to, targeted recruitment & training; equal opportunities; supply-chain initiatives; environmental initiatives (recycling), community consultation; contributions to education; the promotion of social enterprises; and resources for community initiatives. These benefits must be specific to this contract and not part of a wider Corporate Social Responsibility (CSR) programme. 5.00% of the total tender score will be allocated for this award criterion. (SC Ref:748638)
How it was run
Official notice- Submission deadline
- 19 Jan 2024, 12:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 27 Nov 2023, 12:00 GMT
Timeline
27 Nov 2023 → 19 Jan 2024 · 3 dates- Bids opened27 Nov 2023, 12:00 GMT
- Notice published6 Dec 2023, 11:42 GMT
- Submission deadline19 Jan 2024, 12:00 GMT
Notice history
2 events · 3 releases on Find a Tender · since 10 Nov 2023- Deadline moved to 6 Dec 2023, 12:00 GMT10 Nov 2023, 15:58 GMT+9 days · was 27 Nov 2023, 12:00 GMT
- Deadline moved to 19 Jan 2024, 12:00 GMT6 Dec 2023, 11:42 GMT+44 days · was 6 Dec 2023, 12:00 GMT
Published amendments (2 · 2 deadline changes)
| When | What | Before | After | Shift |
|---|---|---|---|---|
| — | DeadlineTime limit · IV.2.2 | 27 Nov 2023 | 6 Dec 2023 | +9 d |
| — | Bid openingConditions for opening of tenders · IV.2.7 | 27 Nov 2023 | 6 Dec 2023 | +9 d |
| — | DeadlineTime limit · IV.2.2 | 6 Dec 2023 | 19 Jan 2024 | +44 d |
| — | Bid openingConditions for opening of tenders · IV.2.7 | 6 Dec 2023 | 19 Jan 2024 | +44 d |
To allow more information to be provided in order to enable robust bids. Kind regards, Procurement Team, RCH.
RCH is currently gathering further information to allow companies to submit a more robust response. Kind regards, Procurement Team, RCH.
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Greenock Sheriff Court House,Review body
Official documents & specifications (1)
Official links; attachments are not copiedTender pack and attachments
- Technical selection criteria