Find a TenderAwarded
Published 25 May 2023, 13:39 BST

Official UK procurement notice

INSURANCE TENDER Property Insurance excluding Broker Services (Ealing Contract Ref CH222435)

Official notice

Authority: London Borough of Ealing (Local council)

ServicesOpen procedure
Published estimate£4,500,000exc. VAT
Submissions closed 26 Jun 2023awarded 1 Sept 2023
Awarded to Zurich Insurance company PIC (UK Branch) trading as Zurich Municipal

Re-procurement plannednsurance Services excluding Property Insurance · tender expected

What is being bought

Published requirement description

London Borough of Ealing has awarded a new contract for Property Insurance policy to Zurich Municipal.

The contract shall be for an initial term of 4 years, with the option to extend for a further 2 years. The Long-Term Agreement shall contain a break clause in the event of any significant changes to the Contracting Authority introduced by Central Government or other bodies that would make the continuance of the Long Term Agreement unsuitable for the Contracting Authority.

CPV: Insurance services

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewalPublished value£4,500,000
Delivery: UK, London
Extensions: It is intended that the contract shall be for an initial term of 4 years, with the option to extend for a further 2 years.Variant bids: not allowed

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: 40%Price: 60%
Published award criteria (2)
  • Quality: 40
  • Price: 60
What this means for your bid
  • 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
Procedure method
Open procedure
Legal basis
CELEX · 32014L0023 Concession Contracts Regulations 2016 (Directive 2014/23/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
25 May 2023, 13:39 BST
Last source update
1 Sept 2023, 08:48 BST
Award evaluation window
26 Jun 2023 – …
Authority reference
DN670348
FTS notice number
2023/S 000-025689
Classification (CPV)
Insurance services
Delivery area
UKLondon (UKI)
Official registry OCID
ocds-h6vhtk-03cf62 Find a Tender

How it was run

Official notice
Run through: ProContract (Due North) · Who buys & how to bid on ProContract
Supplier login requiredLanguage: EN
Access & registration note: Free · short registration with manual review; public opportunity list
Submission deadline
26 Jun 2023, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
90 days from the deadline
Bids opened
26 Jun 2023, 12:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

26 Jun 2023 → 1 Sept 2023 · 3 dates
  1. Submission deadline
    26 Jun 2023, 12:00 BST
  2. Bids opened
    26 Jun 2023, 12:00 BST
  3. Notice published
    1 Sept 2023, 08:48 BST

Notice history

1 event · 3 releases on Find a Tender
  1. Status changed to complete
    1 Sept 2023, 08:32 BST
Published amendments (1 · 0 deadline changes)
WhenWhatBeforeAfterShift
—Text4500000 · II.1.7——
—Text4500000 · V.2.4——

Value amendment

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £59,334,6411 contract exc. VAT
Bids received 2
Contracts signed 1latest 1 Sept 2023
Awarded toValueDateStatus
Zurich Insurance company PIC (UK Branch) trading as Zurich Municipal£59,334,641 †ten times the procedure’s published value or more · possibly a unit error, check the notice—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids · 2 electronic0——

Contracting authority & participating public bodies

London Borough of Ealing

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Ealing Council, Perceval House, 14/16 Uxbridge Road, Ealing, London, W5 2HLContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High Court, Royal Courts of JusticeReview body London

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.