Official UK procurement notice
Insurance Tender ( Provision of Insurance Contract & Services )
Authority: North Glasgow Housing C/o Richard McDonald - Broker for the Association
What is being bought
Published requirement descriptionBuildings Insurance including Property Owners Liability, Loss of Rent and Alternative Accommodation for Rented Stock / Factored Owners / Shared Owners / Terrorism
CPV: Insurance claims adjustment services · Insurance services · Property insurance services
The lotProcurement structure
single lot · no lot value publishedLot #1All Risk building insuranceAwardedRenewal
All Risk building insurance
Property Owners Liability insurance
Loss of Rent / Alternative Accommodation Costs / Terrorism
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 (4)
- Cover: 25%
- Service: 25%
- price: 40%
- Sustainability: 10%
Published award criteria (4)
- Sustainability: 10
- Cover: 25
- Service: 25
- Price: 40
- Suitability
This contract opportunity is open to Insurance Companies, Insurance Underwriters, Lloyds of London Syndicates, Lloyds Coverholders and Managing General Agencies.
Providers must carry a minimum of "A" rating by Standard & Poors or AM Best
- Technical & professional ability
The Contract is open to Insurance Companies, Insurance Underwriters, Lloyds Syndicates, Lloyds Coverholders, and Managing General Agencies who are authorised and regulated by the FCA.
Providers must carry a minimum "A" rating by Standard & Poors or AM Best.
- Staff
- Names and qualifications of delivery staff must be submitted
- 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 · publisher note attached- 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
- 16 Dec 2022, 10:07 GMT
- Last source update
- 2 May 2023, 09:23 BST
- Award evaluation window
- 16 Feb 2023 – …
- FTS notice number
2023/S 000-012444- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0391c8Find a Tender
Publisher note: (SC Ref:730890)
How it was run
Official notice- Submission deadline
- 15 Feb 2023, 12:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Participation fee
- document
- Bids opened
- 16 Feb 2023, 12:00 GMT
Timeline
15 Feb 2023 → 2 May 2023 · 4 dates- Submission deadline15 Feb 2023, 12:00 GMT
- Bids opened16 Feb 2023, 12:00 GMT
- Bids must remain valid until4 Apr 2023, 23:59 BST
- Notice published2 May 2023, 09:23 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete2 May 2023, 09:23 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Direct Line Group | £620,000 † | — | Awarded |
Contracts
Contract 012444-2023-1 · Direct Line Group
- Signed
- 1 Apr 2023
- Value
- £620,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 1bids · 1 electronic · 1 from abroad | 0 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Glasgow Sheriff CourtReview body
Process and specification contact points (1)
- Bruce Stevenson Insurance Brokers LimitedProcess contact point
Bidders & participating suppliers
1 commercial party on the notice- Direct Line GroupAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria