Find a TenderAwarded

Published 12 Dec 2023, 09:54 GMT

Official UK procurement notice

Insurance Tender ( Provision of Insurance Contract & Services )

Official notice

Authority: Southside Housing C/o Richard McDonald - Broker for the Association

ServicesOpen procedureSME suitable

Sectors: Financial and insurance services (66) Delivery: Scotland (UKM82)

Published estimate£675,000exc. VAT32.3% above published estimate

Submissions closed 8 Feb 2024awarded 1 Apr 2024

Awarded to Direct Line Group

What is being bought

Published requirement description

Buildings 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 published

Lot #1All Risk building insuranceAwardedRenewal

All Risk building insurance

Property Owners Liability insurance

Loss of Rent / Alternative Accommodation Costs / Terrorism

Delivery: Scotland

Extensions: The Contract term shall be 3 years with the option to extend for a further 2 x12 months at the Associations discretion. The total maximum term shall be 3 or 5 years at the Associations discretion.Variant bids: not allowed

66510000 Insurance services 66515200 Property insurance services 66518300 Insurance claims adjustment services

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: 50%Price: 40%Environmental: 10%

Published sub-criteria (4)

Service: 25%
Cover: 25%
price: 40%
Sustainability: 10%

Published award criteria (4)

Sustainability: 10
Service: 25
Cover: 25
Price: 40

Conditions of participation2

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

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 · 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: 12 Dec 2023, 09:54 GMT
Last source update: 2 Apr 2024, 10:11 BST
Award evaluation window: 8 Feb 2024 – …
FTS notice number: 2024/S 000-010512
Classification (CPV): Insurance claims adjustment servicesInsurance servicesProperty insurance services
Delivery area: Scotland (UKM82)
Official registry OCID: ocds-h6vhtk-0424c8 Find a Tender

Publisher note: (SC Ref:762596)

How it was run

Official notice

Run through: Public Contracts Scotland · Who buys & how to bid on PCS

Supplier login requiredLanguage: EN

Access & registration note: Free single registration for Scotland; PCS-Tender (Jaggaer) for full bidding

Submission deadline: 8 Feb 2024, 12:00 GMT
Submission channel: {"electronicSubmission"}
Accepted languages: en
Participation fee: document
Bids opened: 8 Feb 2024, 12:00 GMT

Detailed submission instructions & authority contactsFrom official release

www.publiccontractsscotland.gov.uk ↗

Timeline

8 Feb 2024 → 2 Apr 2024 · 4 dates

Submission deadline
8 Feb 2024, 12:00 GMT
Bids opened
8 Feb 2024, 12:00 GMT
Notice published
2 Apr 2024, 10:11 BST
Bids must remain valid until
2 Apr 2024, 23:59 BST

Notice history

1 event · 2 releases on Find a Tender

Status changed to complete
2 Apr 2024, 10:11 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £892,8051 contract exc. VAT

Bids received 21 from SMEs

Contracts signed 1latest 1 Apr 2024

Awarded to	Value	Date	Status
Direct Line Group	£892,805 †	—	Awarded

Contracts

Contract 010512-2024-1 · Direct Line Group
Signed
1 Apr 2024
Value
£892,805
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
2bids · 2 electronic · 2 from abroad	1	—	—

Contracting authority & participating public bodies

Southside Housing C/o Richard McDonald - Broker for the Association

Contracting authorityBody governed by public lawHousing and community amenities 135 Fifty Pitches Road Glasgow, Glasgow, Scotland, G51 4EBContact email Published organisation website ↗

Dispute resolution & review bodies

Glasgow Sheriff CourtReview body Glasgow

Process and specification contact points (1)

Howden Scotland LimitedProcess contact point Glasgow, ScotlandContact name, email, phone

Bidders & participating suppliers

1 commercial party on the notice

Direct Line GroupAwarded supplier Third Floor, 60 Fenchurch Street, London, London, EC3M 4ADContact phone

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

Economic and financial selection criteriatenderEconomic and financial selection criteria
Technical selection criteriatenderTechnical selection criteria