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Published 18 Oct 2022, 17:27 BST

Official UK procurement notice

Leasehold Buildings Insurance · UK public procurement notice

Official notice

Authority: London Borough of Havering (Local council)

ServicesOpen procedure
Budget not disclosed£0≈ £0 / year
Submissions closed 22 Nov 2022awarded 16 Mar 2023
Awarded to PROTECTOR INSURANCE (UK)
Contract term 5 yrsends 31 Mar 2028 · extension options published · starts 31 Mar 2023

What is being bought

Published requirement description

The Provision of Leasehold Buildings Insurance in respect of Leasehold Properties and Shared Ownership Properties Excluding Broker Services.

CPV: Insurance services

The lotProcurement structure

single lot · no lot value published
Lot #1AwardedRenewal 5 yrs
Contract period: 31 Mar 2023 – 31 Mar 2028 (5 yrs)
Delivery: London
Extensions: This contract will be reprocured prior to contract expiryVariant 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: 30%Price: 70%
Published sub-criteria (2)
  • Quality: 30%
  • Cost: 70%
Published award criteria (2)
  • Quality: 30
  • Cost: 70
What this means for your bid
  • Price carries 70 of 100 points: a 10% discount moves about 7 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 · 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
Yes
First published
18 Oct 2022, 17:27 BST
Last source update
26 Apr 2023, 11:25 BST
Award evaluation window
22 Nov 2022 – …
FTS notice number
2023/S 000-011946
Classification (CPV)
Insurance services
Delivery area
London (UKI52)
Official registry OCID
ocds-h6vhtk-0376ce Find a Tender

How it was run

Official notice
Run through: portal not identified
Language: EN
Submission deadline
22 Nov 2022, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
22 Nov 2022, 12:01 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

22 Nov 2022 → 26 Apr 2023 · 4 dates
  1. Submission deadline
    22 Nov 2022, 12:00 GMT
  2. Bids opened
    22 Nov 2022, 12:01 GMT
  3. Contract starts
    31 Mar 2023, 00:00 BST
  4. Notice published
    26 Apr 2023, 11:25 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    26 Apr 2023, 11:25 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £6,950,0001 contract exc. VAT
Bids received 2
Contracts signed 1latest 16 Mar 2023
Awarded toValueDateStatus
PROTECTOR INSURANCE (UK)£6,950,000 †ten times the procedure’s published value or more · possibly a unit error, check the notice—Awarded

Contracts

  • Contract 011946-2023-1 · PROTECTOR INSURANCE (UK)

    Signed
    16 Mar 2023
    Value
    £6,950,000
    Period
    … – 31 Mar 2028
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids———

Contracting authority & participating public bodies

LONDON BOROUGH OF HAVERING

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Town Hall,Main Road, ROMFORD, London, RM13BBContact email Published organisation website ↗

Dispute resolution & review bodies

  • Royal Courts of JusticeReview body London

Bidders & participating suppliers

1 commercial party on the notice
  • Protector InsuranceAwarded supplierGB-COH: FC033034 7th Floor, 3 Hardman Street, MANCHESTER, North West, M3 3HF

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.