Official UK procurement notice
Leasehold Property Insurance · UK public procurement notice
Authority: London Borough of Brent (Local council)·Consortium: 2 public authorities
Sectors: Financial and insurance services (66) Delivery: London (UKI)
Published estimate£5,500,000≈ £1.8m / year13.2% above published estimate
Submissions closed 22 Jun 2023awarded 31 Oct 2023
Awarded to Arthur J. Gallagher Insurance Brokers Ltd
Contract term 3 yrsends 31 Oct 2026 · extension options published · starts 1 Nov 2023
What is being bought
Published requirement descriptionLeasehold Property Insurance for Leasehold Flats and Shared Ownership Properties excluding Broker Services
CPV: Insurance and pension services
The lotProcurement structure
single lot · no lot value publishedLot #1Leasehold Property InsuranceAwardedRenewal
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).
How bids were scored
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 · 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
- 17 May 2023, 09:04 BST
- Last source update
- 31 Oct 2023, 11:08 GMT
- Award evaluation window
- 22 Jun 2023 – …
- Authority reference
DN670336- FTS notice number
2023/S 000-032097- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03c952Find a Tender
How it was run
Official noticeRun through: ProContract (Due North) · Who buys & how to bid on ProContract
Access & registration note: Free · short registration with manual review; public opportunity list
- Submission deadline
- 22 Jun 2023, 10:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 22 Jun 2023, 12:00 BST
Detailed submission instructions & authority contactsFrom official release
Timeline
22 Jun 2023 → 1 Nov 2023 · 4 dates- Submission deadline22 Jun 2023, 10:00 BST
- Bids opened22 Jun 2023, 12:00 BST
- Notice published31 Oct 2023, 11:08 GMT
- Contract starts1 Nov 2023
Notice history
2 events · 2 releases on Find a Tender · since 31 Oct 2023- Status changed to complete31 Oct 2023, 11:08 GMT
- Buyer details updated31 Oct 2023, 11:08 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £6,224,6771 contract exc. VAT
Bids received 2
Contracts signed 1latest 31 Oct 2023
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Arthur J. Gallagher Insurance Brokers Ltd | £6,224,677 † | — | Awarded |
Contracts
Contract 032097-2023-DN670336-1 · Arthur J. Gallagher Insurance Brokers Ltd
- Signed
- 31 Oct 2023
- Value
- £6,224,677
- Period
- … – 31 Oct 2026
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids · 2 electronic | — | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- High Court of Justice (England and Wales)The StrandReview body
- High Court of Justice of England and WalesReview body
Bidders & participating suppliers
1 commercial party on the notice- Arthur J. Gallagher Insurance Brokers LtdAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.