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Published 22 Dec 2021, 12:34 GMT

Official UK procurement notice

Material Damage/Buildings Insurance including Property Owners Liability

Official notice

Authority: Milnbank Housing Association c/o Bruce Stevenson Insurance Brokers Ltd (Housing)

ServicesOpen procedureSME suitable
Sectors: Financial and insurance services (66) Delivery: Scotland (UKM82)
Awarded value£265,642published contract · exc. VAT
Submissions closed 4 Feb 2022awarded 31 Mar 2022
Awarded to Direct Line Group
Contract term 5 yrsends 31 Mar 2027 · extension options published · starts 1 Apr 2022

What is being bought

Published requirement description

Material Damage/Buildings Insurance including Loss of Rent/Alternative Accommodation & Property Owners Liability

CPV: Insurance services · Property insurance services

The lotProcurement structure

single lot · no lot value published
Lot #1Material Damage/Buildings Insurance including Loss of Rent/Alternative Accommodation &…AwardedRenewal 5 yrs

Material Damage/Buildings Insurance including Loss of Rent/Alternative Accommodation & Property Owners Liability

Excludes Insurance Broking Services

Contract period: 1 Apr 2022 – 31 Mar 2027 (5 yrs)
Delivery: Scotland
Extensions: 1 or 2 x 12 months/1 x 24 monthsVariant bids: allowed
66515200 Property insurance 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)
  • Policy Cover: 25%
  • Claims Service: 25%
  • price: 40%
  • Sustainability: 10%
Published award criteria (4)
  • Policy Cover: 25
  • Claims Service: 25
  • Sustainability: 10
  • Price: 40
Conditions of participation2
  • Suitability

    This contract opportunity is open to Insurance Companies, Insurance Underwriters, Lloyds of London Syndicates/Coverholders and Managing General Agents.

    Providers must carry an A rating by Standard & Poors or similar rating agency.

    Insurance Brokers are excluded

  • Technical & professional ability

    This contract opportunity is open to Insurance Companies, Insurance Underwriters, Lloyds of London Syndicates/Coverholders and Managing General Agents.

    Providers must carry an A rating by Standard & Poors or similar rating agency.

    Insurance Brokers are excluded

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
22 Dec 2021, 12:34 GMT
Last source update
14 Jun 2022, 13:38 BST
Award evaluation window
4 Feb 2022 – …
FTS notice number
2022/S 000-016274
Classification (CPV)
Insurance servicesProperty insurance services
Delivery area
Scotland (UKM82)
Official registry OCID
ocds-h6vhtk-0304b3 Find a Tender

Publisher note: (SC Ref:696936)

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
4 Feb 2022, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
4 Feb 2022, 13:00 GMT
Detailed submission instructions & authority contactsFrom official release

www.publiccontractsscotland.gov.uk ↗

Timeline

4 Feb 2022 → 14 Jun 2022 · 5 dates
  1. Submission deadline
    4 Feb 2022, 12:00 GMT
  2. Bids opened
    4 Feb 2022, 13:00 GMT
  3. Contract starts
    1 Apr 2022, 00:00 BST
  4. Bids must remain valid until
    1 Apr 2022, 23:59 BST
  5. Notice published
    14 Jun 2022, 13:38 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    14 Jun 2022, 13:38 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £265,6421 contract exc. VAT
Bids received 21 from SMEs
Contracts signed 1latest 31 Mar 2022
Awarded toValueDateStatus
Direct Line Group£265,642 †—Awarded

Contracts

  • Contract 016274-2022-1 · Direct Line Group

    Signed
    31 Mar 2022
    Value
    £265,642
    Period
    … – 31 Mar 2027
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids · 2 electronic · 2 from abroad1——

Contracting authority & participating public bodies

Milnbank Housing Association c/o Bruce Stevenson Insurance Brokers Ltd

Contracting authorityHousingBody governed by public lawHousing and community amenities 144 West George Street, Glasgow, Scotland, G4 9JTContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Glasgow Sherriff CourtReview body Glasgow

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