Find a TenderAwarded
Published 8 May 2024, 15:30 BST

Official UK procurement notice

Operational Insurance Broker · UK public procurement notice

Official notice

Authority: CADENT GAS LIMITED (Public body)

ServicesNegotiated procedure with prior call for competition
Awarded value£50,000,000published contract · exc. VAT
Submissions closed 7 Jun 2024awarded 30 Sept 2024
Awarded to Aon Limited

What is being bought

Published requirement description

Cadent has a requirement for the provision of insurance brokerage services for operational policies.

CPV: Financial and insurance services · Insurance services

The lotProcurement structure

single lot · no lot value published
Lot #1AwardedRenewal
Delivery: UK
Extensions: 5 12 month extensions (60 months total, in 12 month increments) · Options to renew for a further 60 months, in 12 month increments.Variant 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
  • Price

Procedure terms & legal framework

From the official record
Procedure method
Negotiated procedure with prior call for competition
Legal basis
CELEX · 32014L0025 Utilities Contracts Regulations 2016 (Directive 2014/25/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
Unspecified in notice
Recurring procurement
No (one-off requirement)
First published
8 May 2024, 15:30 BST
Last source update
22 Oct 2024, 11:53 BST
FTS notice number
2024/S 000-034116
Classification (CPV)
Financial and insurance servicesInsurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-045806 Find a Tender

How it was run

Official notice
Run through: portal not identified
Language: EN
Submission deadline
7 Jun 2024, 16:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Participation fee
document
Detailed submission instructions & authority contactsFrom official release

Timeline

7 Jun 2024 → 22 Oct 2024 · 2 dates
  1. Submission deadline
    7 Jun 2024, 16:00 BST
  2. Notice published
    22 Oct 2024, 11:53 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    22 Oct 2024, 11:53 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £50,000,0001 contract exc. VAT
Bids received 4
Contracts signed 1latest 30 Sept 2024
Awarded toValueDateStatus
Aon Limited£50,000,000 †—Awarded

Contracts

  • Contract 034116-2024-1 · Aon Limited

    Signed
    30 Sept 2024
    Value
    £50,000,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids———

Contracting authority & participating public bodies

CADENT GAS LIMITED

Contracting authorityPublic bodyProduction, transport and distribution of gas and heat GB-COH: 10080864 Ansty Park Pilot Way, COVENTRY, West Midlands, CV79JUContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Cadent GasReview body Coventry

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.