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Published 5 May 2021, 16:24 BST

Official UK procurement notice

Provision of Insurance and related services to Islington & Shoreditch Housing Association

Official notice

Authority: ISLINGTON & SHOREDITCH HOUSING ASSOCIATION LIMITED (Housing)

4 lotsServicesCompetitive procedure with negotiationSME suitableMax 4 lots to bidMax 4 lots per supplier
Sectors: Financial and insurance services (66)Architecture & Engineering (71) Delivery: UK
Published estimate£1,000,000total for 4 lots
Submissions closed 7 Jun 2021awarded 29 Oct 2021
Awarded to Zurich insurance group +2 more4 awards
Contract term 3 yrsends 31 Oct 2024 · extension options published · starts 1 Nov 2021

What is being bought4 lots · detail below

Published requirement description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Islington & Shoreditch Housing Association

  • Recurrence: Between 3 or 5 years from the date of this Notice

CPV: Contractor's all-risk insurance services · Damage or loss insurance services · Engineering insurance services · Financial and insurance services · Financial loss insurance services · Fire insurance services · General liability insurance services · Insurance brokerage and agency services · Insurance claims adjustment services · Insurance services · Legal expenses insurance services · Liability insurance services · +7 more

Lots and requirements (4)Procurement structure

4 lots · all with a published value (£1,000,000 together) · a supplier may bid for at most 4 and win at most 4 of them · same evaluation weights on every lot
Lot #1Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Islington & Shoreditch Housing AssociationAwardedRenewal 3 yrsPublished value£800,000

A programme of General (non-life) insurance and related services for Islington & Shoreditch Housing Association, excluding Engineering & Inspections (see Lot 2), Cyber (see Lot 3) and Terrorism (see Lot 4).

The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime, employment practices liability and motor. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-London… ↗

Contract period: 1 Nov 2021 – 31 Oct 2024 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Islington & Shoreditch Housing Association has entered into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · Islington & Shoreditch Housing Association will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66513100 Legal expenses insurance services66513200 Contractor's all-risk insurance services66515000 Damage or loss insurance services66515100 Fire insurance services66515200 Property insurance services66515410 Financial loss insurance services
Lot #2Insurance and related services associated with items of Engineering plant and a programme of Engineering inspectionsAwardedRenewal 3 yrsPublished value£75,000

Engineering Insurance and an associated programme of inspections for statutory and other items of engineering plant and equipment. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-London… ↗

Contract period: 1 Nov 2021 – 31 Oct 2024 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Islington & Shoreditch Housing Association has entered into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · Islington & Shoreditch Housing Association will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66000000 Financial and insurance services66510000 Insurance services66517300 Risk management insurance services66518300 Insurance claims adjustment services66519200 Engineering insurance services71631000 Technical inspection services
Lot #3Insurance and related services associated with Cyber risks for Islington & Shoreditch Housing AssociationAwardedRenewal 3 yrsPublished value£50,000

Insurance and related services associated with Cyber risks for Islington & Shoreditch Housing Association. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-London… ↗

Contract period: 1 Nov 2021 – 31 Oct 2024 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Islington & Shoreditch Housing Association has entered into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · Islington & Shoreditch Housing Association will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66000000 Financial and insurance services66510000 Insurance services66515000 Damage or loss insurance services66517300 Risk management insurance services66518000 Insurance brokerage and agency services
Lot #4Insurance and related services associated with Terrorism risks for Islington & Shoreditch Housing AssociationAwardedRenewal 3 yrsPublished value£75,000

Insurance and related services associated with Terrorism risks for Islington & Shoreditch Housing Association. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-London… ↗

Contract period: 1 Nov 2021 – 31 Oct 2024 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Islington & Shoreditch Housing Association has entered into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with an option to extend the Award period subject to service, performance and cost. · Islington & Shoreditch Housing Association will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66000000 Financial and insurance services66510000 Insurance services66515000 Damage or loss insurance services66515410 Financial loss insurance services66517300 Risk management insurance services66518000 Insurance brokerage and agency 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 · same split on all 4 lots
Quality: 50%Price: 50%
Published award criteria (2)
  • Quality: 50
  • Price: 50
Lot distribution rule: Lots 1-4 will be individually evaluated and multiple awards may result. Where the respondee is an insurance Broker, it may choose to place the insurance(s) required within each Lot with different insurers at it's discretion, but full details of the risk carrier(s) will be required.
Conditions of participation4
  • Suitability

    Potential suppliers will be required to provide an overview of services provided to property owners, public sector organisations, social landlords or other relevant organisations over the past 5 years, plus details of 3 clients currently receiving similar services. Potential suppliers will be asked to evidence permissions by the FCA, PRA or other appropriate regulatory authority indicating the types of insurance/service the bidder is authorised to arrange or provide.

  • Economic & financial standing

    The tender documents will require providers to produce financial information in relation to the type of services offered, including but not limited to 3 years reports and accounts.

    Minimum: The financial ability to deliver the programme, including Insurers with a minimum rating of ‘BBB’ from standard and poor, ‘B++’ from A M best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. In t…
  • Technical & professional ability

    The tender documents will require providers to detail their relevant professional experience, resource,skills,qualifications and quality control practices.

  • Technical & professional ability

    For Insurance services, Insurers authorised under the Financial services and Markets Act 2000, Insurance Companies Act 1982 (and any other statutory modifications there of) and regulated by the Prudential regulation authority, UK Financial conduct authority, or equivalent in another member state of the European economic area. Insurance brokers registered with and regulated by the Financial conduct authority.

Staff
Names and qualifications of delivery staff must be submitted
Successive reduction
Candidates will be reduced successively across stages
What this means for your bid
  • Price carries 50 of 100 points: a 10% discount moves about 5 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 · publisher note attached
Procedure method
Competitive procedure with negotiation
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
Unspecified in notice
Recurring procurement
Yes · Between 3 or 5 years from the date of this Notice
First published
5 May 2021, 16:24 BST
Last source update
23 Nov 2021, 16:15 GMT
FTS notice number
2021/S 000-029169
Classification (CPV)
Contractor's all-risk insurance servicesDamage or loss insurance servicesEngineering insurance servicesFinancial and insurance servicesFinancial loss insurance servicesFire insurance servicesGeneral liability insurance servicesInsurance brokerage and agency servicesInsurance claims adjustment servicesInsurance services
+9 moreLegal expenses insurance servicesLiability insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-02ad73 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic payment
Review and risk notes
Review procedure

The Contracting Authority has entered into these contract following a 10 calendar day standstill period starting on the day after the notification of the result. The Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or who are at risk of harm by a breach of the Regulations to bring proceedings in the High Court. Any such proceedings must be brought within the limitation period specified by the Regulations according to the remedy sought.

Publisher note: To view this notice, please click here: https://gibbslaidler.delta-esourcing.com/delta/viewNotice.html?noticeId=641340219 GO Reference: GO-20211123-PRO-19280151

How it was run

Official notice
Run through: Delta eSourcing · Who buys & how to bid on Delta
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free Select account; no DUNS asked at signup
Submission deadline
7 Jun 2021, 17:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

www.delta-esourcing.com/tenders/UK-UK-London… ↗

Timeline

7 Jun 2021 → 23 Nov 2021 · 5 dates
  1. Submission deadline
    7 Jun 2021, 17:00 BST
  2. Invitations to tender expected
    11 Jun 2021, 00:00 BST
  3. Bids must remain valid until
    31 Oct 2021, 23:59 GMT
  4. Contract starts
    1 Nov 2021
  5. Notice published
    23 Nov 2021, 16:15 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    23 Nov 2021, 16:15 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 4
Bids received 153 from SMEs
Contracts signed 4latest 29 Oct 2021
Awarded toValueDateStatus
Lot 1 · Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Islington & Shoreditch Housing Association1 award
Zurich insurance group——Awarded
Lot 2 · Insurance and related services associated with items of Engineering plant and a programme of Engineering inspections1 award
Zurich Insurance plc (UK Branch) trading as Zurich MunicipalSubcontracting: Inspection services will be Contracted to Zurich Engineering.——Awarded
Lot 3 · Insurance and related services associated with Cyber risks for Islington & Shoreditch Housing Association1 award
Weald Insurance Brokers LimitedSubcontracting: All insurance coverage will be provided by the Bidder's nominated Insurer.——Awarded
Lot 4 · Insurance and related services associated with Terrorism risks for Islington & Shoreditch Housing Association1 award
Weald Insurance Brokers LimitedSubcontracting: Insurance cover will be provided by the Bidder's nominated Insurer.——Awarded

Contracts

  • Contract 029169-2021-1-1 · Zurich insurance group

    Signed
    29 Oct 2021
    Value
    —
    Period
    … – 31 Oct 2024
    Status
    active

  • Insurance and related services associated with items of Engineering plant and a programme of Engineering inspections · Zurich Insurance plc (UK Branch) trading as Zurich Municipal

    Signed
    29 Oct 2021
    Value
    —
    Period
    … – 31 Oct 2024
    Status
    active

  • Insurance and related services associated with Cyber risks for Islington & Shoreditch Housing Association · Weald Insurance Brokers Limited

    Signed
    29 Oct 2021
    Value
    —
    Period
    … – 31 Oct 2024
    Status
    active

  • Insurance and related services associated with Terrorism risks for Islington & Shoreditch Housing Association · Weald Insurance Brokers Limited

    Signed
    29 Oct 2021
    Value
    —
    Period
    … – 31 Oct 2024
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Islington & Shoreditch Housing Association3bids · 3 electronic0—£697,700 – £805,200
2 · Insurance and related services associated with items of Engineering plant and a programme of Engineering inspections4bids · 4 electronic1—£64,800 – £95,200
3 · Insurance and related services associated with Cyber risks for Islington & Shoreditch Housing Association4bids · 4 electronic1—£9,800 – £87,000
4 · Insurance and related services associated with Terrorism risks for Islington & Shoreditch Housing Association4bids · 4 electronic1—£33,100 – £71,100
Whole notice———£937,700 – £942,250

Contracting authority & participating public bodies

Islington & Shoreditch Housing Association (Including Lien Viet Housing Association)

Contracting authorityHousingBody governed by public lawHousing and community amenities 102 Blackstock Road, London, London, N4 2DRContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • The Cabinet OfficeReview contact point LondonContact phone
  • The High Court of England and WalesReview body LondonContact phone

Bidders & participating suppliers

4 commercial parties on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.