Find a TenderAwarded
Published 14 Dec 2022, 19:05 GMT

Official UK procurement notice

Provision of Insurance and related services to South Lakes Housing

Official notice

Authority: South Lakes Housing (Public body)

ServicesOpen procedure
Published estimate£3,000,000≈ £1.0m / year21.7% below published estimate
Submissions closed 23 Jan 2023awarded 31 Mar 2023
Awarded to PROTECTOR INSURANCE (UK)
Contract term 3 yrsends 31 Mar 2026 · extension options published · starts 1 Apr 2023

What is being bought

Published requirement description

Property Owners Combined including Property Stock, Office and Depot Buildings, Business Interruption, Money, Employers Liability, Public/Products Liability, Property Owners Liability and terrorism excluding broker services

  • 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 loss insurance services · General liability insurance services · Insurance services · Legal expenses insurance services · Liability insurance services · Motor vehicle insurance services · Motor vehicle liability insurance services · Pecuniary loss insurance services · Professional liability insurance services · +2 more

The lotProcurement structure

single lot · value published
Lot #1A programme of General (non-life) insurance and related services for South Lakes HousingAwardedRenewal 3 yrsPublished value£3,000,000

A programme of General (non-life) insurance and related services for South Lakes Housing. The programme will require Insurance and related services for risks for Property Owners Combined only including property damage and business interruption, employers liability, public/products liability, property owners liability, business combined/office, money, all risks and terrorism excluding broker services. Responses are required for all covers and contract will be awarded as one (not individual classes) to the winning bidder. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: www.delta-esourcing.com/tenders/UK-UK-Arunde… ↗

Contract period: 1 Apr 2023 – 31 Mar 2026 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: This was an Open Procedure and bidders were required to submit satisfactorily completed selection questionnaire with their tender response. South Lakes Housing entered into a Long term agreement with the risk carriers, for an initial period of 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 years and further 2 years subject to satisfactory service, performance and cost. · South Lakes Housing will consider entering into Long term agreements with the risk carriers, for an initial period of 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 years and further 2 years subject to satisfactory service, performance and cost.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
Quality: 40%Price: 60%
Published sub-criteria (2)
  • Quality as more fully defined in the ITT: 40%
  • Price: 60%
Published award criteria (2)
  • Quality as more fully defined in the ITT: 40
  • Price: 60
Conditions of participation4
  • Suitability

    Potential suppliers will be required to provide an overview of relevant services provided to property owners, property developers, public sector organisations, social landlords or other similar organisations over the past 5 years, plus details of three 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 insurance programme, including 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 Marsh's market security committee. In the case o…
  • Technical & professional ability

    The tender documents will require Insurers 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.

Staff
Names and qualifications of delivery staff must be submitted
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 · 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
Unspecified in notice
Recurring procurement
Yes · Between 3 or 5 years from the date of this Notice
First published
14 Dec 2022, 19:05 GMT
Last source update
26 May 2023, 19:05 BST
Award evaluation window
24 Jan 2023 – …
FTS notice number
2023/S 000-015177
Classification (CPV)
Contractor's all-risk insurance servicesDamage or loss insurance servicesEngineering insurance servicesFinancial loss insurance servicesGeneral liability insurance servicesInsurance servicesLegal expenses insurance servicesLiability insurance servicesMotor vehicle insurance servicesMotor vehicle liability insurance services
+4 morePecuniary loss insurance servicesProfessional liability insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-038d94 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic payment
Review and risk notes
Review procedure

The Contracting Authority entered into this 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: <a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=784452116" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=784452116</a> GO Reference: GO-2023526-PRO-23064256

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
23 Jan 2023, 17:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
24 Jan 2023, 09:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

23 Jan 2023 → 26 May 2023 · 5 dates
  1. Submission deadline
    23 Jan 2023, 17:00 GMT
  2. Bids opened
    24 Jan 2023, 09:00 GMT
  3. Bids must remain valid until
    31 Mar 2023, 23:59 BST
  4. Contract starts
    1 Apr 2023, 00:00 BST
  5. Notice published
    26 May 2023, 19:05 BST

Notice history

1 event · 3 releases on Find a Tender
  1. Status changed to complete
    26 May 2023, 19:05 BST
Published amendments (1 · 0 deadline changes)
WhenWhatBeforeAfterShift
—TextSection I.3) Communication · I.3The procurement documents are available for unrestricted and full direct access, free of charge, at https://www.delta-esourcing.com/tenders/UK-UK-Kendal:-Insurance-services./9F7Y9754RC Additional information can be obtained from the above-mentioned address Tenders or requests to participate must be submitted electronically via https://www.delta-esourcing.com/tenders/UK-title/9F7Y9754RC Tenders or …The procurement documents are available for unrestricted and full direct access, free of charge. Please contact the following for direct access: [email protected] [email protected] Additional information can be obtained from the above-mentioned address Tenders or requests to participate must be submitted electronically via the portal. For access, please contact the follo…
—TextII.2.14) Additional information · II.2.14For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Arundel:-Insurance-services./9F7Y9754RCFor more information about this opportunity, please visit the Delta eSourcing portal. For direct access, please contact the following: [email protected] [email protected]
—TextVI.3) Additional information · VI.3The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. All tender documents and any additional information will be available to access and download at https://www.delta-esourcing.com/tenders/UK-UK-Kendal:-Insurance…The contracting authority considers this contract may be suitable for small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the procurement criteria. All tender documents & additional information will be available to access & download. Please contact the following for direct access: [email protected]. [email protected] Please not…

The contracting authority considers this contract may be suitable for small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the procurement criteria. All tender documents & additional information will be available to access & download. Please contact the following for direct access: [email protected]. Please note: this tender is to be managed …

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £2,350,0001 contract exc. VAT
Bids received 1
Contracts signed 1latest 31 Mar 2023
Awarded toValueDateStatus
PROTECTOR INSURANCE (UK)Subcontracting: declared£2,350,000 †—Awarded

Contracts

  • Provision of Insurance and related services to South Lakes Housing · PROTECTOR INSURANCE (UK)

    Signed
    31 Mar 2023
    Value
    £2,350,000
    Period
    … – 31 Mar 2026
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids———

Contracting authority & participating public bodies

South Lakes Housing

Contracting authorityPublic bodyBody governed by public lawHousing and community amenities Bridge Mills Business Centre,, Stramongate,, Kendal, UK, LA9 4BDContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

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

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.