Find a TenderAwarded
Published 7 Dec 2021, 12:22 GMT

Official UK procurement notice

Provision of Insurance and related services to The Cambridge Housing Society Limited and its subsidiary Companies

Official notice

Authority: THE CAMBRIDGE HOUSING SOCIETY LTD (Public body)

2 lotsServicesOpen procedure
Published estimate£1,400,000total for 2 lots
Submissions closed 17 Jan 2022awarded 4 Mar 2022
Awarded to Marsh Ltd
Contract term 4 yrsends 31 Mar 2026 · extension options published · starts 1 Apr 2022

What is being bought2 lots · detail below

Published requirement description

The Cambridge Housing Society Limited invited qualified bidders to tender for providing insurance services. this was in the form of either a single lot contract with one supplier for the provision of insurance services or a two lot contract for the provision of insurance services and for Directors & Officers Liability insurance.

CPV: Engineering insurance services · Financial loss insurance services · Fire insurance services · Insurance brokerage and agency services · Insurance claims adjustment services · Insurance consultancy services · Insurance services · Legal expenses insurance services · Liability insurance services · Machinery-inspection services · Pecuniary loss insurance services · Professional liability insurance services · +2 more

Lots and requirements (2)Procurement structure

2 lots · all with a published value (£1,359,000 together) · same evaluation weights on every lot
Lot #1Insurance ServicesCancelledRenewal 4 yrsPublished value£1,340,000

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 engineering insurance with an associated programme of inspections for statutory and other items of engineering plant and equipment.

Contract period: 1 Apr 2022 – 31 Mar 2026 (4 yrs)
Delivery: East of England
Extensions: The contract shall start from 1st April 2022 and will be for a period of 48 months/4 financial years, with an option to extend by a further period of up to 12 months/1 financial year at CHS's sole discretion. · The contract shall start from 1st April 2022 and will be for a period of 48 months/4 financial years, with an option to extend by a further period of up to 12 months/1 financial year at CHS's sole discretion.Variant bids: not allowed
Lot #2Directors & Officers Liability InsuranceCancelledRenewal 4 yrsPublished value£19,000

Insurance and related services associated with Directors and Officers' Liability risks for The Cambridge Housing Society Limited

Contract period: 1 Apr 2022 – 31 Mar 2026 (4 yrs)
Delivery: East of England
Extensions: The contract shall start from 1st April 2022 and will be for a period of 48 months/4 financial years, with an option to extend by a further period of up to 12 months/1 financial year at CHS's sole discretion. · The contract shall start from 1st April 2022 and will be for a period of 48 months/4 financial years, with an option to extend by a further period of up to 12 months/1 financial year at CHS's sole discretion.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 · same split on all 2 lots
Price: 100%
Published sub-criteria (2)
  • Tender Response: 30%
  • Price: 70%
Published award criteria (2)
  • Tender Response: 30%
  • Price: 70%
What this means for your bid
  • Price carries 100 of 100 points: a 10% discount moves about 10 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
Unspecified in notice
Recurring procurement
Yes
First published
7 Dec 2021, 12:22 GMT
Last source update
4 Mar 2022, 11:34 GMT
FTS notice number
2022/S 000-006013
Classification (CPV)
Engineering insurance servicesFinancial loss insurance servicesFire insurance servicesInsurance brokerage and agency servicesInsurance claims adjustment servicesInsurance consultancy servicesInsurance servicesLegal expenses insurance servicesLiability insurance servicesMachinery-inspection services
+4 morePecuniary loss insurance servicesProfessional liability insurance services
Delivery area
East of England (UKH12)
Official registry OCID
ocds-h6vhtk-02fe04 Find a Tender

How it was run

Official notice
Run through: portal not identified
Language: EN
Submission deadline
17 Jan 2022, 17:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Participation fee
document
Detailed submission instructions & authority contactsFrom official release

Timeline

17 Jan 2022 → 1 Apr 2022 · 4 dates
  1. Submission deadline
    17 Jan 2022, 17:00 GMT
  2. Invitations to tender expected
    24 Jan 2022
  3. Notice published
    4 Mar 2022, 11:34 GMT
  4. Contract starts
    1 Apr 2022, 00:00 BST

Notice history

2 events · 2 releases on Find a Tender · since 4 Mar 2022
  1. Status changed to complete
    4 Mar 2022, 11:34 GMT
  2. Procurement method changed
    4 Mar 2022, 11:34 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Bids received 2
Contracts signed 1latest 4 Mar 2022
Awarded toValueDateStatus
Not linked to a lot1 award
Marsh Ltd——Awarded

Contracts

  • Contract 006013-2022-1 · Marsh Ltd

    Signed
    4 Mar 2022
    Value
    —
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids——£374,377 – £4,166,655

Contracting authority & participating public bodies

The Cambridge Housing Society Limited

Contracting authorityPublic bodyHousing AssociationHousing and community amenities Endurance House, Chivers Way, Histon,, Cambridge, East of England, CB249ZRContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • The High Court of England and WalesReview body London

Bidders & participating suppliers

1 commercial party on the notice
  • Marsh LtdAwarded supplier Reading, South East

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.