Official UK procurement notice
Provision of Property / Material Damage Insurance Services (excluding the provision of insurance broking services)
Authority: The Police and Crime Commissioner for Hampshire and The Chief Constable for Hampshire Constabulary (Police & fire)
What is being bought
Published requirement descriptionThe Police and Crime Commissioner for Hampshire invited applications from suitable organisations to tender for Insurance for Property / Material Damage, Business Interruption, Contract Works, Money, Computers and Specified All Risks, but excluding Broker Services.
- Recurrence: Assuming all extension options are taken, approximately early to late spring of 2029.
CPV: Contractor's all-risk insurance services · Fire insurance services · Insurance services · Property insurance services · Weather and financial loss insurance services · Weather-related insurance services
The lotProcurement structure
single lot · value publishedWhat it takes to wini
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 morei
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).
Published sub-criteria (1)
- Price is not the only award criterion and all criteria are stated only in the procurement documents: 100%
Published award criteria (1)
- Price is not the only award criterion and all criteria are stated only in the procurement documents: 100
- Suitability
Insurers will be authorised to write the classes of
insurance listed within the EU Member States subject to
English/Welsh Law and jurisdiction of the English/Welsh
courts. Potential suppliers may be asked to produce a
certificate issued by the appropriate insurance
regulatory authority indicating the types of insurance the
insurer is authorised to provide and must comply with
Departments of Trade and Industry Regulations.
- Economic & financial standing
Potential suppliers may be asked to produce a copy of
their annual reports and accounts for the last 3 years,
name and address of bankers, details of last 3 years
of underwriting experience for the classes of business
referred to in this notice.
Minimum: All Insurers must meet the Marsh minimum financial guidelines, being an interactive Standard and Poors rating of BBB or higher and the local currency equivalent of US$100 million in unencumbered policyholders' surplus and / or approved by the Marsh Market Information Group. In th… - Technical & professional ability
Details of membership of any professional body or
association and education/Professional qualifications/
experience of all staff providing the services, and
evidence of risk management capabilities. Please see
the invitation to tender (ITT) for more details.
- Technical & professional ability
Insurers will be insurance companies authorised to write classes of insurance listed within the EU Member
states subject to English/Welsh Law and the Jurisdiction of the English/Welsh courts. The service will be
regulated by the provisions of the Insurance Act 1982 and any modification thereof.
- 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 · 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
- Yes · Assuming all extension options are taken, approximately early to late spring of 2029.
- First published
- 23 May 2022, 09:35 BST
- Last source update
- 26 Oct 2022, 16:06 BST
- Award evaluation window
- 1 Jul 2022 – …
- Authority reference
HC18728- FTS notice number
2022/S 000-030245- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-033c23Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
- Performance terms
In accordance with Articles 57 - 62 of Directive 2014/24/EC and Regulation 58 of the Public Contracts Regulations 2015, and set out in the Tender documentation.
- Review procedure
The Contracting Authority will incorporate a minimum ten (10) calendar days standstill period at the point that information on the conclusion of the Contract is communicated to all tenderers. This period allows any unsuccessful tenderer(s) to seek further debriefing information from the Contracting Authority before the conclusion of the Contract. Such additional information should be requested from the address at I.1 of this notice. If an appeal regarding the conclusion of the Contract has not been successfully resolved, then the Public Contracts Regulations 2015 (SI 2015/102) provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland). Any such action must be started within thirty (30) days beginning with the date when the aggrieved party first knew or ought to have known that grounds for starting such proceedings had arisen. The Court may extend the time-limit for starting proceedings where the Court considers that there is good reason for doing so, but not so as to permit proceedings to be started more than three (3) months after that date. Where the Contract has not been concluded, the Court may set aside the decision to award the Contract or order the Contracting Authority to amend any document and may award damages. If the Contract has been concluded, the Court may only award damages, or where the award procedures have not been followed correctly, declare the Contract to be ineffective.
Publisher note: Please note that the anticipated whole life value is up to £1m.
How it was run
Official notice- Submission deadline
- 1 Jul 2022, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 1 Jul 2022, 15:00 BST
Timeline
1 Jul 2022 → 26 Oct 2022 · 4 dates- Submission deadline1 Jul 2022, 12:00 BST
- Bids opened1 Jul 2022, 15:00 BST
- Bids must remain valid until1 Oct 2022, 23:59 BST
- Notice published26 Oct 2022, 16:06 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete26 Oct 2022, 16:06 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Risk Management Partners Ltd | £1,000,000 † | — | Awarded |
Contracts
Contract 030245-2022-1 · Risk Management Partners Ltd
- Signed
- 1 Oct 2022
- Value
- £1,000,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 3bids | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High Court of England and WalesReview body
Bidders & participating suppliers
1 commercial party on the notice- Risk Management Partners (RMP)Awarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.