Find a TenderAwardedContract award notice
Published 15 Aug 2025, 10:30 BST

Official UK procurement notice

Spelthorne Insurance · UK public procurement notice

Official notice

Authority: Surrey & Boarders Partnership NHS on behalf of NHS Commercial Solutions (Central government)

ServicesOpen procedureAbove thresholdAccelerated
Published estimate£708,333≈ £236k / year · £850,000 inc. VAT14.1% above published estimate
Submissions closed 26 Aug 2025awarded 8 Sept 2025
Award (standstill) to ZURICH INSURANCE COMPANY LTD
Contract term 3 yrsends 25 Sept 2028 · starts 26 Sept 2025

What is being bought

Published requirement description

Provision of an insurance policy that will cover property and associated covers as required suitable for a property owner. This shall include cover for building, rent, property owners liability and engineering inspection and insurance for the whole portfolio.

This contracted is being managed by Marsh McLennan and NHS Commercial Solutions on behalf of Spelthorne Borough Council.

  • No preliminary market engagement: The contracting authority has sufficient knowledge of the market, gained through recent similar procurements and ongoing supplier engagement.

CPV: Property insurance services

The lotProcurement structure

single lot · value published
Lot #1Awarded 3 yrsPublished value£708,333
Contract period: 26 Sept 2025 – 25 Sept 2028 (3 yrs)Value: £708,333 exc. VAT · £850,000 inc. VAT
Delivery: UK
Pre-qualification & selection criteria (PQQ)2
  • Economic & financial standing

    Suppliers must be authorized and registered with the Financial Conduct Authority (FCA)

  • Technical & professional ability

    Suppliers insurers must possess a minimum financial strength rating of 'A' or equivalent from a recognized rating agency

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: 50%Price: 50%
Published sub-criteria (4)
  • Terms and Conditions and Exclusions: 20%
  • Cover Analysis: 15%
  • Insurer Responsiveness: 15%
  • Price: 50%
Published award criteria (4)
  • Price
  • Terms and Conditions and Exclusions
  • Cover Analysis
  • Insurer Responsiveness
Conditions of participation2
  • Economic & financial standing

    Suppliers must be authorized and registered with the Financial Conduct Authority (FCA)

  • Technical & professional ability

    Suppliers insurers must possess a minimum financial strength rating of 'A' or equivalent from a recognized rating agency

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
Procedure method
Open procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Awarded
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
15 Aug 2025, 10:30 BST
Last source update
11 Sept 2025, 14:16 BST
Award evaluation window
Submission end – 15 Sept 2025
Authority reference
C382628
FTS notice number
2025/S 000-049022
Accelerated
State of urgency
Latest notice
Contract award notice (UK6)
Classification (CPV)
Property insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-0588a5 Find a Tender

How it was run

Official notice
Run through: portal not identified
Electronic submission allowedLanguage: EN
Submission deadline
26 Aug 2025, 12:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

www.marshmclennan.com ↗

Submissions must be made via email to [email protected]

Timeline

15 Aug 2025 → 26 Sept 2025 · 7 dates
  1. Tender notice published
    15 Aug 2025, 10:30 BST
  2. Submission deadline
    26 Aug 2025, 12:00 BST
  3. Assessment summaries sent
    9 Sept 2025, 00:00 BST
  4. Latest notice published
    11 Sept 2025, 14:16 BST
  5. Award decision expected by
    15 Sept 2025, 23:59 BST
  6. Standstill ends395 days ago
    22 Sept 2025, 23:59 BST
  7. Contract starts392 days ago
    26 Sept 2025, 00:00 BST

Notice history

4 events · 2 releases on Find a Tender · since 15 Aug 2025
  1. Tender notice published
    15 Aug 2025, 10:30 BST
    UK4
  2. Contract award notice published
    11 Sept 2025, 14:16 BST
    UK6
  3. Status changed to complete
    11 Sept 2025, 14:16 BST
  4. Contract signature expected
    25 Sept 2025, 23:59 BST
    scheduled

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £808,2161 award exc. VAT
Bids received 5
Awarded toValueDateStatus
ZURICH INSURANCE COMPANY LTDInsurance for Spelthorne Borough Council Investment Portfolio26 Sept 2025 – 25 Sept 2026 · up to 25 Sept 2027Extensions: Extensions are permissible provided than the total contract length in no longer than three (3) years in total.£808,2168 Sept 2025standstill to 22 Sept 2025Standstill

Bid statistics published by the authority

BidsSMEVCSEValid bid range
5final-stage tenders00—

Contracting authority & participating public bodies

Surrey & Boarders Partnership NHS on behalf of NHS Commercial Solutions

Contracting authorityPublic authority - central government GB-PPON: PLDZ-3358-YMVH The Atrium, Curtis Road, Dorking, South East, RH4 1XAContact name, email, phone

Bidders & participating suppliers

1 commercial party on the notice
  • ZURICH INSURANCE COMPANY LTDAwarded supplierGB-PPON: PQWR-3824-ZVZH The Zurich Centre, 3000 Parkway, Whiteley, Fareham, South East, PO15 7JZContact email

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure

  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender