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Published 20 Oct 2022, 17:55 BST

Official UK procurement notice

SPS 2645- Provision of Motor Insurance including Uninsured Loss Recovery and Legal Expenses for Royal Borough of Greenwich.

Official notice

Authority: Royal Borough of Greenwich (Local council)

ServicesOpen procedure
Sectors: Financial and insurance services (66) Delivery: London (UKI)
Published estimate£351,788≈ £70k / year
Submissions closed 25 Nov 2022awarded 1 Apr 2023
Awarded to Aon Limited
Contract term 5 yrsends 31 Mar 2028 · extension options published · starts 1 Apr 2023

What is being bought

Published requirement description

The Royal Borough of Greenwich has awarded contract to Aon UK Limited (trading as Maven Public Sector) for the provision of the Council's entire fleet insurance. The contract is for a period of 5 years (which includes 3 years Long Term Agreement with the option of an extension for a further 2 period each of 12 months).

CPV: Financial and insurance services

The lotProcurement structure

single lot · value published
Lot #1The Royal Borough of Greenwich completed an open procurement and has now awarded…AwardedRenewal 5 yrsPublished value£351,788

The Royal Borough of Greenwich completed an open procurement and has now awarded contract to Aon UK Limited (trading as Maven Public Sector) for the provision of the Council's entire fleet insurance. The contract is for a period of 5 years (which includes 3 years Long Term Agreement with the option of an extension for a further 2 period each of 12 months).

Contract period: 1 Apr 2023 – 31 Mar 2028 (5 yrs)
Delivery: London
Extensions: As specified within the ITT pack. · The Contract duration will initially be for 3 years commencing from 1st April 2023 till 31st March 2026, with an option to further extend for another 2 years as 1 + 1.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: 50%Price: 50%
Published sub-criteria (3)
  • Policy Cover: 10%
  • Claims Handling: 40%
  • price: 50%
Published award criteria (3)
  • Policy Cover: 10%
  • Claims Handling: 40%
  • Price: 50%
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
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
No (one-off requirement)
First published
20 Oct 2022, 17:55 BST
Last source update
12 Apr 2023, 12:56 BST
Award evaluation window
25 Nov 2022 – …
Authority reference
DN639123
FTS notice number
2023/S 000-010494
Classification (CPV)
Financial and insurance services
Delivery area
London (UKI)
Official registry OCID
ocds-h6vhtk-03779a Find a Tender

How it was run

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

royalgreenwich.proactishosting.com ↗

Timeline

25 Nov 2022 → 12 Apr 2023 · 5 dates
  1. Submission deadline
    25 Nov 2022, 17:00 GMT
  2. Bids opened
    25 Nov 2022, 17:00 GMT
  3. Contract starts
    1 Apr 2023, 00:00 BST
  4. Bids must remain valid until
    1 Apr 2023, 23:59 BST
  5. Notice published
    12 Apr 2023, 12:56 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    12 Apr 2023, 12:56 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Bids received 4
Contracts signed 1latest 1 Apr 2023
Awarded toValueDateStatus
Aon Limited——Awarded

Contracts

  • Contract 010494-2023-DN639123-1 · Aon Limited

    Signed
    1 Apr 2023
    Value
    —
    Period
    … – 31 Mar 2028
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
The Royal Borough of Greenwich completed an open procurement and has now awarded…4bids——£351,788 – £440,000
Whole notice———£351,788 – £440,000

Contracting authority & participating public bodies

Royal Borough of Greenwich

Contracting authorityLocal CouncilRegional or local authorityGeneral public services 3rd Floor, The Woolwich Centre, 35 Wellington Street, Woolwich, London, London, SE18 6HQContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Cabinet OfficeMediation body London
  • 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.