Official UK procurement notice
Staffordshire Pension Fund Insurance
Authority: Staffordshire County Council (Local council)·Consortium: 2 public authorities
What is being bought
Published requirement descriptionContract for the provision of Property Owners Combined and Terrorism excluding Broker Services.
Staffordshire County Council is the Administering Authority for the Staffordshire Pension Fund ('the Fund'). The Fund has a total membership of 119,000, consisting of around 34,000 active members, 42,000 retired pensioners and dependants, and 43,000 deferred
members. As of 31 March 2024, the assets of the Fund were in excess of £7.5 billion
This incorporates the Material Damage including Loss of Rent and Property Owners Liability
- Material Damage
- Commercial & Industrial Properties
- Loss of Rent
Property Owners Liability
CPV: Property insurance services
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£3,700,000
What 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 award criteria (2)
- Quality: 50
- Price: 50
- 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
- Yes
- First published
- 30 Jul 2024, 16:19 BST
- Last source update
- 30 Sept 2024, 09:08 BST
- Award evaluation window
- 29 Aug 2024 – …
- Authority reference
IA3394- FTS notice number
2024/S 000-031104- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-048609Find a Tender
- Electronic trading
- e-invoicing allowed · electronic payment
How it was run
Official notice- Submission deadline
- 29 Aug 2024, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 29 Aug 2024, 13:00 BST
Timeline
29 Aug 2024 → 1 Oct 2024 · 4 dates- Submission deadline29 Aug 2024, 12:00 BST
- Bids opened29 Aug 2024, 13:00 BST
- Notice published30 Sept 2024, 09:08 BST
- Contract starts1 Oct 2024, 00:00 BST
Notice history
2 events · 2 releases on Find a Tender · since 30 Sept 2024- Status changed to complete30 Sept 2024, 09:08 BST
- Buyer details updated30 Sept 2024, 09:08 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Zurich MunicipalStaffordshire Pension Fund Insuarnce | — | — | Awarded |
Contracts
Staffordshire Pension Fund Insuarnce · Zurich Municipal
- Signed
- 30 Sept 2024
- Value
- £3,700,000
- Period
- … – 30 Sept 2029
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 1bids · 1 electronic | — | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeBidders & participating suppliers
1 commercial party on the notice- Zurich MunicipalAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria