Find a TenderAwarded
Published 17 Nov 2022, 17:26 GMT

Official UK procurement notice

Contract for Leaseholders Property Insurance

Official notice

Authority: Gateshead Council (Local council)

ServicesOpen procedure
Published estimate£504,000exc. VAT
Submissions closed 20 Jan 2023awarded 30 Mar 2023
Awarded to PROTECTOR INSURANCE (UK)

What is being bought

Published requirement description

Gateshead Council has awarded a contract to a suitably qualified and experienced Insurance Company (not broker) to provide Leaseholders Property Insurance.

CPV: Insurance services

The lotProcurement structure

single lot · no lot value published
Lot #1Gateshead Council has awarded a contract for the provision of its property insurance…Awarded

Gateshead Council has awarded a contract for the provision of its property insurance in respect of private dwellings sold on a leasehold basis, the majority of these were under the Right To Buy (RTB) legislation.

Cover commenced at 00.01am on the 1st April 2023.

Delivery: North East
Extensions: This contract has the option to extend for a further 2 x 12-month periods.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: 75%Price: 25%
Published sub-criteria (2)
  • As stated in tender: 75%
  • price: 25%
Published award criteria (2)
  • As stated in tender: 75
  • Price: 25
What this means for your bid
  • Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.

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
No (one-off requirement)
First published
17 Nov 2022, 17:26 GMT
Last source update
18 Apr 2023, 16:10 BST
Award evaluation window
22 Dec 2022 – …
Authority reference
DN632858
FTS notice number
2023/S 000-011143
Classification (CPV)
Insurance services
Delivery area
North East (UKC2)
Official registry OCID
ocds-h6vhtk-038642 Find a Tender

Publisher note: The tendered price submitted by the successful supplier was based on the first 12 month period of the contract. In order to arrive at a total awarded contract value the Council has added an additional 10% to the value of each subsequent year of the contract to cover inflation and premium increases.

How it was run

Official notice
Run through: Proactis / ProContract · Who buys & how to bid on ProContract
Language: EN
Submission deadline
20 Jan 2023, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
22 Dec 2022, 12:01 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

22 Dec 2022 → 18 Apr 2023 · 3 dates
  1. Bids opened
    22 Dec 2022, 12:01 GMT
  2. Submission deadline
    20 Jan 2023, 12:00 GMT
  3. Notice published
    18 Apr 2023, 16:10 BST

Notice history

2 events · 4 releases on Find a Tender · since 22 Dec 2022
  1. Deadline moved to 20 Jan 2023, 12:00 GMT
    22 Dec 2022, 09:44 GMT
    +29 days · was 22 Dec 2022, 12:00 GMT
  2. Status changed to complete
    18 Apr 2023, 16:10 BST
Published amendments (2 · 1 deadline change)
WhenWhatBeforeAfterShift
—TextEstimated total value · II.1.5—£630,000
—DeadlineTime limit for receipt of tenders or requests to participate · IV.2.222 Dec 202220 Jan 2023+29 d

2 amendments published without a description.

Routine re-releases (4)
  • 2022-11: 1 release · 17 Nov 2022

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £1,411,0051 contract exc. VAT
Bids received 1
Contracts signed 1latest 30 Mar 2023
Awarded toValueDateStatus
PROTECTOR INSURANCE (UK)£1,411,005 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids———

Contracting authority & participating public bodies

GATESHEAD COUNCIL

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Regent Street, Gateshead, North East, NE81HHContact name, email Published organisation website ↗

Dispute resolution & review bodies

  • The Borough Council of GatesheadReview body Gateshead

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.