Official UK procurement notice
CONTRACT FOR THE PROVISION OF PROPERTY INSURANCE PACKAGE, COMBINED LIABILITY & FIDELITY GUARANTEE, MOTOR FLEET INSURANCE, BALTIC - PROPERTY OWNERS INSURANCE, SAGE - MATERIAL DAMAGE INSURANCE & ENGINEERING INSPECTION AND INSURANCE
Authority: Gateshead Council (Local council)
What is being bought6 lots · detail below
Published requirement descriptionGateshead Council required suitably qualified and experience insurance companies (NOT BROKERS) to provide Insurance in the following:
Lot 1: Property Insurance Combined
Lot 2: Combined Liability & Fidelity Guarantee
Lot 3: Motor Fleet
Lot 4: Baltic - Property Owners
Lot 5: Sage - Material Damage
Lot 6: Engineering Inspection and Insurance
Suitably qualified Companies were invited to submit responses for 1 or more Lots.
CPV: Financial and insurance services
Lots and requirements (6)Procurement structure
6 lots · no lot values published · evaluation weights differ by lotLot #1Property Insurance CombinedAwarded
Property Insurance Combined
Lot #2Combined Liability & Fidelity GuaranteeAwarded
Combined Liability & Fidelity Guarantee
Lot #3Motor FleetAwarded
Motor Fleet
Lot #4Baltic - Property OwnersAwarded
Baltic - Property Owners
Lot #5Sage - Material DamageAwarded
Sage - Material Damage
Lot #6Engineering Inspection and InsuranceAwarded
Engineering Inspection and Insurance
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).
Lots publish different evaluation splits; there is no single procedure weighting.
| Lot | Quality | Price | Social value | Split |
|---|---|---|---|---|
| 1 · Property Insurance Combined | 30% | 60% | 10% | |
| 2 · Combined Liability & Fidelity Guarantee | 30% | 60% | 10% | |
| 3 · Motor Fleet | 30% | 60% | 10% | |
| 4 · Baltic - Property Owners | 30% | 60% | 10% | |
| 5 · Sage - Material Damage | 30% | 60% | 10% | |
| 6 · Engineering Inspection and Insurance | 30% | 60% | 10% |
- Price carries 60 points on every lot: a 10% discount moves about 6 points.
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
- 18 Oct 2021, 18:54 BST
- Last source update
- 2 Feb 2022, 17:32 GMT
- Award evaluation window
- 22 Nov 2021 – …
- Authority reference
DN575932- FTS notice number
2022/S 000-003050- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02ed01Find a Tender
How it was run
Official notice- Submission deadline
- 22 Nov 2021, 12:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 22 Nov 2021, 12:30 GMT
Timeline
22 Nov 2021 → 2 Feb 2022 · 3 dates- Submission deadline22 Nov 2021, 12:00 GMT
- Bids opened22 Nov 2021, 12:30 GMT
- Notice published2 Feb 2022, 17:32 GMT
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete2 Feb 2022, 17:32 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lot 1 · Property Insurance Combined1 award | |||
| Travelers Insurance Company Limited | — | — | Awarded |
| Lot 2 · Combined Liability & Fidelity Guarantee1 award | |||
| Zurich insurance group | — | — | Awarded |
| Lot 3 · Motor Fleet1 award | |||
| Zurich insurance group | — | — | Awarded |
| Lot 4 · Baltic - Property Owners1 award | |||
| PROTECTOR INSURANCE (UK) | — | — | Awarded |
| Lot 5 · Sage - Material Damage1 award | |||
| PROTECTOR INSURANCE (UK) | — | — | Awarded |
| Lot 6 · Engineering Inspection and Insurance1 award | |||
| Risk Management Partners Ltd | — | — | Awarded |
Contracts
Contract 003050-2022-1 · Travelers Insurance Company Limited
- Signed
- 10 Jan 2022
- Value
- —
- Status
- active
Contract 003050-2022-2 · Zurich insurance group
- Signed
- 10 Jan 2022
- Value
- —
- Status
- active
Contract 003050-2022-3 · Zurich insurance group
- Signed
- 10 Jan 2022
- Value
- —
- Status
- active
Contract 003050-2022-4 · PROTECTOR INSURANCE (UK)
- Signed
- 10 Jan 2022
- Value
- —
- Status
- active
Contract 003050-2022-5 · PROTECTOR INSURANCE (UK)
- Signed
- 10 Jan 2022
- Value
- —
- Status
- active
Contract 003050-2022-6 · Risk Management Partners Ltd
- Signed
- 10 Jan 2022
- Value
- —
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · Property Insurance Combined | 3bids | — | — | £2,288,118 – £9,424,800 |
| 2 · Combined Liability & Fidelity Guarantee | 4bids | — | — | £1,730,953 – £2,020,515 |
| 3 · Motor Fleet | 5bids | — | — | £311,885 – £1,414,868 |
| 4 · Baltic - Property Owners | 2bids | — | — | £149,786 – £218,652 |
| 5 · Sage - Material Damage | 3bids | — | — | £207,697 – £2,406,250 |
| 6 · Engineering Inspection and Insurance | 1bids | — | — | £630,959 – £644,133 |
Contracting authority & participating public bodies
Bidders & participating suppliers
4 commercial parties on the notice- Protector InsuranceAwarded supplier
- Risk Management Partners LtdAwarded supplier
- Travelers Insurance Company LimitedAwarded supplier
- Zurich Insurance plcAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.