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Published 15 Nov 2022, 14:05 GMT

Official UK procurement notice

Cyber and Terrorism / Political Violence Insurance Services

Official notice

Authority: Stonewater Limited (Public body)

2 lotsServicesCompetitive procedure with negotiationMax 2 lots to bidMax 2 lots per supplier
Sectors: Financial and insurance services (66) Delivery: UK
Published estimate£285,000total for 2 lots
Submissions closed 16 Dec 2022
Lots 2max 2 won per supplier · max 2 to bid
Contract term 3 yrsends 6 Apr 2026 · extension options published · starts 5 Apr 2023

What is being bought2 lots · detail below

Published requirement description

Insurance and related services associated with Cyber & Terrorism risks for Stonewater Limited.

CPV: Damage or loss insurance services · Financial and insurance services · Financial loss insurance services · Insurance brokerage and agency services · Insurance services · Risk management insurance services

Lots and requirements (2)Procurement structure

2 lots · all with a published value (£285,000 together) · a supplier may bid for at most 2 and win at most 2 of them
Lot #1Cyber and Terrorism / Political Violence Insurance ServicesRenewal 3 yrsPublished value£135,000

Insurance and related services associated with Cyber risks for Stonewater Limited. Additional information: To respond to this opportunity, please click here: www.delta-esourcing.com/respond/4X4AF86733 ↗

Contract period: 5 Apr 2023 – 6 Apr 2026 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Stonewater Limited will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · Stonewater Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66000000 Financial and insurance services66510000 Insurance services66515000 Damage or loss insurance services66517300 Risk management insurance services66518000 Insurance brokerage and agency services
Lot #2Insurance and related services associated with Terrorism Risks for Stonewater LimitedRenewal 3 yrsPublished value£150,000

Insurance and related services associated with Terrorism risks for Stonewater Limited. Additional information: To respond to this opportunity, please click here: www.delta-esourcing.com/respond/64CV9B7H2P ↗

Contract period: 5 Apr 2023 – 6 Apr 2026 (3 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: Stonewater Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · Stonewater Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66000000 Financial and insurance services66510000 Insurance services66515410 Financial loss insurance services66517300 Risk management insurance services66518000 Insurance brokerage and agency services

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
Lot distribution rule: Lot 1: Insurance and related services associated with Cyber risks for Stonewater Limited. Lot 2: Insurance and related services associated with Terrorism risks for Stonewater Limited
Conditions of participation4
  • Suitability

    Potential suppliers will be required to provide an overview of relevant services provided to property owners, public sector organisations, social landlords or other similar organisations over the past 5 years, plus details of 3 clients currently receiving similar services. Potential suppliers will be asked to evidence permissions by the FCA, PRA or other appropriate regulatory authority indicating the types of insurance/service the bidder is authorised to arrange or provide.

  • Economic & financial standing

    The tender documents will require providers to produce financial information in relation to the type of services offered, including but not limited to 3 years reports and accounts.

    Minimum: The financial ability to deliver the programme, including Insurers with a minimum rating of ‘BBB’ from standard and poor, ‘B++’ from A M best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. In t…
  • Technical & professional ability

    The tender documents will require providers to detail their relevant professional experience, resource,skills,qualifications and quality control practices.

  • Technical & professional ability

    For Insurance services, Insurers authorised under the Financial services and Markets Act 2000, Insurance Companies Act 1982 (and any other statutory modifications there of) and regulated by the Prudential regulation authority, UK Financial conduct authority, or equivalent in another member state of the European economic area. Insurance brokers registered with and regulated by the Financial conduct authority.

Staff
Names and qualifications of delivery staff must be submitted

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Competitive procedure with negotiation
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Closed
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
No (one-off requirement)
First published
15 Nov 2022, 14:05 GMT
Last source update
15 Nov 2022, 14:05 GMT
Authority reference
732588718
FTS notice number
2022/S 000-032378
Classification (CPV)
Damage or loss insurance servicesFinancial and insurance servicesFinancial loss insurance servicesInsurance brokerage and agency servicesInsurance servicesRisk management insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-03849c Find a Tender

Publisher note: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=732591183 GO Reference: GO-20221115-PRO-21435437

How it was run

Official notice
Run through: Delta eSourcing · Who buys & how to bid on Delta
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free Select account; no DUNS asked at signup
Submission deadline
16 Dec 2022, 12:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

www.delta-esourcing.com ↗

Timeline

15 Nov 2022 → 5 Apr 2023 · 3 dates
  1. Notice published
    15 Nov 2022, 14:05 GMT
  2. Submission deadline
    16 Dec 2022, 12:00 GMT
  3. Contract starts
    5 Apr 2023, 00:00 BST

Contracting authority & participating public bodies

Stonewater Limited

Contracting authorityPublic bodyBody governed by public lawHousing and community amenities Suite C Lancaster House, Grange Business Park, Enderby Road, Leicester, UK, LE8 6EPContact name, email, phone Published organisation website ↗

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.