Find a TenderAwarded
Published 8 Apr 2021, 14:29 BST

Official UK procurement notice

Further Competition under Insurance Placement DPS 978 for Bury Metropolitan Borough Council and their appointed Insurance Broker - A.J. Gallagher

Official notice

Authority: Bury Council (Local council)

Dynamic marketServicesRestricted procedure
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 10 Mar 2021

What is being bought

Published requirement description

Further Competition under Insurance Placement DPS 978 for Bury Metropolitan Borough Council and their appointed Insurance Broker - A.J. Gallagher

CPV: Financial and insurance services · Insurance services

The lotProcurement structure

single lot · no lot value published
Lot #1The Contract matter is the arrangement of a block insurance policy in respect of…Awarded

The Contract matter is the arrangement of a block insurance policy in respect of Residential Properties comprising 2 storey and 3 storey Flats. Additional information: Total value of the Contracts is £117314.73 (Initial three year term).

Delivery: UK
Extensions: Three year agreement with the option to extend for a further two years.

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: 45%Price: 50%Social value: 5%
Published sub-criteria (6)
  • Cover: 25%
  • Underwriting Service: 5%
  • Claims Service: 10%
  • Added Value & Innovation: 5%
  • price: 50%
  • Social Value: 5%
Published award criteria (6)
  • Cover: 25
  • Underwriting Service: 5
  • Claims Service: 10
  • Added Value & Innovation: 5
  • Social Value: 5
  • 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.
  • “Further Competition under Insurance Placement DPS 978 for Bury…” is a dynamic market: the contest is a place on its panel, not a single contract.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Restricted 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
Dynamic market
Who may use this agreement
Any qualifying supplier may apply while the market is open
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Unspecified in notice
First published
8 Apr 2021, 14:29 BST
Last source update
8 Apr 2021, 14:29 BST
Authority reference
DN507217
FTS notice number
2021/S 000-007255
Classification (CPV)
Financial and insurance servicesInsurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-02a3c8 Find a Tender

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 1admitted to the panel · see the list ↓
Bids received 4
Contracts signed 1latest 10 Mar 2021

1 suppliers are admitted to this dynamic market without individual award values or dates, see the supplier list below.

Contracts

  • Further Competition under Insurance Placement DPS 978 for Bury Metropolitan Borough Council and their appointed Insurance Broker - A.J. Gallagher

    Signed
    10 Mar 2021
    Value
    £117,315
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids———

Contracting authority & participating public bodies

Bury Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Town Hall, Knowsley Street, Bury, UK, BL9 0SWContact name, email, phone

Dispute resolution & review bodies

  • High Court of England and WalesReview body London

Suppliers admitted to the dynamic market

1 commercial party on the notice
  • Aspen Insurance Uk LimitedAdmitted to the market 30 Fenchurch Street, London, UK, EC3M 3BDContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.