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Published 6 Jul 2022, 14:20 BST

Official UK procurement notice

Further Competition under Insurance Placement DPS 978 for Gravesham Borough Council and their appointed Insurance Broker - Aon

Official notice

Authority: Gravesham Borough Council (Local council)

Dynamic market6 lotsServicesRestricted procedure
Sectors: Financial and insurance services (66) Delivery: UK
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 31 May 2022
Lots 6see the lot list below

What is being bought6 lots · detail below

Published requirement description

Gravesham Borough Council is tendering for insurance services (excluding broking services) under further competition Yorkshire Procurement Organisation (YPO) Insurance Services Framework YPO978 in accordance with the terms of that agreement.

CPV: Financial and insurance services · Insurance services

Lots and requirements (6)Procurement structure

6 lots · no lot values published · same evaluation weights on every lot
Shared scope across all lots

Applies to lots 1, 2, 3, 4, 5, 6.

Further Competition under Insurance Placement DPS 978 for Gravesham Borough Council and their appointed Insurance Broker - Aon

Lot #1Combined Property (Material Damage, Business Interruption, Glass, Works in Progress (All Risks), Specified All Risks, Money and Computer)Cancelled
Delivery: UK
Extensions: Quotations are required on the basis of an initial contract period of five years from 30 June 2022 with the option for the Contracting Authority to extend the contract by up to an additional 2 years.
66000000 Financial and insurance services
Lot #2Combined Liability (Employers' Liability, Public / Products Liability including Hirers Liability and Libel & Slander, Professional Indemnity and Officials Indemnity including Public Health Act and Directors & Officers Liability)Cancelled
Delivery: UK
Extensions: Quotations are required on the basis of an initial contract period of five years from 30 June 2022 with the option for the Contracting Authority to extend the contract by up to an additional 2 years.
66000000 Financial and insurance services
Lot #3Motor FleetCancelled
Delivery: UK
Extensions: Quotations are required on the basis of an initial contract period of five years from 30 June 2022 with the option for the Contracting Authority to extend the contract by up to an additional 2 years.
66000000 Financial and insurance services
Lot #4Fidelity Guarantee (Crime)Cancelled
Delivery: UK
Extensions: Quotations are required on the basis of an initial contract period of five years from 30 June 2022 with the option for the Contracting Authority to extend the contract by up to an additional 2 years.
66000000 Financial and insurance services
Lot #5Personal Accident / TravelCancelled
Delivery: UK
Extensions: Quotations are required on the basis of an initial contract period of five years from 30 June 2022 with the option for the Contracting Authority to extend the contract by up to an additional 2 years.
66000000 Financial and insurance services
Lot #6Engineering Inspection and InsuranceCancelled
Delivery: UK
Extensions: Quotations are required on the basis of an initial contract period of five years from 30 June 2022 with the option for the Contracting Authority to extend the contract by up to an additional 2 years.
66000000 Financial and insurance 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 · same split on all 6 lots
Quality: 40%Price: 60%
Published sub-criteria (5)
  • Cover: 20%
  • Claims Service: 10%
  • Underwriting Service: 5%
  • Added Value and Innovation: 5%
  • price: 60%
Published award criteria (5)
  • Cover: 20
  • Claims Service: 10
  • Underwriting Service: 5
  • Added Value and Innovation: 5
  • Price: 60
What this means for your bid
  • Price carries 60 of 100 points: a 10% discount moves about 6 points. This one is won on the number: sharpen the price before polishing the prose.
  • “Further Competition under Insurance Placement DPS 978 for Gravesham…” 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
6 Jul 2022, 14:20 BST
Last source update
6 Jul 2022, 14:20 BST
Authority reference
DN604848
FTS notice number
2022/S 000-018501
Classification (CPV)
Financial and insurance servicesInsurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-034eed 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 31 May 2022

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

Contracts

  • Contract 018501-2022-1-1

    Signed
    31 May 2022
    Value
    £3,439,500
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids———

Contracting authority & participating public bodies

Gravesham Borough Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Civic Centre, Windmill Street, Gravesend, UK, DA12 1AUContact name, email, phone

Dispute resolution & review bodies

  • The High Court of England and WalesReview body London

Suppliers admitted to the dynamic market

1 commercial party on the notice
  • Zurich MunicipalAdmitted to the market The Zurich Centre, 3000 Parkway, Whiteley, Fareham, Hampshire, UK, PO15 7JZContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.