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Published 9 Aug 2022, 10:00 BST

Official UK procurement notice

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

Official notice

Authority: Melton Borough Council (Local council)

Dynamic market2 lotsServicesRestricted procedure
Sectors: Financial and insurance services (66) Delivery: UK
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 24 Jun 2022
Lots 2see the lot list below

What is being bought2 lots · detail below

Published requirement description

The Council wishes to invite further competition responses for the supply of services in respect of insurances for the Councils main insurance programme together with the insurances arranged by the Council on behalf of its Leaseholders.

CPV: Financial and insurance services · Insurance services

Lots and requirements (2)Procurement structure

2 lots · no lot values published · same evaluation weights on every lot
Lot #1Combined CommercialCancelled

Further Competition under Insurance Placement DPS 978 for Melton Borough Council and their appointed Insurance Broker - A.J. Gallagher. Additional information: This lot was awarded on term of 3+2+2 = a maximum term of 7 (seven) years.

Estimated value is £1610000.00

Delivery: UK
Extensions: The Council proposes to enter into one contract for an initial period of 5 years with the preferred supplier, with an option to extend for a further period of 2 years in increments of 12 months making 7 years in total.
66000000 Financial and insurance services
Lot #2Leaseholder Right to BuyCancelled

Further Competition under Insurance Placement DPS 978 for Melton Borough Council and their appointed Insurance Broker - A.J. Gallagher. Additional information: This lot was awarded on term of 5 +2 = a maximum term of 7 (seven) years

Estimated value is £35700.00

Delivery: UK
Extensions: The Council proposes to enter into one contract for an initial period of 5 years with the preferred supplier, with an option to extend for a further period of 2 years in increments of 12 months making 7 years in total.
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 2 lots
Quality: 60%Price: 40%
Published award criteria (2)
  • Quality: 60
  • Price: 40
What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
  • “Further Competition under Insurance Placement DPS 978 for Melton…” 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
9 Aug 2022, 10:00 BST
Last source update
9 Aug 2022, 10:00 BST
Authority reference
DN609026
FTS notice number
2022/S 000-021819
Classification (CPV)
Financial and insurance servicesInsurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-035a14 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 2
Contracts signed 1latest 24 Jun 2022

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

Contracts

  • Contract 021819-2022-1-1

    Signed
    24 Jun 2022
    Value
    £1,645,700
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids———

Contracting authority & participating public bodies

Melton Borough Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Station Approach, Burton Street,, Melton Mowbray, UK, LE13 1GHContact name, email

Dispute resolution & review bodies

  • The High Court of London 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.