Find a TenderAwarded
Published 22 Aug 2022, 10:07 BST

Official UK procurement notice

Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

Official notice

Authority: NCG (Public body)

Dynamic market8 lotsServicesRestricted procedure
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 16 Jun 2022
Lots 8see the lot list below

What is being bought8 lots · detail below

Published requirement description

NCG Corporation, as the Contracting Authority, is required to tender their requirement to

insure their risk(s) due to the ending of an existing Long-Term Agreement (“LTA”) with

its incumbent insurers.

A Procurement is being carried out under the Yorkshire Purchasing Organisation’s

Insurance Placement Dynamic Purchasing System (hereon in referred to as the YPO

IP DPS), to assist NCG, the Contracting Authority, in deciding which Bidder should be

awarded the Contract(s). The Contract has been divided into eight lots by type of

insurance cover.

CPV: Financial and insurance services · Insurance services

Lots and requirements (8)Procurement structure

8 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, 7, 8.

Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

Lot #1Property CombinedCancelled
Delivery: UK
Extensions: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).
Lot #2Terrorism inc. Crisis ResilienceCancelled
Delivery: UK
Extensions: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).
Lot #3Combined LiabilityCancelled
Delivery: UK
Extensions: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).
Lot #4Professional Indemnity, Directors & Officers, Libel & SlanderCancelled
Delivery: UK
Extensions: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).
Lot #5Motor FleetCancelled
Delivery: UK
Extensions: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).
Lot #6EngineeringCancelled
Delivery: UK
Extensions: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).
Lot #7Personal Accident & TravelCancelled
Delivery: UK
Extensions: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).
Lot #8CyberCancelled
Delivery: UK
Extensions: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).

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 8 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 NCG…” 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
22 Aug 2022, 10:07 BST
Last source update
22 Aug 2022, 10:07 BST
Authority reference
DN604741
FTS notice number
2022/S 000-023216
Classification (CPV)
Financial and insurance servicesInsurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-03614d Find a Tender

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 3admitted to the panel · see the list ↓
Bids received 4
Contracts signed 3latest 16 Jun 2022

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

Contracts

  • Contract 023216-2022-1-1

    Signed
    16 Jun 2022
    Value
    £3,315,801
    Status
    active
  • Contract 023216-2022-2-2

    Signed
    16 Jun 2022
    Value
    £143,089
    Status
    active
  • Contract 023216-2022-3-3

    Signed
    16 Jun 2022
    Value
    £617,570
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids———

Contracting authority & participating public bodies

NCG

Contracting authorityPublic bodyBody governed by public lawGeneral public services Rye Hill House, Rye Hill Campus, Scotswood Road, Newcastle upon Tyne, UK, NE4 7SAContact name, email, phone

Dispute resolution & review bodies

  • The High Court of England and WalesReview body London

Suppliers admitted to the dynamic market

3 commercial parties on the notice
  • Alesco Risk Management Services LtdAdmitted to the market The Walbrook Building, 25Walbrook, London,, London, UK, EC4N8AWContact email
  • Risk Management PartnersAdmitted to the market The Walbrook Building, 25 Walbrook,, London, UK, EC3N 8AWContact email
  • Zurich MunicipalAdmitted to the market The Zurich Centre, 3000 Parkway, Whiteley, Fareham, Hampshire, UK, PO15 7JZContact email

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.