TenderlineUK
Procurement Intelligence
Search
Find a TenderAwarded
Published 7 Oct 2022, 10:31 BST

Official UK procurement notice

Further Competition Under Insurance Placement DPS 978 for Notting Hill Genesis and their appointed Insurance Broker - Marsh

Official notice

Authority: NOTTING HILL GENESIS

Dynamic marketServicesRestricted procedure
Sectors: Financial and insurance services (66) Delivery: UK
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 29 Sept 2022

What is being bought

Published requirement description

The Contracting Authority are approaching renewal of their existing Engineering Inspection and

Insurance policy, and in line with Public Procurement legislation, they are tendering this in time for

renewal on 1st April 2022.

This Insurance is being procured competitively and in accordance with the Public Contracts

Regulations 2015, via the YPO Insurance Placement DPS Ref. No: 000978

CPV: Insurance services

The lotProcurement structure

single lot · no lot value published
Lot #1Further Competition Under Insurance Placement DPS 978 for Notting Hill Genesis and…Awarded

Further Competition Under Insurance Placement DPS 978 for Notting Hill Genesis and their appointed Insurance Broker - Marsh

Delivery: UK
Extensions: The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend for up to two further 2 year periods (24 months each), subject to satisfactory performance as reviewed on a year-by-year basis.

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: 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 Notting Hill…” 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
7 Oct 2022, 10:31 BST
Last source update
7 Oct 2022, 10:31 BST
Authority reference
DN630509
FTS notice number
2022/S 000-028196
Classification (CPV)
Insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-0373bd 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 1
Contracts signed 1latest 29 Sept 2022

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

Contracts

  • Contract 028196-2022-1-1

    Signed
    29 Sept 2022
    Value
    £73,500
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids———

Contracting authority & participating public bodies

Notting Hill Genesis

Contracting authorityBody governed by public lawGeneral public services Bruce Kenrick House, 2 Killick Street, London, UK, N1 9FLContact name, email, phone

Dispute resolution & review bodies

  • High Court of England and WalesReview body LondonContact email

Suppliers admitted to the dynamic market

1 commercial party on the notice
  • Aviva PLCAdmitted to the market Pitheavlis, Perth, UK, PH2 0NHContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.