TenderlineUK
Procurement Intelligence
Search
Find a TenderAwarded
Published 16 Apr 2021, 09:04 BST

Official UK procurement notice

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

Official notice

Authority: Wakefield Council (Local council)

Dynamic market8 lotsServicesRestricted procedure
Sectors: Financial and insurance services (66) Delivery: UK
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 1 Mar 2021
Lots 8see the lot list below

What is being bought8 lots · detail below

Published requirement description

Wakefield is one of five metropolitan districts in West Yorkshire. It has a population of approximately 340,000, making it the eighth largest metropolitan district in the country. It is a diverse area that covers 350 square km of both urban and rural areas. Wakefield has excellent links to the M1, M62 and A1 motorways and has two train stations which enable connections to the East Coast Main Line train service to Leeds, Doncaster and London Kings Cross.

CPV: Financial and insurance services · Insurance services

Lots and requirements (8)Procurement structure

8 lots · no lot values published · evaluation weights differ by lot
Shared scope across 7 of 8 lots

Applies to lots 1, 2, 3, 4, 5, 6, 7.

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

Lot #1Property Damage / Industrial Units / Works in Progress / Money / All Risks / Contract Works / Computer / Balance of RisksCancelled
Delivery: UK
Extensions: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.
66000000 Financial and insurance services
Lot #2Fidelity Guarantee / CrimeCancelled
Delivery: UK
Extensions: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.
66000000 Financial and insurance services
Lot #3Combined LiabilityCancelled
Delivery: UK
Extensions: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.
66000000 Financial and insurance services
Lot #4Motor FleetCancelled
Delivery: UK
Extensions: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.
66000000 Financial and insurance services
Lot #5Fine ArtsCancelled
Delivery: UK
Extensions: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.
66000000 Financial and insurance services
Lot #6Hepworth Combined/Directors and OfficersCancelled
Delivery: UK
Extensions: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.
66000000 Financial and insurance services
Lot #7Engineering Inspection/InsuranceCancelled
Delivery: UK
Extensions: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.
66000000 Financial and insurance services
Lot #8Personal Accident/TravelCancelled

Further Competition under Insurance Placement DPS 978 for Wakefield Council and their appointed Insurance Broker - Aon. Additional information: Total value of the contract: £3,699,003. 00 is for the initial 3 year contract

Delivery: UK
Extensions: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.
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

Lots publish different evaluation splits; there is no single procedure weighting.

LotQualityPriceSplit
1 · Property Damage / Industrial Units / Works in Progress / Money / All Risks / Contract Works / Computer / Balance of Risks50%50%
2 · Fidelity Guarantee / Crime40%60%
3 · Combined Liability50%50%
4 · Motor Fleet50%50%
5 · Fine Arts40%60%
6 · Hepworth Combined/Directors and Officers40%60%
7 · Engineering Inspection/Insurance50%50%
8 · Personal Accident/Travel50%50%
What this means for your bid
  • Price carries 50–60 points depending on the lot; most lots put it at 50 points.
  • “Further Competition under Insurance Placement DPS 978 for Wakefield…” 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
16 Apr 2021, 09:04 BST
Last source update
16 Apr 2021, 09:04 BST
Authority reference
DN511324
FTS notice number
2021/S 000-008003
Classification (CPV)
Financial and insurance servicesInsurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-02a6b4 Find a Tender

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 2admitted to the panel · see the list ↓
Bids received 4
Contracts signed 2latest 1 Mar 2021

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

Contracts

  • Contract 008003-2021-1-1

    Signed
    1 Mar 2021
    Value
    £1,087,028
    Status
    active

  • Contract 008003-2021-2-2

    Signed
    1 Mar 2021
    Value
    £148,507
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids———

Contracting authority & participating public bodies

Wakefield Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services County Hall, Bond Street, Wakefield, UK, WF1 2QWContact name, email, phone

Dispute resolution & review bodies

  • The High Court of England and WalesReview body London

Suppliers admitted to the dynamic market

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

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.