Official UK procurement notice
Insurance and Related Services for The Guinness Partnership
Authority: The Guinness Partnership (Public body)·Consortium: 2 public authorities
What is being bought4 lots · detail below
Published requirement descriptionThe Guinness Partnership require insurance related services for the following areas:
Lot 1 - Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks
Lot 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)
Lot 3 - Insurance and related services associated with Cyber risks
Lot 4 - Insurance and related services associated with Terrorism Risks
Potential suppliers must make costed proposals for insurance arrangements which meet our insurance, risk management and servicing needs in the most appropriate and cost-effective way.
Minimum Requirements
Bidders must be able to meet the following minimum requirements:
- the financial ability to deliver the programme, including insurers with a minimum rating of “B++” from Standard & Poor, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee.
- the ability to provide the Contracting Authority with a choice of suitable insurers and/or suitable cover options
- a skilled and competent service team, which includes client relationship management, insurance claims management, insurance broking / underwriting and insurable risk managers
- the delivery of quality service to the Contracting Authority and our clients, including that provided to us by any third-party contractor employed by you or by the Insurer(s) you propose
Full Service Specification for all Lots can be found in Section 4 Specification of the 'Draft ITT Main Body' Document available with this Contract Notice
Estimated annual value for all LOTs is £8.675m per annum.
CPV: Contractor's all-risk insurance services · Damage or loss insurance services · Financial loss insurance services · Fire insurance services · General liability insurance services · Insurance brokerage and agency services · Insurance services · Legal expenses insurance services · Liability insurance services · Motor vehicle insurance services · Motor vehicle liability insurance services · Pecuniary loss insurance services · +3 more
Lots and requirements (4)Procurement structure
4 lots · no lot values published · win at most 4 of them · evaluation weights differ by lotLot #1Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risksRenewal UK
A programme of General (non-life) insurance and related services for The
Guinness Partnership. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners' liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and employment practices liability. This list is to be decided at the sole discretion
of The Guinness Partnership.
This Lot excludes: Motor (See Lot 2), Cyber (See Lot 3), Terrorism (See Lot 4) Additional information: The Guinness Partnership is looking to award to one supplier for this LOT to deliver the required services to The Guinness Partnership and its Subsidiaries.
Lot #2Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)Renewal North East, North West +7
Insurance and related services for motor vehicle risks (possibly including motor
legal expenses and occasional business use extensions). Additional information: The Guinness Partnership is looking to award to one supplier for this LOT to deliver the required services to The Guinness Partnership and its Subsidiaries.
Lot #3Insurance and related services associated with Cyber risks for The Guinness PartnershipRenewal North East, North West +7
Insurance and related services associated with Cyber risks for The Guinness
Partnership.
Lot #4Insurance and related services associated with Terrorism Risks for The Guinness PartnershipAwardedRenewal UK, North East +8
What it takes to wini
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 morei
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).
Lots publish different evaluation splits; there is no single procedure weighting.
- Price carries 60–100 points depending on the lot; most lots put it at 100 points.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Competitive procedure with negotiation
- 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
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Yes
- First published
- 10 Oct 2022, 15:21 BST
- Last source update
- 22 Jun 2023, 08:53 BST
- Authority reference
DN635048- FTS notice number
2023/S 000-017734- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-037475Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. Bidders should note that for reasons of confidentiality, full tender information will be made available only to those bidders that are selected to proceed to the ITT Stage. Sufficient detail is provided within this Notice, the SQ and via the Authority's e-procurement portal to enable the Bidder to decide whether or not to participate in this process. At the ITT stage, all respondents will be required to detail their proposed insurance wordings and provide details of relevant experience of all account servicing, claims handling and risk management staff.
How it was run
Official notice- Submission deadline
- 9 Nov 2022, 15:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
Timeline
9 Nov 2022 → 22 Jun 2023 · 5 dates- Submission deadline9 Nov 2022, 15:00 GMT
- Invitations to tender expected18 Nov 2022
- Bids must remain valid until31 May 2023, 23:59 BST
- Contract starts1 Jun 2023, 00:00 BST
- Notice published22 Jun 2023, 08:53 BST
Notice history
2 events · 2 releases on Find a Tender · since 22 Jun 2023- Status changed to complete22 Jun 2023, 08:53 BST
- Buyer details updated22 Jun 2023, 08:53 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lot 4 · Insurance and related services associated with Terrorism Risks for The Guinness Partnership4 awards | |||
| Zurich insurance groupMain Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks | £36,808,857 † | — | Awarded |
| Marsh LtdInsurance and related services for Motor vehicle risks | £4,243,754 † | — | Awarded |
| Weald Insurance Brokers LimitedInsurance and related services associated with Cyber risks | £834,650 † | — | Awarded |
| Weald Insurance Brokers LimitedInsurance and related services associated with Terrorism Risks | £1,245,000 † | — | Awarded |
Contracts
Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks · Zurich insurance group
- Signed
- 19 Jun 2023
- Value
- £36,808,857
- Period
- … – 31 May 2026
- Status
- active
Insurance and related services for Motor vehicle risks · Marsh Ltd
- Signed
- 19 Jun 2023
- Value
- £4,243,754
- Period
- … – 31 May 2026
- Status
- active
Insurance and related services associated with Cyber risks · Weald Insurance Brokers Limited
- Signed
- 19 Jun 2023
- Value
- £834,650
- Period
- … – 31 May 2026
- Status
- active
Insurance and related services associated with Terrorism Risks · Weald Insurance Brokers Limited
- Signed
- 19 Jun 2023
- Value
- £1,245,000
- Period
- … – 31 May 2026
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 4 · Insurance and related services associated with Terrorism Risks for The Guinness Partnership | 6bids | — | — | — |
| Whole notice | — | — | — | £834,650 – £36,808,856 |
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- Public Procurement Review Service, Cabinet OfficeReview body
Bidders & participating suppliers
3 commercial parties on the notice- Marsh LimitedAwarded supplier
- Weald Insurance Brokers LtdAwarded supplier
- Zurich Insurance PLCAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.