Official UK procurement notice
Insurance coverage and associated service (not broking services)
Authority: London Borough of Barking and Dagenham (Local council)·Consortium: 2 public authorities
What is being bought8 lots · detail below
Published requirement descriptionThe Council (the Contracting Authority) tendered and awarded a contract for the provision of insurances coverage and associated services.
The contracts are split into lots as follows:
Lot 1 - General property including Computers, Contract Works, Business Interruption, Special (all) risks and Money.
Lot 2 - Commercial & Industrial properties let to tenants.
Lot 3 - Casualty insurance including Employers/Public/Products Liability, Officials Indemnity, Professional Negligence, Public Health, Hirers Liability and Fidelity Guarantee
Lot 4 - Motor Fleet insurance
Lot 5 - Personal Accident & Travel insurance
Lot 6 - Engineering services (Inspection and Insurance)
Lot 7 - Medical Malpractice
Lot 8 - Fine Art
CPV: Insurance services
Lots and requirements (8)Procurement structure
8 lots · all with a published value (£9,405,000 together) · win at most 8 of them · same evaluation weights on every lotLot #1General property including Computers, Contract Works, Business Interruption, Special (all) risks and MoneyAwardedRenewalPublished value£2,310,000
Insurance services for General property including Computers, Contract Works, Business Interruption, Special (all) risks and Money
Lot #2Commercial & Industrial properties let to tenantsAwardedRenewalPublished value£3,400,000
Insurance services for Commercial & Industrial properties let to tenants
Lot #3Casualty insurance including Employers/Public/Products Liability, Officials Indemnity, Professional Negligence, Public Health, Hirers Liability and Fidelity GuaranteeAwardedRenewalPublished value£2,600,000
Insurance services for Casualty insurance including Employers/Public/Products Liability, Officials Indemnity, Professional Negligence, Public Health, Hirers Liability and Fidelity Guarantee
Lot #4Motor Fleet insuranceAwardedRenewalPublished value£440,000
Insurance service for Motor Fleet insurance
Lot #5Personal Accident & Travel insuranceAwardedRenewalPublished value£75,000
Insurance services for Personal Accident & Travel insurance
Lot #6Engineering services (Inspection and Insurance)AwardedRenewalPublished value£470,000
Insurance services for Engineering services (Inspection and Insurance)
Lot #7Medical MalpracticeAwardedRenewalPublished value£60,000
Insurance services for Medical Malpractice
Lot #8Fine artAwardedRenewalPublished value£50,000
Insurance services for Fine art
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).
Published award criteria (3)
- Quality: 25%
- Social value: 10%
- Price: 65
- Price carries 65 of 100 points: a 10% discount moves about 6.5 points. This one is won on the number: sharpen the price before polishing the prose.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Open 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
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 1 Dec 2022, 16:28 GMT
- Last source update
- 30 Apr 2023, 16:08 BST
- Award evaluation window
- 27 Jan 2023 – …
- FTS notice number
2023/S 000-012415- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0389faFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
How it was run
Official noticeTender documents are also served through a separate tool: https://lbbd.bravosolution.co.uk/ ↗
- Submission deadline
- 27 Jan 2023, 12:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 180 days from the deadline
- Bids opened
- 27 Jan 2023, 12:00 GMT
Timeline
27 Jan 2023 → 30 Apr 2023 · 3 dates- Submission deadline27 Jan 2023, 12:00 GMT
- Bids opened27 Jan 2023, 12:00 GMT
- Notice published30 Apr 2023, 16:08 BST
Notice history
2 events · 2 releases on Find a Tender · since 30 Apr 2023- Status changed to complete30 Apr 2023, 16:08 BST
- Buyer details updated30 Apr 2023, 16:08 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lot 1 · General property including Computers, Contract Works, Business Interruption, Special (all) risks and Money1 award | |||
| Risk Management Partners Ltd | £3,282,506 † | — | Awarded |
| Lot 2 · Commercial & Industrial properties let to tenants1 award | |||
| Risk Management Partners Ltd | £3,117,641 † | — | Awarded |
| Lot 3 · Casualty insurance including Employers/Public/Products Liability, Officials Indemnity, Professional Negligence, Public Health, Hirers Liability and Fidelity Guarantee1 award | |||
| Risk Management Partners Ltd | £2,997,775 † | — | Awarded |
| Lot 4 · Motor Fleet insurance1 award | |||
| Zurich insurance group | £308,000 † | — | Awarded |
| Lot 5 · Personal Accident & Travel insurance1 award | |||
| Risk Management Partners Ltd | £104,552 † | — | Awarded |
| Lot 6 · Engineering services (Inspection and Insurance)1 award | |||
| Zurich insurance group | £597,446 † | — | Awarded |
| Lot 7 · Medical Malpractice1 award | |||
| Risk Management Partners Ltd | £56,924 † | — | Awarded |
| Lot 8 · Fine art1 award | |||
| Risk Management Partners Ltd | £29,191 † | — | Awarded |
Contracts
General property including Computers, Contract Works, Business Interruption, Special (all) risks and Money. · Risk Management Partners Ltd
- Signed
- 1 Apr 2023
- Value
- £3,282,506
- Status
- active
Commercial & Industrial properties let to tenants. · Risk Management Partners Ltd
- Signed
- 1 Apr 2023
- Value
- £3,117,641
- Status
- active
Casualty insurance including Employers/Public/Products Liability, Officials Indemnity, Professional Negligence, Public Health, Hirers Liability and Fidelity Guarantee · Risk Management Partners Ltd
- Signed
- 1 Apr 2023
- Value
- £2,997,775
- Status
- active
Motor Fleet insurance · Zurich insurance group
- Signed
- 1 Apr 2023
- Value
- £308,000
- Status
- active
Personal Accident & Travel insurance · Risk Management Partners Ltd
- Signed
- 1 Apr 2023
- Value
- £104,552
- Status
- active
Engineering services (Inspection and Insurance) · Zurich insurance group
- Signed
- 1 Apr 2023
- Value
- £597,446
- Status
- active
Medical Malpractice · Risk Management Partners Ltd
- Signed
- 1 Apr 2023
- Value
- £56,924
- Status
- active
Fine Art · Risk Management Partners Ltd
- Signed
- 1 Apr 2023
- Value
- £29,191
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · General property including Computers, Contract Works, Business Interruption, Special (all) risks and Money | 2bids · 2 electronic · 2 from abroad | 1 | — | — |
| 2 · Commercial & Industrial properties let to tenants | 2bids · 2 electronic · 2 from abroad | 1 | — | — |
| 3 · Casualty insurance including Employers/Public/Products Liability, Officials Indemnity, Professional Negligence, Public Health, Hirers Liability and Fidelity Guarantee | 3bids · 3 electronic · 3 from abroad | 1 | — | — |
| 4 · Motor Fleet insurance | 3bids · 3 electronic · 3 from abroad | 1 | — | — |
| 5 · Personal Accident & Travel insurance | 2bids · 2 electronic · 2 from abroad | 1 | — | — |
| 6 · Engineering services (Inspection and Insurance) | 2bids · 2 electronic · 2 from abroad | — | — | — |
| 7 · Medical Malpractice | 1bids · 1 electronic · 1 from abroad | 1 | — | — |
| 8 · Fine art | 2bids · 2 electronic · 2 from abroad | 1 | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- The High CourtReview body
Bidders & participating suppliers
2 commercial parties on the notice- Risk Management Partners LtdAwarded supplier
- Zurich InsuranceAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria