Official UK procurement notice
Insurance · UK public procurement notice
Authority: Stonewater Limited (Public body)·Consortium: 2 public authorities
What is being bought7 lots · detail below
Published requirement descriptionInsurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Stonewater Limited.
CPV: Financial and insurance services · Insurance services · Motor vehicle insurance services
Lots and requirements (7)Procurement structure
7 lots · all with a published value (£42,000,000 together)Lot #1Insurance and related services associated with Stonewater LimitedAwardedPublished value£6,000,000
A competitive negotiation to provide for the provision of a programme of General insurance and related services for Stonewater Limited. Including Motor fleet risks, Engineering insurance/inspection, Cyber, Terrorism, Directors and Officers Liability. 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, employment practices liability, cyber and terrorism.
Initially the process consisted of 7 lots (1-6 were the individual element and 7 was all elements combined) This was clearly highlighted to the suppliers in the tender documentation. The decision to move to combined service lot was based interest of the suppliers, who had submitted to all services
Lot #2Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)Published value£6,000,000
Competitive negotiation process which will allow the procurement of insurance and related services for motor vehicle risks (possibly including Motor
legal expenses and Occasional business use extensions). Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/respond/U7W2GW9W7T ↗
Access Code : JYVKGE3759
Lot #3nsurance and related services associated with items of Engineering plant and a programme of Engineering inspectionsPublished value£6,000,000
A competitive negotiation for the provision of Engineering Insurance and an associated programme of inspections for statutory and other items of engineering plant and equipment. The Contracting Authority may require that LOLER Certification is planned 5 monthly, which will allow the Association one month to re-book appointments where access has not been gained. In addition, the Contracting Authority requires that the delivery of LOLER visits is done in line with its 'No
access process', this includes evidenced appointments and records of any appointment failures Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/respond/8W722ZJFG9 ↗
Access Code: U7W2GW9W7T
Lot #4Insurance and related services associated with Cyber risks for Stonewater LimitedPublished value£6,000,000
A competitive negotiation process for the provision of Insurance and related services associated with Cyber risks for Stonewater Limited. Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/respond/27Q5KR9756 ↗
Access Code: 8W722ZJFG9
Lot #5Insurance and related services associated with Terrorism Risks for Stonewater LimitedPublished value£6,000,000
A competitive negotiation process for the provision of Insurance and related services associated with Terrorism risks for Stonewater Limited. Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/respond/52384ENBH9 ↗
Access Code: 27Q5KR9756
Lot #6Insurance and related services associated with Directors and Officers' LiabilityPublished value£6,000,000
A competitive negotiation process for the provision of Insurance and related services associated with Excess Directors and Officers'
Liability risks for Stonewater Limited Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/respond/CX35D42N38 ↗
Access Code: 52384ENBH9
Lot #7Insurance and related services associated with Stonewater LimitedPublished value£6,000,000
A competitive negotiation to provide for the provision of a programme of General insurance and related services for Stonewater Limited. Including Motor fleet risks, Engineering insurance/inspection, Cyber, Terrorism, Directors and Officers Liability. 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, employment practices liability, cyber and terrorism.
This lot is a combination of lots 1,2,3,4,5 and 6 Additional information: Access Code CX35D42N38
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 sub-criteria (3)
- Technical Questions: 40%
- Supplier Interviews: 20%
- Price: 40%
Published award criteria (3)
- Technical Questions: 40
- Supplier Interviews: 20
- Price: 40
- Suitability
Potential suppliers will be required to provide an overview of services provided to property owners, public sector
organisations, social landlords or other relevant organisations over the past 5 years, plus details of 3 clients currently
receiving similar services. Potential suppliers will be asked to evidence permissions by the FCA, PRA or other
appropriate regulatory authority indicating the types of insurance/service the bidder is authorised to arrange or
provide.
- Economic & financial standing
The tender documents will require providers to produce financial information in relation to the type of services offered,
including but not limited to 3 years reports and accounts.
.
Minimum: The financial ability to deliver the programme, including Insurers with a minimum rating of ‘BBB’ from standard and poor, ‘B++’ from A M best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. In t… - Technical & professional ability
The tender documents will require providers to detail their relevant professional experience,
resource, skills, qualifications and quality control practices.
Minimum: Not Provided - Technical & professional ability
For Insurance services, Insurers authorised under the Financial services and Markets Act 2000, Insurance Companies
Act 1982 (and any other statutory modifications there of) and regulated by the Prudential regulation authority, UK
Financial conduct authority, or equivalent in another member state of the European economic area. Insurance brokers
registered with and regulated by the Financial conduct authority.
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
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
- Unspecified in notice
- Recurring procurement
- No (one-off requirement)
- First published
- 24 May 2021, 12:15 BST
- Last source update
- 31 Mar 2022, 16:05 BST
- Authority reference
00238-CS- FTS notice number
2022/S 000-008722- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02b442Find a Tender
- Electronic trading
- e-invoicing allowed · electronic payment
- Performance terms
Not provided
- Review procedure
Precise information on deadline(s) for review procedures:
The Contracting Authority will enter into this contract following a 10 calendar day standstill period starting on the day
after the notification of the result. The Public Contracts Regulations 2015 provide for aggrieved parties who have been
harmed or who are at risk of harm by a breach of the Regulations to bring proceedings in the High Court. Any such
proceedings must be brought within the limitation period specified by the Regulations according to the remedy sought.
Publisher note: Stonewater only awarded on lot 7 based on the responses received. The tender documentation confirms that Stonewater had built this flexibility into the pack and clearly explained this to suppliers. By using the one lot it provided better continuity of service to Stonewater and a less time consuming process to all three suppliers which were only interested in the whole service and not individual elements To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=680221356 GO Reference: GO-2022331-PRO-19888844
How it was run
Official notice- Submission deadline
- 22 Jun 2021, 14:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
Timeline
22 Jun 2021 → 31 Mar 2022 · 3 dates- Submission deadline22 Jun 2021, 14:00 BST
- Notice published31 Mar 2022, 16:05 BST
- Bids must remain valid until31 Mar 2022, 23:59 BST
Notice history
2 events · 2 releases on Find a Tender · since 31 Mar 2022- Status changed to complete31 Mar 2022, 16:05 BST
- Buyer details updated31 Mar 2022, 16:05 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lot 1 · Insurance and related services associated with Stonewater Limited1 award | |||
| Marsh Ltd | £6,000,000 † | — | Awarded |
Contracts
Contract 008722-2022-00250-CS-1 · Marsh Ltd
- Signed
- 7 Dec 2021
- Value
- £6,000,000
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · Insurance and related services associated with Stonewater Limited | 3bids · 3 electronic · 3 from abroad | 0 | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- StonewaterReview body
Bidders & participating suppliers
1 commercial party on the notice- Marsh LtdAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.