Official UK procurement notice
Insurance Pilot Study · UK public procurement notice
Authority: Defra Network eTendering Portal
What is being bought
Published requirement descriptionThe Green Finance Team at Environment Agency have secured funding to carry out a pilot study titled 'Monetising Insurance Benefits of Flood Alleviation Schemes' (the Study) to evaluate the insurance-related financial benefits of Flood Alleviation Schemes in England.
The Environment Agency seeks to appoint a Consultant to carry out the Study.
The Study will evaluate two flood schemes in England viz. Bridgwater Tidal Barrier and Banbury Flood Alleviation Scheme.
CPV: Feasibility study, advisory service, analysis · Financial and insurance services · Financial consultancy services
The lotProcurement structure
single lot · no lot value publishedWhat 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).
- Price
Procedure terms & legal framework
From the official record · publisher note attached- 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
- 25 Oct 2021, 22:45 BST
- Last source update
- 16 Dec 2022, 14:41 GMT
- Award evaluation window
- 31 May 2022 – …
- Authority reference
itt_10257- FTS notice number
2022/S 000-035698- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02efbfFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: The skills and expertise required to register an interest in this procurement: The Consultant is expected to be a firm, or a group of firms, or a consortium of individuals, with preferably previous project experience related to: • Natural Catastrophe Modelling and insurance risk pricing (actuarial services); • Transaction advisory services for public infrastructure investment projects – including working with Governments and private investors. In order to determine the capability and experience of Consultants to be shortlisted (should the procurement go ahead), the information requested at a later date (ITT) will require the following: • Company/group of firms’ profile, organisation and staffing (max. 2-4 pages). • Details of previous project experience or similar assignments particularly undertaken in the previous five years, including information on contract value, contracting entity/client, project location/country, duration (mm/yy to mm/yy), expert months provided (if different from duration) , main activities, objectives. • CVs of key experts who could carry out the Study whilst detailing qualifications, experience in similar assignments, particularly assignments undertaken in the previous five years, including information on contracting entity/client, project location/country, duration (mm/yy to mm/yy), expert months provided, assignment budget, main activities, objectives.
How it was run
Official noticeTender documents are also served through a separate tool: https://defra.bravosolution.co.uk/web/login.html ↗
- Submission deadline
- 1 Jul 2022
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 31 May 2022, 12:00 BST
Timeline
1 Dec 2021 → 16 Dec 2022 · 4 dates- Next notice expected1 Dec 2021
- Bids opened31 May 2022, 12:00 BST
- Submission deadline1 Jul 2022
- Notice published16 Dec 2022, 14:41 GMT
Notice history
5 events · 4 releases on Find a Tender · since 31 May 2022- Published value published: £250,00031 May 2022, 11:08 BST
- Status changed to active31 May 2022, 11:08 BST
- Procurement method changed31 May 2022, 11:08 BST
- Deadline published: 1 Jul 202231 May 2022, 11:08 BST
- Status changed to complete16 Dec 2022, 14:41 GMT
Routine re-releases (4)
- 2021-10: 1 release · 25 Oct 2021
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| McKinsey & Co Inc UKSubcontracting: declared | £249,572 † | — | Awarded |
Contracts
Contract 035698-2022-1 · McKinsey & Co Inc UK
- Signed
- 8 Aug 2022
- Value
- £249,572
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4bids · 4 electronic | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Environment AgencyReview body
- The Environment AgencyReview body
Bidders & participating suppliers
1 commercial party on the notice- McKinsey & Co Inc UKAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.