Official UK procurement notice
Provision of a Tenants Contents Insurance Scheme
Authority: Falkirk Council (Local council)
What is being bought
Published requirement descriptionThe contract is for the provision of Tenants Contents and related services, including claims handling, as required by Falkirk Council.
Bids are invited from suitably qualified insurance brokers and direct providers for the entire scope of services.
The Council is seeking to appoint an insurance supplier for the provision of Tenants Contents and related services for 5 years.
- Recurrence: March 2030
CPV: Insurance services
The lotProcurement structure
single lot · no lot value publishedLot #1Provision of a Tenants Contents Insurance Scheme as set out within the Invitation to…CancelledRenewal
Provision of a Tenants Contents Insurance Scheme as set out within the Invitation to Tender Documents. Additional information: The intention of the Council that any Contract resulting from this ITT will be for a period of five years.
The Contract will be awarded on the basis of the Most Economically Advantageous Tender with 40% of the overall evaluation score given to quality and 60% of the overall evaluation score given to price.
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 (6)
- Policy Cover: 60
- Staffing structure: 10
- Service & Account Management: 10
- Response to Enquiries: 10
- Marketing: 10
- price: 60
Published award criteria (6)
- Policy Cover: 60
- Staffing structure: 10
- Service & Account Management: 10
- Response to Enquiries: 10
- Marketing: 10
- Price: 60
- Suitability
- Authorised by the Financial Conduct Authority (FCA) to carry out regulated financial service activities;
- Comply with Conduct of business sourcebook (ICOBS) Rules of the Financial Conduct Authority (FCA) for regulating the conduct of the business of authorised persons;
- Be regulated for the sale of insurance products in the EU under the insurance distribution directive (IDD) adopted in 2016;
- Authorised to do so under Part 4A of the Financial Services and Markets Act 2000 (FSMA), or authorised by the supervisory authority in another EEA member state and passported into the UK.
- Provide terms via insurance companies or backed managing general agents with an AM Best and / or Fitch rating no less than A other when a parental guarantee can be provided with an A Rating
- Economic & financial standing
A Credit safe credit scoring check will be ran on registered Company Name and Company Number provided by the bidder. Where the resulting Credit Rating score is less than 30/100 the bidder may be excluded from the tender process unless suitable financial information is provided that gives satisfactory assurances to the Council regarding financial risk in appointing the bidder to the contract
Minimum: Bidders must have or commit to obtain the following insurances:- Employer’s (Compulsory) Liability Insurance = 10 Million GBP - Technical & professional ability
Bidders must meet the following requirements;
- Authorised by the Financial Conduct Authority (FCA) to carry out regulated financial service activities;
- Comply with Conduct of business sourcebook (ICOBS) Rules of the Financial Conduct Authority (FCA) for regulating the conduct of the business of authorised persons;
- Be regulated for the sale of insurance products in the EU under the insurance distribution directive (IDD) adopted in 2016;
- Authorised to do so under Part 4A of the Financial Services and Markets Act 2000 (FSMA), or authorised by the supervisory authority in another EEA member state and passported into the UK.
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 60 of 160 points: a 10% discount moves about 6 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
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Cancelled
- 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 · March 2030
- First published
- 7 Mar 2025, 09:22 GMT
- Last source update
- 8 Sept 2025, 08:32 BST
- Award evaluation window
- 7 Apr 2025 – …
- Authority reference
FIN/026/25- FTS notice number
2025/S 000-054480- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04ea5aFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: The intention of the Council is that any Contract resulting from this ITT will be for a period of five years. The Contract will be awarded on the basis of the Most Economically Advantageous Tender with 40% of the overall evaluation score given to quality and 60% of the overall evaluation score given to price. A Creditsafe credit scoring check will be ran on registered Company Name and Company Number provided by the bidder. Where the resulting Credit Rating score is less than 30/100, the Bidder may be excluded from the tender process unless suitable financial information is provided that give satisfactory assurances to the Council regarding financial risk in appointing the bidder to the proposed framework. Bidders must have or commit to obtain the following insurances:Employer’s (Compulsory) Liability Insurance = 10 Million GBP Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems. (SC Ref:809531)
How it was run
Official notice- Submission deadline
- 7 Apr 2025, 11:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 7 Apr 2025, 11:00 BST
Timeline
7 Apr 2025 → 8 Sept 2025 · 3 dates- Submission deadline7 Apr 2025, 11:00 BST
- Bids opened7 Apr 2025, 11:00 BST
- Notice published8 Sept 2025, 08:32 BST
Notice history
1 event · 3 releases on Find a Tender- Status changed to unsuccessful8 Sept 2025, 08:32 BST
Published amendments (1)
Deadline for Receipt of Tenders has been amended IV.2.2) Time limit for receipt of tenders or requests to participate Date: 07/04/2025 Local time: 11:00 Deadline for Receipt of Tenders has been amended from 07 April 2025 at 1100 to 14 April 2025 at 1100 Deadline for submission of questions has been amended from 31 March 2025 at 1100 to 07 April 2025 at 1100 This has been amended due to changes wit…
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast1 further award records carry no date or value.
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Falkirk Sheriff Court and Justice of the Peace CourtReview body
Official documents & specifications (1)
Official links; attachments are not copiedTender pack and attachments
- Technical selection criteria