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Published 25 Apr 2022, 17:09 BST

Official UK procurement notice

The Riverside Group / One Housing Group Insurance and Related Services

Official notice

Authority: One Housing

5 lotsServicesCompetitive procedure with negotiationMax 5 lots to bidMax 5 lots per supplier
Sectors: Financial and insurance services (66) Delivery: UK
Published estimate£41,420,369total for 5 lots
Submissions closed 23 May 2022awarded 30 Nov 2022
Awarded to Marsh Ltd3 awards
Contract term 3 yrsends 30 Nov 2025 · extension options published · starts 1 Dec 2022

What is being bought5 lots · detail below

Published requirement description

The Riverside Group / One Housing Group are seeking proposals from companies in the Insurance Sector to provide an insurance coverage programme for three years with the option to extend for a further two years.

Insurance and related services for property (buildings), insurable risks, motor insurance, public and employers liability, other general (non-life) insurance and various optional insurances as required by The Riverside Group /One Housing Group.

  • Recurrence: Between 3 or 5 years from the date of this Notice

CPV: Contractor's all-risk insurance services · Damage or loss insurance services · Financial and insurance services · Financial loss insurance services · Fire insurance services · General liability insurance services · Insurance brokerage and agency services · Insurance brokerage services · Insurance claims adjustment services · Insurance services · Legal expenses insurance services · Liability insurance services · +6 more

Lots and requirements (5)Procurement structure

5 lots · all with a published value (£79,547,121 together) · a supplier may bid for at most 5 and win at most 5 of them · same evaluation weights on every lot
Lot #1The Riverside Group / One Housing Group Insurance and Related ServicesAwardedRenewal 3 yrsPublished value£38,126,753

programme of General (non-life) insurance and related services for

The Riverside Group /One Housing Group. 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 Riverside Group /One Housing Group.

This Lot excludes: Motor (See Lot 2), Cyber (See Lot 3), Terrorism (See Lot 4)

Contract period: 1 Dec 2022 – 30 Nov 2025 (3 yrs)
Delivery: UK
Extensions: The Riverside Group/One Housing Group will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · The Riverside Group/One Housing Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66513100 Legal expenses insurance services66513200 Contractor's all-risk insurance services66515000 Damage or loss insurance services66515100 Fire insurance services66515200 Property insurance services66515410 Financial loss insurance services
Lot #2Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)AwardedRenewal 3 yrsPublished value£2,135,436

Insurance and related services for motor vehicle risks (possibly including Motor

legal expenses and Occasional business use extensions).

Contract period: 1 Dec 2022 – 30 Nov 2025 (3 yrs)
Delivery: UK
Extensions: The Riverside Group/One Housing Group will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · The Riverside Group/One Housing Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66514110 Motor vehicle insurance services66516100 Motor vehicle liability insurance services66517300 Risk management insurance services66518000 Insurance brokerage and agency services
Lot #3Insurance and related services associated with Cyber risks for The Riverside Group/One Housing GroupCancelledRenewal 3 yrsPublished value£93,838

Insurance and related services associated with Cyber risks for The Riverside Group/One

Housing Group.

Contract period: 1 Dec 2022 – 30 Nov 2025 (3 yrs)
Delivery: UK
Extensions: The Riverside Group/One Housing Group will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · The Riverside Group/One Housing Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66000000 Financial and insurance services66510000 Insurance services66515000 Damage or loss insurance services66517300 Risk management insurance services66518000 Insurance brokerage and agency services
Lot #4Insurance and related services associated with Terrorism Risks for The Riverside Group/One Housing GroupAwardedRenewal 3 yrsPublished value£1,064,342

Insurance and related services associated with Terrorism risks for The Riverside Group/One

Housing Group.

Contract period: 1 Dec 2022 – 30 Nov 2025 (3 yrs)
Delivery: UK
Extensions: The Riverside Group/One Housing Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · The Riverside Group/One Housing Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66000000 Financial and insurance services66510000 Insurance services66516000 Liability insurance services66517300 Risk management insurance services66518100 Insurance brokerage services
Lot #5Insurance and related services associated with Alternative Risk Financing Insurance for The Riverside Group/One Housing GroupCancelledRenewal 3 yrsPublished value£38,126,753

Insurance and related services associated with Alternative Risk Financing

Insurance for The Riverside Group/One Housing Group

Contract period: 1 Dec 2022 – 30 Nov 2025 (3 yrs)
Delivery: UK
Extensions: The Riverside Group /One Housing Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. · The Riverside Group /One Housing Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.Second stage: 3–7 candidates invited to tenderVariant bids: not allowed
66510000 Insurance services66517300 Risk management insurance services66518300 Insurance claims adjustment services

What it takes to win
i

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 more
How bids were scored · same split on all 5 lots
Quality: 50%Price: 50%
Published award criteria (2)
  • Quality: 50
  • Price: 50
Lot distribution rule: Lots 1 - 5 will be individually evaluated and multiple awards may result. Where the responder is an insurance Broker, it may choose to place the insurance(s) required within each Lot with different insurers at it's discretion, but full details of the risk carrier(s) will be required.
Conditions of participation4
  • Suitability

    Potential suppliers will be required to provide an overview of relevant services provided to property owners, public sector organisations, social landlords or other similar 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 level(s) of standards possibly required (if applicable) :

    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 the case of any rating less than A-, the contracting authority will evaluate and accept the nominated insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the ITT bid deadline of the bidder’s market security committee’s latest report, including written recommendation from the bidder’s market security committee.

  • 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
What this means for your bid
  • Price carries 50 of 100 points: a 10% discount moves about 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 · 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
Yes · Between 3 or 5 years from the date of this Notice
First published
25 Apr 2022, 17:09 BST
Last source update
9 Jan 2023, 12:24 GMT
Authority reference
1397
FTS notice number
2023/S 000-000519
Classification (CPV)
Contractor's all-risk insurance servicesDamage or loss insurance servicesFinancial and insurance servicesFinancial loss insurance servicesFire insurance servicesGeneral liability insurance servicesInsurance brokerage and agency servicesInsurance brokerage servicesInsurance claims adjustment servicesInsurance services
+8 moreLegal expenses insurance servicesLiability insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-03302e Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic payment
Performance terms

Not Provided

Review and risk notes
Review procedure

The Contracting Authority will observe a standstill period following the award of the contract and will conduct itself in accordance with the Public Contracts Regulations 2015.

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 your 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
Run through: EU-Supply (CTM) · Who buys & how to bid on EU-Supply
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free · 5–10 minutes
Submission deadline
23 May 2022, 12:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

uk.eu-supply.com/app/rfq/rwlentrance_… ↗

Timeline

23 May 2022 → 9 Jan 2023 · 5 dates
  1. Submission deadline
    23 May 2022, 12:00 BST
  2. Invitations to tender expected
    31 May 2022, 00:00 BST
  3. Contract starts
    1 Dec 2022
  4. Bids must remain valid until
    1 Jan 2023, 23:59 GMT
  5. Notice published
    9 Jan 2023, 12:24 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    9 Jan 2023, 12:24 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 5
Awarded value £25,668,6013 contracts exc. VAT
Bids received 7
Contracts signed 3latest 30 Nov 2022
Awarded toValueDateStatus
Lot 1 · The Riverside Group / One Housing Group Insurance and Related Services1 award
Marsh LtdMain Programme Lot 1 - The Riverside Group / One Housing Group Insurance and Related Services£24,627,932 †—Awarded
Lot 2 · Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)1 award
Marsh LtdMotor Lot 2 - The Riverside Group / One Housing Group£524,170 †—Awarded
Lot 4 · Insurance and related services associated with Terrorism Risks for The Riverside Group/One Housing Group1 award
Marsh LtdTerrorism Lot 4 - The Riverside Group / One Housing Group£516,498 †—Awarded

2 further award records carry no date or value.

Contracts

  • Main Programme Lot 1 - The Riverside Group / One Housing Group Insurance and Related Services · Marsh Ltd

    Signed
    30 Nov 2022
    Value
    £24,627,932
    Period
    … – 30 Nov 2025
    Status
    active

  • Motor Lot 2 - The Riverside Group / One Housing Group · Marsh Ltd

    Signed
    30 Nov 2022
    Value
    £524,170
    Period
    … – 30 Nov 2025
    Status
    active

  • Terrorism Lot 4 - The Riverside Group / One Housing Group · Marsh Ltd

    Signed
    30 Nov 2022
    Value
    £516,498
    Period
    … – 30 Nov 2025
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · The Riverside Group / One Housing Group Insurance and Related Services2bids · 2 electronic0——
2 · Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)2bids · 2 electronic0——
4 · Insurance and related services associated with Terrorism Risks for The Riverside Group/One Housing Group3bids · 3 electronic0——

Contracting authority & participating public bodies

One Housing

Contracting authorityBody governed by public lawHousing and community amenities NA Atelier House, 64 Pratt Street, London, UK, NW1 0DLContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Body responsible for mediation proceduresMediation body LondonContact phone
  • Cabinet OfficeReview contact point London
  • The High Court of England and WalesReview body LondonContact phone

Bidders & participating suppliers

2 commercial parties on the notice
  • Marsh LtdAwarded supplier 1 Tower Place West Tower Place , London, UK, EC3R 5BU
  • Marsh Ltd.Awarded supplier 1 Tower Place West Tower Place , London, UK, EC3R 5BU

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.