Awarded contract

Property Insurance

  • City of London Corporation

F03: Contract award notice

Notice reference: 2022/S 000-000704

Published 10 January 2022, 10:45pm



Section one: Contracting authority

one.1) Name and addresses

City of London Corporation

Guildhall

London

EC2P 2EJ

Email

Oliqur.Chowdhury@cityoflondon.gov.uk

Telephone

+44 2076063030

Country

United Kingdom

NUTS code

UK - United Kingdom

Internet address(es)

Main address

https://www.cityoflondon.gov.uk/

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Property Insurance

two.1.2) Main CPV code

  • 66510000 - Insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

Contract award notice for the provision of Property Insurance to the City of London Corporation. RSA being the lead insurer and Aviva co-insuring.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £71,285,655

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

Contract award notice for the provision of Property Insurance to the City of London Corporation. RSA being the lead insurer and Aviva co-insuring.

two.2.5) Award criteria

Quality criterion - Name: Technical / Weighting: 50%

Quality criterion - Name: Price / Weighting: 50%

Price - Weighting: 50%

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No

two.2.14) Additional information

Please see Contract Notice Publication reference: 2021/S 000-014763

Publication date: 28 June 2021


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Competitive procedure with negotiation

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2021/S 000-014763


Section five. Award of contract

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

24 December 2021

five.2.2) Information about tenders

Number of tenders received: 5

The contract has been awarded to a group of economic operators: Yes

five.2.3) Name and address of the contractor

RSA Insurance Ltd

20 Fenchurch Street

London

EC3M 3AU

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Aviva Insurance Ltd

1 Undershaft

London

EC3P 3DQ

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £71,285,655


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

High Court, Royal Courts of Justice

Strand

London

Country

United Kingdom

six.4.3) Review procedure

Precise information on deadline(s) for review procedures

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 rules to take action in the High Court (England, Wales and Northern Ireland).

six.4.4) Service from which information about the review procedure may be obtained

High Court, Royal Courts of Justice

Strand

London

Country

United Kingdom