Contract

Provision of Insurance Services for Leasehold Right to Buy Property (excluding provision of insurance broker service)

  • London Borough of Hackney

F03: Contract award notice

Notice identifier: 2021/S 000-005703

Procurement identifier (OCID): ocds-h6vhtk-029db8

Published 21 March 2021, 7:46pm



Section one: Contracting authority

one.1) Name and addresses

London Borough of Hackney

The Annexe, 2 Hillman Street

Hackney

E8 1DY

Contact

Ms Jacqueline Rutherford

Email

jacqueline.rutherford@hackney.gov.uk

Telephone

+44 2083565454

Country

United Kingdom

NUTS code

UK - United Kingdom

Internet address(es)

Main address

http://www.hackney.gov.uk

Buyer's address

http://www.hackney.gov.uk

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Provision of Insurance Services for Leasehold Right to Buy Property (excluding provision of insurance broker service)

Reference number

DN490819

two.1.2) Main CPV code

  • 66510000 - Insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

The London Borough was seeking tender submissions for annual insurance cover commencing from 1 April 2021 under a long term agreement (LTA) for a minimum period of 3 years with option to extend for a further 2 years at the authority's sole discretion.

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: £10,000,000

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

Property insurance in respect of leasehold right to buy comprising material damage (perils as specified within the invitation to tender) business interruption to include loss of rental income and/ or alternative accommodation and property owner liability insurance.

two.2.5) Award criteria

Quality criterion - Name: Quality Criteria / Weighting: 35%

Price - Weighting: 65%

two.2.11) Information about options

Options: Yes

Description of options

The contract is for 36 months. At the end of the 3 year contract there will be an option to extend up to a further 2 year period.

two.2.13) Information about European Union Funds

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


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

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: 2020/S 157-384655


Section five. Award of contract

Contract No

DN490819

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

26 February 2021

five.2.2) Information about tenders

Number of tenders received: 4

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from other EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 4

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Oaso SA

3rd Floor 12 Appold Street London

Hackney

EC2A 2AW

Email

Natalie.newell@ocaso.co.uk

Telephone

+44 020773776465

Country

United Kingdom

NUTS code
  • UK - United Kingdom
National registration number

FC009544

Internet address

http://www.hackney.gov.uk

The contractor is an SME

No

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

Total value of the contract/lot: £2,269,444.46


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

London Borough of Hackney

Hackney Town Hall Mare Street London

Hackney

E8 1EA

Email

jacqueline.rutherford@hackney.gov.uk

Telephone

+44 2083565454

Country

United Kingdom

Internet address

http://www.hackney.gov.uk

six.4.2) Body responsible for mediation procedures

High Court of Justice

The Strand

London

WC2A 2LL

Email

adminstrativecourtoffice.generaloffice@nmctsxgsi.gov

Telephone

+44 2079476000

Country

United Kingdom

Internet address

http://www.hackney.gov.uk

six.4.3) Review procedure

Precise information on deadline(s) for review procedures

High Court of Justice the Strand WC2A 2LL.

The review procedure as set out in the Public Contract Regulation 2015. Proceeding under the Public Contract Regulation 2015 are time limited and ay such proceeding must be brought to the High Court England and Wales.

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

London Borough of Hackney

Town Hall Mare Street

Hackney

E8 1EA

Email

jacqueline.rutherford@hackney.gov.uk

Telephone

+44 2083565454

Country

United Kingdom

Internet address

http://www.hackney.gov.uk