Contract

Provision of Insurance and related services to The Cambridge Housing Society Limited and its subsidiary Companies

  • The Cambridge Housing Society Limited

F03: Contract award notice

Notice identifier: 2022/S 000-006013

Procurement identifier (OCID): ocds-h6vhtk-02fe04

Published 4 March 2022, 11:34am



Section one: Contracting authority

one.1) Name and addresses

The Cambridge Housing Society Limited

Endurance House, Chivers Way, Histon,

Cambridge

CB249ZR

Contact

Marc Bentley

Email

marc.bentley@chsgroup.org.uk

Telephone

+44 7795410266

Country

United Kingdom

NUTS code

UKH12 - Cambridgeshire CC

Internet address(es)

Main address

https://www.chsgroup.org.uk

one.4) Type of the contracting authority

Other type

Housing Association

one.5) Main activity

Housing and community amenities


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Provision of Insurance and related services to The Cambridge Housing Society Limited and its subsidiary Companies

two.1.2) Main CPV code

  • 66510000 - Insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

The Cambridge Housing Society Limited invited qualified bidders to tender for providing insurance services. this was in the form of either a single lot contract with one supplier for the provision of insurance services or a two lot contract for the provision of insurance services and for Directors & Officers Liability insurance.

two.1.6) Information about lots

This contract is divided into lots: Yes

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

Lowest offer: £374,376.77 / Highest offer: £4,166,655.40 taken into consideration

two.2) Description

two.2.1) Title

Insurance Services

Lot No

1

two.2.2) Additional CPV code(s)

  • 66513100 - Legal expenses insurance services
  • 66515100 - Fire insurance services
  • 66515200 - Property insurance services
  • 66515410 - Financial loss insurance services
  • 66515411 - Pecuniary loss insurance services
  • 66516000 - Liability insurance services
  • 66517300 - Risk management insurance services
  • 66518000 - Insurance brokerage and agency services
  • 66519200 - Engineering insurance services
  • 66519310 - Insurance consultancy services
  • 71631100 - Machinery-inspection services

two.2.3) Place of performance

NUTS codes
  • UKH12 - Cambridgeshire CC

two.2.4) Description of the procurement

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, employment practices liability and engineering insurance with an associated programme of inspections for statutory and other items of engineering plant and equipment.

two.2.5) Award criteria

Cost criterion - Name: Tender Response / Weighting: 30%

Cost criterion - Name: Price / Weighting: 70%

two.2.11) Information about options

Options: Yes

Description of options

The contract shall start from 1st April 2022 and will be for a period of 48 months/4 financial years, with an option to extend by a further period of up to 12 months/1 financial year at CHS's sole discretion.

two.2) Description

two.2.1) Title

Directors & Officers Liability Insurance

Lot No

2

two.2.2) Additional CPV code(s)

  • 66516500 - Professional liability insurance services
  • 66517300 - Risk management insurance services
  • 66518300 - Insurance claims adjustment services

two.2.3) Place of performance

NUTS codes
  • UKH12 - Cambridgeshire CC

two.2.4) Description of the procurement

Insurance and related services associated with Directors and Officers' Liability risks for The Cambridge Housing Society Limited

two.2.5) Award criteria

Cost criterion - Name: Price / Weighting: 70%

Cost criterion - Name: Tender Response / Weighting: 30%

two.2.11) Information about options

Options: Yes

Description of options

The contract shall start from 1st April 2022 and will be for a period of 48 months/4 financial years, with an option to extend by a further period of up to 12 months/1 financial year at CHS's sole discretion.


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: No

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2021/S 000-030349


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

4 March 2022

five.2.2) Information about tenders

Number of tenders received: 2

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

five.2.3) Name and address of the contractor

Marsh Ltd

Reading

Country

United Kingdom

NUTS code
  • UKJ1 - Berkshire, Buckinghamshire and Oxfordshire
The contractor is an SME

No

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

Initial estimated total value of the contract/lot: £1,500,000

Lowest offer: £374,376.77 / Highest offer: £416,655.40 taken into consideration


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

The Cambridge Housing Society Limited

Cambridge

Country

United Kingdom