Contract

Contract for Leaseholders Property Insurance

  • GATESHEAD COUNCIL

F03: Contract award notice

Notice identifier: 2023/S 000-011143

Procurement identifier (OCID): ocds-h6vhtk-038642

Published 18 April 2023, 4:10pm



Section one: Contracting authority

one.1) Name and addresses

GATESHEAD COUNCIL

Regent Street

Gateshead

NE81HH

Contact

Hannah Millar

Email

hannahmillar@gateshead.gov.uk

Country

United Kingdom

Region code

UKC22 - Tyneside

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

www.gateshead.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

Contract for Leaseholders Property Insurance

Reference number

DN632858

two.1.2) Main CPV code

  • 66510000 - Insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

Gateshead Council has awarded a contract to a suitably qualified and experienced Insurance Company (not broker) to provide Leaseholders Property Insurance.

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: £1,411,004.59

two.2) Description

two.2.2) Additional CPV code(s)

  • 66510000 - Insurance services

two.2.3) Place of performance

NUTS codes
  • UKC2 - Northumberland and Tyne and Wear

two.2.4) Description of the procurement

Gateshead Council has awarded a contract for the provision of its property insurance in respect of private dwellings sold on a leasehold basis, the majority of these were under the Right To Buy (RTB) legislation.

Cover commenced at 00.01am on the 1st April 2023.

two.2.5) Award criteria

Quality criterion - Name: As stated in tender / Weighting: 75

Price - Weighting: 25

two.2.11) Information about options

Options: Yes

Description of options

This contract has the option to extend for a further 2 x 12-month periods.


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: 2022/S 000-032695


Section five. Award of contract

Contract No

DN632858

Title

Contract for Leaseholders Property Insurance

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

30 March 2023

five.2.2) Information about tenders

Number of tenders received: 1

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

five.2.3) Name and address of the contractor

Protector Insurance

Manchester

Country

United Kingdom

NUTS code
  • UKD3 - Greater Manchester
Companies House

FC033034

The contractor is an SME

No

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

Total value of the contract/lot: £1,411,004.59


Section six. Complementary information

six.3) Additional information

The tendered price submitted by the successful supplier was based on the first 12 month period of the contract. In order to arrive at a total awarded contract value the Council has added an additional 10% to the value of each subsequent year of the contract to cover inflation and premium increases.

six.4) Procedures for review

six.4.1) Review body

The Borough Council of Gateshead

Gateshead

Country

United Kingdom