Section one: Contracting authority
one.1) Name and addresses
The Royal Borough of Kensington and Chelsea
Royal Borough of Kensington and Chelsea
London
W8 7NX
Country
United Kingdom
NUTS code
UKI - London
Internet address(es)
Main address
Buyer's address
www.rbkc.gov.uk/business-and-enterprise/business-opportunities-and-procurement/procurement-borough
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
Insurance Tender - Leasehold Buildings Lot 9 Awards 2024-2029
two.1.2) Main CPV code
- 66510000 - Insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
The Royal Borough of Kensington & Chelsea (RBKC) has awarded an insurance tender - Leasehold Buildings Lot
9 Award 2024-2029 contracts to Protector Insurance (Company No: FC033034) for the delivery of Leasehold Buildings insurance.
The tender was carried out using the Open procedure using the Council’s capitalEsourcing portal. The
Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of
February 2024.
The contract will be established for an initial duration of five-year arrangement, premiums are not fixed by
the insurers as they will be subject to annual index linking to reflect the current inflation at that time. This
ensures the Councils’ assets are adequately insured and not subject to under-insurance.
two.1.6) Information about lots
This contract is divided into lots: Yes
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £14,832,860
two.2) Description
two.2.1) Title
Lot No
9
two.2.2) Additional CPV code(s)
- 66510000 - Insurance services
two.2.3) Place of performance
NUTS codes
- UKI - London
two.2.4) Description of the procurement
The objectives of this tender is the contract award for sovereign insurance contract for Leasehold
Buildings that will commence on 1st of April 2024.
The tender was carried out using the Open procedure using the Council’s capitalEsourcing portal.
The Contract Award Criteria was based on the technical specification, which invited bidders to provide policy coverage and claims handling requirements.
The Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of February 2024.
two.2.5) Award criteria
Quality criterion - Name: Price / Weighting: 60%
Quality criterion - Name: Policy Coverage /Specification / Weighting: 10%
Quality criterion - Name: Claims Provision / Service / Weighting: 10%
Quality criterion - Name: Added Value / Weighting: 10%
Quality criterion - Name: Social Value / Weighting: 10%
Price - Weighting: 100%
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
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: 2024/S 000-001799
Section five. Award of contract
Lot No
9
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
4 March 2024
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 Forsikring ASA
Manchester
Country
United Kingdom
NUTS code
- UKI - London
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £14,832,860
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Public Procurement Review Service
70 Whitehall
London
SW1A 2AS
Country
United Kingdom
Internet address
www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit