Contract

https://ministryofjusticecommercial.bravosolution.co.uk

  • Ministry of Justice

F25: Concession award notice

Notice identifier: 2023/S 000-013272

Procurement identifier (OCID): ocds-h6vhtk-034898

Published 10 May 2023, 11:30am



Section one: Contracting authority/entity

one.1) Name and addresses

Ministry of Justice

102 Petty France

London

SW1H 9AJ

Email

CCMDFinancialServices@justice.gov.uk

Telephone

+44 02033343555

Country

United Kingdom

Region code

UKI - London

Internet address(es)

Main address

https://www.gov.uk/government/organisations/ministry-of-justice

one.4) Type of the contracting authority

Ministry or any other national or federal authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

https://ministryofjusticecommercial.bravosolution.co.uk

two.1.2) Main CPV code

  • 66500000 - Insurance and pension services

two.1.3) Type of contract

Services

two.1.4) Short description

A contract framework for the provision of Surety Bonds covering the performance of Deputies appointed by the Court of Protection (CoP).

two.1.5) Estimated total value

Value excluding VAT: £3,110,517.50

two.1.6) Information about lots

This concession is divided into lots: No

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

Value excluding VAT: £3,110,517.50

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

To appoint an insurance broker, or brokers, who will be responsible and accountable for the administration and management of the provision of surety bonds and for the procurement exercise to select a suitable insurer or insurers, for the provision of surety bonds.

The Public Guardian (PG) was created under the Mental Capacity Act (2005). The OPG is an executive agency of the Ministry of Justice (MoJ) that supports the PG in discharging his duties.

The Mental Capacity Act (2005) makes provisions for ways in which decisions can be made on behalf of people in circumstances where they may be incapable of making such decisions personally. In such cases where the person has property or finances and no attorney in place, it will be necessary to apply to the CoP for an appropriate deputyship order.

Where the CoP appoints a deputy, it may require a surety bond to be in place for the protection of the person's property and, or, finance. The Surety Bond is a guarantee to pay any financial losses arising from the deputy's failure to fulfil their agreed duty. The CoP decides the value of the Surety Bond.

two.2.5) Award criteria

Concession is awarded on the basis of the criteria described below:

  • Criterion: Technical = 80%
  • Criterion: Commercial = 20%

two.2.7) Duration of the concession

Start date

1 April 2023

End date

31 March 2030

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) Form of procedure

Award procedure with prior publication of a concession notice

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2022/S 000-016883


Section five. Award of concession

A concession/lot is awarded: Yes

five.2) Award of concession

five.2.1) Date of concession award decision

13 January 2023

five.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received by electronic means: 3

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

five.2.3) Name and address of the concessionaire

Howden Insurance Brokers Limited

One Creechurch Place

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

00725875

The concessionaire is an SME

No

five.2.4) Information on value of concession and main financing terms (excluding VAT)

Total value of the concession/lot: £3,110,517.50


Section five. Award of concession

A concession/lot is awarded: Yes

five.2) Award of concession

five.2.1) Date of concession award decision

13 January 2023

five.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received by electronic means: 3

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

five.2.3) Name and address of the concessionaire

Marsh Limited

1 Tower Place West, Tower Place

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

1507274

The concessionaire is an SME

No

five.2.4) Information on value of concession and main financing terms (excluding VAT)

Initial estimated total value of the contract/lot/concession: £3,110,517.50

Total value of the concession/lot: £3,110,517.50


Section five. Award of concession

A concession/lot is awarded: Yes

five.2) Award of concession

five.2.1) Date of concession award decision

13 January 2023

five.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received by electronic means: 3

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

five.2.3) Name and address of the concessionaire

Insync Insurance Solutions Limited

7th Floor, Corn Exchange 55 Mark Lane

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

08810662

The concessionaire is an SME

No

five.2.4) Information on value of concession and main financing terms (excluding VAT)

Initial estimated total value of the contract/lot/concession: £3,110,517.50

Total value of the concession/lot: £3,110,517.50


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

Ministry of Justice

5 Wellington Place

Leeds

LS1 4AP

Country

United Kingdom