Contract

SPS 2521 - Leasehold (RTB) Properties Insurance

  • Royal Borough of Greenwich

F03: Contract award notice

Notice identifier: 2022/S 000-013759

Procurement identifier (OCID): ocds-h6vhtk-02e514

Published 23 May 2022, 11:37am



Section one: Contracting authority

one.1) Name and addresses

Royal Borough of Greenwich

3rd Floor, The Woolwich Centre, 35 Wellington Street, Woolwich

London

SE18 6HQ

Contact

Mr Nick Walker

Email

nick.walker@royalgreenwich.gov.uk

Telephone

+44 2089213627

Country

United Kingdom

NUTS code

UKI51 - Bexley and Greenwich

Internet address(es)

Main address

http://www.royalgreenwich.gov.uk/

Buyer's address

http://www.royalgreenwich.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

SPS 2521 - Leasehold (RTB) Properties Insurance

Reference number

DN572466

two.1.2) Main CPV code

  • 66515200 - Property insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

The Royal Borough of Greenwich is seeking tender submissions for Property Insurance in

respect of leasehold/RTB properties (excluding Broker Services). There is 1 lot.

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: £4,718,182.26

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKI51 - Bexley and Greenwich

two.2.4) Description of the procurement

Royal Borough of Greenwich is seeking tender submissions for Property Insurance in respect

of leasehold/RTB properties, excluding broker services. Detailed description of the service is

provided in the tender documents.

The contract will commence 1st April 2022 under a 3-year Long Term Agreement with the

option to extend for a further 1 year plus 1 year making it a potential contract period of 5

years at the authority's sole discretion.

two.2.5) Award criteria

Quality criterion - Name: Quality - Policy Cover / Weighting: 10

Quality criterion - Name: Quality - Claims Handling / Weighting: 40

Price - Weighting: 50

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: 2021/S 000-023972


Section five. Award of contract

Contract No

SPS 2521 - Property Insurance in respect of leasehold/RTB properties, excluding broker services

Lot No

1

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

2 March 2022

five.2.2) Information about tenders

Number of tenders received: 3

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: 3

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

five.2.3) Name and address of the contractor

Avid insurance services ltd

London

Country

United Kingdom

NUTS code
  • UKI51 - Bexley and Greenwich
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: £4,718,182.26

Total value of the contract/lot: £4,718,182.26


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

High Court of England & Wales

London

Country

United Kingdom

six.4.2) Body responsible for mediation procedures

Cabinet Office

London

Country

United Kingdom

six.4.3) Review procedure

Precise information on deadline(s) for review procedures

Royal Borough of Greenwich incorporated a minimum 10 calendar day Standstill Period

after notification to unsuccessful applicants of the award decision.

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

Royal Borough of Greenwich

London

Country

United Kingdom