Contract

Tender for Insurance coverage and associated service (not broking services) in respect of Leasehold Right to Buy Residential Buildings Insurance

  • London Borough of Barking and Dagenham

F03: Contract award notice

Notice identifier: 2024/S 000-013805

Procurement identifier (OCID): ocds-h6vhtk-03debf

Published 29 April 2024, 8:00pm



Section one: Contracting authority

one.1) Name and addresses

London Borough of Barking and Dagenham

Town Hall Square, 1 Clockhouse Avenue

Barking

IG11 7LU

Email

Procurement@lbbd.gov.uk

Telephone

+44 02082153000

Country

United Kingdom

Region code

UKI52 - Barking & Dagenham and Havering

Internet address(es)

Main address

https://www.lbbd.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

Tender for Insurance coverage and associated service (not broking services) in respect of Leasehold Right to Buy Residential Buildings Insurance

two.1.2) Main CPV code

  • 66000000 - Financial and insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

Award of contract for Insurance coverage and associated service (not broking services) in respect of Leasehold Right to Buy Residential Buildings 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: £12,434,856.50

two.2) Description

two.2.1) Title

Leasehold Properties (exc LPS Blocks, Colne House, Mersea House)

Lot No

1a

two.2.2) Additional CPV code(s)

  • 66600000 - Treasury services

two.2.3) Place of performance

NUTS codes
  • UKI52 - Barking & Dagenham and Havering

two.2.4) Description of the procurement

Insurance provision for Leasehold Properties (exc LPS Blocks, Colne House, Mersea House)

two.2.5) Award criteria

Quality criterion - Name: Service delivery / Weighting: 5

Quality criterion - Name: Claims handling / Weighting: 25

Cost criterion - Name: Price / Weighting: 65

Cost criterion - Name: Financial certainty / Weighting: 5

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

two.2) Description

two.2.1) Title

Leasehold Properties (LPS Blocks, Colne House, Mersea House)

Lot No

1b

two.2.2) Additional CPV code(s)

  • 66000000 - Financial and insurance services

two.2.3) Place of performance

NUTS codes
  • UKI52 - Barking & Dagenham and Havering

two.2.4) Description of the procurement

Insurance provision for Leasehold Properties (LPS Blocks, Colne House, Mersea House)

two.2.5) Award criteria

Quality criterion - Name: Service delivery / Weighting: 5

Quality criterion - Name: Claims handling / Weighting: 25

Cost criterion - Name: Price / Weighting: 65

Cost criterion - Name: Financial certainty / Weighting: 5

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

Accelerated procedure

Justification:

This is due to the Council’s current insurer pulling out of the market due to losing its capacity provider.

In order to meet our obligations, it has become necessary to accelerate the procurement process to mitigate the risk of being uninsured for Leaseholder building insurance

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: 2023/S 000-019030

four.2.9) Information about termination of call for competition in the form of a prior information notice

The contracting authority will not award any further contracts based on the above prior information notice


Section five. Award of contract

Lot No

1a

Title

Leasehold Properties (exc LPS Blocks, Colne House, Mersea House)

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

29 September 2023

five.2.2) Information about tenders

Number of tenders received: 1

Number of tenders received from tenderers from non-EU Member States: 1

Number of tenders received by electronic means: 1

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

five.2.3) Name and address of the contractor

Protector Insurance

3 Hardman Street

Manchester

M3 3HF

Country

United Kingdom

NUTS code
  • UKI52 - Barking & Dagenham and Havering
National registration number

FC033034

The contractor is an SME

No

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

Total value of the contract/lot: £12,434,856.50


Section five. Award of contract

Lot No

1b

Title

Leasehold Properties (LPS Blocks, Colne House, Mersea House)

A contract/lot is awarded: No

five.1) Information on non-award

The contract/lot is not awarded

No tenders or requests to participate were received or all were rejected


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

High Court

Strand

London

WC2A 2LL

Country

United Kingdom