Section one: Contracting authority
one.1) Name and addresses
LiveWest Homes Limited
1 Wellington Way, Skypark Business Park
Exeter
Country
United Kingdom
NUTS code
UK - United Kingdom
Internet address(es)
Main address
Buyer's address
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
https://procontract.due-north.com/Advert/Index?advertId=9dfc1dcd-35e6-ec11-8115-005056b64545
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
https://procontract.due-north.com/Advert/Index?advertId=9dfc1dcd-35e6-ec11-8115-005056b64545
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Housing and community amenities
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
LiveWest - Provision of Insurance and Related Services
Reference number
DN615951
two.1.2) Main CPV code
- 66000000 - Financial and insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
LiveWest intend to run a tender to contract with a supplier of insurance and related services.
• The nature of the contract is for the provision of Insurance and related services including claims handling services as required by LiveWest and its subsidiary Companies.
• The contract will initially run for three years (or periods of insurance) commencing at midnight on 15 December 2022. LiveWest has the option to extend the contract at its sole discretion for a further period of up to two years.
• For reasons of confidentiality only companies who can demonstrate the minimum requirements mentioned in point 5 will be invited to bid and be in receipt of the full tender package.
• The content of the insurance provide will include:
- Provision of comprehensive buildings insurance for rented and affordable home ownership properties, totalling ca. £6bn insured sums
- Provision of £100m public liability insurance
- Provision of minimum £3m cyber insurance
- Provision of crime policies to indemnify in case of fraud, theft, etc.
- Provision of cover in case of terror attack to indemnify in case of total loss of stock
two.1.5) Estimated total value
Value excluding VAT: £8,000,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
LiveWest intend to run a tender to contract with a supplier of insurance and related services.
• The nature of the contract is for the provision of Insurance and related services including claims handling services as required by LiveWest and its subsidiary Companies.
• The contract will initially run for three years (or periods of insurance) commencing at midnight on 15 December 2022. LiveWest has the option to extend the contract at its sole discretion for a further period of up to two years.
• For reasons of confidentiality only companies who can demonstrate the minimum requirements mentioned in point 5 will be invited to bid and be in receipt of the full tender package.
• The content of the insurance provide will include:
- Provision of comprehensive buildings insurance for rented and affordable home ownership properties, totalling ca. £6bn insured sums
- Provision of £100m public liability insurance
- Provision of minimum £3m cyber insurance
- Provision of crime policies to indemnify in case of fraud, theft, etc.
- Provision of cover in case of terror attack to indemnify in case of total loss of stock
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £8,000,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
36
This contract is subject to renewal
Yes
Description of renewals
Two extension period of 12 months each
two.2.10) Information about variants
Variants will be accepted: No
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: No
four.2) Administrative information
four.2.2) Time limit for receipt of tenders or requests to participate
Date
20 June 2022
Local time
11:55pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.7) Conditions for opening of tenders
Date
1 September 2022
Local time
5:00pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.4) Procedures for review
six.4.1) Review body
LiveWest Homes
Exeter
Country
United Kingdom