Contract

Property Insurance: Leasehold Flats, Shared Ownership and Mortgaged Properties

  • London Borough of Hackney

F03: Contract award notice

Notice identifier: 2024/S 000-016715

Procurement identifier (OCID): ocds-h6vhtk-03fb9c

Published 29 May 2024, 11:25am



Section one: Contracting authority

one.1) Name and addresses

London Borough of Hackney

Hackney Service Centre, 1 Hillman Street

Hackney

E8 1DY

Contact

Mr Brian Clark

Email

brian.clark@hackney.gov.uk

Telephone

+44 2083563000

Country

United Kingdom

Region code

UKI41 - Hackney and Newham

Internet address(es)

Main address

http://www.hackney.gov.uk

Buyer's address

http://www.hackney.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

Property Insurance: Leasehold Flats, Shared Ownership and Mortgaged Properties

Reference number

DN688626

two.1.2) Main CPV code

  • 66510000 - Insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

Provision property insurance in respect of private dwellings sold on a leasehold basis, cover includes mortgaged properties and some shared ownership where the Council has agreed to continue the insurance arrangements.

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: £23,059,935

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKI41 - Hackney and Newham

two.2.4) Description of the procurement

Provision property insurance in respect of private dwellings sold on a leasehold basis, cover includes mortgaged properties and some shared ownership where the Council has agreed to continue the insurance arrangements.

The dwellings can include houses and bungalows but are generally flats in blocks and flats in houses (maisonettes) where the Council retains the freehold ownership and in some case the leases may state that the Council, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the Service Charge. Other flats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover for these flats are not required.

two.2.5) Award criteria

Quality criterion - Name: Assessment of Policy Cover / Weighting: 15%

Quality criterion - Name: Claims Service / Weighting: 10%

Quality criterion - Name: Added Value and Innovation / Weighting: 5%

Quality criterion - Name: Social Value / Weighting: 5%

Cost criterion - Name: Price for Insurance Cover / Weighting: 65%

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: 2023/S 000-026769

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

Contract No

1

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

1 April 2024

five.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 1

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: 2

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

five.2.3) Name and address of the contractor

Protector Insurance

7th Floor 3 Hardman Street

Manchester

M3 3HF

Email

isabel.povah@protectorinsurance.co.uk

Telephone

+44 7773170648

Country

United Kingdom

NUTS code
  • UKI41 - Hackney and Newham
The contractor is an SME

No

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

Total value of the contract/lot: £23,059,935


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

Royal Courts of Justice

Strand, London

London

WC2A 2LL

Country

United Kingdom