- 1. Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks
- 2. Insurance and related services for Motor vehicle risks
- 3. Insurance and related services associated with Cyber risks
- 4. Insurance and related services associated with Terrorism Risks
Section one: Contracting authority
one.1) Name and addresses
The Guinness Partnership Ltd
30 Brock Street, Regents Place
London
NW1 3FG
Contact
Chris Brown
Telephone
+44 1612197135
Country
United Kingdom
Region code
UK - United Kingdom
Internet address(es)
Main address
http://www.guinnesspartnership.com/
Buyer's address
http://www.guinnesspartnership.com/
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
Insurance and Related Services for The Guinness Partnership
Reference number
DN635048
two.1.2) Main CPV code
- 66510000 - Insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
The Guinness Partnership require insurance related services for the following areas:
Lot 1 - Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks
Lot 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)
Lot 3 - Insurance and related services associated with Cyber risks
Lot 4 - Insurance and related services associated with Terrorism Risks
Potential suppliers must make costed proposals for insurance arrangements which meet our insurance, risk management and servicing needs in the most appropriate and cost-effective way.
Minimum Requirements
Bidders must be able to meet the following minimum requirements:
• the financial ability to deliver the programme, including insurers with a minimum rating of “B++” from Standard & Poor, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee.
• the ability to provide the Contracting Authority with a choice of suitable insurers and/or suitable cover options
• a skilled and competent service team, which includes client relationship management, insurance claims management, insurance broking / underwriting and insurable risk managers
• the delivery of quality service to the Contracting Authority and our clients, including that provided to us by any third-party contractor employed by you or by the Insurer(s) you propose
Full Service Specification for all Lots can be found in Section 4 Specification of the 'Draft ITT Main Body' Document available with this Contract Notice
Estimated annual value for all LOTs is £8.675m per annum.
two.1.6) Information about lots
This contract is divided into lots: Yes
two.1.7) Total value of the procurement (excluding VAT)
Lowest offer: £834,650 / Highest offer: £36,808,856 taken into consideration
two.2) Description
two.2.1) Title
Lot No
4
two.2.2) Additional CPV code(s)
- 66514110 - Motor vehicle insurance services
- 66515200 - Property insurance services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
The Guinness Partnership require insurance related services for the following areas:
Lot 1 - Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks
Lot 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)
Lot 3 - Insurance and related services associated with Cyber risks
Lot 4 - Insurance and related services associated with Terrorism Risks
two.2.5) Award criteria
Quality criterion - Name: Quality / Weighting: 40
Price - Weighting: 60
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
Competitive procedure with negotiation
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: 2022/S 000-028445
Section five. Award of contract
Lot No
1
Title
Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
19 June 2023
five.2.2) Information about tenders
Number of tenders received: 2
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Zurich Insurance PLC
Fareham
PO15 7JZ
Country
United Kingdom
NUTS code
- UKC - North East (England)
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: £36,808,856.85
Total value of the contract/lot: £36,808,856.85
Section five. Award of contract
Lot No
2
Title
Insurance and related services for Motor vehicle risks
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
19 June 2023
five.2.2) Information about tenders
Number of tenders received: 4
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Marsh Limited
London
EC3R 5BU
Country
United Kingdom
NUTS code
- UK - United Kingdom
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: £4,243,754.1
Total value of the contract/lot: £4,243,754.1
Section five. Award of contract
Lot No
3
Title
Insurance and related services associated with Cyber risks
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
19 June 2023
five.2.2) Information about tenders
Number of tenders received: 4
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Weald Insurance Brokers Ltd
East Grinstead
RH19 1LB
Country
United Kingdom
NUTS code
- UK - United Kingdom
The contractor is an SME
Yes
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £834,650
Total value of the contract/lot: £834,650
Section five. Award of contract
Lot No
4
Title
Insurance and related services associated with Terrorism Risks
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
19 June 2023
five.2.2) Information about tenders
Number of tenders received: 6
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Weald Insurance Brokers Ltd
East Grinstead
RH19 1LB
Country
United Kingdom
NUTS code
- UK - United Kingdom
The contractor is an SME
Yes
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £1,245,000
Total value of the contract/lot: £1,245,000
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Public Procurement Review Service, Cabinet Office
London
Country
United Kingdom