Section one: Contracting authority
one.1) Name and addresses
Pool Re Services LIMITED
Equitable House, 47 King William St
London
EC4R 9AF
Contact
Commercial Services
commercialservices@poolre.co.uk
Country
United Kingdom
Region code
UK - United Kingdom
Internet address(es)
Main address
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
https://poolre.ukp.app.jaggaer.com/esop/ogc-host/public/poolre/web/login.jst
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
https://poolre.ukp.app.jaggaer.com/esop/ogc-host/public/poolre/web/login.jst
Tenders or requests to participate must be submitted to the above-mentioned address
Electronic communication requires the use of tools and devices that are not generally available. Unrestricted and full direct access to these tools and devices is possible, free of charge, at
https://poolre.ukp.app.jaggaer.com/esop/ogc-host/public/poolre/web/login.jst
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
1
Reference number
PRE00134
two.1.2) Main CPV code
- 72000000 - IT services: consulting, software development, Internet and support
two.1.3) Type of contract
Services
two.1.4) Short description
Pool Re wishes to competitively tender for the provision and implementation of a Risk System. The system must support the assessment , management and reporting of Risks, Risk Indicators, Controls, Risk Events and Actions across the business.
two.1.5) Estimated total value
Value excluding VAT: £280,000
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
Pool Re is the insurance industry’s mutual for reinsuring terrorism risk in Great Britain and operates as an Arm’s Length Body of HM Treasury.
Pool Re wishes to competitively tender for the provision and implementation of a Risk System. The system must support the assessment , management and reporting of Risks, Risk Indicators, Controls, Risk Events and Actions across the business.
Pool Re implemented the Magique Risk system in January 2019. We are looking to fully integrate the system across the key aspects of Pool Re’s Risk Management Framework and potentially expanding the reach of the system across other areas of the business. The system is used by Compliance, Risk, Internal Audit and all the business areas.
Please view the detailed Statement of Requirements in the procurement documents for further information.
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
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
The contract will run for a three-year period with options for Pool
Re, in its absolute discretion to extend for up to a further of two periods of twelve
months.
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 three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
three.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Restricted 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.2.2) Time limit for receipt of tenders or requests to participate
Date
10 July 2024
Local time
2:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: Yes
Estimated timing for further notices to be published: 2027
six.2) Information about electronic workflows
Electronic invoicing will be accepted
Electronic payment will be used
six.4) Procedures for review
six.4.1) Review body
Public Procurement Review Service
Cabinet Office
London
publicprocurementreview@cabinetoffice.gov.uk
Telephone
+44 3450103503
Country
United Kingdom