Section one: Contracting authority
one.1) Name and addresses
UK Infrastructure Bank Limited
4th Floor, One Embankment, Neville Street
Leeds
LS1 4DW
Country
United Kingdom
Region code
UK - United Kingdom
National registration number
Companies House 06816271
Internet address(es)
Main address
Buyer's address
https://atamis-3929.my.site.com/s/Welcome
one.4) Type of the contracting authority
Ministry or any other national or federal authority
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
UKIB Insurance Brokerage to place Group Insurance Policies
Reference number
C0576
two.1.2) Main CPV code
- 66510000 - Insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
This ITT relates to the procurement process by the Buyer to procure an Insurance Brokerage to place Group Insurance Policies (the “Procurement”).
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: £750,000
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
This ITT relates to the procurement process by the Buyer to procure an Insurance Brokerage to place Group Insurance Policies (the “Procurement”).
The Estimated Value of the Procurement incorporates both the Insurance Brokerage and Group Insurance Policy costs across the Contract Term.
two.2.5) Award criteria
Quality criterion - Name: Quality (Technical) / Weighting: 60
Quality criterion - Name: Social Value / Weighting: 10
Cost criterion - Name: Price (Commerical) / Weighting: 30
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: 2024/S 000-008768
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
8 July 2024
five.2.2) Information about tenders
Number of tenders received: 1
Number of tenders received from SMEs: 0
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
Barnett Waddingham LLP
2 London Wall Place
London
EC2Y 5AU
nick.clynes@barnett-waddingham.co.uk
Telephone
+44 1133120805
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: £750,000
Total value of the contract/lot: £750,000
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
The Royal Courts of Justice
Strand
London
WC2A 2LL
Country
United Kingdom