Section one: Contracting authority
one.1) Name and addresses
POOL REINSURANCE COMPANY LIMITED
47 King William Street
London
EC4R 9AF
Contact
Commercial Services
commercialservices@poolre.co.uk
Country
United Kingdom
Region code
UK - United Kingdom
Internet address(es)
Main address
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
Capital Markets Advisor(s)
Reference number
PRE00087
two.1.2) Main CPV code
- 66000000 - Financial and insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
2 suppliers have been appointed for providing innovative non-traditional solutions and accessing broader capital market solutions to enhance the traditional retrocession protections currently placed for Pool Re by Guy Carpenter. Upon closing of each Transaction, the Client will pay, or cause to be paid, to Aon a fee for the Capital Raised in connection with the Transaction concerned (the "Completion Fee"). Upon closing of each Transaction, the Company shall pay, or cause to be paid, to Howden, fees for Securities sold.
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: £1
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
2 suppliers have been appointed for providing innovative non-traditional solutions and accessing broader capital market solutions to enhance the traditional retrocession protections currently placed for Pool Re by Guy Carpenter
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
The initial term of this Agreement shall be three (3) years commencing on the Effective Date (“Initial Term”). The Client shall in its sole discretion have the right to extend the Initial Term of the Agreement by up to two (2) separate extensions, each extension being a period not exceeding one (1) year
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 000-037961
Section five. Award of contract
Contract No
PRE00087
Title
Capital Markets Advisor(s)
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
12 August 2024
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
AON SECURITIES LIMITED
THE LEADENHALL BUILDING, 122 LEADENHALL STREET,
LONDON
EC3V 4AN
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)
Total value of the contract/lot: £1
Section five. Award of contract
Contract No
PRE00087
Title
Capital Markets Advisor(s)
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
12 August 2024
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
TIGERRISK CAPITAL MARKETS & ADVISORY (UK) LIMITED
One Creechurch Place
London
EC3A 5AF
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)
Total value of the contract/lot: £1
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Royal Court of Justice
London
WC2A 2LL
Country
United Kingdom