Section one: Contracting authority/entity
one.1) Name and addresses
Ministry of Justice
102 Petty France
London
SW1H 9AJ
Contact
John Anderson
ccmdfinancialservices@justice.gov.uk
Country
United Kingdom
Region code
UK - United Kingdom
Internet address(es)
Main address
https://www.gov.uk/government/organisations/ministry-of-justice
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
https://ministryofjusticecommercial.bravosolution.co.uk
Additional information can be obtained from the above-mentioned address
Applications or, where applicable, tenders must be submitted electronically via
https://ministryofjusticecommercial.bravosolution.co.uk
Applications or, where applicable, tenders 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://ministryofjusticecommercial.bravosolution.co.uk
one.4) Type of the contracting authority
Ministry or any other national or federal authority
one.5) Main activity
General public services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Provision of Surety Bonds
two.1.2) Main CPV code
- 66500000 - Insurance and pension services
two.1.3) Type of contract
Services
two.1.4) Short description
The Office of the Public Guardian (OPG) expects to put in place a contract framework for the provision of Surety Bonds covering the performance of Deputies appointed by the Court of Protection (CoP).
two.1.5) Estimated total value
Value excluding VAT: £3,110,517.50
two.1.6) Information about lots
This concession 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
To appoint an insurance broker, or brokers, who will be responsible and accountable for the administration and management of the provision of surety bonds and for the procurement exercise to select a suitable insurer or insurers, for the provision of surety bonds.
The Public Guardian (PG) was created under the Mental Capacity Act (2005). The OPG is an executive agency of the Ministry of Justice (MoJ) that supports the PG in discharging his duties.
The Mental Capacity Act (2005) makes provisions for ways in which decisions can be made on behalf of people in circumstances where they may be incapable of making such decisions personally. In such cases where the person has property or finances and no attorney in place, it will be necessary to apply to the CoP for an appropriate deputyship order.
Where the CoP appoints a deputy, it may require a surety bond to be in place for the protection of the person's property and, or, finance. The Surety Bond is a guarantee to pay any financial losses arising from the deputy's failure to fulfil their agreed duty. The CoP decides the value of the Surety Bond.
two.2.5) Award criteria
Concession is awarded on the basis of the criteria stated in the procurement documents
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.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions, indication of information and documentation required
Membership Requirements
10.1 In line with Public Guardian Regulations, bonds shall be provided by an "authorised insurance company" and an "authorised deposit-taker".
10.2 "Authorised insurance company" means
(a) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to effect or carry out contracts of insurance;
(b) an EEA firm of the kind mentioned in paragraph 5(d) of Schedule 3 to that Act, which has permission under paragraph 15 of that Schedule to effect or carry out contracts of insurance;
(c) a person who carries on insurance market activity (within the meaning given in section 316(3) of that Act)
10.3 “Authorised deposit-taker” means
(a) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits;
(b) an EEA firm of the kind mentioned in paragraph 5(d) of Schedule 3 to that Act, which has permission under paragraph 15 of that Schedule to accept deposits.
10.4 The definitions of “authorised insurance company” and “authorised deposit-taker” must be read with—
(a) section 22 of the Financial Services and Markets Act 2000;
(b) any relevant order under that section;
(c) Schedule 2 to that Act.
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
three.2) Conditions related to the concession
three.2.1) Information about a particular profession
Execution of the service is reserved to a particular profession
Reference to the relevant law, regulation or administrative provision
As stated in the procurement documents.
three.2.2) Concession performance conditions
As stated in the procurement documents.
Section four. Procedure
four.2) Administrative information
four.2.2) Time limit for submission of applications or receipt of tenders
Date
14 October 2022
Local time
12:00pm
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: At least 6 months prior to the expiry of the contract.
six.2) Information about electronic workflows
Electronic ordering will be used
Electronic invoicing will be accepted
Electronic payment will be used
six.4) Procedures for review
six.4.1) Review body
Ministry of Justice
Leeds
Country
United Kingdom