Tender

CT1280 – Insurance Services

  • The City of Edinburgh Council

F02: Contract notice

Notice identifier: 2024/S 000-029750

Procurement identifier (OCID): ocds-h6vhtk-049ba8

Published 17 September 2024, 4:44pm



Section one: Contracting authority

one.1) Name and addresses

The City of Edinburgh Council

Waverley Court, 4 East Market Street

Edinburgh

EH8 8BG

Email

Ben.Fulton@edinburgh.gov.uk

Country

United Kingdom

NUTS code

UKM75 - Edinburgh, City of

Internet address(es)

Main address

http://www.edinburgh.gov.uk

Buyer's address

https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00290

one.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at

https://www.publiccontractsscotland.gov.uk

Additional information can be obtained from the above-mentioned address

Tenders or requests to participate must be submitted electronically via

https://www.publiccontractsscotland.gov.uk

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://www.publiccontractsscotland.gov.uk

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

CT1280 – Insurance Services

two.1.2) Main CPV code

  • 66510000 - Insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

The City of Edinburgh Council (the Council) requires a contract for the provision of insurance services.

The Council requires insurance cover for the following:

Contractors Plant (own plant and hired plant)

Fine Arts (all risks cover on art exhibits)

Travel (School Journeys, Business Travel and supported carers)

two.1.5) Estimated total value

Value excluding VAT: £608,156

two.1.6) Information about lots

This contract is divided into lots: Yes

Tenders may be submitted for maximum number of lots
3

two.2) Description

two.2.1) Title

Fine Arts

Lot No

2

two.2.2) Additional CPV code(s)

  • 66000000 - Financial and insurance services
  • 66510000 - Insurance services

two.2.3) Place of performance

NUTS codes
  • UKM75 - Edinburgh, City of
Main site or place of performance

City of Edinburgh

two.2.4) Description of the procurement

The City of Edinburgh Council requires insurance cover for Fine Arts.

This is to cover the following:

All risks cover on art exhibits.

All risks cover on art exhibitions and travelling gallery.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 60

Cost criterion - Name: Cost / Weighting: 40

two.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start date

1 November 2024

End date

31 October 2027

This contract is subject to renewal

Yes

Description of renewals

This Framework Agreement will run for a period of three years with the option to extend for a further two year and one year 11 month period.

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

two.2) Description

two.2.1) Title

Contractors Plant (own plant and hired plant)

Lot No

1

two.2.2) Additional CPV code(s)

  • 66510000 - Insurance services
  • 66000000 - Financial and insurance services

two.2.3) Place of performance

NUTS codes
  • UKM75 - Edinburgh, City of
Main site or place of performance

The City of Edinburgh

two.2.4) Description of the procurement

The City of Edinburgh Council requires insurance to cover contractors plant. This includes cover for the Council's own plant and hired plant.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 60

Cost criterion - Name: Cost / Weighting: 40

two.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start date

1 November 2024

End date

31 October 2027

This contract is subject to renewal

Yes

Description of renewals

This Framework Agreement will run for a period of three years with the option to extend for a further two year and one year 11 month period.

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

two.2) Description

two.2.1) Title

Travel

Lot No

3

two.2.2) Additional CPV code(s)

  • 66000000 - Financial and insurance services
  • 66510000 - Insurance services
  • 66514100 - Insurance related to Transport

two.2.3) Place of performance

NUTS codes
  • UKM75 - Edinburgh, City of
Main site or place of performance

City of Edinburgh

two.2.4) Description of the procurement

The City of Edinburgh Council requires insurance cover for travel.

This includes:

School journeys

Business travel

Supported carers

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 60

Cost criterion - Name: Cost / Weighting: 40

two.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start date

1 November 2024

End date

31 October 2027

This contract is subject to renewal

Yes

Description of renewals

This Framework Agreement will run for a period of three years with the option to extend for a further two year and one year 11 month period.

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.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

List and brief description of conditions

It is a mandatory requirement that tendering organisations are authorised by the Financial Conduct Authority (FCA).

three.1.2) Economic and financial standing

List and brief description of selection criteria

Tenderers are required to have a minimum “general” annual turnover of 300000GBP for the last two financial years. Where a Tenderer does not have an annual turnover of this value, the Council may exclude the Tenderer from the competition or may apply discretion seeking supporting evidence to determine the Tenderer’s suitability to proceed in the competition.

Current ratio. The formula for calculating a Tenderer’s current ratio is current assets divided by current liabilities. The acceptable range for each financial ratio is greater than 1.0. Where a Tenderer’s current ratio is less than the acceptable value, the Council may exclude the Tenderer from the competition or may apply discretion seeking supporting evidence to determine the Tenderer’s suitability to proceed in the competition.

Insurance - Employers and Professional Indemnity

Minimum level(s) of standards possibly required

Tenderers are required to have a minimum “general” annual turnover of 300000GBP for the last two financial years.

Current ratio for Current Year: 1.0

Current ratio for Prior Year: 1.0

It is a mandatory requirement that tendering organisations have has a financial rating of “A” or higher from a recognised rating agency (for example AM Best, Fitch, Kroll, Moody’s and Standard & Poor).

Employers (Compulsory) Liability Insurance - GBP5m

Professional Indemnity - GBP5m

three.2) Conditions related to the contract

three.2.2) Contract performance conditions

Please see Specification for details on Key Performance Indicators (KPIs).


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.2.2) Time limit for receipt of tenders or requests to participate

Date

18 October 2024

Local time

2:00pm

four.2.4) Languages in which tenders or requests to participate may be submitted

English

four.2.6) Minimum time frame during which the tenderer must maintain the tender

Duration in months: 4 (from the date stated for receipt of tender)

four.2.7) Conditions for opening of tenders

Date

18 October 2024

Local time

2:00pm


Section six. Complementary information

six.1) Information about recurrence

This is a recurrent procurement: No

six.2) Information about electronic workflows

Electronic ordering will be used

Electronic invoicing will be accepted

Electronic payment will be used

six.3) Additional information

Please refer to tender documentation for further information.

NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=777662.

The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at https://www.publiccontractsscotland.gov.uk/sitehelp/help_guides.aspx.

Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems.

Community benefits are included in this requirement. For more information see: https://www.gov.scot/policies/public-sector-procurement/community-benefits-in-procurement/

A summary of the expected community benefits has been provided as follows:

Community Benefits will be mandated as part of this Framework Agreement. Providers will be asked to outline their proposal for the delivery of Community Benefits in line with the Council’s Community Benefits guidance document. Successful Providers will be added to the Community Benefits system via PCS for monitoring purposes. Please refer to the Community Benefits Guidance document.

(SC Ref:777662)

Download the ESPD document here: https://www.publiccontractsscotland.gov.uk/ESPD/ESPD_Download.aspx?id=777662

six.4) Procedures for review

six.4.1) Review body

Sheriff Court

27 Chambers Street

Edinburgh

EH1 1LB

Country

United Kingdom