Section one: Contracting authority
one.1) Name and addresses
Pool Reinsurance Company 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.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
PRE00020
two.1.2) Main CPV code
- 66000000 - Financial and insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
The Broker shall be responsible for advising on the structure and design of the reinsurance programme and available types of cover.
They will also be expected to place the property terrorism reinsurance program.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Lowest offer: £675,000 / Highest offer: £3,825,000 taken into consideration
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKI - London
two.2.4) Description of the procurement
The Broker shall be responsible for advising on the structure and design of the reinsurance programme and available types of cover.
They will also be expected to place the property terrorism reinsurance program.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
The initial term of the contract is three years.
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 000-013764
Section five. Award of contract
Contract No
PRE00020
Title
Reinsurance Broking Services
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
11 October 2023
five.2.2) Information about tenders
Number of tenders received: 5
Number of tenders received by electronic means: 5
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Guy Carpenter & Company Limited
Tower Place
London
EC3R 5BU
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)
Lowest offer: £675,000 / Highest offer: £3,825,000 taken into consideration
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Royal Court of Justice
Strand
London
WC2A 2LL
website.enquiries@judiciary.uk
Telephone
+44 02079476000
Country
United Kingdom