Tender

Insurance for Spelthorne Borough Council Investment Portfolio

  • Surrey & Boarders Partnership NHS on behalf of NHS Commercial Solutions

UK4: Tender notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-049022

Procurement identifier (OCID): ocds-h6vhtk-0588a5

Published 15 August 2025, 10:30am



Scope

Description

Suppliers are required to offer an insurance policy that will cover property and associated covers as required suitable for a property owner. This shall include cover for building, rent, property owners liability and engineering inspection and insurance for the whole portfolio.

This contracted is being managed by Marsh McLennan and NHS Commercial Solutions on behalf of Spelthorne Borough Council.

Total value (estimated)

  • £708,333 excluding VAT
  • £850,000 including VAT

Above the relevant threshold

Contract dates (estimated)

  • 26 September 2025 to 25 September 2028
  • 3 years

Main procurement category

Services

CPV classifications

  • 66515200 - Property insurance services

Contract locations

  • UK - United Kingdom

Participation

Legal and financial capacity conditions of participation

Suppliers must be authorized and registered with the Financial Conduct Authority (FCA)

Technical ability conditions of participation

Suppliers insurers must possess a minimum financial strength rating of 'A' or equivalent from a recognized rating agency


Submission

Tender submission deadline

26 August 2025, 12:00pm

Submission address and any special instructions

https://www.marshmclennan.com/

Submissions must be made via email to mark.jackson01@marsh.com

Tenders may be submitted electronically

Yes

Languages that may be used for submission

English

Award decision date (estimated)

15 September 2025


Award criteria

This table contains award criteria for this lot
Name Type Weighting
Price Price 50.00%
Terms and Conditions and Exclusions Quality 20.00%
Cover Analysis Quality 15.00%
Insurer Responsiveness Quality 15.00%

Other information

Conflicts assessment prepared/revised

Yes


Procedure

Procedure type

Open procedure

Reduced tendering period

Yes

State of urgency - minimum 10 days

Justification for not publishing a preliminary market engagement notice

The contracting authority has sufficient knowledge of the market, gained through recent similar procurements and ongoing supplier engagement.


Contracting authority

Surrey & Boarders Partnership NHS on behalf of NHS Commercial Solutions

  • Public Procurement Organisation Number: PLDZ-3358-YMVH

The Atrium, Curtis Road

Dorking

RH4 1XA

United Kingdom

Region: UKJ26 - East Surrey

Organisation type: Public authority - central government