Notice Information
Notice Title
Provision of Guardianship (Missing Persons) Surety Bonds
Notice Description
The Office of the Public Guardian (OPG) is an executive agency of the Ministry of Justice (MoJ) that supports the Public Guardian in discharging his duties. The OPG expects to put in place a contract for the provision of surety bonds, also called security bonds, to cover the performance of guardians of missing persons. The tender process will appoint an insurance broker who will be responsible and accountable for the administration and management of the provision of surety bonds. The broker will be responsible for the procurement exercise to select suitable insurer/ insurers for the provision of surety bonds. The Guardianship (Missing Persons) Act 2017 (the Act) was passed to assist families and others to look after the property and financial affairs of a person who is missing. The Act, which comes into force in July 2019, empowers the High Court to appoint a guardian to take control of the property or financial affairs of a missing person. Guardians will be required to act in the best interests of the missing person and to ensure they are carrying out their duties accordingly. The High Court will make an order appointing a guardian, which will specify whether a surety bond is required. The court will decide on the value of the surety. The surety bond is a guarantee to pay any financial losses arising from the Guardian's improper performance or failure to exercise their functions. Guardians will be supervised by the Office of the Public Guardian. The role of the Public Guardian will be similar to his role in the registration and supervision of deputies appointed in respect of persons lacking mental capacity under the Mental Capacity Act 2005. Additional information: The purpose of this PIN is to: a) Inform the market of the prospective opportunity regarding the provision of surety bonds in respect of guardianship of missing persons. b) Notify the market of the supplier engagement day which will take place on Monday 18 February in Birmingham. In the first instance, suppliers should register their interest in attending the supplier day by sending an email to Dashini Ramrous (Dashini.Ramrous1@justice.gov.uk). The email should include company name, supplier representative names (up to 2 attendees) and their contact details (email address and telephone number). The deadline for expressing an interest is 15 February 2019. The Ministry of Justice will then issue an invite to all interested parties and confirm the location, timing and agenda. (c) The contract duration is expected to be two years with the option to extend for two periods of one year (2 + 1 + 1) with an expected start date of July 2019. (d) The Contracting Authority intends to use an eTendering system in this procurement exercise and reserves the right to use a reverse auction.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-b5fd17-de9f9441-e155-452a-b40d-0addaf206b8c
- Publication Source
- Contracts Finder
- Latest Notice
- https://www.contractsfinder.service.gov.uk/Notice/adc89f18-5ead-4cee-baa1-8fd66ee5d4ca
- Current Stage
- Planning
- All Stages
- Planning
Procurement Classification
- Notice Type
- Market Engagement Notice
- Procurement Type
- Standard
- Procurement Category
- Not specified
- Procurement Method
- Not Specified
- Procurement Method Details
- Not specified
- Tender Suitability
- Not specified
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66000000 - Financial and insurance services
66500000 - Insurance and pension services
66510000 - Insurance services
66517000 - Credit and surety insurance services
66517200 - Surety insurance services
66518000 - Insurance brokerage and agency services
66518100 - Insurance brokerage services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 8 Feb 20197 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- 28 Feb 2019Expired
- Award Date
- Not specified
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Planning
- Lots Status
- Not Specified
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- MINISTRY OF JUSTICE.
- Contact Name
- Available with D3 Tenders Premium →
- Contact Email
- Available with D3 Tenders Premium →
- Contact Phone
- Available with D3 Tenders Premium →
Buyer Location
- Locality
- 102 PETTY FRANCE
- Postcode
- SW1H 9AJ
- Post Town
- South West London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI3 Inner London - West
- Small Region (ITL 3)
- TLI35 Westminster and City of London
- Delivery Location
- Not specified
-
- Local Authority
- Westminster
- Electoral Ward
- St James's
- Westminster Constituency
- Cities of London and Westminster
Further Information
Notice Documents
-
https://www.contractsfinder.service.gov.uk/Notice/adc89f18-5ead-4cee-baa1-8fd66ee5d4ca
8th February 2019 - Early engagement notice on Contracts Finder
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.
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