Notice Information
Notice Title
SPS 2521 - Leasehold (RTB) Properties Insurance
Notice Description
The Royal Borough of Greenwich is seeking tender submissions for Property Insurance in respect of leasehold/RTB properties (excluding Broker Services). There is 1 lot.
Lot Information
Lot 1
Royal Borough of Greenwich is seeking tender submissions for Property Insurance in respect of leasehold/RTB properties, excluding broker services. Detailed description of the service is provided in the tender documents. The contract will commence 1st April 2022 under a 3-year Long Term Agreement with the option to extend for a further 1 year plus 1 year making it a potential contract period of 5 years at the authority's sole discretion.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-02e514
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/013759-2022
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66515000 - Damage or loss insurance services
66515100 - Fire insurance services
66515200 - Property insurance services
66515400 - Weather-related insurance services
Notice Value(s)
- Tender Value
- £5,000,000 £1M-£10M
- Lots Value
- £5,000,000 £1M-£10M
- Awards Value
- Not specified
- Contracts Value
- £4,718,182 £1M-£10M
Notice Dates
- Publication Date
- 23 May 20223 years ago
- Submission Deadline
- 26 Oct 2021Expired
- Future Notice Date
- Not specified
- Award Date
- 2 Mar 20223 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Cancelled
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- ROYAL BOROUGH OF GREENWICH
- Contact Name
- Mr Nick Walker
- Contact Email
- nick.walker@royalgreenwich.gov.uk
- Contact Phone
- +44 2089213627
Buyer Location
- Locality
- LONDON
- Postcode
- SE18 6HQ
- Post Town
- South East London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI5 Outer London - East and North East
- Small Region (ITL 3)
- TLI51 Bexley and Greenwich
- Delivery Location
- TLI51 Bexley and Greenwich
-
- Local Authority
- Greenwich
- Electoral Ward
- Woolwich Arsenal
- Westminster Constituency
- Greenwich and Woolwich
Further Information
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.
{
"tag": [
"compiled"
],
"id": "ocds-h6vhtk-02e514-2022-05-23T11:37:57+01:00",
"date": "2022-05-23T11:37:57+01:00",
"ocid": "ocds-h6vhtk-02e514",
"initiationType": "tender",
"tender": {
"id": "DN572466",
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"title": "SPS 2521 - Leasehold (RTB) Properties Insurance",
"status": "complete",
"classification": {
"scheme": "CPV",
"id": "66515200",
"description": "Property insurance services"
},
"mainProcurementCategory": "services",
"description": "The Royal Borough of Greenwich is seeking tender submissions for Property Insurance in respect of leasehold/RTB properties (excluding Broker Services). There is 1 lot.",
"value": {
"amount": 5000000,
"currency": "GBP"
},
"lots": [
{
"id": "1",
"description": "Royal Borough of Greenwich is seeking tender submissions for Property Insurance in respect of leasehold/RTB properties, excluding broker services. Detailed description of the service is provided in the tender documents. The contract will commence 1st April 2022 under a 3-year Long Term Agreement with the option to extend for a further 1 year plus 1 year making it a potential contract period of 5 years at the authority's sole discretion.",
"awardCriteria": {
"criteria": [
{
"name": "Quality - Policy Cover",
"type": "quality",
"description": "10"
},
{
"name": "Quality - Claims Handling",
"type": "quality",
"description": "40"
},
{
"type": "price",
"description": "50"
}
]
},
"value": {
"amount": 5000000,
"currency": "GBP"
},
"contractPeriod": {
"durationInDays": 1080
},
"hasRenewal": false,
"submissionTerms": {
"variantPolicy": "notAllowed",
"electronicCataloguePolicy": "required"
},
"hasOptions": false,
"status": "cancelled"
}
],
"items": [
{
"id": "1",
"additionalClassifications": [
{
"scheme": "CPV",
"id": "66515000",
"description": "Damage or loss insurance services"
},
{
"scheme": "CPV",
"id": "66515100",
"description": "Fire insurance services"
},
{
"scheme": "CPV",
"id": "66515200",
"description": "Property insurance services"
},
{
"scheme": "CPV",
"id": "66515400",
"description": "Weather-related insurance services"
}
],
"deliveryAddresses": [
{
"region": "UKI51"
},
{
"region": "UKI51"
}
],
"relatedLot": "1"
}
],
"submissionMethod": [
"electronicSubmission"
],
"submissionMethodDetails": "https://royalgreenwich.proactishosting.com/",
"selectionCriteria": {
"criteria": [
{
"type": "suitability",
"description": "Insurers must be authorised to write the classes of insurance listed within the UK subject to English/Welsh law and jurisdiction of the English/Welsh courts. Potential suppliers may be asked to produce a certificate issued by the appropriate insurance regulatory authority indicating the types of insurance the insurer is authorised to provide and must comply with Departments of Trade and Industry Regulations. Potential suppliers may be asked to produce a copy of their annual reports and account for the last 3 years, name and address of bankers, details of the last 3 years of underwriting experience for the classes of business referred to in this notice. Minimum level(s) of standards possibly required: All insurers must provide evidence that they are at least \"A-\" rated by Standard and Poor's (or equivalent) and/or approved by the Marsh Market Security Committee, otherwise, their submission may be automatically rejected.",
"appliesTo": [
"supplier"
]
},
{
"type": "technical",
"description": "Execution of the service is reserved to a particular profession Reference to the relevant law, regulation or administrative provision: Execution of the service is reserved to a particular profession Reference to the relevant law, regulation or administrative provision: Insurers will be insurance companies authorised to write classes of insurance listed within the UK subject to English/Welsh Courts. The service will be regulated by the provisions of the Insurance Act2015 and any other relevant legislation."
}
]
},
"documents": [
{
"id": "economic",
"documentType": "economicSelectionCriteria"
},
{
"id": "technical",
"documentType": "technicalSelectionCriteria"
}
],
"procurementMethod": "open",
"procurementMethodDetails": "Open procedure",
"coveredBy": [
"GPA"
],
"tenderPeriod": {
"endDate": "2021-10-26T17:00:00+01:00"
},
"submissionTerms": {
"languages": [
"en"
],
"bidValidityPeriod": {
"durationInDays": 1080
}
},
"awardPeriod": {
"startDate": "2021-10-26T17:05:00+01:00"
},
"bidOpening": {
"date": "2021-10-26T17:05:00+01:00",
"address": {
"streetAddress": "Royal Borough of Greenwich offices."
}
},
"hasRecurrence": true,
"reviewDetails": "Royal Borough of Greenwich incorporated a minimum 10 calendar day Standstill Period after notification to unsuccessful applicants of the award decision."
},
"parties": [
{
"id": "GB-FTS-477",
"name": "Royal Borough of Greenwich",
"identifier": {
"legalName": "Royal Borough of Greenwich"
},
"address": {
"streetAddress": "3rd Floor, The Woolwich Centre, 35 Wellington Street, Woolwich",
"locality": "London",
"region": "UKI51",
"postalCode": "SE18 6HQ",
"countryName": "United Kingdom"
},
"contactPoint": {
"name": "Mr Nick Walker",
"telephone": "+44 2089213627",
"email": "nick.walker@royalgreenwich.gov.uk",
"url": "https://royalgreenwich.proactishosting.com/"
},
"roles": [
"buyer"
],
"details": {
"url": "http://www.royalgreenwich.gov.uk/",
"buyerProfile": "http://www.royalgreenwich.gov.uk/",
"classifications": [
{
"scheme": "TED_CA_TYPE",
"id": "REGIONAL_AUTHORITY",
"description": "Regional or local authority"
},
{
"scheme": "COFOG",
"id": "01",
"description": "General public services"
}
]
}
},
{
"id": "GB-FTS-12609",
"name": "High Court of England & Wales",
"identifier": {
"legalName": "High Court of England & Wales"
},
"address": {
"streetAddress": "Royal Courts of Justice, Strand",
"locality": "London",
"postalCode": "WC1A 2LL",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "nick.walker@royalgreenwich.gov.uk"
},
"roles": [
"reviewBody"
]
},
{
"id": "GB-FTS-29732",
"name": "Cabinet Office",
"identifier": {
"legalName": "Cabinet Office"
},
"address": {
"streetAddress": "Office 70, Whitehall",
"locality": "London",
"postalCode": "SW1A 2AS",
"countryName": "United Kingdom"
},
"roles": [
"mediationBody"
]
},
{
"id": "GB-FTS-53475",
"name": "Avid insurance services ltd",
"identifier": {
"legalName": "Avid insurance services ltd"
},
"address": {
"locality": "London",
"region": "UKI51",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-3680",
"name": "High Court of England & Wales",
"identifier": {
"legalName": "High Court of England & Wales"
},
"address": {
"locality": "London",
"countryName": "United Kingdom"
},
"roles": [
"reviewBody"
]
},
{
"id": "GB-FTS-569",
"name": "Cabinet Office",
"identifier": {
"legalName": "Cabinet Office"
},
"address": {
"locality": "London",
"countryName": "United Kingdom"
},
"roles": [
"mediationBody"
]
},
{
"id": "GB-FTS-24677",
"name": "Royal Borough of Greenwich",
"identifier": {
"legalName": "Royal Borough of Greenwich"
},
"address": {
"locality": "London",
"countryName": "United Kingdom"
},
"roles": [
"reviewContactPoint"
]
}
],
"buyer": {
"id": "GB-FTS-477",
"name": "Royal Borough of Greenwich"
},
"language": "en",
"awards": [
{
"id": "013759-2022-SPS 2521 - Property Insurance in respect of leasehold/RTB properties, excluding broker services-1",
"relatedLots": [
"1"
],
"status": "active",
"suppliers": [
{
"id": "GB-FTS-53475",
"name": "Avid insurance services ltd"
}
]
}
],
"contracts": [
{
"id": "013759-2022-SPS 2521 - Property Insurance in respect of leasehold/RTB properties, excluding broker services-1",
"awardID": "013759-2022-SPS 2521 - Property Insurance in respect of leasehold/RTB properties, excluding broker services-1",
"status": "active",
"value": {
"amount": 4718182.26,
"currency": "GBP"
},
"dateSigned": "2022-03-02T00:00:00Z"
}
],
"bids": {
"statistics": [
{
"id": "1",
"measure": "bids",
"relatedLot": "1",
"value": 3
},
{
"id": "2",
"measure": "smeBids",
"relatedLot": "1",
"value": 0
},
{
"id": "3",
"measure": "foreignBidsFromEU",
"relatedLot": "1",
"value": 0
},
{
"id": "4",
"measure": "foreignBidsFromNonEU",
"relatedLot": "1",
"value": 0
},
{
"id": "5",
"measure": "electronicBids",
"relatedLot": "1",
"value": 3
}
]
}
}