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Provision of Insurance and related services to The Sovini Group

The Sovini Group

This public procurement record has 5 releases in its history.

TenderUpdate

12 Dec 2023 at 14:06

Tender Notice
Award

12 Dec 2023 at 14:05

Award Notice
TenderUpdate

26 May 2023 at 12:05

Tender Notice
TenderUpdate

26 May 2023 at 12:04

Tender Notice
Tender

02 May 2023 at 19:05

Tender Notice
Summary of the contracting process

The Sovini Group has initiated a tender for the provision of insurance and related services. The procurement process involves the submission of bids for Insurance services for property, legal liability, and other insurable risks. The Sovini Group, based in Merseyside, UK, is the buying organisation. The tender is in the active stage, with a contract value of GBP 5,700,000, and a tender period ending on 2nd June 2023.

This tender presents an opportunity for SMEs and other businesses in the insurance services sector to compete. Companies that specialize in insurance brokerage, risk management, and related services may find this tender suitable for business growth. The procurement method is selective, with a competitive procedure involving negotiation. The procurement process includes multiple lots, each with specific insurance requirements and contract periods. Key dates, including the contract start and end dates, are provided for each lot.

How relevant is this notice?

Notice Information

Notice Title

Provision of Insurance and related services to The Sovini Group

Notice Description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by The Sovini Group

Lot Information

Insurance and related services for Housing Property, legal liability and other general (non-life) insurable risks, as required by The Sovini Group

A programme of General (non-life) insurance and related services for The Sovini Group. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, terrorism (pool re), employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and employment practices liability. This list is to be decided at the sole discretion of The Sovini Group. This Lot excludes: Commercial Property & Liabilities (See Lot 2), Engineering (See Lot 3) and Terrorism [Non-Pool Re] (See Lot 4) Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Merseyside:-Insurance-services./YNY4TT67CM

Options: The Sovini Group will consider entering into a Long Term Agreement with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: The Sovini Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services for Commercial Property, legal liability, and other general (non-life) insurable risks, as required by The Sovini Group

A programme of General (non-life) insurance and related services for The Sovini Group. The programme will require Insurance and related services for risks that may include but not be limited to: commercial property damage and business interruption, terrorism (Pool Re), employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and employment practices liability. This list is to be decided at the sole discretion of The Sovini Group. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Merseyside:-Insurance-services./YNY4TT67CM

Options: The Sovini Group will consider entering into a Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: The Sovini Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with items of Engineering plant and a programme of Engineering inspections

Engineering Insurance and an associated programme of inspections for statutory and other items of engineering plant and equipment. The Contracting Authority may require that LOLER Certification is planned 5 monthly, which will allow the Association one month to re-book appointments where access has not been gained. In addition, the Contracting Authority requires that the delivery of LOLER visits is done in line with its 'No access process', this includes evidenced appointments and records of any appointment failures. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Merseyside:-Insurance-services./YNY4TT67CM

Options: The Sovini Group will consider entering into a Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: The Sovini Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Terrorism / Political Violence (Non-Pool Re) Risks for The Sovini Group

Insurance and related services associated with Terrorism / Political Violence (Non-Pool Re) risks for The Sovini Group. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Merseyside:-Insurance-services./YNY4TT67CM

Options: The Sovini Group will consider entering into a Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: The Sovini Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03c5cf
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/036526-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services

CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66513100 - Legal expenses insurance services

66513200 - Contractor's all-risk insurance services

66515000 - Damage or loss insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66517300 - Risk management insurance services

66518000 - Insurance brokerage and agency services

66518300 - Insurance claims adjustment services

66519200 - Engineering insurance services

71631000 - Technical inspection services

71631100 - Machinery-inspection services

71632200 - Non-destructive testing services

Notice Value(s)

Tender Value
£5,700,000 £1M-£10M
Lots Value
£4,234,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,545,000 £1M-£10M

Notice Dates

Publication Date
12 Dec 20232 years ago
Submission Deadline
2 Jun 2023Expired
Future Notice Date
Not specified
Award Date
29 Oct 20232 years ago
Contract Period
31 Oct 2023 - 30 Oct 2026 3-4 years
Recurrence
Between 3 or 5 years from the date of this Notice

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
The Sovini Group
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MERSEYSIDE
Postcode
L30 6UR
Postcode Area
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD73 Sefton
Delivery Location
Not specified
Local Authority
Sefton
Electoral Ward
Netherton and Orrell
Westminster Constituency
Bootle

Supplier Information

Number of Suppliers
3
Supplier Names

Arthur J. Gallagher Insurance Brokers Ltd

Marsh Limited

Weald Insurance Brokers Ltd

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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