WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services

{
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    "id": "ocds-h6vhtk-04b25c-2024-10-29T16:46:21Z",
    "date": "2024-10-29T16:46:21Z",
    "ocid": "ocds-h6vhtk-04b25c",
    "description": "To place a submission for this tender please access via the below link, and login with your credentials if already registered on the SE Shared Service portal:https://www.sesharedservices.org.uk/esourcingIf you are not registered on the SE Shared Services, and would like to place to submission for this tender, then please register your companies details via the below link. Once registered you will be able to access the tender documentation:https://www.in-tendhost.co.uk/sesharedservices/aspx/HomePlease search for project name ( WAC- 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services) or reference number (038111)",
    "initiationType": "tender",
    "tender": {
        "id": "WAV - 038111",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "mainProcurementCategory": "services",
        "description": "The Contracting Authority (Waverley Borough Council) invites bids for the provision of its property insurance in respect of private dwellings sold on a leasehold basis, the majority of these were under the Right To Buy (RTB) legislation. Please go to https://www.sesharedservices.org.uk/esourcing and search for tender name (WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services or reference number (038111). The dwellings are flats in blocks and flats in houses (maisonettes) where the Contracting Authority still retain the freehold ownership and in some case the leases may state that the Contracting Authority, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the Service Charge. Other flats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover for these flats are not required. Contract duration 3 yrs+optional 2yr",
        "value": {
            "amount": 490000,
            "currency": "GBP"
        },
        "lots": [
            {
                "id": "1",
                "description": "The Contracting Authority invites bids for the provision of its property insurance in respect of private dwellings sold on a leasehold basis, the majority of these were under the Right To Buy (RTB) legislation. The dwellings are flats in blocks and flats in houses (maisonettes) where the Contracting Authority still retain the freehold ownership and in some case the leases may state that the Contracting Authority, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the Service Charge. Other flats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover for these flats are not required.",
                "contractPeriod": {
                    "durationInDays": 1800
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "Contract will be subject to renewal subject to decision of the Waverley Council"
                },
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
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                "status": "active"
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                        "description": "Financial and insurance services"
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                "deliveryAddresses": [
                    {
                        "region": "UKJ25"
                    }
                ],
                "relatedLot": "1"
            }
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        "submissionMethod": [
            "electronicSubmission",
            "written"
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        "submissionMethodDetails": "https://www.in-tendhost.co.uk/sesharedservices/aspx/Home",
        "selectionCriteria": {
            "criteria": [
                {
                    "type": "economic",
                    "description": "All Insurers must meet the Marsh minimum financial guidelines, being an interactive Standard and Poor's rating of BBB or higher and the local currency equivalent of US$100 million in unencumbered policyholders' surplus and / or approved by the Marsh Market Information Group. In the absence of an interactive Standard and Poors rating, companies with an interactive A.M. Best rating of A- or higher and the local currency equivalent of US$100 million in unencumbered policyholders' surplus and / or approved by the Marsh Market Information Group. Otherwise their submission will be automatically rejected. Please note if the rating of the Insurer drops below the acceptable minimum standard during the life of the contract, the Contracting Authority can make alternative arrangements at their own discretion. The Contracting Authority may obtain financial information through credit checks concerning the Bidders / Insurers. The Contracting Authority reserves the right to request further financial information from the Tenderer after the submission deadline. Additional criteria stated in the tender documents.",
                    "appliesTo": [
                        "supplier"
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                }
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        "documents": [
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                "id": "technical",
                "documentType": "technicalSelectionCriteria"
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        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "coveredBy": [
            "GPA"
        ],
        "tenderPeriod": {
            "endDate": "2024-11-29T12:00:00Z"
        },
        "submissionTerms": {
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                "en"
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            "bidValidityPeriod": {
                "endDate": "2025-04-30T23:59:59+01:00"
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            "address": {
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        "hasRecurrence": true,
        "reviewDetails": "Please email the named contact person",
        "recurrence": {
            "description": "2027 or 2029"
        }
    },
    "parties": [
        {
            "id": "GB-FTS-128606",
            "name": "Waverley Borough Council",
            "identifier": {
                "legalName": "Waverley Borough Council"
            },
            "address": {
                "streetAddress": "The Burys Godalming",
                "locality": "Surrey",
                "region": "UKJ25",
                "postalCode": "GU7 1HR",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Alena Bilovodska",
                "email": "alena.bilovodska@guildford.gov.uk",
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            "name": "Waverley Borough Council",
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                "streetAddress": "Council Offices, The Burys",
                "locality": "Surrey",
                "postalCode": "GU7 1HR",
                "countryName": "United Kingdom"
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                "email": "alena.bilovodska@guildford.gov.uk"
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