Tender

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Single Supplier Framework Agreement Insurance Advisory Services

Transport Scotland

This public procurement record has 1 release in its history.

Tender

31 May 2019 at 01:00

OJEU - F2 - Contract Notice
Summary of the contracting process

Transport Scotland, acting on behalf of the Scottish Ministers, is conducting a procurement process for a "Single Supplier Framework Agreement for Insurance Advisory Services." This opportunity falls within the transport industry category and is based in Glasgow, Scotland. The procurement is currently in the Tender stage, with a submission deadline set for 12:00 noon BST on 5th July 2019. The estimated total value of the services called-off under this framework over a four-year period is approximately £450,000, and the procurement will follow a selective method, specifically using a restricted procedure.

This tender presents significant opportunities for businesses that specialise in insurance advisory services, particularly those experienced in the complexities of infrastructure projects. Companies with expertise in navigating insurance requirements for construction and operational stages of transport projects, along with a proven track record in risk management and financial evaluation, would be well-suited to compete. The nature of the framework agreement allows flexibility, making it an attractive prospect for businesses looking to expand their portfolio within public sector projects in Scotland.

How relevant is this notice?

Notice Information

Notice Title

Single Supplier Framework Agreement Insurance Advisory Services

Notice Description

Transport Scotland, on behalf of the Scottish Ministers, has identified the need for the services of an experienced insurance advisor ("single supplier") to provide insurance advice in relation to the procurement, development, construction, commissioning and operational stages of existing or proposed transport projects. It has been concluded that these services would be best met through the procurement of a single-supplier framework agreement, which offers both the required flexibility and prompt response mechanism to meet demand, which is required for the ad-hoc nature of these services. It is intended that the framework agreement shall be for a period of 4 years, during which the Scottish Ministers shall be entitled to call-off services from the framework agreement. It is estimated the value of services to be called-off over the four year period, will be in the order of 450,000 GBP.

Lot Information

Lot 1

It is anticipated that the advice required will be on an ad-hoc basis with quick turnaround times for projects such as the A9 and A96 Dualling, A737 Den Realignment, A77 Maybole Bypass and A9 Berriedale Braes as well as potentially rail and road network maintenance projects. It will be a requirement of the insurance advisor to ensure Scottish Ministers and/or their Contractors/Suppliers/Consultants shall have adequate and appropriate insurances in place that comply with legal requirements, minimise the risk of liability to Scottish Ministers and minimise the risk to budgets and project delivery. The services are likely to include the following: i. Desk top study of the complexity and nature of scheme and services; ii. Establish level of requirement and criteria for the provision of insurance policies for that scheme and services; iii. Provide technical advice to Transport Scotland on an ad-hoc basis regarding queries that may be received and are related to either specific or general insurance requirements; iv. Provision of all insurance advisory services in respect of the insurances required for the design, construction, commissioning, maintenance and operational stages of our construction projects, including advising on the insurances which are required from the Contractor/Consultant/Supplier; v. Provision of advice on the current insurance market and legislative concerns, including advice on losses and technical issues faced by similar transport projects in the UK and worldwide; vi. Provision of risk management services (from an insurance perspective); vii. Advising in relation to alternative risk financing options to insurance (including bonding arrangements); viii. Inspection of documentation relating to evidence of insurance, invoicing and policy documentation, including checking of all insurance certificates, policy documents, endorsements and cover notes including reporting and recommendations as required; ix. General brokering services x. Provision of on-going management and advice relating to the Queensferry Crossing project insurance programme (PIP) (including a non-recourse project insurance). The PIP covers all interested parties for various risks including construction all risks and third party liability risks; xi. Provision of administrative support to Transport Scotland in the management of PIPs. This includes the provision of advice in relation to claims management processes, the provision of claims consultancy service, and the provision of support in managing loss adjustors with the skills, experience and capability to investigate, negotiate and settle claims; xii. General customer services, in relation to insurance advisory services, to include: reporting, advising and liaising with appropriate stakeholder as required. It is envisaged that the services can be provided remotely at the economic operator's offices with attendance required on an ad-hoc basis at Transport Scotland's offices. However, on occasion, the provider may be required to undertake the following duties: i. attend the offices, construction sites or other locations within the UK as and when required; ii. attend meetings at Transport Scotland's main office in Buchanan House, Glasgow or site offices as and when may be required; iii. liaison with other Transport Scotland advisers/ consultants/ contractors at their specific offices/sites. The supplier will be procured through the restricted procedure, a procedure under the Public Contracts (Scotland) Regulations 2015. This is a two-stage procedure, comprising a prequalification stage and a tender stage. Section II.2.9 of this Contract Notice describes the criteria for choosing the limited number of candidates. In order to be considered for the prequalification stage, economic operators are required to complete and submit an ESPD, which can be downloaded via the Public Contracts Scotland portal (www.publiccontractsscotland.gov.uk) It is anticipated that a total of 5 economic operators will be invited to tender stage.. The Framework Agreement will be based on NEC4 Framework and professional services contract with bespoke amendments. Each economic operator shall be invited to submit a Tender on the same contract terms.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000583326
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN355716
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
OJEU - F2 - Contract Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
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

66510000 - Insurance services

66513200 - Contractor's all-risk insurance services

66514100 - Insurance related to Transport

66517300 - Risk management insurance services

66518100 - Insurance brokerage services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
£450,000 £100K-£500K
Lots Value
£450,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
31 May 20197 years ago
Submission Deadline
5 Jul 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Transport Scotland
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G4 0HF
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN355716&idx=1
    3rd June 2019 - Economic and Financial Standing Evaluation Criteria Ratios and Scoring
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN355716
    Single Supplier Framework Agreement Insurance Advisory Services - Transport Scotland, on behalf of the Scottish Ministers, has identified the need for the services of an experienced insurance advisor ("single supplier") to provide insurance advice in relation to the procurement, development, construction, commissioning and operational stages of existing or proposed transport projects. It has been concluded that these services would be best met through the procurement of a single-supplier framework agreement, which offers both the required flexibility and prompt response mechanism to meet demand, which is required for the ad-hoc nature of these services. It is intended that the framework agreement shall be for a period of 4 years, during which the Scottish Ministers shall be entitled to call-off services from the framework agreement. It is estimated the value of services to be called-off over the four year period, will be in the order of 450,000 GBP.

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...