{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-048837-2024-08-06T17:00:46+01:00",
    "date": "2024-08-06T17:00:46+01:00",
    "ocid": "ocds-h6vhtk-048837",
    "initiationType": "tender",
    "tender": {
        "id": "ocds-h6vhtk-048837",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Catastrophe Lawyer procurement",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "79212200",
            "description": "Internal audit services"
        },
        "mainProcurementCategory": "services",
        "description": "Flood Re to seek provision for external legal services to advise on and support the issuance of an indemnity trigger catastrophe bond (the \"Cat Bond\") as part of a wider re-procurement of its outwards reinsurance programme to be effective from 1 April 2025. It is likely that Flood Re will consider the issuance of such a bond at least every three years thereafter and has a preference for long term supplier relationships however, that longer term opportunity does not form part of this ITT",
        "lots": [
            {
                "id": "1",
                "description": "Flood Re to seek provision for external legal services to advise on and support the issuance of an indemnity trigger catastrophe bond (the \"Cat Bond\") as part of a wider re-procurement of its outwards reinsurance programme to be effective from 1 April 2025. It is likely that Flood Re will consider the issuance of such a bond at least every three years thereafter and has a preference for long term supplier relationships however, that longer term opportunity does not form part of this ITT",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Technical",
                            "type": "quality",
                            "description": "55"
                        },
                        {
                            "name": "Social",
                            "type": "quality",
                            "description": "5"
                        },
                        {
                            "type": "price",
                            "description": "40"
                        }
                    ]
                },
                "contractPeriod": {
                    "durationInDays": 180
                },
                "hasRenewal": false,
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": true,
                "options": {
                    "description": "The contract duration will be for the period of approximately six months, up to and including the successful issuance of the bond, to be effective in March 2025. Alternatively, if the Company not does not proceed to issue the Bond, it will be up to the end of October 2024 (being approximately six weeks)."
                },
                "status": "active"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "UKI"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "submissionMethod": [
            "electronicSubmission"
        ],
        "submissionMethodDetails": "https://procurementsolutions.esourcingportal.com",
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "coveredBy": [
            "GPA"
        ],
        "tenderPeriod": {
            "endDate": "2024-09-02T11:59:00+01:00"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ]
        },
        "awardPeriod": {
            "startDate": "2024-09-02T12:00:00+01:00"
        },
        "bidOpening": {
            "date": "2024-09-02T12:00:00+01:00"
        },
        "hasRecurrence": false
    },
    "parties": [
        {
            "id": "GB-COH-08670444",
            "name": "Flood Re Limited",
            "identifier": {
                "legalName": "Flood Re Limited",
                "id": "08670444",
                "scheme": "GB-COH"
            },
            "address": {
                "streetAddress": "75 King William Street",
                "locality": "LONDON",
                "region": "UKI",
                "postalCode": "EC4N 7BE",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "information@floodre.co.uk",
                "url": "https://procurementsolutions.esourcingportal.com"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.floodre.co.uk",
                "buyerProfile": "https://www.floodre.co.uk/about-us/",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "NATIONAL_AGENCY",
                        "description": "National or federal agency/office"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "04",
                        "description": "Economic affairs"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-103",
            "name": "Public Procurement Review Service",
            "identifier": {
                "legalName": "Public Procurement Review Service"
            },
            "address": {
                "streetAddress": "Cabinet Office",
                "locality": "London",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "telephone": "+44 3450103503",
                "email": "publicprocurementreview@cabinetoffice.gov.uk"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "id": "GB-COH-08670444",
        "name": "Flood Re Limited"
    },
    "language": "en"
}