{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-04c7e0-2025-06-05T12:24:07+01:00",
    "date": "2025-06-05T12:24:07+01:00",
    "ocid": "ocds-h6vhtk-04c7e0",
    "initiationType": "tender",
    "tender": {
        "id": "DN2816",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "T1115 - UMAL Insurance Broker",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "mainProcurementCategory": "services",
        "description": "UMAL needs to secure the services of a UK-based insurance broker with experience, expertise and capacity to act as an intermediary between UMAL and the insurance market (i.e. insurers, reinsurers, and other risk financing institutions). The broker will be required to assist with insurance needs of UMAL which include: a. Placing Insurance risks with insurers (both local and international) b. Ensuring adequate insurance for all UMAL exposures c. Providing wholesale insurance broking services for HMSL on behalf of its Members d. Covering the entity risks of UMAL, which includes i. Office Insurance and related covers ii. Professional Indemnity iii. Directors and Officers for UMAL Directors and officers iv. Crime v. Cyber Please also note, although the estimated total value is PS125M across a potential 5 year contract we would like to make the following clear The overall value includes both premium and broker fees and could be in the range of PS60 - PS125m across 5 years Furthermore, to give an idea of just broker fees, this could end up being around PS5m to PS15m across 5 years Please note all figures are purely estimates.",
        "value": {
            "amount": 125000000,
            "currency": "GBP"
        },
        "lots": [
            {
                "id": "1",
                "description": "UMAL needs to secure the services of a UK-based insurance broker with experience, expertise and capacity to act as an intermediary between UMAL and the insurance market (i.e. insurers, reinsurers, and other risk financing institutions). The broker will be required to assist with insurance needs of UMAL which include: a. Placing Insurance risks with insurers (both local and international) b. Ensuring adequate insurance for all UMAL exposures c. Providing wholesale insurance broking services for HMSL on behalf of its Members d. Covering the entity risks of UMAL, which includes i. Office Insurance and related covers ii. Professional Indemnity iii. Directors and Officers for UMAL Directors and officers iv. Crime v. Cyber Please also note, although the estimated total value is PS125M across a potential 5 year contract we would like to make the following clear The overall value includes both premium and broker fees and could be in the range of PS60 - PS125m across 5 years Furthermore, to give an idea of just broker fees, this could end up being around PS5m to PS15m across 5 years Please note all figures are purely estimates.",
                "value": {
                    "amount": 125000000,
                    "currency": "GBP"
                },
                "contractPeriod": {
                    "durationInDays": 1800
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "Contract would be on a 3 year initial basis with the option to extend for 12 months and then a further 12 months"
                },
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": false,
                "status": "cancelled",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Quality",
                            "type": "quality",
                            "description": "80"
                        },
                        {
                            "type": "price",
                            "description": "20"
                        }
                    ]
                }
            }
        ],
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "66510000",
                        "description": "Insurance services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66518000",
                        "description": "Insurance brokerage and agency services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66518100",
                        "description": "Insurance brokerage services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKI"
                    },
                    {
                        "region": "UKI"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "submissionMethod": [
            "electronicSubmission"
        ],
        "submissionMethodDetails": "https://supplierlive.proactisp2p.com/Account/Login",
        "procurementMethod": "selective",
        "procurementMethodDetails": "Restricted procedure",
        "coveredBy": [
            "GPA"
        ],
        "tenderPeriod": {
            "endDate": "2025-01-20T12:00:00Z"
        },
        "secondStage": {
            "invitationDate": "2024-12-13T00:00:00Z"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ]
        },
        "hasRecurrence": true
    },
    "parties": [
        {
            "id": "GB-FTS-132723",
            "name": "U.M. Association Limited",
            "identifier": {
                "legalName": "U.M. Association Limited"
            },
            "address": {
                "streetAddress": "Level 4, 5 St Helen's Place",
                "locality": "London",
                "region": "UKI",
                "postalCode": "EC3A 6AB",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "enquiries@umal.co.uk",
                "url": "https://supplierlive.proactisp2p.com/Account/Login"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://umal.co.uk/",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "BODY_PUBLIC",
                        "description": "Body governed by public law"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "04",
                        "description": "Economic affairs"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-537",
            "name": "Royal Courts of Justice",
            "identifier": {
                "legalName": "Royal Courts of Justice"
            },
            "address": {
                "streetAddress": "The Strand",
                "locality": "London",
                "postalCode": "WC2A 2LL",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        },
        {
            "id": "GB-FTS-150324",
            "name": "Lockton Companies LLP",
            "identifier": {
                "legalName": "Lockton Companies LLP"
            },
            "address": {
                "streetAddress": "St Botolph Building, 138 Houndsditch",
                "locality": "London",
                "region": "UKI",
                "postalCode": "EC3A 7AG",
                "countryName": "United Kingdom"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "large"
            }
        }
    ],
    "buyer": {
        "id": "GB-FTS-132723",
        "name": "U.M. Association Limited"
    },
    "language": "en",
    "awards": [
        {
            "id": "030203-2025-T1115-1",
            "relatedLots": [
                "1"
            ],
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-FTS-150324",
                    "name": "Lockton Companies LLP"
                }
            ]
        }
    ],
    "contracts": [
        {
            "id": "030203-2025-T1115-1",
            "awardID": "030203-2025-T1115-1",
            "status": "active",
            "dateSigned": "2025-06-04T00:00:00+01:00"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "3",
                "measure": "bids",
                "relatedLot": "1",
                "value": 2
            },
            {
                "id": "1",
                "measure": "lowestValidBidValue",
                "relatedLot": "1",
                "value": 60000000,
                "currency": "GBP"
            },
            {
                "id": "2",
                "measure": "highestValidBidValue",
                "relatedLot": "1",
                "value": 125000000,
                "currency": "GBP"
            }
        ]
    }
}