---
title: "Provision of Guardianship (Missing Persons) Surety Bonds"
ocid: "ocds-b5fd17-668667b2-a53b-47a5-9860-c3ec57502d3f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-668667b2-a53b-47a5-9860-c3ec57502d3f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-668667b2-a53b-47a5-9860-c3ec57502d3f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-668667b2-a53b-47a5-9860-c3ec57502d3f.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "MINISTRY OF JUSTICE."
published: "2019-09-04"
---

# Provision of Guardianship (Missing Persons) Surety Bonds

Buyer: MINISTRY OF JUSTICE.  
Current stage: Award  
OCID: ocds-b5fd17-668667b2-a53b-47a5-9860-c3ec57502d3f

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## Summary

The Ministry of Justice is seeking providers for the contract titled "Provision of Guardianship (Missing Persons) Surety Bonds," aimed at offering surety bonds for guardians managing the affairs of missing persons. The procurement stage is complete, with the contract awarded to Marsh Limited, which will utilise an open procurement method over a duration of two years, commencing July 29, 2019, and ending July 28, 2021. The estimated budget for this procurement is £900,000, and the award process concluded on June 26, 2019.

This contract presents significant opportunities for businesses specialising in financial and insurance services, particularly those experienced in providing insurance brokerage and surety insurance services. Small and medium-sized enterprises (SMEs) could find this an advantageous tender to compete for, given the emphasis on local engagement and the complexities surrounding financial products for vulnerable populations. Businesses with the capability to administer and manage surety bonds efficiently will be well-positioned to succeed in this tendering process.

## Notice

The Office of the Public Guardian (OPG) is an executive agency of the Ministry of Justice (MoJ) that supports the Public Guardian in discharging his duties. The OPG has put in place a contract for the provision of surety bonds, also called security bonds, to cover the performance of guardians of missing persons. The aim of the contract is to appoint an insurance broker who will be responsible and accountable for the administration and management of the provision of surety bonds. The broker will be responsible for the procurement exercise to select suitable insurer/ insurers for the provision of surety bonds. The Guardianship (Missing Persons) Act 2017 (the Act) was passed to assist families and others to look after the property and financial affairs of a person who is missing. The Act, which comes into force in July 2019, empowers the High Court to appoint a guardian to take control of the property or financial affairs of a missing person. Guardians will be required to act in the best interests of the missing person and to ensure they are carrying out their duties accordingly. The High Court will make an order appointing a guardian, which will specify whether a surety bond is required. The court will decide on the value of the surety. The surety bond is a guarantee to pay any financial losses arising from the guardian's improper performance or failure to exercise their functions. Guardians will be supervised by the Office of the Public Guardian. The role of the Public Guardian will be similar to his role in the registration and supervision of deputies appointed in respect of persons lacking mental capacity under the Mental Capacity Act 2005. Additional information: The contract will be a services concession contract. The duration is expected to be two years with the option to extend for two periods of one year (2 + 1 + 1) with an expected start date of June 2019. The Contracting Authority intends to use an eTendering system in this procurement exercise and reserves the right to use a reverse auction.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/83bb1e59-8d6d-403f-a9eb-5c4e0c4912db |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Sep 2019 |
| Submission deadline | 24 May 2019 |
| Future notice date | Not specified |
| Award date | 25 Jun 2019 |
| Contract period | 28 Jul 2019 - 28 Jul 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £900,000 |
| Lots value | Not specified |
| Awards value | £900,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | MINISTRY OF JUSTICE. |
| Locality | LEEDS |
| Post town | Leeds |
| Postcode | LS1 4AP |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE4 West Yorkshire |
| ITL 3 | TLE42 Leeds |
| Local authority | Leeds |
| Electoral ward | Hunslet & Riverside |
| Westminster constituency | Leeds South |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MARSH |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66100000 - Banking and investment services
- 66500000 - Insurance and pension services
- 66510000 - Insurance services
- 66515410 - Financial loss insurance services
- 66517200 - Surety insurance services
- 66518000 - Insurance brokerage and agency services
- 66518100 - Insurance brokerage services

## Release History

- 4 Sep 2019 at 08:07 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/83bb1e59-8d6d-403f-a9eb-5c4e0c4912db
- 29 Jul 2019 at 07:56 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/83bb1e59-8d6d-403f-a9eb-5c4e0c4912db

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/83bb1e59-8d6d-403f-a9eb-5c4e0c4912db
  4th September 2019 - Awarded contract notice on Contracts Finder
- https://www.justice.gov.uk/
  General address of the contracting authority:
- https://www.gov.uk/government/organisations/ministry-of-justice/about/procurement
  Address of the buyer profile:
- https://ministryofjusticecommercial.bravosolution.co.uk/web/login.html
  Electronic access to tender information:

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-668667b2-a53b-47a5-9860-c3ec57502d3f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-668667b2-a53b-47a5-9860-c3ec57502d3f.json.