--- title: "Provision of Guardianship (Missing Persons) Surety Bonds" ocid: "ocds-b5fd17-6c946fd4-ea6a-4310-9e78-b0e8161a5613" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6c946fd4-ea6a-4310-9e78-b0e8161a5613" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6c946fd4-ea6a-4310-9e78-b0e8161a5613.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-6c946fd4-ea6a-4310-9e78-b0e8161a5613.json" source: "Contracts Finder" current_stage: "Tender" buyer: "MINISTRY OF JUSTICE." published: "2019-09-04" --- # Provision of Guardianship (Missing Persons) Surety Bonds Buyer: MINISTRY OF JUSTICE. Current stage: Tender OCID: ocds-b5fd17-6c946fd4-ea6a-4310-9e78-b0e8161a5613 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-6c946fd4-ea6a-4310-9e78-b0e8161a5613) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-6c946fd4-ea6a-4310-9e78-b0e8161a5613.json) ## Summary The Ministry of Justice is overseeing the procurement process for the contract titled "Provision of Guardianship (Missing Persons) Surety Bonds," which aims to establish surety bonds to support guardians of missing persons. This service falls under the financial and insurance services industry category. The procurement is currently in the contract period which commenced on 18th June 2019 and will run for two years, potentially extendable for an additional two years. The tender period concluded on 24th May 2019, and the estimated value of the contract is £900,000, with a minimum acceptance value of £400,000. The procurement method is open, utilising an open procedure for this public tender. This tender presents a significant opportunity for businesses within the insurance and financial sectors, particularly those experienced in surety and insurance brokerage services. The sourcing of an effective insurance broker will facilitate the management of surety bonds essential for guardians overseeing the property and financial affairs of individuals reported missing. Small and medium-sized enterprises (SMEs) are particularly encouraged to participate in this process, creating a pathway for them to establish and grow their service delivery capabilities in a niche but crucial market. ## 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 expects to 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 tender 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/f4c2ce4e-56f2-48d4-80ab-64e19cb96695 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 4 Sep 2019 | | Submission deadline | 24 May 2019 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 17 Jun 2019 - 17 Jun 2021 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £900,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | 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 | ## 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 08:42 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/f4c2ce4e-56f2-48d4-80ab-64e19cb96695 - 3 Sep 2019 at 07:30 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/f4c2ce4e-56f2-48d4-80ab-64e19cb96695 - 23 Apr 2019 at 09:08 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/f4c2ce4e-56f2-48d4-80ab-64e19cb96695 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/f4c2ce4e-56f2-48d4-80ab-64e19cb96695 4th September 2019 - Opportunity 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: - https://www.contractsfinder.service.gov.uk/Notice/Attachment/45870eb9-c49b-42ca-9465-667f1fff6fc4 n/a - https://www.contractsfinder.service.gov.uk/Notice/Attachment/48472400-3e01-4c49-9cab-bd7026383402 n/a ## 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-b5fd17-6c946fd4-ea6a-4310-9e78-b0e8161a5613. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6c946fd4-ea6a-4310-9e78-b0e8161a5613.json.