Published date: 22 June 2023
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Insurance services - 66510000
Location of contract
England
Value of contract
£41,000,000 to £43,500,000
Procurement reference
GUINPART001-DN635048-21546106
Published date
22 June 2023
Closing date
9 November 2022
Closing time
3pm
Contract start date
1 June 2023
Contract end date
31 May 2026
Contract type
Service contract
Procedure type
Negotiated procedure
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
For the Provision of General Insurance & Related Services to The Guinness Partnership and subsidiary organisations \r
\r
The term of the Contract will commence with cover inception on 1 June 2023, the duration of the contract is expected to be for a period of three years (or periods of insurance) from 1 June 2023. A further extension of this contract by one year (or periods of insurance), followed by another extension of 1 year (or period of insurance) may be considered by the contracting Authority strictly subject to satisfactory performance and annual review.\r
Full details of service descriptions for each of the following LOTs can be found within Section 4 - Specification of the draft 'ITT Main Body - The Guinness Partnership' Document. \r
LOT 1 - Insurance and related services for Property, legal liability and other general (non-life) insurable risks\r
LOT 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and\r
Occasional Business Use)\r
LOT 3 - Insurance and related services associated with Cyber risks\r
LOT 4 - Insurance and related services associated with Terrorism Risks
More information
Previous notice about this procurement
Insurance and Related Services for The Guinness Partnership
- Opportunity
- Published 10 October 2022
Additional text
-
The contracting authority reserves the right to award contracts combining the following lots or groups of lots: Lots 1 - 4.
Lots 1- 4 will be individually evaluated, and multiple awards may result. Where the Tenderer is an Insurance Broker, it may choose to place the insurance(s) required within each Lot with different insurers at its discretion, but full details of the risk carrier(s) will be required.
The Guinness Partnership has a preference to invite a minimum of 5 Organisations for each of the relevant lots to the ITT. However, in circumstances where the final evaluation scores are sufficiently close to one another, The Guinness Partnership may, at its discretion, invite further Organisations to tender where:
a) If any Organisation's total score out of 100 for the SQ is within 3 points or less of the lowest-ranked Organisation to be invited to tender (i.e.the 5th-ranked), The Guinness Partnership may invite those Organisation(s) to tender as additional Organisations; and/or
b) If any further Organisation's score is within 1 point of the lowest-ranked additional Organisation invited (as per point a), Guinness may also invite those Organisation(s) to tender as further additional Organisations; but
c) Neither of points a nor b shall apply to any Organisation who's overall final SQ score is less than exactly 55 out of the 100 available total marks.
To view SQ and Draft ITT documents Expressions of Interest must be submitted via the ProContract E-Procurement Platform. Responses to the SQ must also be submitted by the ProContract E-Procurement platform.
Award information
Awarded date
31 May 2023
Contract start date
1 June 2023
Contract end date
31 May 2026
Total value of contract
£43,375,000
This contract was awarded to 4 suppliers.
Zurich Insurance PLC
Address
Fareham
PO15 7JZReference
None
Supplier is SME?
No
Supplier is VCSE?
No
Additional details
-
Lot 1 - Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks
Marsh Limited
Address
London
EC3R 5BUReference
None
Supplier is SME?
No
Supplier is VCSE?
No
Additional details
-
Lot 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)
Weald Insurance Brokers Ltd
Address
East Grinstead
RH19 1LBReference
None
Supplier is SME?
Yes
Supplier is VCSE?
No
Additional details
-
Lot 3 - Insurance and related services associated with Cyber risks
Weald Insurance Brokers Ltd
Address
East Grinstead
RH19 1LBReference
None
Supplier is SME?
Yes
Supplier is VCSE?
No
Additional details
-
Lot 4 - Insurance and related services associated with Terrorism Risks
About the buyer
Contact name
Callie Barry
Address
Bower House
1 Stable Street
Oldham
OL9 7LH
England
Telephone
+44 2038190094
Website
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Closing: 9 November 2022, 3pm