Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
The Royal Borough of Kensington and Chelsea
Town Hall, 8 Hornton Street
Hornton Street London
W8 7NX
UK
E-mail: procurement@rbkc.gov.uk
NUTS: UK
Internet address(es)
Main address: www.rbkc.gov.uk
Address of the buyer profile: www.rbkc.gov.uk/business-and-enterprise/business-opportunities-and-procurement/procurement-borough
I.4) Type of the contracting authority
Regional or local agency/office
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Insurance Tender - Property Lot 1 Award 2024-2029
II.1.2) Main CPV code
66510000
II.1.3) Type of contract
Services
II.1.4) Short description
The Royal Borough of Kensington & Chelsea (RBKC) has awarded an insurance tender - Property Lot 1Award 2024-2029 contracts to Protector Insurance (Company No: FC033034) for the delivery of Property insurance.
The tender was carried out using the Open procedure using the Council’s capitalEsourcing portal. The Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of February 2024.
The contract will be established for an initial duration of five-year arrangement, premiums are not fixed by the insurers as they will be subject to annual index linking to reflect the current inflation at that time. This ensures the Councils’ assets are adequately insured and not subject to under-insurance.
II.1.6) Information about lots
This contract is divided into lots:
Yes
II.1.7) Total value of the procurement
Value excluding VAT:
3 310 440.00
GBP
II.2) Description
Lot No: 1
II.2.2) Additional CPV code(s)
66510000
II.2.3) Place of performance
NUTS code:
UKI
II.2.4) Description of the procurement
The objectives of this tender is the contract award for sovereign insurance contract for Property that will commence on 1st of April 2024.
The tender was carried out using the Open procedure using the Council’s capitalEsourcing portal.
The Contract Award Criteria was based on the technical specification, which invited bidders to provide policy coverage and claims handling requirements.
The Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of February 2024.
II.2.5) Award criteria
Quality criterion: Policy Coverage/Specification
/ Weighting: 20
Quality criterion: Claims Provision/Service
/ Weighting: 15
Quality criterion: Added Value
/ Weighting: 5
Quality criterion: Social Value
/ Weighting: 10
Quality criterion: Price
/ Weighting: 50
Price
/ Weighting:
100
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2024/S 000-001799
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
04/03/2024
V.2.2) Information about tenders
Number of tenders received: 2
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Protector Forsikring ASA
Manchester
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 3 310 440.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Public Procurement Review Service
70 Whitehall
London
SW1A 2AS
UK
VI.4.2) Body responsible for mediation procedures
The Royal Borough of Kensington and Chelsea
Hornton Street
London
W8 7NX
UK
E-mail: procurement@rbkc.gov.uk
Internet address(es)
URL: www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit
VI.5) Date of dispatch of this notice
18/04/2024