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Contract Award Notice

Insurance Tender - Leasehold Buildings Lot 9 Awards 2024-2029

  • First published: 19 April 2024
  • Last modified: 19 April 2024
  • Version: N/A
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  • This file may not be fully accessible.

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The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-h6vhtk-042e48
Published by:
The Royal Borough of Kensington and Chelsea
Authority ID:
AA21978
Publication date:
19 April 2024
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The Royal Borough of Kensington & Chelsea (RBKC) has awarded an insurance tender - Leasehold Buildings Lot

9 Award 2024-2029 contracts to Protector Insurance (Company No: FC033034) for the delivery of Leasehold Buildings 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.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

The Royal Borough of Kensington and Chelsea

Royal Borough of Kensington and Chelsea

London

W8 7NX

UK

E-mail: procurement@rbkc.gov.uk

NUTS: UKI

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 authority

I.5) Main activity

General public services

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Insurance Tender - Leasehold Buildings Lot 9 Awards 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 - Leasehold Buildings Lot

9 Award 2024-2029 contracts to Protector Insurance (Company No: FC033034) for the delivery of Leasehold Buildings 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: 14 832 860.00  GBP

II.2) Description

Lot No: 9

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 Leasehold

Buildings 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: Price / Weighting: 60%

Quality criterion: Policy Coverage /Specification / Weighting: 10%

Quality criterion: Claims Provision / Service / Weighting: 10%

Quality criterion: Added Value / Weighting: 10%

Quality criterion: Social Value / Weighting: 10%

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

Lot No: 9

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: 1

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: : 14 832 860.00  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

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

Coding

Commodity categories

ID Title Parent category
66510000 Insurance services Insurance and pension services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
procurement@rbkc.gov.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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