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Contract Award Notice

Insolvency Risk Services

  • First published: 23 January 2019
  • Last modified: 23 January 2019
  • Version: N/A
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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:
Published by:
The Board of the Pension Protection Fund
Authority ID:
AA72362
Publication date:
23 January 2019
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The provision of Insolvency risk services. services include: the review, development and operation of a model for calculating insolvency risk scores for companies who sponsor UK based defined benefit occupational pension schemes; application programming interface and linked customer service elements including an online portal.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

The Board of the Pension Protection Fund

Renaissance, 12 Dingwall Road

Croydon

CR0 2NA

UK

Telephone: +44 8456002541

E-mail: commercialservices@ppf.gsi.gov.uk

NUTS: UKI62

Internet address(es)

Main address: https://www.ppf.co.uk

Address of the buyer profile: https://www.ppf.co.uk/doing-business-us

I.4) Type of the contracting authority

Body governed by public law

I.5) Main activity

Economic and financial affairs

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Insolvency Risk Services

II.1.2) Main CPV code

66000000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Provide insolvency risk scores for all relevant entities in the PPF universe and related services.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 3 500 000.00  GBP

II.2) Description

II.2.3) Place of performance

NUTS code:

UK

UKI62

II.2.4) Description of the procurement

The provision of Insolvency risk services. services include: the review, development and operation of a model for calculating insolvency risk scores for companies who sponsor UK based defined benefit occupational pension schemes; application programming interface and linked customer service elements including an online portal.

II.2.5) Award criteria

Quality criterion: Technical/Quality / Weighting: 70

Price / Weighting:  30

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

II.2.14) Additional information

The contract will run for an initial term up to 31.3.2024 and may be extended depending on the ongoing need and contract performance up to a maximum period of 3 years in aggregate, a total contract term of 8 years.

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Award of a contract without prior publication of a call for competition

Justification for selected award procedure:

No tenders or no suitable tenders/requests to participate in response to open procedure

Explanation

An open procedure returned no suitable tenders. The requirement is specialised in its nature and there are few capable economic operators in the market (PIN 2018/S 094-213435). The open procedure (CN 2018/S 147-336642) resulted in 2 bids from 2 capable economic operators. Neither tenders fully met the published requirements but both appeared potentially capable of meeting the requirements with some material changes. The open procedure does not allow negotiation and material refinement of solutions, accordingly the PPF stopped the open procedure and invited both capable bidders to participate in a negotiated procedure without prior publication.

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:

2018/S 147-336642

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

24/12/2018

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

Dun & Bradstreet Ltd

Marlow

UK

NUTS: UKJ1

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Initial estimated total value of the contract/lot:

Total value of the contract/lot: : 3 500 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.3) Additional information

The contract will run for an initial term up to 31.3.2024 and may be extended depending on the ongoing need and contract performance up to a maximum period of 3 years in aggregate, a total contract term of 8 years. Note that the estimated contract values are based on extensions for the full term permissible under the contract.

VI.4) Procedures for review

VI.4.1) Review body

The Board of the Pension Protection Fund

Renaissance, 12 Dingwall Road

Croydon

CR0 2NA

UK

E-mail: commercialservices@ppf.gsi.gov.uk

VI.5) Date of dispatch of this notice

17/01/2019

Coding

Commodity categories

ID Title Parent category
66000000 Financial and insurance services Finance and Related 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:
commercialservices@ppf.gsi.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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