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Contract Award Notice

Insurance Services

  • First published: 12 July 2019
  • Last modified: 12 July 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:
Reading Borough Council
Authority ID:
AA22006
Publication date:
12 July 2019
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

This lot incorporates the following classes of business:

— material damage,

— general,

— old civic centre podium/raised walkway,

— motor vehicle accumulation,

— housing,

– sheltered high rise blocks at Wensley Road,

— housing catastrophic cover only,

— education properties,

— commercial and industrial properties business interruption,

— additional expenditure,

— loss of rent,

— contract works,

— money,

— specified all risks,

— fidelity guarantee.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

Reading Borough Council

Civic Offices, Bridge Street

Reading

RG1 2LU

UK

Telephone: +44 1189372945

E-mail: corporate.procurement@reading.gov.uk

NUTS: UKJ11

Internet address(es)

Main address: www.reading.gov.uk

Address of the buyer profile: https://in-tendhost.co.uk/readingbc/aspx/Tenders/Current

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 Services

Reference number: RBC 00000462

II.1.2) Main CPV code

66510000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Property, education, commercial property, fidelity guarantee, liability, liability claims handling, motor fleet, excluding broker services.

II.1.6) Information about lots

This contract is divided into lots: Yes

II.1.7) Total value of the procurement

Value excluding VAT: 5 800 000.00  GBP

II.2) Description

Lot No: 1

II.2.1) Title

Property Insurance (Excluding Brokerage Services)

II.2.2) Additional CPV code(s)

66515200

II.2.3) Place of performance

NUTS code:

UKJ11


Main site or place of performance:

II.2.4) Description of the procurement

This lot incorporates the following classes of business:

— material damage,

— general,

— old civic centre podium/raised walkway,

— motor vehicle accumulation,

— housing,

– sheltered high rise blocks at Wensley Road,

— housing catastrophic cover only,

— education properties,

— commercial and industrial properties business interruption,

— additional expenditure,

— loss of rent,

— contract works,

— money,

— specified all risks,

— fidelity guarantee.

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 50

Price / Weighting:  50

II.2.11) Information about options

Options: Yes

Description of options:

The Council will have the option to extend for 2 further periods of 1 year each.

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

Lot No: 2

II.2.1) Title

Liability Insurance in the Joint Names of Brighter Futures for Children (excluding Brokerage Services)

II.2.2) Additional CPV code(s)

66516000

66516000

66516000

II.2.3) Place of performance

NUTS code:

UKJ11


Main site or place of performance:

II.2.4) Description of the procurement

This lot incorporates the following classes of business:

— employers liability,

— public liability (including libel and slander),

— officials indemnity (including land charges and public health act),

— professional indemnity,

— D&O children’s services,

– brighter futures for children only,

— hirers liability.

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 55

Price / Weighting:  45

II.2.11) Information about options

Options: Yes

Description of options:

The Council will have the option to extend for 2 further periods of 1 year each.

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

Lot No: 3

II.2.1) Title

Motor Fleet Insurance (Excluding Brokerage Services)

II.2.2) Additional CPV code(s)

66514110

66514110

II.2.3) Place of performance

NUTS code:

UKJ11


Main site or place of performance:

II.2.4) Description of the procurement

This lot incorporates the following classes of business:

— motor fleet.

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 40

Price / Weighting:  60

II.2.11) Information about options

Options: Yes

Description of options:

The Council will have the option to extend for 2 further periods of 1 year each.

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

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: No

Section V: Award of contract

Lot No: 1

Contract No: RBC462

Title: Property Insurance

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

30/01/2019

V.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 3

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Travelers Insurance Company Ltd

London

UK

NUTS: UKI31

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: : 1 540 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 2

Contract No: RBC462

Title: Liability Insurance

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

30/01/2019

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 2

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Risk Management Partners

London

UK

NUTS: UKI31

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: : 1 820 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 3

Contract No: RBC462

Title: Motor Insurance

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

30/01/2019

V.2.2) Information about tenders

Number of tenders received: 6

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 6

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Risk Management Partners

London

UK

NUTS: UKI31

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: : 1 070 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

Reading Borough Council

Reading

UK

VI.4.3) Review procedure

Precise information on deadline(s) for review procedures:

VI.4.4) Service from which information about the review procedure may be obtained

Reading Borough Council

Civic Offices, Bridge Street

Reading

RG1 2LU

UK

Telephone: +44 1189372945

E-mail: corporate.procurement@reading.gov.uk

Internet address(es)

URL: www.reading.gov.uk

VI.5) Date of dispatch of this notice

09/07/2019

Coding

Commodity categories

ID Title Parent category
66510000 Insurance services Insurance and pension services
66516000 Liability insurance services Insurance services
66514110 Motor vehicle insurance services Freight insurance and Insurance services relating to transport
66515200 Property insurance services Damage or loss insurance 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:
corporate.procurement@reading.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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