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Contract Notice

Insurance Services Review 2019 (Excluding Broker Services)

  • First published: 19 July 2019
  • Last modified: 19 July 2019
  • Version: N/A
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Contents

Summary

OCID:
Published by:
Post Office Ltd
Authority ID:
AA73424
Publication date:
19 July 2019
Deadline date:
26 August 2019
Notice type:
Contract Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Insurance as required by the Contracting Authority for crime risks associated with the provision of postal services.

Full notice text

Contract notice

Section I: Contracting authority

I.1) Name and addresses

Post Office Ltd

c/o Lockton, The St Botolph Building, 138 Houndsditch

London

EC3A 7AG

UK

Contact person: Post Office Ltd c/o Lockton

Telephone: +44 2079332306

E-mail: postoffice.ojeu@uk.lockton.com

NUTS: UKI

Internet address(es)

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

I.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge at:

www.locktoninternational.com


Additional information can be obtained from the abovementioned address


Tenders or requests to participate must be sent to the abovementioned address


I.4) Type of the contracting authority

Body governed by public law

I.5) Main activity

Other: Provider of postal services and retail

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Insurance Services Review 2019 (Excluding Broker Services)

II.1.2) Main CPV code

66000000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Provision of insurances for crime, specie, motor/combined liability, professional indemnity, cyber, property damage and business interruption, directors and officers, sabotage and terrorism, and personal accident and business travel risks as required by Post Office Ltd and Post Office management services. Brokers dealing with insurance are not invited to submit bids. Any bids from insurance brokers or organisations the Contracting Authority deem to be brokers will be disqualified from the tender.

II.1.6) Information about lots

This contract is divided into lots: Yes

Tenders may be submitted for all lots

II.2) Description

Lot No: 1

II.2.1) Title

Crime Insurance

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKI

II.2.4) Description of the procurement

Insurance as required by the Contracting Authority for crime risks associated with the provision of postal services.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/11/2019

End: 31/10/2024

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: Yes

Description of options:

Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 2

II.2.1) Title

Specie Insurance

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKI

II.2.4) Description of the procurement

Insurance as required by the Contracting Authority for specie risks associated with the provision of postal services.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/11/2019

End: 31/10/2024

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: Yes

Description of options:

Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 3

II.2.1) Title

Motor and Combined Liability Insurance with a Cross Class Aggregate

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKI

II.2.4) Description of the procurement

Insurance as required by the Contracting Authority for motor and combined liability risks, with a cross class aggregate, associated with the provision of postal services.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/11/2019

End: 31/10/2024

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: Yes

Description of options:

Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 4

II.2.1) Title

Professional Indemnity Insurance (Post Office Ltd)

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKI

II.2.4) Description of the procurement

Insurance as required by the Contracting Authority for professional indemnity risks associated with the provision of postal services for Post Office Ltd.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/11/2019

End: 31/10/2024

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: Yes

Description of options:

Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 5

II.2.1) Title

Professional Indemnity Insurance (Post Office Management Services)

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKI

II.2.4) Description of the procurement

Insurance as required by the Contracting Authority for professional indemnity risks associated with the provision of postal services for Post Office management services.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/11/2019

End: 31/10/2024

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: Yes

Description of options:

Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 6

II.2.1) Title

Cyber Insurance

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKI

II.2.4) Description of the procurement

Insurance as required by the Contracting Authority for cyber risks associated with the provision of postal services.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/11/2019

End: 31/10/2024

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: Yes

Description of options:

Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 7

II.2.1) Title

Property Damage and Business Interruption Insurance

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKI

II.2.4) Description of the procurement

Insurance as required by the Contracting Authority for property damage and business interruption risks associated with the provision of postal services.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/11/2019

End: 31/10/2024

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: Yes

Description of options:

Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 8

II.2.1) Title

Directors and Officers Liability Insurance

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKI

II.2.4) Description of the procurement

Insurance as required by the Contracting Authority for directors and officers liability risks associated with the provision of postal services.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/11/2019

End: 31/10/2024

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: Yes

Description of options:

Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 9

II.2.1) Title

Sabotage and Terrorism Insurance

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKI

II.2.4) Description of the procurement

Insurance as required by the Contracting Authority for sabotage and terrorism risks associated with the provision of postal services

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/11/2019

End: 31/10/2024

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: Yes

Description of options:

Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 10

II.2.1) Title

Personal Accident and Business Travel Insurance

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKI

II.2.4) Description of the procurement

Insurance as required by the Contracting Authority for personal accident and business travel risks associated with the provision of postal services.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/11/2019

End: 31/10/2024

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: Yes

Description of options:

Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.

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 III: Legal, economic, financial and technical information

III.1) Conditions for participation

III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

List and brief description of conditions:

Potential providers may be asked to provide a certificate issued by the appropriate insurance regulatory authority indicating the types of insurance that the insurer is authorised to provide and must comply with UK Department for business, energy and industrial strategy requirements.

III.1.2) Economic and financial standing

Selection criteria as stated in the procurement documents


III.1.3) Technical and professional ability

Selection criteria as stated in the procurement documents


III.2) Conditions related to the contract

III.2.1) Information about a particular profession

Participation is reserved to a particular profession: Yes

Reference to the relevant law, regulation or administrative provision:

The service will be regulated by the provisions of the Financial Services and Markets Act 2000 and the Insurance Companies Act 1982 as amended from time to time. Insurers must be authorised by the FCA to conduct business in the UK. Brokers are not invited to submit bids.

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

IV.2) Administrative information

IV.2.2) Time limit for receipt of tenders or requests to participate

Date: 26/08/2019

Local time: 13:00

IV.2.4) Languages in which tenders or requests to participate may be submitted

EN

IV.2.7) Conditions for opening of tenders

Date: 26/08/2019

Local time: 13:00

Section VI: Complementary information

VI.1) Information about recurrence

This is a recurrent procurement: No

VI.4) Procedures for review

VI.4.1) Review body

Post Office Ltd

1st Floor, Finsbury Dials, Finsbury Street

London

EC2Y 9AQ

UK

VI.4.3) Review procedure

Precise information on deadline(s) for review procedures:

Post Office Ltd will incorporate a minimum of ten calendar days standstill period from the date of the award of the contract is communicated to tenderers.

VI.5) Date of dispatch of this notice

17/07/2019

Coding

Commodity categories

ID Title Parent category
66000000 Financial and insurance services Finance and Related Services
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:
postoffice.ojeu@uk.lockton.com
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

0800 222 9004

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