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Contract Award Notice

VIVID - Insurance and Related Services for VIVID Housing Limited

  • First published: 04 July 2023
  • Last modified: 04 July 2023

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-038ddd
Published by:
VIVID
Authority ID:
AA61566
Publication date:
04 July 2023
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

A programme of General (non-life) insurance and related services for VIVID Housing Limited. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident and employment practices liability. This list is to be decided at the sole discretion of VIVID Housing Limited. This Lot excludes: Motor (See Lot 2), Engineering Insurance (See Lot 3), Cyber (See Lot 4), Terrorism (Pool Re Basis) (See Lot 5), Terrorism / Political Violence (Non Pool Re Basis) (See Lot 6), Directors and Officers Liability (See Lot 7), Professional Indemnity (See Lot 8) and Crime (See Lot 9)

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

VIVID

Peninsula House

Portsmouth

PO2 8HB

UK

Contact person: Mr Luke Stone

Telephone: +44 1256368722

E-mail: luke.stone@vividhomes.co.uk

NUTS: UKJ3

Internet address(es)

Main address: http://www.vividhomes.co.uk

Address of the buyer profile: http://www.vividhomes.co.uk

I.4) Type of the contracting authority

Other: Housing Association

I.5) Main activity

Housing and community amenities

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

VIVID - Insurance and Related Services for VIVID Housing Limited

Reference number: DN647506

II.1.2) Main CPV code

66000000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by VIVID Housing Limited

II.1.6) Information about lots

This contract is divided into lots: Yes

II.1.7) Total value of the procurement

Lowest offer: 9 000 000.00  GBP/ Highest offer: 14 500 000.00  GBP

II.2) Description

Lot No: 1

II.2.1) Title

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by VIVID Housing Limited

II.2.2) Additional CPV code(s)

66515100

66515200

66515410

66516400

66516500

66517300

66518300

II.2.3) Place of performance

NUTS code:

UKJ

II.2.4) Description of the procurement

A programme of General (non-life) insurance and related services for VIVID Housing Limited. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident and employment practices liability. This list is to be decided at the sole discretion of VIVID Housing Limited. This Lot excludes: Motor (See Lot 2), Engineering Insurance (See Lot 3), Cyber (See Lot 4), Terrorism (Pool Re Basis) (See Lot 5), Terrorism / Political Violence (Non Pool Re Basis) (See Lot 6), Directors and Officers Liability (See Lot 7), Professional Indemnity (See Lot 8) and Crime (See Lot 9)

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

Description of these options: VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

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

Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)

II.2.2) Additional CPV code(s)

66514110

II.2.3) Place of performance

NUTS code:

UKJ

II.2.4) Description of the procurement

Insurance and related services for motor vehicle risks (possibly including Motor legal expenses and Occasional business use extensions).

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost

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

Insurance and related services associated with items of Engineering Insurance for VIVID Housing Limited

II.2.2) Additional CPV code(s)

66000000

II.2.3) Place of performance

NUTS code:

UKJ

II.2.4) Description of the procurement

Insurance and related services associated with items of Engineering Insurance for VIVID Housing Limited

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost

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

Insurance and related services associated with Cyber risks for VIVID Housing Limited

II.2.2) Additional CPV code(s)

66000000

II.2.3) Place of performance

NUTS code:

UKJ

II.2.4) Description of the procurement

Insurance and related services associated with Cyber risks for VIVID Housing Limited

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost

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

Insurance and related services associated with Cyber risks for VIVID Housing Limited

II.2.2) Additional CPV code(s)

66000000

II.2.3) Place of performance

NUTS code:

UKJ

II.2.4) Description of the procurement

: Insurance and related services associated with Terrorism (Pool Re Basis of Cover) risks for VIVID Housing Limited

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

VIVID Housing Limited considered entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost

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

Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for VIVID Housing Limited

II.2.2) Additional CPV code(s)

66000000

II.2.3) Place of performance

NUTS code:

UKJ

II.2.4) Description of the procurement

.Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for VIVID Housing Limited

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

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

Insurance and related services associated with Directors and Officers' Liability

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKJ

II.2.4) Description of the procurement

VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

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

Insurance and related services associated with Crime / Fidelity Guarantee

II.2.2) Additional CPV code(s)

66510000

II.2.3) Place of performance

NUTS code:

UKJ

II.2.4) Description of the procurement

Insurance and related services associated with Crime / Fidelity Guarantee

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

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

Competitive procedure with negotiation

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:

2022/S 000-035546

Section V: Award of contract

Lot No: 1

Contract No: 1

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/06/2023

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 1

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

Marsh Limited

1 Tower Place West

London

EC3R 5BU

UK

NUTS: UK

The contractor is an SME: No

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

Total value of the contract/lot: Lowest offer: 7 000 000.00  GBP / Highest offer: 12 300 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 2

Contract No: 2

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/06/2023

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 1

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

Arthur J. Gallagher Insurance Brokers Ltd, SC108909

Spectrum Building, 7th Floor, 55 Blythswood Street

Glasgow

G27AT

UK

NUTS: UK

The contractor is an SME: Yes

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

Total value of the contract/lot: Lowest offer: 1 200 000.00  GBP / Highest offer: 1 275 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 3

Contract No: 3

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/06/2023

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 1

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

Marsh Limited, 01507274

1 Tower Place West, Tower Place

London

EC3R 5BU

UK

NUTS: UK

The contractor is an SME: No

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

Total value of the contract/lot: Lowest offer: 35 000.00  GBP / Highest offer: 37 500.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 4

Contract No: 4

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/06/2023

V.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received from SMEs: 2

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

Weald Insurance Brokers Ltd, 00957953

Knighthood House, Imberhorne Lane, East Grinstead

West Sussex

RH19 1LB

UK

NUTS: UK

The contractor is an SME: Yes

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

Total value of the contract/lot: Lowest offer: 13 500.00  GBP / Highest offer: 166 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 5

Contract No: 5

A contract/lot is awarded: No

V.1 Information on non-award

The contract/lot is not awarded

No tenders or requests to participate were received or all were rejected

Section V: Award of contract

Lot No: 6

Contract No: 6

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/06/2023

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 2

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

Weald Insurance Brokers Ltd, 00957953

Knighthood House, Imberhorne Lane, East Grinstead

West Sussex

RH19 1LB

UK

NUTS: UK

The contractor is an SME: Yes

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

Total value of the contract/lot: Lowest offer: 255 000.00  GBP / Highest offer: 320 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 7

Contract No: 7

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/06/2023

V.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received from SMEs: 2

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

Weald Insurance Brokers Ltd, 00957953

Knighthood House, Imberhorne Lane, East Grinstead

West Sussex

RH19 1LB

UK

NUTS: UK

The contractor is an SME: Yes

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

Total value of the contract/lot: Lowest offer: 110 000.00  GBP / Highest offer: 165 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 8

Contract No: 8

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/06/2023

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 2

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

Marsh Limited, 01507274

1 Tower Place West, Tower Place

London

EC3R 5BU

UK

NUTS: UK

The contractor is an SME: Yes

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

Total value of the contract/lot: Lowest offer: 295 000.00  GBP / Highest offer: 300 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 9

Contract No: 9

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/06/2023

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 1

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

Marsh Limited, 01507274

1 Tower Place West, Tower Place

London

EC3R 5BU

UK

NUTS: UK

The contractor is an SME: No

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

Total value of the contract/lot: Lowest offer: 30 000.00  GBP / Highest offer: 65 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

The High Court of England and Wales

London

UK

VI.4.3) Review procedure

Precise information on deadline(s) for review procedures:

Precise information on deadline(s) for review procedures: The Contracting Authority entered into these contracts following a 10 calendar day standstill period starting on the day after the notification of the result. The Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or who are at risk of harm by a breach of the Regulations to bring proceedings in the High Court. Any such proceedings must be brought within the limitation period specified by the Regulations according to the remedy sought.

VI.5) Date of dispatch of this notice

03/07/2023

Coding

Commodity categories

ID Title Parent category
66000000 Financial and insurance services Finance and Related Services
66515410 Financial loss insurance services Damage or loss insurance services
66515100 Fire insurance services Damage or loss insurance services
66516400 General liability insurance services Liability insurance services
66518300 Insurance claims adjustment services Insurance brokerage and agency services
66510000 Insurance services Insurance and pension services
66514110 Motor vehicle insurance services Freight insurance and Insurance services relating to transport
66516500 Professional liability insurance services Liability insurance services
66515200 Property insurance services Damage or loss insurance services
66517300 Risk management insurance services Credit and surety 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:
luke.stone@vividhomes.co.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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