Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
The Guinness Partnership Ltd
30 Brock Street, Regents Place
London
NW1 3FG
UK
Contact person: Chris Brown
Telephone: +44 1612197135
E-mail: Chris.Brown@guinness.org.uk
NUTS: UK
Internet address(es)
Main address: http://www.guinnesspartnership.com/
Address of the buyer profile: http://www.guinnesspartnership.com/
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Housing and community amenities
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Insurance and Related Services for The Guinness Partnership
Reference number: DN635048
II.1.2) Main CPV code
66510000
II.1.3) Type of contract
Services
II.1.4) Short description
The Guinness Partnership require insurance related services for the following areas:
Lot 1 - Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks
Lot 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)
Lot 3 - Insurance and related services associated with Cyber risks
Lot 4 - Insurance and related services associated with Terrorism Risks
Potential suppliers must make costed proposals for insurance arrangements which meet our insurance, risk management and servicing needs in the most appropriate and cost-effective way.
Minimum Requirements
Bidders must be able to meet the following minimum requirements:
• the financial ability to deliver the programme, including insurers with a minimum rating of “B++” from Standard & Poor, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee.
• the ability to provide the Contracting Authority with a choice of suitable insurers and/or suitable cover options
• a skilled and competent service team, which includes client relationship management, insurance claims management, insurance broking / underwriting and insurable risk managers
• the delivery of quality service to the Contracting Authority and our clients, including that provided to us by any third-party contractor employed by you or by the Insurer(s) you propose
Full Service Specification for all Lots can be found in Section 4 Specification of the 'Draft ITT Main Body' Document available with this Contract Notice
Estimated annual value for all LOTs is £8.675m per annum.
II.1.6) Information about lots
This contract is divided into lots:
Yes
II.1.7) Total value of the procurement
Lowest offer:
834 650.00
GBP/ Highest offer:
36 808 856.00
GBP
II.2) Description
Lot No: 4
II.2.2) Additional CPV code(s)
66514110
66515200
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
The Guinness Partnership require insurance related services for the following areas:
Lot 1 - Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks
Lot 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)
Lot 3 - Insurance and related services associated with Cyber risks
Lot 4 - Insurance and related services associated with Terrorism Risks
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 40
Price
/ Weighting:
60
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
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 000-028445
Section V: Award of contract
Lot No: 1
Title: Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
19/06/2023
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
Zurich Insurance PLC
Fareham
PO15 7JZ
UK
NUTS: UKC
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:
: 36 808 856.85
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 2
Title: Insurance and related services for Motor vehicle risks
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
19/06/2023
V.2.2) Information about tenders
Number of tenders received: 4
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Marsh Limited
London
EC3R 5BU
UK
NUTS: UK
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:
: 4 243 754.10
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 3
Title: Insurance and related services associated with Cyber risks
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
19/06/2023
V.2.2) Information about tenders
Number of tenders received: 4
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
East Grinstead
RH19 1LB
UK
NUTS: UK
The contractor is an SME:
Yes
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:
: 834 650.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 4
Title: Insurance and related services associated with Terrorism Risks
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
19/06/2023
V.2.2) Information about tenders
Number of tenders received: 6
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
East Grinstead
RH19 1LB
UK
NUTS: UK
The contractor is an SME:
Yes
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:
: 1 245 000.00
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, Cabinet Office
London
UK
VI.5) Date of dispatch of this notice
22/06/2023