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Contract Award Notice

Insurance for Property, Liability, Motor Fleet, Group Personal Accident, Travel and School Journey,

  • First published: 04 May 2018
  • Last modified: 04 May 2018
  • 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:
Isle of Wight Council
Authority ID:
AA21249
Publication date:
04 May 2018
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 (includes one leased in property).

— Education.

— Light industrial units leased out.

— Business interruption.

— Additional expenditure.

— Loss of revenue.

— Contract works.

— Computers.

— Specified all risks.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting authority

I.1) Name and addresses

Isle of Wight Council

County Hall, High Street

Newport

PO30 1UD

UK

Contact person: Mr Luke Stone

Telephone: +44 1983821000

E-mail: luke.stone@iow.gov.uk

NUTS: UKJ34

Internet address(es)

Main address: http://www.iwight.com

Address of the buyer profile: http://www.iwight.com

I.4) Type of the contracting authority

Regional or local authority

I.5) Main activity

Economic and financial affairs

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Insurance for Property, Liability, Motor Fleet, Group Personal Accident, Travel and School Journey, excluding Broker Services

Reference number: DN316265

II.1.2) Main CPV code

66000000

 

II.1.3) Type of contract

Services

II.1.4) Short description

The Isle of Wight Council requires annual insurance policies.

II.1.6) Information about lots

This contract is divided into lots: Yes

II.1.7) Total value of the procurement

Value excluding VAT: 2 475 126.95  GBP

II.2) Description

Lot No: 1

II.2.1) Title

Lot 1 — Property Insurance (excluding broker services)

II.2.2) Additional CPV code(s)

66000000

II.2.3) Place of performance

NUTS code:

UKJ34

II.2.4) Description of the procurement

This Lot incorporates the following classes of business:

— Material damage.

— General (includes one leased in property).

— Education.

— Light industrial units leased out.

— Business interruption.

— Additional expenditure.

— Loss of revenue.

— Contract works.

— Computers.

— Specified all risks.

II.2.5) Award criteria

Quality criterion: Assessment of policy cover / Weighting: 30

Quality criterion: Claims service / Weighting: 15

Quality criterion: Added value and innovation / Weighting: 5

Price / Weighting:  50

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

Lot No: 2

II.2.1) Title

Liability Insurance excluding Broker Services

II.2.2) Additional CPV code(s)

66000000

II.2.3) Place of performance

NUTS code:

UKJ34

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.

— Hirers liability.

II.2.5) Award criteria

Quality criterion: Assessment of policy cover / Weighting: 35

Quality criterion: Claims service / Weighting: 15

Quality criterion: Added value and innovation / Weighting: 5

Price / Weighting:  45

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

Lot No: 3

II.2.1) Title

Motor Fleet Insurance (excluding Broker Services)

II.2.2) Additional CPV code(s)

66000000

II.2.3) Place of performance

NUTS code:

UKJ34

II.2.4) Description of the procurement

Lot 3 – Motor Fleet Insurance (excluding Broker Services).

This Lot incorporates the following classes of business:

— Motor Fleet.

II.2.5) Award criteria

Quality criterion: Assessment of policy cover / Weighting: 20

Quality criterion: Claims service / Weighting: 15

Quality criterion: Added value and innovation / Weighting: 5

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

Lot No: 4

II.2.1) Title

Lot 4 – Group Personal Accident and Travel Insurance (excluding Broker Services)

II.2.2) Additional CPV code(s)

66000000

II.2.3) Place of performance

NUTS code:

UKJ34

II.2.4) Description of the procurement

Lot 4 – Group personal accident and travel insurance (excluding Broker services).

This Lot incorporates the following classes of business:

— Personal accident.

— Business travel.

— School journey.

II.2.5) Award criteria

Quality criterion: Assessment of policy / Weighting: 20

Quality criterion: Claims service / Weighting: 10

Quality criterion: Added value and innovation / Weighting: 15

Price / Weighting:  55

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

Open procedure

IV.1.6) Information about electronic auction

An electronic auction will be used

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 005-007214

Section V: Award of contract

Lot No: 1

Title: Property Insurance (excluding Broker Services)

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

27/03/2018

V.2.2) Information about tenders

Number of tenders received: 6

Number of tenders received from SMEs: 1

Number of tenders received from tenderers from EU Member States: 5

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

Travelers Ins Co Ltd

01034343

61-63 London Road, Redhill

Surrey

RH1 1NA

UK

NUTS: UKJ34

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: : 1 348 637.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 2

Title: Liability Insurance (excluding Broker Services)

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

27/03/2018

V.2.2) Information about tenders

Number of tenders received: 1

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: 1

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

V.2.3) Name and address of the contractor

Risk Management Partners Limted

2989025

67 Lombard Street

London

EC3V 9LJ

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: : 980 625.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 3

Title: Lot 3 Motor Fleet Insurance (excluding Broker Services)

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

27/03/2018

V.2.2) Information about tenders

Number of tenders received: 6

Number of tenders received from SMEs: 1

Number of tenders received from tenderers from EU Member States: 5

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

Travelers Insurance Company Ltd

01034343

61-63 London Road Redhill

Surrey

RH1 1NA

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: : 99 156.25  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 4

Title: Group Personal Accident and Travel Insurance excluding Broker Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

27/03/2018

V.2.2) Information about tenders

Number of tenders received: 1

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: 1

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

V.2.3) Name and address of the contractor

Risk Management Partners Ltd.

2989025

67 Lombard Street London

Greater London

EC3V 9LJ

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: : 46 708.70  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

The High Court

The Strand

London

UK

VI.5) Date of dispatch of this notice

26/04/2018

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:
luke.stone@iow.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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