Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Flood Re Ltd
75 King William Street
London
EC4N 7BE
UK
E-mail: servicedesk@floodre-operations.co.uk
NUTS: UKI
Internet address(es)
Main address: http://www.floodre.co.uk/
I.4) Type of the contracting authority
Regional or local agency/office
I.5) Main activity
Other: Provision of Reinsurance
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Provision of Stop Loss Capacity
II.1.2) Main CPV code
66700000
II.1.3) Type of contract
Services
II.1.4) Short description
Provision of stop loss capacity.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
9 000 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66700000
II.2.3) Place of performance
NUTS code:
UK
Main site or place of performance:
UNITED KINGDOM
II.2.4) Description of the procurement
Provision of stop loss capacity.
II.2.5) Award criteria
Quality criterion: Contract wording
/ Weighting: 40 %
Quality criterion: Capacity
/ Weighting: 10 %
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
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Restricted procedure
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 145-332094
Section V: Award of contract
Title: Provision of Stop Loss Capacity
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2019
V.2.2) Information about tenders
Number of tenders received: 8
The contract has been awarded to a group of economic operators:
Yes
V.2.3) Name and address of the contractor
Davinci Reinsurance Ltd
Renaissance House, 12 Crow Lane
Pembroke
BM
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Hannover Re (Bermuda) Ltd
Victoria Place, 2nd Floor 31 Victoria Street
Hamilton
BM
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Lloyds Hiscox Syndicate 33
1 Great St Helens
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Lloyd's Nephila Syndicate 2357
Victoria Place, 3rd Floor West, 31 Victoria Street Hamilton, HM10, Bermuda
Hamilton
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Renaissance Reinsurance Ltd
Renaissance House, 12 Crow Lane, Pembroke HM 19, Bermuda
Pembroke
BM
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
XL Bermuda Ltd
O' Hara House, PO Box HM 2245, One Bermudian Road
O' Hara House, PO Box HM 2245, One Bermudian Road
BM
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
XL Re Europe SE (UK Branch)
20 Gracechurch Street
London
EC3V 0BG
BM
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Partner Reinsurance Company Ltd
Bellerivestrasse 36, 8034, Zurich, Switzerland
Zurich
CH
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:
: 9 000 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
1) The contracting authority reserves the right to not hold a negotiation phase should it wish to accept an initial bid;
2) The contracting authority reserves the rights to deselect bidders who do not meet the requirement of the standard selection questionnaire;
3) The contracting authority reserves the right to cancel the bid process if circumstances dictate that this is an appropriate action;
4) All ITT and information pertaining to the tender will be provided on successful completion of the SSQ phase.
VI.4) Procedures for review
VI.4.1) Review body
Flood Re Ltd
75 King William Street
London
EC4N 7BE
UK
VI.5) Date of dispatch of this notice
31/10/2019