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Contract Award Notice

Insurance Services Review 2019 (Excluding Broker Services)

  • First published: 15 October 2019
  • Last modified: 15 October 2019
  • 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:
Post Office Ltd
Authority ID:
AA73424
Publication date:
15 October 2019
Deadline date:
-
Notice type:
Contract Award 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 award notice

Results of the procurement procedure

Section I: Contracting entity

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.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

II.1.7) Total value of the procurement

Value excluding VAT: 1.00  EUR

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

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 + 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

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 + 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

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 + 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

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 + 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

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 + 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

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 + 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

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 + 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

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 + 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

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 + 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

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 + 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 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.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2019/S 138-340331

Section V: Award of contract

Lot No: 1

Title: Crime Insurance

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: 2

Contract No: 2

Title: Specie Insurance

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: 3

Contract No: 3

Title: Motor and Combined Liability Insurance with a Cross Class Aggregate

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

10/10/2019

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

Zurich

N/A

Farnborough

UK

NUTS: UKI

The contractor is an SME: No

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

Total value of the contract/lot: : 1.00  EUR

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 4

Contract No: 4

Title: Professional Indemnity Insurance (Post Office Ltd)

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: 5

Contract No: 5

Title: Professional Indemnity Insurance (Post Office Management Services)

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

Title: Cyber Insurance

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: 7

Contract No: 7

Title: Property Damage and Business Interruption Insurance

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

10/10/2019

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

QBE

N/A

London

UK

NUTS: UKI

The contractor is an SME: No

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

Total value of the contract/lot: : 1.00  EUR

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 8

Contract No: 8

Title: Directors and Officers Liability Insurance

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: 9

Contract No: 9

Title: Sabotage and Terrorism Insurance

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: 10

Contract No: 10

Title: Personal Accident and Business Travel Insurance

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 VI: Complementary information

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 10 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

10/10/2019

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.

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