United Kingdom-Barking: Insurance services

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Title United Kingdom-Barking: Insurance services
OJEU (High Value) 265810-2020
Type Invitation to tender
Date Published 2020-06-08
Deadline 2020-07-10 12:00:00
Nature Of Contract Service contract
Awarding Authority
Procedure Open procedure

Description :
CONTRACT NOTICE


Section I: Contracting authority

I.1) Name and addresses:
Official name: London Borough of Barking and Dagenham
Postal address: Town Hall Square, 1 Clockhouse Avenue
Town: Barking
Postal code: IG11 7LU
Country: UK
Contact person: Steven Gibson
Telephone: +44 2082272204
E-mail: Steve.Gibson@lbbd.gov.uk
NUTS code: UKI52
Main address: www.lbbd.gov.uk/
Address of the buyer profile (URL): External Portal Detected (Private Hosting) - Please note that access to this portal will be provided free of charge.

Communication
I.3) Procurement documents
(URL): External Portal Detected (Private Hosting) - Please note that access to this portal will be provided free of charge.

Additional Information
I.3.4) Additional information can be obtained from:
I.3.8) to the above mentioned address
I.4) Type of the contracting authority: REGIONAL AUTHORITY

Main Activity
I.5.1) Main Activity: GENERAL PUBLIC SERVICES

Section II: Object of Contract


Title:
Insurance Services (Excluding Insurance Broking Services) for London Borough of Barking and Dagenham


II.1.4) Short description
It is the intention of London Borough of Barking and Dagenham to tender its leasehold right to buy and mortgaged properties insurance programme due for renewal on 29 September 2020.


Information about lots
II.1.6) This contract is divided into lots: no

Description: Item/Lot 1
NUTS code: UKI52
II.1.4) Short description
Leasehold right to buy and mortgaged properties

II.2.5) Award criteria:

II.2.6) Duration of the contract, framework agreement or dynamic purchasing system
II.2.7) Start: 2020-09-29
II.2.7) End: 2023-09-28
II.2.7.5) This contract is subject to renewal: yes
II.2.7.6) Description of renewals:
As detailed in the ITT.

II.2.10) Variants will be accepted: no

The procurement is related to a project and/or programme financed by European Union funds): no

Section III: Legal, economic, financial and technical information

III.1.1) List and brief description of conditions
This tender is open only to insurance companies and managing general agents regulated by the Financial Conduct Authority and Market Act 2000, Insurance Companies Act 1982 and any other statutory modifications thereof. Insurance companies and MGA’s may provide terms through an intermediary/broker.

For the avoidance of doubt this competition does not include a requirement for insurance broking services and placement of coverage will be by Gallagher with the bidding Insurers/MGA and not via the introducing intermediary.

Evaluation will be undertaken as referred to within the ITT document

III.1.2.3) List and brief description of selection criteria
Applicants are requested to provide with their letter of application details of their financial standing, including confirmation of company registration number and the company address.

Applicants may be asked for further information if the authority feels it is necessary.

The financial assessment will be based upon a credit check and review of the supplied accounts in relation to the value of business applied for.

III.1.2.4) Minimum level(s) of standards possibly required
All bidders should hold an AM Best rating of BBB+ or equivalent.

III.1.3.2) List and brief description of selection criteria
Service providers shall be authorised to write the class of insurance listed within EU member states subject to English law and jurisdiction of English Courts.


III.2.1) Reference to the relevant law, regulation or administrative provision
Financial Services and Market Act 2000, Insurance Companies Act 1982 and other statutory modifications thereof, and associated obligations of the financial conduct authority.

Insurers must be authorised to carry out business in the relevant class of insurance listed in II.1.4).

This competition does not include a requirement for insurance broking services and insurance brokers are not eligible to participate in the tender.


Section IV: Procedure

IV.1.1) Type of procedure: Open

IV.2.1) Time limit for receipt of tenders or requests to participate
IV.2.2) Date 2020-07-10
IV.2.2) Local time 12:00


IV.2.7) Conditions for opening of tenders
IV.2.7) Date 2020-07-13
IV.2.7) Local time 09:00

Section V: Complementary information



Review body:
Official name: London Borough of Barking and Dagenham
Postal address: Town Hall Square, 1 Clockhouse Avenue
Town: Barking
Postal code: IG11 7LU
Country: UK
Telephone: +44 2082272204
URL: http://www.lbbd.gov.uk

Body responsible for mediation procedures
Official name: London Borough of Barking and Dagenham
Postal address: Town Hall Square, 1 Clockhouse Avenue
Town: Barking
Postal code: IG11 7LU
Country: UK
Telephone: +44 2082272204
URL: http://www.lbbd.gov.uk

VI.04.04) Service from which information about the review
Official name: High Court
Postal address: Royal Courts of Justice, The Strand
Town: London
Postal code: WC2A 2LL
Country: UK
Telephone: +44 2079476000

Section VI

Date of dispatch of this notice : 2020-06-04

CPV Codes
66510000; 66515200; Insurance services; Property insurance services;

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