United Kingdom-Barking: Insurance services
Get tender notifications and more sign up now and never miss an opportunity again. Already a member? log in to your account.
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 : |
I.1) Name and addresses: NUTS code: UKI52 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 I.5.1) Main Activity: GENERAL PUBLIC SERVICES 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. II.1.6) This contract is divided into lots: no 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) II.2.7) 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 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. 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 Review body: Body responsible for mediation procedures VI.04.04) Service from which information about the review Date of dispatch of this notice : 2020-06-04 |
CPV Codes |
66510000; 66515200; Insurance services; Property insurance services; |
Sign-up now to receive weekly OJEU reports for the UK, your sector and/or elsewhere in the EU. We also report on the procurement of EC Institutions. |
|