Provision of Insurance and related services to Worthing Homes Limited

A Contract Award Notice
by WORTHING HOMES LIMITED

Source
Find a Tender
Type
Contract (Services)
Duration
1 year (est.)
Value
£96K-£659K
Sector
BUSINESS
Published
23 May 2024
Delivery
01 Apr 2024 to 31 Mar 2025 (est.)
Deadline
n/a

Concepts

Location

UNITED KINGDOM

Geochart for 3 buyers and 6 suppliers

3 buyers

3 suppliers

Description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Worthing Homes Limited

Lot Division

1 Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Worthing Homes Limited

A programme of General (non-life) insurance and related services for Worthing Homes Limited. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and employment practices liability. This list is to be decided at the sole discretion of Worthing Homes Limited. This Lot excludes: Motor (See Lot 2), Cyber (See Lot 3), Terrorism Pool Re (See Lot 4), Terrorism Non-Pool Re (See Lot 5), Directors and Officers Liability (See Lot 6)

2 Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)

Insurance and related services for motor vehicle risks (possibly including Motor legal expenses and Occasional business use extensions).

3 Insurance and related services associated with Cyber risks for Worthing Homes Limited

Insurance and related services associated with Cyber risks for Worthing Homes Limited.

4 Insurance and related services associated with Terrorism Risks (Pool Re Basis) for Worthing Homes Limited

Insurance and related services associated with Terrorism risks (Pool Re Basis) for Worthing Homes Limited

5 Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Worthing Homes Limited

Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Worthing Homes Limited

6 Insurance and related services associated with Directors and Officers' Liability

Insurance and related services associated with Directors and Officers' Liability risks for Worthing Homes Limited.

Award Detail

1 Marsh (London)
  • Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Worthing Homes Limited
  • Reference: 1
  • Num offers: 1
  • Value: £1,160,000
  • Subcontracting opportunities are expected.
2 Marsh (London)
  • Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)
  • Reference: 2
  • Num offers: 2
  • Value: £70,700.0-£71,700
  • Subcontracting opportunities are expected.
3 Weald Insurance Brokers (East Grinstead)
  • Insurance and related services associated with Cyber risks for Worthing Homes Limited
  • Reference: 3
  • Num offers: 3
  • Value: £37,000.0-£88,000
  • Subcontracting opportunities are expected.
4 Marsh (London)
  • Insurance and related services associated with Terrorism Risks (Pool Re Basis) for Worthing Homes Limited
  • Reference: 4
  • Num offers: 1
  • Value: £11,000
  • Subcontracting opportunities are expected.
5 Unnamed (None)
  • Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Worthing Homes Limited
  • Reference: 5
  • CONTRACT NOT AWARDED – NO SUCCESSFUL BIDDERS.
6 Weald Insurance Brokers (East Grinstead)
  • Insurance and related services associated with Directors and Officers' Liability
  • Reference: 6
  • Num offers: 3
  • Value: £34,000.0-£37,000
  • Subcontracting opportunities are expected.

Renewal Options

Worthing Homes Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance) and with the option to further extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Award Criteria

PRICE _

CPV Codes

  • 66510000 - Insurance services
  • 66513100 - Legal expenses insurance services
  • 66513200 - Contractor's all-risk insurance services
  • 66515000 - Damage or loss insurance services
  • 66515100 - Fire insurance services
  • 66515200 - Property insurance services
  • 66515410 - Financial loss insurance services
  • 66515411 - Pecuniary loss insurance services
  • 66516000 - Liability insurance services
  • 66516400 - General liability insurance services
  • 66516500 - Professional liability insurance services
  • 66517300 - Risk management insurance services
  • 66518000 - Insurance brokerage and agency services
  • 66518300 - Insurance claims adjustment services
  • 66514110 - Motor vehicle insurance services
  • 66516100 - Motor vehicle liability insurance services
  • 66000000 - Financial and insurance services

Indicators

  • Options are available.
  • Award on basis of price.

Other Information

To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=864060225 GO Reference: GO-2024523-PRO-26200603

Reference

Domains