Provision of Insurance and related services to Worthing Homes Limited
A Tender Notice
by WORTHING HOMES LIMITED
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 1 year
- Value
- £930K
- Sector
- BUSINESS
- Published
- 25 Sep 2023
- Delivery
- 01 Apr 2024 to 31 Mar 2025
- Deadline
- 27 Oct 2023 17:00
Concepts
Location
UNITED KINGDOM
3 buyers
- Worthing Homes Worthing
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. |
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. 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.
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
- Restrictions apply to the lot award allocation.
- Bids should cover a maximum number of lots.
- Bids may cover one or more lots.
- This is a recurring contract.
- Options are available.
- Renewals are available.
- Financial restrictions apply.
- Professional qualifications are sought.
- Staff qualifications are relevant.
- Award on basis of price and quality.
Other Information
The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. Bidders should note that for reasons of confidentiality, full Tender information will be made available only to those bidders that are selected to proceed to the ITT Stage. Sufficient detail is provided within this Notice, the SQ and via the Authority's e-procurement portal to enable the Bidder to decide whether or not to participate in this process. At the ITT stage, all respondents will be required to detail your proposed insurance wordings and provide details of relevant experience of all account servicing, claims handling and risk management staff. For more information about this opportunity, please visit the Delta eSourcing portal at: <a href="https://www.delta-esourcing.com/tenders/UK-UK-Worthing:-Insurance-services./PCF7S22TE3" target="_blank">https://www.delta-esourcing.com/tenders/UK-UK-Worthing:-Insurance-services./PCF7S22TE3 To respond to this opportunity, please click here: <a href="https://www.delta-esourcing.com/respond/PCF7S22TE3" target="_blank">https://www.delta-esourcing.com/respond/PCF7S22TE3 GO Reference: GO-2023925-PRO-24047163
Reference
- FTS 028263-2023