Provision of Insurance and related services to Pickering & Ferens Homes
A Voluntary Ex-Ante Transparency (VEAT) Notice
by PICKERING & FERENS HOMES
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 1 year (est.)
- Value
- £90K-£2M
- Sector
- BUSINESS
- Published
- 20 Mar 2024
- Delivery
- 01 Apr 2024 to 31 Mar 2025 (est.)
- Deadline
- n/a
Concepts
Location
UNITED KINGDOM
2 buyers
2 suppliers
- JM Glendinning Leeds
- Arthur J Gallagher Chelmsford
Description
Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Pickering & Ferens Homes.
Lot Division
| 1 | Insurance and related services for Property and Property Owners Liability, as required by Pickering & Ferens Homes Property Damage and Property Owners Liability insurance for Pickering & Ferens Homes. The programme will require Insurance and related services for risks including property damage and related business interruption, property owners liability, to be decided at the sole discretion of Pickering & Ferens Homes. |
| 2 | Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Pickering & Ferens Homes A programme of General (non-life) insurance and related services for Pickering & Ferens Homes. The programme will require Insurance and related services for risks that may include but not be limited to: Damage and business interruption, employers, public, products liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and commercial legal expenses. This list is to be decided at the sole discretion of Pickering & Ferens Homes. This Lot excludes: Property and POL (See Lot 1). This Lot also excludes Engineering, Cyber, Terrorism and Directors and Officers Liability insurance covers which have been successfully procured. |
Award Detail
| 1 | JM Glendinning (Leeds)
|
| 2 | Arthur J Gallagher (Chelmsford)
|
Renewal Options
Pickering & Ferens Homes 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), subject to satisfactory service, performance and cost.
CPV Codes
- 66510000 - Insurance services
- 66515000 - Damage or loss insurance services
- 66515200 - Property insurance services
- 66516000 - Liability insurance services
- 66516400 - General liability insurance services
- 66518000 - Insurance brokerage and agency services
- 66512100 - Accident insurance services
- 66513000 - Legal insurance and all-risk insurance services
- 66513100 - Legal expenses insurance services
- 66513200 - Contractor's all-risk insurance services
- 66515410 - Financial loss insurance services
- 66516500 - Professional liability insurance services
Indicators
- Options are available.
- Award on basis of price and quality.
Legal Justification
In relation to Contract Notice 2023/S 000-024285, none of the Bids received at ITT stage sufficiently met the requirement for Property Insurance specifically relating to full storm/flood protection in line with the Contracting Authority's expiring insurance arrangements at an affordable price. We will proceed to negotiate with the providers thought most likely to be able to meet as closely as possible the advertised requirement.
Other Information
In relation to Contract Notice 2023/S 000-024285, none of the Bids received at ITT stage sufficiently met the requirement for Property Insurance specifically relating to full storm/flood protection in line with the Contracting Authority's expiring insurance arrangements at an affordable price. We will proceed to negotiate with the providers thought most likely to be able to meet as closely as possible the advertised requirement. For our Property Insurance, the provider we have chosen to negotiate with is J M Glendinning Community Risk Solutions. For the other classes of insurance required including Office, Contract Works, Computer, Casualty and financial lines covers, the provider we have chosen to negotiate with is Arthur J Gallagher Insurance Brokers. To view this notice, please click here: <a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=850157660" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=850157660 GO Reference: GO-2024319-PRO-25543128
Reference
- FTS 008947-2024