Property Insurance

A Contract Award Notice
by SOUTH LANARKSHIRE COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£11M
Sector
BUSINESS
Published
10 May 2024
Delivery
not specified
Deadline
n/a

Concepts

Location

Hamilton

Geochart for 3 buyers and 1 suppliers

3 buyers

1 supplier

Description

South Lanarkshire Council has a requirement to ensure that its property portfolio is protected against financial loss that could result from an insured peril leading to loss or damage to the property. The policy extends to cover the following elements: - Material damage (buildings and contents) - Business interruption - Money - Computer

Total Quantity or Scope

A mini competition from RM6138 Crown Commercial Services Insurance Services 3 Dynamic Purchasing System (DPS) was identified as a compliant route to market. The Invitation to Tender (ITT) for the Mini Competition was issued through Crown Commercial Service eSourcing on 14 September 2023 to 23 suppliers appointed to the DPS. The Council received no suitable bids therefore, a negotiated procedure was utilised. The award of this contract under the Negotiated Tendering Procedure can be justified under Standing Order 9.3.1 of the Council’s Standing Orders on Contracts and Regulation 33(1) of The Public Contracts (Scotland) Regulations 2015 for the following reason:- - where as a result of the publication of a contract notice no suitable tenders has been received.

Award Detail

1 Risk Management Partners (London)
  • Reference: slc/fc/23/133
  • Num offers: 1
  • Value: £10,605,445

Award Criteria

Technical 40.0
PRICE 60.0

CPV Codes

  • 66510000 - Insurance services

Indicators

  • Award on basis of price.

Other Information

(SC Ref:766280)

Reference

Domains