Provision of Insurance and related services to Wandle Housing Association

A Tender Notice
by WANDLE HOUSING ASSOCIATION

Source
Find a Tender
Type
Contract (Services)
Duration
5.5 year
Value
£11M
Sector
BUSINESS
Published
14 May 2024
Delivery
30 Sep 2024 to 01 Apr 2030
Deadline
13 Jun 2024 17:00

Concepts

Location

LONDON,UNITED KINGDOM

Geochart for 3 buyers and 0 suppliers

Description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Wandle Housing Association

Lot Division

1 Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Wandle Housing Association
  • Value: £10M

A programme of General (non-life) insurance and related services for Wandle Housing Association 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 Wandle Housing Association. This Lot excludes: Motor (See Lot 2), Terrorism Pool Re(See Lot 3), Terrorism Non-Pool Re (See Lot 4), Professional Indemnity (See Lot 5), Crime/ Fidelity Guarantee (See Lot 6) and Engineering (See Lot 7)

2 Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)
  • Value: £770K

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 Terrorism Risks (Pool Re Basis) for Wandle Housing Association
  • Value: £143K

Insurance and related services associated with Terrorism risks (Pool Re Basis) for Wandle Housing Association

4 Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Wandle Housing Association
  • Value: £143K

Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Wandle Housing Association

5 Insurance and related services associated with Professional Indemnity Insurance for Wandle Housing Association
  • Value: £55K

Insurance and related services associated with Professional Indemnity Insurance for Wandle Housing Association

6 Insurance and related services associated with Crime / Fidelity Guarantee risks for Wandle Housing Association
  • Value: £55K

Insurance and related services associated with Crime / Fidelity Guarantee risks for Wandle Housing Association

7 Insurance and related services associated with Engineering for Wandle Housing Association
  • Value: £220K

Insurance and related services associated with Engineering for Wandle Housing Association

Renewal Options

Wandle Housing Association will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years and 6 months with the initial contract period running from 30th September 2024 to 31st March 2025 (6 months). All future renewals will be from 1st April 2025 on an annual basis (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance). The further 2 year extension will be on a 1+1 basis (2 singular periods of insurance), subject to satisfactory service, performance and cost. Wandle Housing Association will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years and 6 months (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 singular periods of insurance, 1+1 basis), 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
  • 66519200 - Engineering 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: https://www.delta-esourcing.com/tenders/UK-UK-London:-Insurance-services./6R4T56... To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/6R4T56S2FS GO Reference: GO-2024514-PRO-26036344

Reference

Domains