Brokerage, Provision and Management of Insurance Requirements for the General Lighthouse Authorities (GLA's)

A Tender Notice
by CORPORATION OF TRINITY HOUSE

Source
Find a Tender
Type
Contract (Services)
Duration
5 year
Value
£8M
Sector
BUSINESS
Published
16 Oct 2024
Delivery
20 Feb 2025 to 31 Mar 2030
Deadline
15 Nov 2024 00:00

Concepts

Location

United Kingdom: UNITED KINGDOM,IRELAND

Geochart for 3 buyers and 0 suppliers

3 buyers

Description

The Corporation of Trinity House on behalf of itself and the other General Lighthouse Authorities (GLAs) of the United Kingdom and

Total Quantity or Scope

As detailed in the invitation to tender documentation. Additional information: The full award criteria is available in the ITT, due to word count restrictions, it has been condensed above.

Renewal Options

3 + 1 + 1

Award Criteria

Demonstrate your organisation’s understanding of the GLA’s requirements.... 12
Provide a timed plan that explains how your organisation will manage the annual renewal process.... 8
Post Renewal: Detail how you will ensure the optimal communication of key policy information to the client...... 5
Provide evidence that the underwriting market you are able to access can provide the General Liability policy wording set out ..... or provide alternative wording 10
Demonstrate your organisation’s approach to providing proactive advice to the GLAs 8
Demonstrate your organisation’s approach to providing proactive advice to the GLAs as required across the term of the contract on loss prevention 7
Detail your organisation’s approach for handling customer claims. Describe the Key Performance Indicators / Service Level Agreements you would put in place to manage any claims on a timely basis 10
Suitability of demonstratable understanding of the wider maritime insurance market 10
Social value 10
3-year fixed broker fee and Hourly/day rates for ad hoc advice if applicable and not included within broker fee 20

CPV Codes

  • 66518100 - Insurance brokerage services

Indicators

  • Variant bids may be considered.
  • This is a recurring contract.
  • Options are available.
  • Renewals are available.

Other Information

The Republic of Ireland invites potential tenderers to submit a proposal for the brokerage, provision and management of insurance requirements for the GLAs between 2025 - 2028, with possible extensions to 2030. This will require the successful tenderer to place, and thereafter manage, the GLAs’ protection and indemnity and war risk insurance requirements, as described in the General Lighthouse Authorities' Register of Major Insurances and Trinity House Non-Marine Insurances from 20th February 2025 and the other insurances as described in the register from 1st April 2025. The General Lighthouse Authorities' Register of Major Insurances and Trinity House Non-Marine Insurances will be included as an annex to the Invitation to Tender. It is anticipated that the tender will result in a fixed price brokerage contract for three years, with an option to extend the contract for a further period of 12 months and a subsequent 12 months thereafter, at the GLAs’ sole discretion. ** PREVIEW NOTICE, please check Find a Tender for full details. ** 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. To view this notice, please click here: https://trinityhouse.delta-esourcing.com/delta/viewNotice.html?noticeId=89310002... GO Reference: GO-20241016-PRO-28124159

Reference

Domains