Insurance and Related Services for The Guinness Partnership

The Guinness Partnership LtdcontractFind a TenderRef ocds-h6vhtk-03747532014L0024active
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Estimated value

services

Awarded value

Suppliers

4

2 SME

Lots

1

4 awarded

Published

22 Jun 2023

Description

The Guinness Partnership require insurance related services for the following areas: Lot 1 - Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks Lot 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use) Lot 3 - Insurance and related services associated with Cyber risks Lot 4 - Insurance and related services associated with Terrorism Risks Potential suppliers must make costed proposals for insurance arrangements which meet our insurance, risk management and servicing needs in the most appropriate and cost-effective way. Minimum Requirements Bidders must be able to meet the following minimum requirements: • the financial ability to deliver the programme, including insurers with a minimum rating of “B++” from Standard & Poor, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. • the ability to provide the Contracting Authority with a choice of suitable insurers and/or suitable cover options • a skilled and competent service team, which includes client relationship management, insurance claims management, insurance broking / underwriting and insurable risk managers • the delivery of quality service to the Contracting Authority and our clients, including that provided to us by any third-party contractor employed by you or by the Insurer(s) you propose Full Service Specification for all Lots can be found in Section 4 Specification of the 'Draft ITT Main Body' Document available with this Contract Notice Estimated annual value for all LOTs is £8.675m per annum.

Scope

Reference
DN635048
Commercial tool
Standalone contract
Contract dates
31 May 2023 to 31 May 2026

The Guinness Partnership will consider entering into long term agreements with the successful 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.

Main category
services
CPV classifications
66514110
66515200
Contract locations
UK

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Quality40quality
60price

Submission & procedure

Procedure
Competitive procedure with negotiation

Award details· 4 awards

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

Award date

Contract start

Contract end