This tender in no longer available.
Insurance and related services for property, legal liability and other general (non-life) insurable risks, as required by Salix Homes Ltd.
Legal, economic, financial and technical information
List and brief description of selection criteria
The tender documents will require providers to detail their relevant professional experience, resource,skills,qualifications and quality control practices.
Reference to the relevant law, regulation or administrative provision
For insurance services, Insurers authorised under the financial services and Markets Act 2000, Insurance Companies Act 1982 (and any other statutory modifications thereof) and regulated by the prudential regulation authority, UK Financial conduct authority or equivalent in another member state of the European economic area. Insurance brokers registered with and regulated by the financial conduct authority.
List and brief description of conditions
Potential suppliers will be required to provide an overview of services provided to property owners, public sector organisations, social landlords or other relevant organisations over the past 5 years, plus details of 3 clients currently receiving similar services. Potential suppliers will be asked to evidence permissions by the FCA, PRA or other appropriate regulatory authority indicating the types of insurance/service the bidder is authorised to arrange or provide.
Participation is reserved to a particular profession
List and brief description of selection criteria
The tender documents will require providers to produce financial information in relation to the type of services offered, including but not limited to 3 years reports and accounts.
Minimum level(s) of standards possibly required
The financial ability to deliver the programme, including insurers with a minimum Rating of ‘BBB’ from Standard and Poor, ‘B++’ from A M Best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. In the case of any rating less than A-, Salix Homes Ltd will evaluate and accept the nominated insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the bid deadline of the bidder’s market security committee’s latest report, including written recommendation from the bidder’s market security committee.
Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract
The contracting authority reserves the right to award the contract on the basis of the initial tenders without conducting negotiations
Type of procedure
Languages in which projects or requests to participate may be drawn up
Tender must be valid until
Date of dispatch of invitations to tender or to participate to selected candidates
The procurement is covered by the Government Procurement Agreement
Recourse to staged procedure to gradually reduce the number of solutions to be discussed or tenders to be negotiated
Electronic invoicing will be accepted
Electronic payment will be used
Service from which information about the review procedure may be obtained
The Cabinet Office
Estimated timing for further notices to be published
Between 3 or 5 years from the date of this notice.
The High Court of England and Wales
Precise information on deadline(s) for review procedures
The contracting authority will enter into this contract following a 10 calendar day standstill period starting on the day after the notification of the result. The Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or who are at risk of harm by a breach of the regulations to bring proceedings in the High Court. Any such proceedings must be brought within the limitation period specified by the regulations according to the remedy sought.
This is a recurrent procurement
Date of dispatch of this notice
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 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.
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.
For more information about this opportunity, please visit the Delta eSourcing portal at:
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GO Reference: GO-2019913-PRO-15361056
Main CPV code 66000000