Section II: Object
II.1)Scope of the procurement
II.1.1)Title:
Insurance Services Review 2019 (Excluding Broker Services)
II.1.2)Main CPV code66000000
II.1.3)Type of contractServices
II.1.4)Short description:
Provision of insurances for crime, specie, motor/combined liability, professional indemnity, cyber, property damage and business interruption, directors and officers, sabotage and terrorism, and personal accident and business travel risks as required by Post Office Ltd and Post Office management services. Brokers dealing with insurance are not invited to submit bids. Any bids from insurance brokers or organisations the Contracting Authority deem to be brokers will be disqualified from the tender.
II.1.5)Estimated total value
II.1.6)Information about lotsThis contract is divided into lots: yes
Tenders may be submitted for all lots
II.2)Description
II.2.2)Additional CPV code(s)66510000
II.2.3)Place of performanceNUTS code: UKI
II.2.4)Description of the procurement:
Insurance as required by the Contracting Authority for crime risks associated with the provision of postal services.
II.2.5)Award criteriaPrice is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing systemStart: 01/11/2019
End: 31/10/2024
This contract is subject to renewal: no
II.2.10)Information about variantsVariants will be accepted: no
II.2.11)Information about optionsOptions: yes
Description of options:
Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union fundsThe procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information
II.2)Description
II.2.2)Additional CPV code(s)66510000
II.2.3)Place of performanceNUTS code: UKI
II.2.4)Description of the procurement:
Insurance as required by the Contracting Authority for specie risks associated with the provision of postal services.
II.2.5)Award criteriaPrice is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing systemStart: 01/11/2019
End: 31/10/2024
This contract is subject to renewal: no
II.2.10)Information about variantsVariants will be accepted: no
II.2.11)Information about optionsOptions: yes
Description of options:
Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union fundsThe procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information
II.2)Description
II.2.1)Title:
Motor and Combined Liability Insurance with a Cross Class Aggregate
Lot No: 3
II.2.2)Additional CPV code(s)66510000
II.2.3)Place of performanceNUTS code: UKI
II.2.4)Description of the procurement:
Insurance as required by the Contracting Authority for motor and combined liability risks, with a cross class aggregate, associated with the provision of postal services.
II.2.5)Award criteriaPrice is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing systemStart: 01/11/2019
End: 31/10/2024
This contract is subject to renewal: no
II.2.10)Information about variantsVariants will be accepted: no
II.2.11)Information about optionsOptions: yes
Description of options:
Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union fundsThe procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information
II.2)Description
II.2.1)Title:
Professional Indemnity Insurance (Post Office Ltd)
Lot No: 4
II.2.2)Additional CPV code(s)66510000
II.2.3)Place of performanceNUTS code: UKI
II.2.4)Description of the procurement:
Insurance as required by the Contracting Authority for professional indemnity risks associated with the provision of postal services for Post Office Ltd.
II.2.5)Award criteriaPrice is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing systemStart: 01/11/2019
End: 31/10/2024
This contract is subject to renewal: no
II.2.10)Information about variantsVariants will be accepted: no
II.2.11)Information about optionsOptions: yes
Description of options:
Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union fundsThe procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information
II.2)Description
II.2.1)Title:
Professional Indemnity Insurance (Post Office Management Services)
Lot No: 5
II.2.2)Additional CPV code(s)66510000
II.2.3)Place of performanceNUTS code: UKI
II.2.4)Description of the procurement:
Insurance as required by the Contracting Authority for professional indemnity risks associated with the provision of postal services for Post Office management services.
II.2.5)Award criteriaPrice is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing systemStart: 01/11/2019
End: 31/10/2024
This contract is subject to renewal: no
II.2.10)Information about variantsVariants will be accepted: no
II.2.11)Information about optionsOptions: yes
Description of options:
Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union fundsThe procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information
II.2)Description
II.2.2)Additional CPV code(s)66510000
II.2.3)Place of performanceNUTS code: UKI
II.2.4)Description of the procurement:
Insurance as required by the Contracting Authority for cyber risks associated with the provision of postal services.
II.2.5)Award criteriaPrice is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing systemStart: 01/11/2019
End: 31/10/2024
This contract is subject to renewal: no
II.2.10)Information about variantsVariants will be accepted: no
II.2.11)Information about optionsOptions: yes
Description of options:
Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union fundsThe procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information
II.2)Description
II.2.1)Title:
Property Damage and Business Interruption Insurance
Lot No: 7
II.2.2)Additional CPV code(s)66510000
II.2.3)Place of performanceNUTS code: UKI
II.2.4)Description of the procurement:
Insurance as required by the Contracting Authority for property damage and business interruption risks associated with the provision of postal services.
II.2.5)Award criteriaPrice is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing systemStart: 01/11/2019
End: 31/10/2024
This contract is subject to renewal: no
II.2.10)Information about variantsVariants will be accepted: no
II.2.11)Information about optionsOptions: yes
Description of options:
Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union fundsThe procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information
II.2)Description
II.2.1)Title:
Directors and Officers Liability Insurance
Lot No: 8
II.2.2)Additional CPV code(s)66510000
II.2.3)Place of performanceNUTS code: UKI
II.2.4)Description of the procurement:
Insurance as required by the Contracting Authority for directors and officers liability risks associated with the provision of postal services.
II.2.5)Award criteriaPrice is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing systemStart: 01/11/2019
End: 31/10/2024
This contract is subject to renewal: no
II.2.10)Information about variantsVariants will be accepted: no
II.2.11)Information about optionsOptions: yes
Description of options:
Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union fundsThe procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information
II.2)Description
II.2.1)Title:
Sabotage and Terrorism Insurance
Lot No: 9
II.2.2)Additional CPV code(s)66510000
II.2.3)Place of performanceNUTS code: UKI
II.2.4)Description of the procurement:
Insurance as required by the Contracting Authority for sabotage and terrorism risks associated with the provision of postal services
II.2.5)Award criteriaPrice is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing systemStart: 01/11/2019
End: 31/10/2024
This contract is subject to renewal: no
II.2.10)Information about variantsVariants will be accepted: no
II.2.11)Information about optionsOptions: yes
Description of options:
Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union fundsThe procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information
II.2)Description
II.2.1)Title:
Personal Accident and Business Travel Insurance
Lot No: 10
II.2.2)Additional CPV code(s)66510000
II.2.3)Place of performanceNUTS code: UKI
II.2.4)Description of the procurement:
Insurance as required by the Contracting Authority for personal accident and business travel risks associated with the provision of postal services.
II.2.5)Award criteriaPrice is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing systemStart: 01/11/2019
End: 31/10/2024
This contract is subject to renewal: no
II.2.10)Information about variantsVariants will be accepted: no
II.2.11)Information about optionsOptions: yes
Description of options:
Bids are invited for a minimum period of 12 months with options for 2 years, 3 years, 3 plus 2 years or 5 years cover.
II.2.12)Information about electronic catalogues
II.2.13)Information about European Union fundsThe procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information
Section III: Legal, economic, financial and technical information
III.1)Conditions for participation
III.1.1)Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registersList and brief description of conditions:
Potential providers may be asked to provide a certificate issued by the appropriate insurance regulatory authority indicating the types of insurance that the insurer is authorised to provide and must comply with UK Department for business, energy and industrial strategy requirements.
III.1.2)Economic and financial standingSelection criteria as stated in the procurement documents
III.1.3)Technical and professional abilitySelection criteria as stated in the procurement documents
III.1.5)Information about reserved contracts
III.2)Conditions related to the contract
III.2.1)Information about a particular professionExecution of the service is reserved to a particular profession
Reference to the relevant law, regulation or administrative provision:
The service will be regulated by the provisions of the Financial Services and Markets Act 2000 and the Insurance Companies Act 1982 as amended from time to time. Insurers must be authorised by the FCA to conduct business in the UK. Brokers are not invited to submit bids.
III.2.2)Contract performance conditions:
III.2.3)Information about staff responsible for the performance of the contract
Section IV: Procedure
IV.1)Description
IV.1.1)Type of procedureOpen procedure
IV.1.3)Information about a framework agreement or a dynamic purchasing system
IV.1.4)Information about reduction of the number of solutions or tenders during negotiation or dialogue
IV.1.6)Information about electronic auction
IV.1.8)Information about the Government Procurement Agreement (GPA)The procurement is covered by the Government Procurement Agreement: no
IV.2)Administrative information
IV.2.1)Previous publication concerning this procedure
IV.2.2)Time limit for receipt of tenders or requests to participateDate: 26/08/2019
Local time: 13:00
IV.2.3)Estimated date of dispatch of invitations to tender or to participate to selected candidates
IV.2.4)Languages in which tenders or requests to participate may be submitted:English
IV.2.6)Minimum time frame during which the tenderer must maintain the tender
IV.2.7)Conditions for opening of tendersDate: 26/08/2019
Local time: 13:00
Section VI: Complementary information
VI.1)Information about recurrenceThis is a recurrent procurement: no
VI.2)Information about electronic workflows
VI.3)Additional information:
VI.4)Procedures for review
VI.4.1)Review bodyPost Office Ltd
1st Floor, Finsbury Dials, Finsbury Street
London
EC2Y 9AQ
United Kingdom
VI.4.2)Body responsible for mediation procedures
VI.4.3)Review procedurePrecise information on deadline(s) for review procedures:
Post Office Ltd will incorporate a minimum of ten calendar days standstill period from the date of the award of the contract is communicated to tenderers.
VI.4.4)Service from which information about the review procedure may be obtained
VI.5)Date of dispatch of this notice:17/07/2019