Leasehold Insurance Tender
London Borough of Hackney are looking for quotes to be provided on a 3 year Long Term Agreement, with the option to extend for a further 2.
United Kingdom-London: Fire insurance services
Section I: Contracting authority
I.1)Name, addresses and contact point(s)
London Borough of Hackney
Insurance Department, 3rd Floor, Keltan House, 89/115 Mare Street
For the attention of: Michael Pegram
E8 4RU London
Telephone: +44 2083562647
General address of the contracting authority: http://www.hackney.gov.uk
Electronic access to information: http://www.hackney.gov.uk/f-tenders-828.htm
Electronic submission of tenders and requests to participate: http://www.hackney.gov.uk/f-tenders-828.htm
Further information can be obtained from: The above mentioned contact point(s)
Specifications and additional documents (including documents for competitive dialogue and a dynamic purchasing system) can be obtained from: The above mentioned contact point(s)
Tenders or requests to participate must be sent to: The above mentioned contact point(s)
I.2)Type of the contracting authority
I.4)Contract award on behalf of other contracting authorities
Section II: Object of the contract
II.1.1)Title attributed to the contract by the contracting authority:
II.1.2)Type of contract and location of works, place of delivery or of performance
Service category No 6: Financial services a) Insurances services b) Banking and investment services
NUTS code UKI12
II.1.3)Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)
II.1.5)Short description of the contract or purchase(s)
II.1.6)Common procurement vocabulary (CPV)
66515100, 66515200, 66515300, 66515410, 66516000, 66515000, 66510000
II.1.7)Information about Government Procurement Agreement (GPA)
II.1.9)Information about variants
II.2.2)Information about options
Description of these options: London Borough of Hackney are looking for quotes to be provided on a 3 year Long Term Agreement, with the option to extend for a further 2.
Provisional timetable for recourse to these options:
in months: 36 (from the award of the contract)
II.2.3)Information about renewals
II.3)Duration of the contract or time limit for completion
Section III: Legal, economic, financial and technical information
III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:
Support partners will be required to complete a collateral warranty agreement in favour of the Contracting Authority.
III.2.2)Economic and financial ability
— Insurers will be authorised to write the classes of insurance listed with the EU Member States subject to English/Welsh law and jurisdiction of the English/Welsh courts.
— Potential suppliers may be asked to produce a certificate issued by the appropriate insurance regulatory authority indicating the types of insurance the insurer is authorised to provide and must comply with.
Minimum level(s) of standards possibly required: Insurers must be at least ‘A-’ rated by Standard and Poors or equivalent agency. EN Standard form 02 — Contract notice 7 / 16 departments of trade and industry regulations.
Potential suppliers may be asked to produce a copy of their annual reports and accounts for the last 3 years, name and address of bankers, details of last 3 years of underwriting experience for the classes of business.
Details of membership of any professional body or association and education/ Professional qualifications/ experience of all staff providing the services, and evidence of risk management capabilities.
Please see the invitation to tender (ITT) for more details.
III.3.1)Information about a particular profession
Reference to the relevant law, regulation or administrative provision: Insurers will be insurance companies authorised to write classes of insurance listed within the EU Member
states subject to English/ Welsh Law and the jurisdiction of the English/ Welsh courts.
The service will be regulated by the provisions of the Insurance Act 1982 and any modification thereof.
Section IV: Procedure
IV.1.1)Type of procedure
IV.2.2)Information about electronic auction
IV.3.4)Time limit for receipt of tenders or requests to participate
IV.3.6)Language(s) in which tenders or requests to participate may be drawn up
IV.3.7)Minimum time frame during which the tenderer must maintain the tender
Section VI: Complementary information
VI.1)Information about recurrence
VI.2)Information about European Union funds
VI.5)Date of dispatch of this notice: