Contract award notice

Information

Published

External Reference: 2025-571504

FTS Reference: 2025-012087

Contract award notice

Contract award notice

Results of the procurement procedure

Section I: Contracting authority

I.1)

Name and addresses

Hyde Housing Association Ltd
IP18195R
30 Park Street
London
SE1 9EQ
UK
Contact person: James Foreman
Telephone: +44 7841632922
NUTS code:  UK -  UNITED KINGDOM
Internet address(es):
I.4)

Type of the contracting authority

Body governed by public law
I.5)

Main activity

Housing and community amenities

Section II: Object

II.1)

Scope of the procurement

II.1.1)

Title

Provision of Insurance and related services to Hyde Housing Association and Subsidiaries
II.1.2)

Main CPV code

66510000  -  Insurance services
II.1.3)

Type of contract

Services
II.1.4)

Short description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Hyde Housing Association and Subsidiaries
II.1.6)

Information about lots

This contract is divided into lots: no
II.1.7)

Total value of the procurement

Lowest offer:  8300000.00  GBP / Highest offer:  12000000.00  GBP   taken into consideration  (excluding VAT)
II.2)

Description

II.2.2)

Additional CPV code(s)

66513100  -  Legal expenses insurance services
66513200  -  Contractor's all-risk insurance services
66515000  -  Damage or loss insurance services
66515100  -  Fire insurance services
66515200  -  Property insurance services
66515410  -  Financial loss insurance services
66515411  -  Pecuniary loss insurance services
66516000  -  Liability insurance services
66516400  -  General liability insurance services
66516500  -  Professional liability insurance services
66517300  -  Risk management insurance services
66518000  -  Insurance brokerage and agency services
66518300  -  Insurance claims adjustment services
II.2.3)

Place of performance

NUTS code:  UK -  UNITED KINGDOM
II.2.4)

Description of the procurement

A programme of General (non-life) insurance and related services for Hyde Housing Association and subsidiaries. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, employment practices liability, Motor, Engineering Insurance and Inspection, Cyber, Terrorism, Directors & Officers, Fidelity Guarantee/ Crime. This list is to be decided at the sole discretion of Hyde Housing Association and subsidiaries
II.2.5)

Award criteria

Criteria below
Quality criterion  -  Name:  Quality  /  Weighting:  60%
Price  -  Weighting:  40%
II.2.11)

Information about options

Options: yes
Description of options:
Hyde Housing Association and subsidiaries will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers 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.
II.2.13)

Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)

Additional information

For more information about this opportunity, please visit https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=72712&B=HYDE-HOUSING

Section IV: Procedure

IV.1)

Description

IV.1.1)

Type of procedure

Competitive procedure with negotiation
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

Notice number in the FTS: 2023/S 000-026711

Section V: Award of contract

Contract No: 1

Title: Hyde Group Insurance Tender

A contract/lot is awarded: yes
V.2)

Award of contract

V.2.1)

Date of conclusion of the contract

01/04/2024
V.2.2)

Information about tenders

Number of tenders received:  2
The contract has been awarded to a group of economic operators :  no
V.2.3)

Name and address of the contractor

Arthur J. Gallagher Insurance Brokers Ltd.
27 - 30 Railway Street
Chelmsford
CM1 1QS
UK
NUTS code:  UK -  UNITED KINGDOM

The contractor is an SME : no
V.2.4)

Information on value of the contract/lot (excluding VAT)

Lowest offer:  8300000.00  GBP / Highest offer:  12000000.00  GBP   taken into consideration

Section VI: Complementary information

VI.3)

Additional information

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. 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 or not 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
VI.4)

Procedures for review

VI.4.1)

Review body

The High Court of England and Wales
London
UK
Telephone: +44 1959562242

VI.4.3)

Review procedure

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.
VI.4.4)

Service from which information about the review procedure may be obtained

The Cabinet Office
London
UK
Telephone: +44 1959562242