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Contract Notice

CMAL0151 Insurance Broker Services.

  • First published: 23 December 2016
  • Last modified: 23 December 2016

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
Caledonian Maritime Assets Ltd
Authority ID:
AA24528
Publication date:
23 December 2016
Deadline date:
17 February 2017
Notice type:
Contract Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Caledonian Maritime Assets Ltd (CMAL) wish to appoint a Insurance Broker who will manage and maintain all of the Insurance Requirements for Caledonian Maritime Assets Ltd. This will include all claim handing and 3rd party claims. It will also include the Maritime insurance requirements of CMAL.

Full notice text

Contract notice

Section I: Contracting authority

I.1) Name and addresses

Caledonian Maritime Assets Ltd

Municipal Buildings, Fore Street

Port Glasgow

PA14 5EQ

UK

Contact person: George McGregor

Telephone: +44 1475749920

E-mail: george.mcgregor@cmassets.co.uk

Fax: +44 1475749933

NUTS: UKM35

Internet address(es)

Main address: http://www.cmassets.co.uk

Address of the buyer profile: http://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA12082

I.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge at:

http://www.publiccontractsscotland.gov.uk


Additional information can be obtained from the abovementioned address


Tenders or requests to participate must be sent electronically to:

http://www.publiccontractsscotland.gov.uk


I.4) Type of the contracting authority

Other: utility transport

I.5) Main activity

Other: ferry transport and ports and harbours infrastructure and marine activities

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

CMAL0151 Insurance Broker Services.

II.1.2) Main CPV code

66000000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Insurance services.

II.1.5) Estimated total value

Value excluding VAT: 3 600 000.00  GBP

II.1.6) Information about lots

This contract is divided into lots: No

II.2) Description

II.2.2) Additional CPV code(s)

66511000

66512200

66513000

66510000

66000000

II.2.3) Place of performance

NUTS code:

UKM35


Main site or place of performance:

Port Glasgow.

II.2.4) Description of the procurement

Caledonian Maritime Assets Ltd (CMAL) wish to appoint a Insurance Broker who will manage and maintain all of the Insurance Requirements for Caledonian Maritime Assets Ltd. This will include all claim handing and 3rd party claims. It will also include the Maritime insurance requirements of CMAL.

II.2.5) Award criteria

Criteria below:

Quality criterion: Quality of Service / Weighting: 50 %

Price / Weighting:  50 %

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 03/07/2017

End: 30/06/2025

This contract is subject to renewal: Yes

Description of renewals:

CMAL will award a contract for 4 years with the option for CMAL who reserves the right to award the contract for a further 4 years a the sole discretion of CMAL.

II.2.9) Information about the limits on the number of candidates to be invited

Envisaged number of candidates: 6

Objective criteria for choosing the limited number of candidates:

The top six scored in the selection stage of this Pre Qualifier will be taken forward to the ITT(tender) stage.

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: Yes

Description of options:

Further and unexpected insurance requirement.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

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 registers

List and brief description of conditions:

We would expect all bidders to be a member of the relevant Insurance organisation or equivalent.

UK financial services industry are regulated by two bodies, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).

The PRA is responsible for ensuring that insurance companies are financially secure and can provide an appropriate degree of protection to customers.

The FCA aims to ensure that the financial services industry is run with integrity; that it provides consumers with appropriate products and services and that firms work for the best interests of the customer. Insurance brokers conduct themselves within a framework set out by the FCA. We would expect that you would be member of both or the equivalent organisation within your own country. We would also expect all bidders will have signed up to the standards as laid out by Lloyds of London or equivalent. We would also expect that within your bid you declare that you will maintains the Lloyds of London and BIBA standards or equivalent as a minimum.

III.1.2) Economic and financial standing

List and brief description of selection criteria:

The top six ranked companies in the Pre Qualifier (ESPD) will be taken forward to the ITT Stage (tender)

The ITT will also be evaluated on a Most Economical Advantage Tender basis, With Quality of Service and a proven ability to provide a total Managed service being 50 % of the awarded score and the Price of the scenarios being the other 50 %.

The ITT stage will have clear defined Insurance coverage and types for you to price.

We reserve the right to ask any amount of the companies taken to the ITT stage to present to the CMAL Senior Management team on how they would provide a total Insurance Brokers Managed service to CMAL.


Minimum level(s) of standards required:

As per the legal requirements to operate as Insurance Broker.

III.1.3) Technical and professional ability

List and brief description of selection criteria:

Bidders must be able to prove that they can operate in the Maritime Insurance world and also in the non maritime insurance market as well.


III.2) Conditions related to the contract

III.2.1) Information about a particular profession

Participation is reserved to a particular profession: Yes

Reference to the relevant law, regulation or administrative provision:

Insurance Broker industry within a maritime and non maritime environment.

III.2.2) Contract performance conditions

The Bidders must be able to prove that no insurance policies of any of their customers lapsed due to the bidders commercial or technical reasons.

III.2.3) Information about staff responsible for the performance of the contract

Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Restricted procedure

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

IV.2.2) Time limit for receipt of tenders or requests to participate

Date: 17/02/2017

Local time: 12:00

IV.2.3) Estimated date of dispatch of invitations to tender or to participate to selected candidates

Date: 03/03/2017

IV.2.4) Languages in which tenders or requests to participate may be submitted

EN

IV.2.6) Minimum time frame during which the tenderer must maintain the tender

Tender must be valid until: 16/06/2017

Section VI: Complementary information

VI.1) Information about recurrence

This is a recurrent procurement: No

VI.2) Information about electronic workflows

Electronic ordering will be used

Electronic invoicing will be accepted

Electronic payment will be used

VI.3) Additional information

Caledonian Maritime Assets Ltd (CMAL) wish to appoint an insurance company or broker to managed it's total insurance requirements. CMAL wish to award a contract for approx. 4 years with option to extend for a further 4 years at the sole discretion of CMAL.

The expected spend on Insurance products for CMAL is expected to be approx. Four Hundred Thousand UK Pounds per annum (The 400 000 GBP per annum is an estimate and it will not be deemed to a contracted amount per annum)

CMAL wish to appoint brokers to advise on and secure appropriate insurance covers for the following risks but not limited to.

— General Business risks

— Employers liability/ Product liability

— Directors & Officers liability

— Professional Indemnity

— Travel & Personal Accident

— Car Fleet motor insurance

— Property /terrorism liability

— Marine specific risks

— Ports and Harbours

— Innocent Owners

— Freight Demurrage & Defence

— Ports and Harbours Infrastructure type of insurance

— And any other insurance requirement that the CMAL business

may required during the normal working of the CMAL business.

NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at http://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=472971.

The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at http://www.publiccontractsscotland.gov.uk/sitehelp/help_guides.aspx.

Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems.

The Contracting Authority does not intend to include a sub-contract clause in this contract.

(SC Ref:472971)

Download the ESPD document here: http://www.publiccontractsscotland.gov.uk/ESPD/ESPD_Download.aspx?id=472971

VI.4) Procedures for review

VI.4.1) Review body

Caledonian Maritime Assets Ltd

Municipal Buildings, Fore Street

Port Glasgow

PA14 5EQ

UK

Telephone: +44 1475749920

Fax: +44 1475745109

Internet address(es)

URL: http://www.cmassets.co.uk

VI.5) Date of dispatch of this notice

20/12/2016

Coding

Commodity categories

ID Title Parent category
66000000 Financial and insurance services Finance and Related Services
66512200 Health insurance services Accident and health insurance services
66510000 Insurance services Insurance and pension services
66513000 Legal insurance and all-risk insurance services Insurance services
66511000 Life insurance services Insurance services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
george.mcgregor@cmassets.co.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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