Insurance services

Description

The contract is for the provision of general insurance and related services, including claims handling, loss control services and general programme maintenance and advice as required by prospect community housing commencing 30.9.2019. A full summary of current cover will be provided with the invitation to tender to selected bidders. Bids are invited from suitably qualified insurance brokers/direct providers for the entire scope of services. The procurement will follow the 2-stage restricted procedure with a pre-qualifying stage based on ESPDs and bidders will be selected on the basis of their capability, capacity and experience to perform the contract. The scope of the contract includes insurance cover, brokerage services (where applicable), professional advice, claims management and loss control services for property, legal liabilities, engineering insurance and inspection and other general (non-life) insurances as required by Prospect Community Housing for a period of 3 years (or periods of insurance)commencing 30.9.2019, with the option to extend by up to a further 2 years at Prospect's sole discretion. The contract is not divided into lots so bidders are required to bid for the entire scope of services. Bids are invited from suitably qualified and experienced insurance brokers or direct insurers. The contract will follow the 2-stage restricted procedure with bidders being selected on the basis of the responses contained in the pre-qualifying ESPD. Bidders will be expected have the capability, capacity, financial and economic standing and experience to perform the contract. ESPDs must be completed in full with all relevant information supplied. The contract will be awarded on the basis of most economically advantageous tender, with specific evaluation criteria detailed within the ITT and contract documents.