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United Kingdom164 days leftOpen

Provision of Insurance and Related Services to Richmond Housing Partnership

Tender Overview

LOCATION

United Kingdom, United Kingdom

VALUE

£8,703,120

DEADLINE

July 16, 2026 at 23:00

CATEGORY

Other

CPV CODE

66510000

REFERENCE

001655-2026

Project Timeline

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Contact Information

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View Original

Original Tender Description

The financial ability to deliver the programme, including insurers with a minimum Rating of ‘A’ from Standard and Poor, ‘A’ from A M Best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. In the case of any rating less than A-, the Contracting Authority will evaluate and accept the nominated insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the bid deadline of the bidder’s market security committee’s latest report, including written recommendation from the bidder’s market security committee. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Teddington:-Damage-or-loss-insurance-services./4PBH7W28K8 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/4PBH7W28K8
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MANDATORY EXCLUSION GROUNDS

  • No specific mandatory exclusion grounds are provided in the tender information.
✓

ELIGIBILITY REQUIREMENTS

  • No specific eligibility requirements for the bidding entity are provided in the tender information.
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TECHNICAL CAPABILITY REQUIREMENTS

  • The bidder must be capable of providing "Insurance and Related Services".
  • The bidder must be able to utilize insurers that meet the specified credit rating criteria.
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FINANCIAL REQUIREMENTS

  • The bidder must demonstrate the financial ability to deliver the insurance programme.
  • Insurers nominated by the bidder must have a minimum rating of ‘A’ from Standard and Poor.
  • Insurers nominated by the bidder must have a minimum rating of ‘A’ from A M Best.
  • Alternatively, nominated insurers must have an equivalent rating by an independent and reputable credit rating agency.
  • All nominated insurers must be approved by the bidder’s market security committee.
  • If a nominated insurer has a rating less than A-, the Contracting Authority reserves the right to evaluate and accept them at its sole discretion.
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SUBMISSION REQUIREMENTS

  • Bids must be submitted through the Delta eSourcing portal.
  • The submission deadline is 2026-07-16 23:00:00.
  • If proposing an insurer with a rating less than A-, the bidder must disclose this to the Contracting Authority prior to the bid deadline.
  • If proposing an insurer with a rating less than A-, the bidder must obtain acceptance from the Contracting Authority prior to the bid deadline.
  • If proposing an insurer with a rating less than A-, the bidder must submit their market security committee’s latest report, including a written recommendation from the committee, to the Contracting Authority prior to the bid deadline.

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PDF
Official PDF Version
PDF001655-2026_official.pdf
Summary:
Richmond Housing Partnership seeks insurance and related services, requiring bidders to use insurers with a minimum 'A' rating from Standard and Poor, A M Best, or an equivalent independent credit rating agency.

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45
Fair

Tender Quality Score

This tender exhibits significant deficiencies in legal compliance, completeness, and fairness due to missing critical information such as evaluation criteria and eligibility requirements, alongside notable data inconsistencies.

Score Breakdown

Legal Compliance45/100

The tender lacks fundamental legal compliance elements, including specified evaluation criteria, mandatory exclusion grounds, and eligibility requirements. The absence of a reveal date also prevents assessment of the reasonableness of the submission period. The 'Over Sum Limit: No' for an 8.7M EUR tender raises questions about the appropriate procurement regime.

•No evaluation criteria specified
•No specific mandatory exclusion grounds provided
Clarity50/100

While the financial requirements for insurers are clearly articulated, the complete absence of evaluation criteria creates significant ambiguity for bidders, making it difficult to understand how their proposals will be judged.

•No evaluation criteria specified
Completeness45/100

Several critical pieces of information are missing, including the liable person, tender reveal date, mandatory exclusion grounds, eligibility requirements, and evaluation criteria. The contract start date is also illogical, coinciding with the submission deadline.

•Missing liable person
•Missing tender reveal date
Fairness35/100

The lack of transparent and objective evaluation criteria is a major fairness concern, as it introduces subjectivity into the assessment process and hinders equal opportunity for all potential bidders.

•No evaluation criteria specified
Practicality60/100

The tender supports electronic submission via a dedicated portal and provides direct URLs, which is practical. However, the contract start date being identical to the submission deadline is highly impractical and indicates an administrative error.

•Contract start date is identical to submission deadline
Data Consistency50/100

There are significant data inconsistencies, notably the contract start date matching the submission deadline, the contradiction between 'Value Classified: Yes' and the explicitly disclosed estimated value, and the 'Over Sum Limit: No' for a substantial tender value.

•Contract start date is identical to submission deadline
•Contradiction between 'Value Classified: Yes' and disclosed estimated value
Sustainability20/100

The tender does not include any explicit requirements or considerations related to green procurement, social aspects, or innovation, indicating a lack of focus on sustainability.

•No green procurement criteria
•No social aspects included

Strengths

Clear description of financial requirements for insurers
CPV code is correctly assigned
Electronic submission via Delta eSourcing portal is supported
Estimated value and contract duration are specified
Tender is active with no reported disputes

Concerns

Absence of evaluation criteria
Missing mandatory exclusion and eligibility requirements
Illogical contract start date (same as submission deadline)
Missing tender reveal date and liable person
Lack of sustainability, social, or innovation considerations

Recommendations

1. Immediately publish clear and objective evaluation criteria to ensure transparency and fairness.
2. Provide comprehensive tender documentation, including mandatory exclusion grounds, eligibility requirements, and a corrected contract start date.
3. Clarify the tender reveal date to allow bidders to assess the reasonableness of the submission period.

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Tender Quality Score
45/ 100 · Fair
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