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TENDER FOR THE PROVISION OF PROPERTY PROTECTOR INSURANCE 2019-2022

June 03, 2019

TENDER FOR THE PROVISION OF PROPERTY PROTECTOR INSURANCE 2019-2022

 

  1. Contracting Authority

HM Government of Gibraltar

6 Convent Place

GIBRALTAR

 

Tel:  350 200 51631                            email: procurement@gibraltar.gov.gi

           

  1. Award procedure chosen: Open

 

  1. Category of Service, description and CPV No:

 

Property Insurance Services   CPV No. 66515200

 

  1. Date of Award of Contract: 20/05/2019

 

  1. Criteria for Award of Contract: The most eceonomically advantageous tender in terms                                                         of the criteria stated below in descending order of                                                                           importance:

 

  • Cost: Based on total annual Premiums & Terrorist Cover 40%
  • Policy Renewal Terms                                                             30%    
  • Most Advantageous Terms & Conditions based on the Policy Terms 30%    

 

  1. No of offers received: One

 

  1. Name and Address of successful contractor(s): Westmed Insurance Services Limited

                                                                                PO Box 45

                                                                                Regal House, Queensway

                                                                                Gibraltar

 

  1. Total value of the Contract: £969,282.33