The Service is for the provision of a managed Mortgage Protection Insurance (“MPI”) providing death and disability benefits for Local Authority borrowers.
In summary, the Services comprise:
1. A fully underwritten Mortgage Protection Insurance scheme for persons who newly avail or have previously availed of house purchase loan finance from Local Authorities (the Main Scheme) and to cover the rental equity portion of Shared Ownership loans (the SO Scheme) and other mortgage elements, and.
2. Oversight, administration, and management of the scheme to include.
• Premium collections and management
• Claims management
• Liaison with all 31 Local Authorities on all matters as they relate to operation and administration of the scheme
• Regular Reporting
Deadline
The time limit for receipt of tenders was 2022-09-16.
The procurement was published on 2022-08-08.
Object Scope of the procurement
Title:
“Managed Mortgage Protection Insurance (MPI) Service providing death and disability benefits for Local Authority borrowers
TD 121 2022”
Products/services: Insurance services📦
Short description:
“The Service is for the provision of a managed Mortgage Protection Insurance (“MPI”) providing death and disability benefits for Local Authority...”
Short description
The Service is for the provision of a managed Mortgage Protection Insurance (“MPI”) providing death and disability benefits for Local Authority borrowers.
In summary, the Services comprise:
1. A fully underwritten Mortgage Protection Insurance scheme for persons who newly avail or have previously availed of house purchase loan finance from Local Authorities (the Main Scheme) and to cover the rental equity portion of Shared Ownership loans (the SO Scheme) and other mortgage elements, and.
2. Oversight, administration, and management of the scheme to include.
• Premium collections and management
• Claims management
• Liaison with all 31 Local Authorities on all matters as they relate to operation and administration of the scheme
• Regular Reporting
Show more
Estimated value excluding VAT: EUR 6 000 000 💰
1️⃣
Additional products/services: Life insurance services📦
Additional products/services: Risk management insurance services📦
Additional products/services: Insurance brokerage and agency services📦
Place of performance: Éire/Ireland🏙️
Main site or place of performance: Dublin 8, D08 H56R
Description of the procurement:
“The Service is for the provision of a managed Mortgage Protection Insurance (“MPI”) providing death and disability benefits for Local Authority...”
Description of the procurement
The Service is for the provision of a managed Mortgage Protection Insurance (“MPI”) providing death and disability benefits for Local Authority borrowers.
In summary, the Services comprise:
1. A fully underwritten Mortgage Protection Insurance scheme for persons who newly avail or have previously availed of house purchase loan finance from Local Authorities (the Main Scheme) and to cover the rental equity portion of Shared Ownership loans (the SO Scheme) and other mortgage elements, and.
2. Oversight, administration, and management of the scheme to include.
• Premium collections and management
• Claims management
• Liaison with all 31 Local Authorities on all matters as they relate to operation and administration of the scheme
• Regular Reporting
Show more Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
Scope of the procurement
Estimated total value excluding VAT: EUR 6 000 000 💰
Duration of the contract, framework agreement or dynamic purchasing system
The time frame below is expressed in number of months.
Description
Duration: 60
Legal, economic, financial and technical information Economic and financial standing
Selection criteria as stated in the procurement documents
Technical and professional ability
Selection criteria as stated in the procurement documents
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
Procedure Type of procedure
Open procedure
Administrative information
Time limit for receipt of tenders or requests to participate: 2022-09-16
12:00 📅
Languages in which tenders or requests to participate may be submitted: English 🗣️
Conditions for opening of tenders: 2022-09-16
12:00 📅
Complementary information Review body
Name: High Court
Postal address: Inns Quay
Postal town: Dublin 7
Country: Ireland 🇮🇪
Phone: +353 18886000📞
E-mail: highcourtcentraloffice@courts.ie📧
URL: http://www.highcourtcentraloffice@courts.ie 🌏
Source: OJS 2022/S 155-443055 (2022-08-08)