Managed Mortgage Protection Insurance (MPI) Service providing death and disability benefits for Local Authority borrowers

Local Government Management Agency

The Service is for the provision of a managed Mortgage Protection Insurance (โ€œMPIโ€) 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.
โ€ข Premium collections and management
โ€ข Claims management
โ€ข Liaison with all 31 Local Authorities on all matters as they relate to operation and administration of the scheme
โ€ข Regular Reporting

Deadline

The time limit for receipt of tenders was 2022-09-16. The procurement was published on 2022-08-08.

Who? What? Where?
Procurement history
Date Document
2022-08-08 Contract notice
Contract notice (2022-08-08)
Object
Scope of the procurement
Title: Insurance services
Reference number: TD 121 2022
Short description:
The Service is for the provision of a managed Mortgage Protection Insurance (โ€œMPIโ€) 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. โ€ข Premium collections and management โ€ข Claims management โ€ข Liaison with all 31 Local Authorities on all matters as they relate to operation and administration of the scheme โ€ข Regular Reporting
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Notice metadata
Original language: English ๐Ÿ—ฃ๏ธ
Document type: Contract notice
Nature of contract: Services
Regulation: European Union, with participation of GPA countries
Common procurement vocabulary (CPV)
Code: Insurance services ๐Ÿ“ฆ
Additional CPV: Life insurance services ๐Ÿ“ฆ
Place of performance
NUTS region: ร‰ire/Ireland ๐Ÿ™๏ธ

Procedure
Procedure type: Open procedure
Type of bid: Submission for all lots
Award criteria
The most economic tender

Contracting authority
Identity
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
Awarding authority type: Regional or local authority
Awarding authority name: Local Government Management Agency
Postal address: Local Government House
Postal code: 35-39 Ushers Quay,
Postal town: Dublin 8
Contact
Internet address: http://www.lgma.ie ๐ŸŒ
E-mail: kgleeson@lgma.ie ๐Ÿ“ง
Phone: +353 016332200 ๐Ÿ“ž
URL for documents: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=220663&B=ETENDERS_SIMPLE ๐ŸŒ
URL for participation: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=220663&B=ETENDERS_SIMPLE ๐ŸŒ

Reference
Dates
Date dispatched: 2022-08-08 ๐Ÿ“…
Submission deadline: 2022-09-16 ๐Ÿ“…
Publication date: 2022-08-12 ๐Ÿ“…
Identifiers
Notice number: 2022/S 155-443055
OJ-S issue: 155

Object
Scope of the procurement
Short description:
The Service is for the provision of a managed Mortgage Protection Insurance (โ€œMPIโ€) 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.
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2. Oversight, administration, and management of the scheme to include.
โ€ข Premium collections and management
โ€ข Claims management
โ€ข Liaison with all 31 Local Authorities on all matters as they relate to operation and administration of the scheme
โ€ข Regular Reporting
Estimated total value: 6 000 000 EUR ๐Ÿ’ฐ
Estimated value excluding VAT: 6 000 000 EUR ๐Ÿ’ฐ
Duration: 60 months
Place of performance
Main site or place of performance: Dublin 8, D08 H56R

Procedure
Legal basis: 32014L0024
Time of receipt of tenders: 12:00
Languages in which tenders or requests to participate may be submitted: English ๐Ÿ—ฃ๏ธ
Tender opening date: 2022-09-16 ๐Ÿ“…
Tender opening time: 12:00

Contracting authority
Identity
National registration number: N/a
Contact
Contact point: Karen Gleeson
Address of the buyer profile: https://irl.eu-supply.com/ctm/Company/CompanyInformation/Index/412 ๐ŸŒ
Documents URL: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=220663&B=ETENDERS_SIMPLE ๐ŸŒ

Complementary information
Review body
Name: High Court
Postal address: Inns Quay
Postal town: Dublin 7
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
Phone: +353 18886000 ๐Ÿ“ž
E-mail: highcourtcentraloffice@courts.ie ๐Ÿ“ง
Internet address: http://www.highcourtcentraloffice@courts.ie ๐Ÿ“ง
Source: OJS 2022/S 155-443055 (2022-08-08)