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 (“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.

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 (“MPI”) providing death and disability benefits for Local Authority borrowers.”
Notice metadata
Original language: English 🗣️
Document type: Contract notice
Nature of contract: Services
Regulation: European Union, with participation of GPA countries
Common procurement vocabulary (CPV)
Code: Insurance services 📦
Additional CPV: Life insurance services 📦
Place of performance
NUTS region: Éire/Ireland 🏙️

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

Contracting authority
Identity
Country: Ireland 🇮🇪
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 🌏
E-mail: kgleeson@lgma.ie 📧
Phone: +353 016332200 📞
URL for documents: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=220663&B=ETENDERS_SIMPLE 🌏
URL for participation: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=220663&B=ETENDERS_SIMPLE 🌏

Reference
Dates
Date dispatched: 2022-08-08 📅
Submission deadline: 2022-09-16 📅
Publication date: 2022-08-12 📅
Identifiers
Notice number: 2022/S 155-443055
OJ-S issue: 155
Source: OJS 2022/S 155-443055 (2022-08-08)
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