Who won: VOLUNTARY EX ANTE TRANSPARENCY (VEAT) NOTICE Provision of Medical Malpractice and Professional Indemnity Insurance (Care Agency)

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Transparency Notice This notice is published voluntarily for transparency purposes only and does not seek expressions of interest or responses from the market. Contract Description The contract is for the provision of Medical Malpractice Insurance and Professional Indemnity Insurance for the Care Agency (Department). Procurement Background Separate procurement exercises were undertaken for each requirement following market engagement intended to encourage greater competition. Only one tender was received in response to each exercise. The sole tenderer proposed a combined insurance placement covering both requirements and maintained this position following clarification that the requirements had been tendered separately. Market Response The Contracting Authority has concluded that the tenders received were not suitable for award in the form originally tendered, as they were not capable, without substantial amendment to the procurement structure, of meeting the requirements set out in the procurement documents. Market feedback from another interested economic operator also indicated that there was no appetite within the insurance market to submit a tender for

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