Provision of Guardianship (Missing Persons) Surety Bonds to the Office of the Public Guardian
Ministry of Justice. · Awarded contract
AwardedProvision of Guardianship (Missing Persons) Surety Bonds to the Office of the Public Guardian
Awarded 28 Jul 2019
Awarded28 Jul 2019
Value£900,000.00
SupplierMarsh Limited
AgencyMinistry of Justice.
RegionUnited Kingdom
CategoryFinance & Insurance
Ended 5y 3mo ago2y term
Awarded 28 July 2019Expired 27 July 2021
About
The Ministry of Justice awarded a contract to Marsh Limited for the provision of surety bonds to cover the performance of guardians of missing persons under the Guardianship (Missing Persons) Act 2017.
The contract, valued at £900,000, appoints Marsh Limited as an insurance broker responsible for administering and managing the provision of surety bonds, including procuring suitable insurers.
The surety bonds guarantee payment for financial losses arising from a guardian's improper performance or failure to exercise their functions, as ordered by the High Court.
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Provision of Guardianship (Missing Persons) Surety Bonds to the Office of the Public Guardian
Won by Marsh Limited · Ministry of Justice.
£900Kawarded
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Key requirementsFrom 12 documents
Who can bidRegistered commercial cleaners
Mandatory criteriaPolice checks for staff on site
How it is scoredPrice 40%, experience 35%, method 25%
Insurance£20M public liability
Key datesSite visit 14 Oct, closes 28 Oct
Est. value£1.2M – £1.8M
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