Provision of Surety Bonds to the Office of the Public Guardian

Concepts

• the public guardian
• office of the public guardian
• leeds
• insurance services
• provision of surety bonds
• management of the provision of surety bonds
• surety bond
• value of the surety bond
• public guardian
• moj

Location

Description

To appoint an insurance broker, or brokers, who will be responsible and accountable for the administration and management of the provision of surety bonds and for the procurement exercise to select a suitable insurer or insurers, for the provision of surety bonds. The Public Guardian (PG) was created under the Mental Capacity Act (2005). The OPG is an executive agency of the Ministry of Justice (MoJ) that supports the PG in discharging his duties. The Mental Capacity Act (2005) makes provisions for ways in which decisions can be made on behalf of people in circumstances where they may be incapable of making such decisions personally. In such cases where the person has property or finances and no attorney in place, it will be necessary to apply to the CoP for an appropriate deputyship order. Where the CoP appoints a deputy, it may require a surety bond to be in place for the protection of the person's property and, or, finance. The Surety Bond is a guarantee to pay any financial losses arising from the deputy's failure to fulfil their agreed duty. The CoP decides the value of the Surety Bond.

CPV Codes

• 66510000 - Insurance services

Indicators

• Contract is suitable for SMEs.

Other Information

Please register your interest as a provider by registering on the esourcing portal below and by emailing the ccmdfinancialservices@justice.gov.uk functional mailbox Provision of Surety Bonds to the Office of the Public Guardian https://ministryofjusticecommercial.bravosolution.co.uk/