Award

NUN - Corporate Insurance Services (Excluding Broker Services) 2018 - AWARD

COVENTRY - SOLIHULL - WARWICKSHIRE

This public procurement record has 2 releases in its history.

AwardUpdate

21 Dec 2018 at 15:15

Award Notice
Award

20 Dec 2018 at 13:14

Award Notice
Summary of the contracting process

The Nuneaton and Bedworth Borough Council (NBBC) has completed its procurement process for Corporate Insurance Services (excluding broker services) as part of their initiative to renew their long-term agreements. This tender, classified under insurance services (CPV code 66510000), adopted an open procurement method and concluded on 19th November 2018. The contract period commenced on 1st December 2018 and will run until 30th November 2020, with a total estimated value of £2,000,000. Companies interested in this tender were expected to demonstrate reliability and a solid track record in their respective services.

This procurement presents significant opportunities for businesses specialising in various insurance services, such as material damage, combined liability, and engineering inspections. Given that the council aims to establish long-term relationships with successful bidders, businesses that have proven expertise in these areas, particularly larger firms with sufficient capacity, will be well-suited to compete. Engaging in this tender could enhance suppliers' visibility and credibility within the public sector, fostering business growth over the contract period.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

NUN - Corporate Insurance Services (Excluding Broker Services) 2018 - AWARD

Notice Description

Nuneaton and Bedworth Borough Council (NBBC) are approaching the end of their Long term agreements and, in line with public procurement legislation, are tendering their insurance portfolio for cover. The Council wishes to establish a long-term relationship with the successful Bidder(s) and is therefore looking for reliable companies with a proven track record in the provision of the Lots listed below. Lot 1a - Material Damage (Property) Lot 1b - Contractors All Risk Lot 2 - Fidelity Guarantee Lot 3 - Combined Liability Lot 4a - Motor Fleet Lot 4b - Motor ULR Lot 5 - Engineering Inspection & Insurance Lot 6 - Computers Lot 7 - Hired in Plant

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-21bfcc06-dfd1-49d7-81a6-840ba0a3c3df
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7a33f5a9-9eed-443d-bbba-ca484a043df2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£2,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Dec 20187 years ago
Submission Deadline
19 Nov 2018Expired
Future Notice Date
Not specified
Award Date
14 Dec 20187 years ago
Contract Period
1 Dec 2018 - 30 Nov 2020 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
COVENTRY - SOLIHULL - WARWICKSHIRE
Contact Name
Liam Loftus
Contact Email
liam.loftus@nuneatonandbedworth.gov.uk
Contact Phone
024 7637 6884

Buyer Location

Locality
WARWICKSHIRE
Postcode
CV11 5AA
Post Town
Coventry
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG13 Warwickshire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Nuneaton and Bedworth
Electoral Ward
St Mary's
Westminster Constituency
Nuneaton

Supplier Information

Number of Suppliers
2
Supplier Names

RISK MANAGEMENT PARTNERS

ZURICH INSURANCE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-21bfcc06-dfd1-49d7-81a6-840ba0a3c3df-2018-12-21T15:15:45Z",
    "date": "2018-12-21T15:15:45Z",
    "ocid": "ocds-b5fd17-21bfcc06-dfd1-49d7-81a6-840ba0a3c3df",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "NUN - 6660 - AWARD",
        "title": "NUN - Corporate Insurance Services (Excluding Broker Services) 2018 - AWARD",
        "description": "Nuneaton and Bedworth Borough Council (NBBC) are approaching the end of their Long term agreements and, in line with public procurement legislation, are tendering their insurance portfolio for cover. The Council wishes to establish a long-term relationship with the successful Bidder(s) and is therefore looking for reliable companies with a proven track record in the provision of the Lots listed below. Lot 1a - Material Damage (Property) Lot 1b - Contractors All Risk Lot 2 - Fidelity Guarantee Lot 3 - Combined Liability Lot 4a - Motor Fleet Lot 4b - Motor ULR Lot 5 - Engineering Inspection & Insurance Lot 6 - Computers Lot 7 - Hired in Plant",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66510000",
            "description": "Insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "CV11 5AA"
                    },
                    {
                        "region": "West Midlands",
                        "countryName": "United Kingdom"
                    },
                    {
                        "postalCode": "CV11 5AA"
                    },
                    {
                        "region": "West Midlands",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 2000000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2018-11-19T23:59:59Z"
        },
        "contractPeriod": {
            "startDate": "2018-12-01T00:00:00Z",
            "endDate": "2020-11-30T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-15522",
            "name": "Coventry - Solihull - Warwickshire",
            "identifier": {
                "legalName": "Coventry - Solihull - Warwickshire"
            },
            "address": {
                "streetAddress": "Coton Road, Nuneaton",
                "locality": "Warwickshire",
                "postalCode": "CV11 5AA",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Liam Loftus",
                "email": "liam.loftus@nuneatonandbedworth.gov.uk",
                "telephone": "024 7637 6884"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-103269",
            "name": "Risk Management Partners Ltd",
            "identifier": {
                "legalName": "Risk Management Partners Ltd"
            },
            "address": {
                "streetAddress": "133 Houndsditch, London, United Kingdom, EC3A 7AH"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-CFS-12908",
            "name": "Zurich Insurance Plc",
            "identifier": {
                "legalName": "Zurich Insurance Plc"
            },
            "address": {
                "streetAddress": "126 Hagley Road, United Kingdom, B16 9PF"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-15522",
        "name": "Coventry - Solihull - Warwickshire"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-21bfcc06-dfd1-49d7-81a6-840ba0a3c3df-1",
            "status": "active",
            "date": "2018-12-14T00:00:00Z",
            "datePublished": "2018-12-21T15:15:45Z",
            "value": {
                "amount": 0,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-103269",
                    "name": "Risk Management Partners Ltd"
                },
                {
                    "id": "GB-CFS-12908",
                    "name": "Zurich Insurance Plc"
                }
            ],
            "contractPeriod": {
                "startDate": "2018-12-01T00:00:00Z",
                "endDate": "2020-11-30T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/7a33f5a9-9eed-443d-bbba-ca484a043df2",
                    "datePublished": "2018-12-21T15:15:45Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}