Tender

Insurance Tender - 3 years

FALMOUTH TOWN COUNCIL

This public procurement record has 3 releases in its history.

TenderAmendment

13 Mar 2020 at 17:05

Tender Notice
TenderAmendment

05 Feb 2020 at 19:10

Tender Notice
Tender

29 Jan 2020 at 16:50

Tender Notice
Summary of the contracting process

The Falmouth Town Council is conducting a tender process for an Insurance Tender, which is aimed at securing comprehensive insurance coverage for all its activities and properties over a three-year period. This process is currently in the Tender stage, with tenders due by 16th March 2020. The procurement method chosen is an open procedure and the estimated contract value ranges from £45,000 to £51,000. The procurement is classified under insurance services, and the contract is scheduled to commence on 1st April 2020 and conclude on 31st March 2023.

This tender presents significant opportunities for businesses specialising in insurance services, particularly those experienced in providing comprehensive cover, including subsidence, terrorism, and cyber risk. Companies with a track record of partnering with local councils or similar organisations, and those that can deliver extensive insurance solutions without partial coverage, may find this opportunity well-suited to their expertise. The tender could also appeal to larger insurance service providers that are not classified as small or voluntary sector enterprises, given the specific requirements outlined by the council.

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Notice Information

Notice Title

Insurance Tender - 3 years

Notice Description

Falmouth Town Council wishes to invite tenders from commercial Insurance Service Companies. It requires comprehensive insurance cover for all its activities and properties for a period of three years. It requires - (i) a price for similar cover to that already provided by our exsiting insurer - Zurich Insurance - a copy of the existing policy schedule is provided for reference (ii) a seperate price for additional cover for providing Subsidence cover to the properties insured (iii) a seperate price for additional Terrorism cover (iv) a seperate quote for Cyber cover Additional information: 4 claims have been made against the Council in the last 5 years - none of which have paid out on. The Councils budgeted gross salary (including NI and Pension) for 2020/21 is circa PS951,000 The attached documents should provide all the information required in order to prepare a tender/quotation for this opportunity. Additional information will be provided on request and will be published to all parties expressing an interest. ALL ASPECTS must be included and covered - no partial cover tenders will be considered. All references to members relate to Councillors The Council benefits from support from various volunteers and cover for employees includes volunteers where stated in the existing policy. All tenders must be received before the 16th March 2020 in order to be considered. Should you require any further information please email you request to ruth@falmouthtowncouncil.com

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-258f5ee8-a31a-4369-8bdd-efd9201d8cae
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1028e413-2f31-46d2-8a7a-b156f9f9211e
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£51,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 Mar 20205 years ago
Submission Deadline
16 Mar 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2020 - 31 Mar 2023 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FALMOUTH TOWN COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
FALMOUTH
Postcode
TR11 3QA
Post Town
Truro
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK3 Cornwall and Isles of Scilly
Small Region (ITL 3)
TLK30 Cornwall and Isles of Scilly
Delivery Location
Not specified
Local Authority
Cornwall
Electoral Ward
Falmouth Penwerris
Westminster Constituency
Truro and Falmouth

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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. 

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