Planning

GE23075 GEL INSURANCE

LONDON BOROUGH OF EALING

This public procurement record has 1 release in its history.

Planning

23 Sep 2024 at 14:18

Market Engagement Notice
Summary of the contracting process

The London Borough of Ealing is in the planning stage of procuring an insurance service contract titled "GE23075 GEL INSURANCE." This tender is set within the risk management insurance services industry category and seeks to provide comprehensive coverage borough-wide to safeguard the Buyer, particularly for motor vehicles, public and employer liability, and other related insurance needs. The location of this procurement is London, with the engagement end date set for 4th November 2024. Anticipated key dates include the tender publication on 17th December 2024 and the contract start date on 1st July 2025, with a total contract value of £7.5 million and a duration of three years, plus two 12-month extensions.

This procurement represents a significant opportunity for insurance providers specialising in municipal and public sector coverage. The contract not only involves providing basic insurance services but also reviewing and optimising existing coverage, which could present growth opportunities for firms with expertise in tailoring insurance packages to fit complex requirements. Large enterprises with experience in risk management and comprehensive insurance solutions will find this tender particularly suitable, as the procurement seeks to achieve value for money through a competitive tendering process. Businesses adept in addressing potential coverage gaps and ensuring optimal excess requirements will be well-positioned to benefit from this opportunity.

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Notice Information

Notice Title

GE23075 GEL INSURANCE

Notice Description

Greener Ealing ("the Buyer") is seeking to procure insurance service contract borough-wide to safeguard the company against potential risk, including but not limited to motor vehicles, public and employer liability and other related insurance coverage. The tender will allow the opportunity to review the cover that is held an address any particular issues or cover gaps, as well as to consider whether the excess requirements is optimal. Also it ensures that the limits are sufficient to meet the exposures faces. Value for money will be achieved through competitive tender process. The insurance cover lines needed but not limited will be: - Employers Liability - Public & products liability - Officials Indemnity - Professional Indemnity - Fidelity Guarantee - Motor Fleet - PA/Travel - Computer 3. CONTRACT DETAILS Contract Title Insurance Contract Value PS7.5m Contract Duration 3 years plus 2 x 12 months extension Form of Contract Insurance contract/policy Anticipated tender publication date 17.12.2024 Anticipated contract start date 01.07.2025 We are conscious that identifying the right supplier to deliver the above contract will be critical to the successful delivery of essential Greener Ealing services. As such, the Council is undertaking a pre-market engagement exercise to engage with potential suppliers and understand the supplier interest for this type of project. We would ask that you would kindly complete the questionnaire in Annex 1 below and must be submitted via the messaging facility on the tendering portal no later than 12:00 (midday) on Monday 4th November 2024. The response of interested parties on these questions will help us to finalise our route to market decision for this procurement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2df0acc5-d359-4b0b-b785-c1e2f425bb28
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c0ce54ce-4a8e-464c-b8e6-4a922b9604e9
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66517300 - Risk management insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Sep 20241 years ago
Submission Deadline
Not specified
Future Notice Date
4 Nov 2024Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF EALING
Contact Name
Abigail Acosta
Contact Email
acostaa@ealing.gov.uk
Contact Phone
+442088255000

Buyer Location

Locality
LONDON
Postcode
W5 2HL
Post Town
West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI73 Ealing
Delivery Location
TLI London
Local Authority
Ealing
Electoral Ward
Ealing Broadway
Westminster Constituency
Ealing Central and Acton

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. 

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