Award

Provision of General Insurance, Risk Management and Claims Handling excluding Broker Services

EREWASH BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

08 Feb 2017 at 14:15

Tender

18 Nov 2016 at 20:15

Summary of the contracting process

The Erewash Borough Council is seeking tenders for the "Provision of General Insurance, Risk Management and Claims Handling, excluding Broker Services," with a total estimated value of £1,000,000. This procurement process is currently in the award stage following the tender period that concluded on 1st November 2016. The contracting authority aims for a long-term agreement of 5 years starting from 1st April 2017, with the possibility of a 2-year extension. The services will be delivered in the East Midlands region of the United Kingdom, covering various insurance categories, including Property, Liability, and Motor Fleet, among others. Suppliers must be authorised under EU regulations and demonstrate suitable qualifications with an "A-" rating or equivalent.

This tender presents significant opportunities for businesses in the financial and insurance services sector, particularly those specialising in general insurance and risk management. Small and medium enterprises (SMEs) that meet the required criteria and have experience with public sector contracts are well-positioned to compete for this contract. Firms with strong risk management capabilities and relevant certifications will find this tender aligns well with their services, potentially allowing them to establish a long-term partnership with a local government body.

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Notice Title

Provision of General Insurance, Risk Management and Claims Handling excluding Broker Services

Notice Description

Tender for the provision of insurance to Erewash Borough Council. The tender is split into Lots as follows: Lot 1 - Property Lot 2 - Liability and fidelity guarantee Lot 3 - Motor Fleet Lot 4 - Engineering inspection and insurance Lot 5 - Group personal accident and travel Lot 6 - Terrorism This tender excludes broking services. Tenders can be submitted for all or any individual Lot. Insurers must be authorised to write the classes of insurance listed within the EU Member States subject to English/Welsh Law and jurisdiction of the English/Welsh courts. Potential suppliers may be asked to produce a certificate issued by the appropriate insurance regulatory authority indicating the types of insurance the insurer is authorised to provide and must comply with Departments of Trade and Industry Regulations. All insurers will be required to provide evidence that they are at least "A-" rated by Standard and Poor's (or equivalent) and/ or approved by the JLT Market Security Committee, otherwise their submission will be automatically rejected. Details of membership of any professional body or association and education/Professional qualifications/experience of all staff providing the services, and evidence of risk management capabilities. Please see the invitation to tender (ITT) for more details. The Authority is looking for tenders based upon a Long Term Agreement of 5 years plus the option of a 2 year extension. The deadline for completed tender returns is 12pm on 1st November 2016. Additional information: This tender is being managed electronically. In order to express interest and download the invitation to tender documents, please go to the link above.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-30273faa-adca-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2fc1eea0-0f1a-43b1-85f2-131c09ec31ad
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

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

Notice Dates

Publication Date
8 Feb 20179 years ago
Submission Deadline
1 Nov 2016Expired
Future Notice Date
Not specified
Award Date
8 Feb 20179 years ago
Contract Period
31 Mar 2017 - 31 Mar 2024 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
EREWASH BOROUGH 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
ILKESTON
Postcode
DE7 5RP
Post Town
Derby
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF13 South and West Derbyshire
Delivery Location
TLF East Midlands (England)

Local Authority
Erewash
Electoral Ward
Little Hallam
Westminster Constituency
Erewash

Supplier Information

Number of Suppliers
5
Supplier Names

ACE

AMLIN

ASPEN INSURANCE

PROTECTOR FORSIKRING

ZURICH MUNICIPAL

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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