Award

RMBC - LA - Council Insurance Package Lots 1 - 9 - AWARD

RUNNYMEDE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

09 Jun 2023 at 14:50

Summary of the contracting process

The Runnymede Borough Council has awarded a contract for the provision of Insurance policies covering various categories such as Property, Casualty, Motor Fleet, and Engineering Services. The contract, titled "RMBC - LA - Council Insurance Package Lots 1 - 9 - AWARD", was valued at £5,050,000 and awarded to British Engineering Services, Risk Management Partners, and Zurich Municipal Insurance. The contract period starts on 1st July 2023 and ends on 30th June 2028. The procurement method used was an open procedure, with the tender period ending on 19th April 2023.

This tender presents business growth opportunities for insurance providers, specifically those offering services in Property, Casualty, Motor Fleet, and Engineering Insurance. Small and medium-sized enterprises (SMEs) are deemed suitable for this tender. Runnymede Borough Council, the buying organization, based in Addlestone, Surrey, United Kingdom, facilitated the tender process and awarded the contract to successful suppliers. Businesses in the insurance sector looking to expand their portfolio and engage in a long-term contractual agreement would find this opportunity well-suited for growth and development.

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Notice Title

RMBC - LA - Council Insurance Package Lots 1 - 9 - AWARD

Notice Description

The Authority seeks to contract with suitable providers of Insurance policies to cover the requirements of each of the nine listed Lots. The Authority will be guided by its incumbent Insurance Broker (Arthur J Gallagher) who will assist in the preparation and management of the tender process. Lot 1 Property including Contract Works & Computers, Lot 2 Industrial and Commercial Properties, Lot 3 Terrorism, Lot 4 Casualty including Fidelity Guarantee, Lot 5 Motor Fleet, Lot 6 Engineering Services, Lot 7 Group Personal Accident & Travel, Lot 8 Leasehold & Right to Buy, Lot 9 Package Lot of Lots 1, 4 & 5.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3c134892-5c1f-4053-a605-e2240b1474a4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/84f98d7e-094b-4330-b157-0f7dddf75364
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
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66514110 - Motor vehicle insurance services

66515200 - Property insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
£5,050,000 £1M-£10M
Lots Value
Not specified
Awards Value
£96,485 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Jun 20232 years ago
Submission Deadline
19 Apr 2023Expired
Future Notice Date
Not specified
Award Date
5 Jun 20232 years ago
Contract Period
30 Jun 2023 - 30 Jun 2028 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
RUNNYMEDE 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
SURREY
Postcode
KT15 2AH
Post Town
Kingston upon Thames
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
TLJ South East (England)

Local Authority
Runnymede
Electoral Ward
Addlestone South
Westminster Constituency
Runnymede and Weybridge

Supplier Information

Number of Suppliers
3
Supplier Names

BRITISH ENGINEERING SERVICES

RISK MANAGEMENT PARTNERS

ZURICH MUNICIPAL INSURANCE

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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