Tender

Provision of Insurances

TRURO CITY COUNCIL

This public procurement record has 1 release in its history.

Tender

07 Feb 2020 at 16:02

Tender Notice
Summary of the contracting process

Truro City Council is currently conducting a public procurement process titled "Provision of Insurances" within the financial and insurance services industry. The tender was initiated on 7th February 2020, with a deadline for submissions set for 4th March 2020, and successful bidders notified by 11th March 2020. The insurance covers are required for a contract period starting from 1st April 2020 to 31st March 2025, with an estimated budget of £50,000. The delivery will take place in Truro, located in the South West of England.

This tender presents a significant opportunity for businesses specialising in financial and insurance services to expand their portfolio. Companies that can provide comprehensive and competitive insurance coverage for councils, particularly those with experience in handling claims and managing municipal insurance requirements, would be well-positioned to compete. The procurement method is an open procedure, making it accessible for various service providers to engage in this opportunity and potentially contribute to the local government’s risk management strategy.

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Notice Information

Notice Title

Provision of Insurances

Notice Description

The City Council wishes to procure insurance covers for the period from 1st April 2020. You are invited to tender for either/both a three year and/or a five year period. Attached are a schedule of the covers required with excesses stated. Also attached is a schedule of claims made over the last five year period. Further relevant information: - Estimates Salary payments in 2020-21 exc.NI & pension contributions - PS1,214,371 Estimated Employee Numbers 2020-21 - 74 head count, 59.5 F.T.E. Number of Councillors - 24 Volunteer hours required (exc. Councillors) - 140 The timescales for the tender process are as follows: - Tender Placed - 7th February 2020 Deadline for Questions/Information Requests - 18th February 2020 Deadline for Response to Questions/Information Requests - 25th February 2020 Deadline for receipt of Tenders - 4th March 2020 Tenderers will be notified of the outcome on the 11th March 2020 Commencement of Cover - 1st April 2020

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3c53d6c7-d538-45bd-96f3-c1e65151edc4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d9ee485f-86f8-4794-ab7e-ed5f84216b83
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Feb 20206 years ago
Submission Deadline
4 Mar 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2020 - 31 Mar 2025 Over 5 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
TRURO CITY 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
TRURO
Postcode
TR1 2NE
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
TLK South West (England)
Local Authority
Cornwall
Electoral Ward
Truro Moresk & Trehaverne
Westminster Constituency
Truro and Falmouth

Further Information

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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