Award

Property Insurance (excluding Broker Services)

LIVERPOOL CITY COUNCIL

This public procurement record has 3 releases in its history.

AwardUpdate

30 May 2018 at 15:10

Award Notice
AwardUpdate

29 May 2018 at 14:39

Award Notice
Tender

22 Feb 2018 at 08:36

Tender Notice
Summary of the contracting process

Liverpool City Council is seeking submissions for a tender entitled "Property Insurance (excluding Broker Services)" with a total estimated value of £2,500,000. The procurement, classified under property insurance services, was published on 22nd February 2018 and aimed to secure annual insurance policies commencing on 1st May 2018. This open procurement process was completed with a tender period that ended on 27th March 2018. The awarded contract, worth approximately £1,217,981, is set for a three-year term with options to extend for an additional two years.

This tender represents significant opportunities for companies specialising in insurance services, particularly those with capabilities in handling public sector contracts. Businesses in the insurance industry, particularly larger firms like Zurich Municipal, which has already been awarded this contract, are well-suited to compete. The scale and scope of the contract may also entice other large insurers to consider similar tenders, potentially fostering competitive pricing and innovative service offerings in the public insurance market.

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Notice Information

Notice Title

Property Insurance (excluding Broker Services)

Notice Description

Liverpool City Council are seeking tender submissions for annual Property Insurance policies which are due to commence on 1st May 2018. The insurance policies will be in the name of Liverpool City Council. Assured interests incude Liverpool Streetscene Services Limited, School Improvement Liverpool Limited and Liverpool Markets Limited. The Authorities retained insurance brokers are JLT Speciality Limited. Liverpool City Council are looking for quotes to be provided on a 3 year Long Term Agreement basis with the option to extend fora further two year period. Documents can be accessed via https://www.the-chest.org.uk and all correspondence must go vai the messaging section of the portal.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3ee4c3d7-0f51-4cc1-9c00-9c684ce455c9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7b752e2a-94a3-4766-85ea-fd4352639d7e
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66515200 - Property insurance services

Notice Value(s)

Tender Value
£2,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,217,981 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
30 May 20187 years ago
Submission Deadline
27 Mar 2018Expired
Future Notice Date
Not specified
Award Date
26 Apr 20187 years ago
Contract Period
30 Apr 2018 - 30 Apr 2021 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LIVERPOOL 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
LIVERPOOL
Postcode
L3 1DS
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLD North West (England)
Local Authority
Liverpool
Electoral Ward
Waterfront South
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

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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