Award

Somerset County Council Insurance Framework Agreement for Somerset and South West Academies

SOMERSET COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

25 Jan 2019 at 09:37

Award Notice
Tender

30 Jun 2018 at 11:12

Tender Notice
Summary of the contracting process

The Somerset County Council has initiated a tender for an Insurance Framework Agreement designated for Somerset and South West Academies. This contract falls under the insurance services industry and aims to establish terms for appointing a single supplier to provide various insurance policies to local academies and academy trusts. The open procurement method allows all eligible businesses to participate in this process. The tender period concluded on 30th July 2018, with the formal contract period commencing on 1st September 2018 and set to last until 31st August 2022. The total value of the awarded contract is £5,000,000.

This tender presents an excellent opportunity for insurance providers, especially small to medium-sized enterprises (SMEs), looking to expand into public sector contracts. Companies with expertise in providing comprehensive insurance solutions, including coverage for material damage, business interruption, and liability insurance, would be well-positioned to compete for this framework agreement. Engaging with Somerset County Council, located in Taunton, may further enhance visibility and credibility within the local education sector.

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Notice Information

Notice Title

Somerset County Council Insurance Framework Agreement for Somerset and South West Academies

Notice Description

The Framework Agreement will establish the terms and conditions of business between the Council and the appointed Supplier for the provision of Insurance to Academies and Academy Trusts. Appointment to the Framework Agreement will be to a single economic operator. Through the Framework a package of Insurance Poplicies will be made available to Academies and Academy Trusts on the basis of Long Term Agreements of 3 years + 2 years. The range of covers required are: a) Material Damage (including Terrorism) b) Business Interruption (including Terrorism) c) Works in Progress - "All Risks" d) Money e) Employer's Liability f) Public/Products Liability g) Governors' Liability h) Libel & Slander i) Hirers' Liability j) Fidelity Guarantee k) Personal Accident l) School Journey m) Engineering Inspection and Insurance n) Deterioration of Stock o) Commercial Legal Expenses p) Motor including OBU q) Professional Indemnity r) Trustee and Trust Fund Indemnity

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-417c7d42-d144-4092-a839-d2ceed3dc34d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f4f19337-4cc7-48bf-ac29-02a7440d82b4
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
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

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£5,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jan 20197 years ago
Submission Deadline
30 Jul 2018Expired
Future Notice Date
Not specified
Award Date
22 Aug 20187 years ago
Contract Period
30 Jan 2019 - 29 Jan 2023 4-5 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
SOMERSET COUNTY COUNCIL
Contact Name
Mark Brown
Contact Email
mbrown@somerset.gov.uk
Contact Phone
+44 1823359114

Buyer Location

Locality
TAUNTON
Postcode
TA1 4DY
Post Town
Taunton
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK62 Somerset
Delivery Location
TLK South West (England)
Local Authority
Somerset
Electoral Ward
Bishop's Hull & Taunton West
Westminster Constituency
Taunton and Wellington

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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