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0795 - Risk Insurance

Essex County Council

This public procurement record has 1 release in its history.

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25 Apr 2020 at 12:30

Award Notice
Summary of the contracting process

Essex County Council is conducting a procurement process titled "0795 - Risk Insurance", aimed at securing insurance services for various covers, including Material Damage and Business Interruption, after the expiration of an existing agreement on 30 March 2020. The tender has a total contract value of £1,653,920 and is categorised under the services industry. The contract period is set to commence from 1 April 2020 and will extend until 31 March 2023. The procurement method employed for this tender was an open procedure.

This tender presents a significant opportunity for growth, particularly for large insurance firms specialising in risk management and insurance services. Given the detailed coverage requirements, businesses with expertise in Material Damage, Contractor’s All Risks, and Motor Fleet insurance would be well-suited to compete. Engaging with this contract can enable providers to expand their client base and strengthen their portfolio within the public sector.

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Notice Information

Notice Title

0795 - Risk Insurance

Notice Description

Essex County Council to undertake a tender exercise following the expiry of the Long Term Agreement on the 30 March, 2020 in respect of the following covers only: Material Damage/Business Interruption Contractor's All Risks Hired-in Plant Computer School Journeys Motor Fleet - General Vehicles

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4a243b13-4e13-4fd6-bea4-57db8a49d272
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6d164ce9-c341-43be-a339-be17ba9b837d
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£1,653,920 £1M-£10M
Lots Value
Not specified
Awards Value
£1,653,920 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
25 Apr 20206 years ago
Submission Deadline
30 Mar 2020Expired
Future Notice Date
Not specified
Award Date
31 Mar 20206 years ago
Contract Period
1 Apr 2020 - 31 Mar 2023 2-3 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
Essex County 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
CHELMSFORD
Postcode
CM1 1JZ
Postcode Area
Chelmsford
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH36 Heart of Essex
Delivery Location
Not specified
Local Authority
Chelmsford
Electoral Ward
Chelmer Village and Beaulieu Park
Westminster Constituency
Chelmsford

Supplier Information

Number of Suppliers
3
Supplier Names

Risk management partners

Travelers

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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