Award

Midlands Districts Insurance Consortium - Tender for insurance coverage and associated services (excluding Insurance Broker Services)

WYCHAVON DISTRICT COUNCIL

This public procurement record has 2 releases in its history.

Award

03 Jul 2019 at 07:17

Tender

08 Apr 2019 at 07:31

Summary of the contracting process

The Wychavon District Council initiated a tender process for the Midlands Districts Insurance Consortium, focusing on insurance coverage and associated services, excluding broker services. This joint venture involves eight councils from Worcestershire, Staffordshire, and Derbyshire, and is currently in the award stage following the completion of the tender period which ended on 9 May 2019. The contracts will cover various insurance needs, including property damage, terrorism, and casualty, with a start date of 1 July 2019, extending to 30 June 2022. The procurement method employed was an open procedure, accessible via the Proactis Pro-Contract portal located in the West Midlands region of the United Kingdom.

This tender presents significant growth opportunities for businesses involved in insurance services, particularly those that can cater to the specific needs of local councils. Companies that specialise in property, liability, and casualty insurance, as well as broader insurance coverage, would be well-suited to compete. Participation in this consortium tender allows insurers to expand their market reach and establish partnerships with multiple councils, enhancing their potential for securing longer-term contracts within the public sector.

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Notice Title

Midlands Districts Insurance Consortium - Tender for insurance coverage and associated services (excluding Insurance Broker Services)

Notice Description

The Midlands Districts Insurance Consortium consists of 8 Councils from Worcestershire, Staffordshire and Derbyshire who are carrying out a joint tender for insurances. This will include (but not limited to) Property Damage, Terrorism, Casualty, Fidelity Guarantee/Crime, Motor Fleet and Uninsured Loss Recovery, Personal Accident/Travel, Engineering Insurance and Computers. The 8 Councils have a common renewal date of the 1 July 2019 but have separate polices with different perils, limits of indemnity and excess. Contracts for each Lot will be evaluated as a Consortium and the Award for each Lot will be made to the Most Economically Advantageous Bid for each Lot against the Award criteria. In addition to conventional insurance approach, the Consortium will also be seeking bids on a non-conventional pooled basis

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-535c3761-7784-4135-8829-98b7a130bf29
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cf425b8a-2802-4511-9138-df56cf9dd018
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

66511000 - Life insurance services

66512000 - Accident and health insurance services

66513000 - Legal insurance and all-risk insurance services

66514000 - Freight insurance and Insurance services relating to transport

66515000 - Damage or loss insurance services

66516000 - Liability insurance services

66517000 - Credit and surety insurance services

66518000 - Insurance brokerage and agency services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£4,300,884 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
3 Jul 20196 years ago
Submission Deadline
9 May 2019Expired
Future Notice Date
Not specified
Award Date
5 Jun 20196 years ago
Contract Period
30 Jun 2019 - 30 Jun 2022 3-4 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
WYCHAVON DISTRICT 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
PERSHORE
Postcode
WR10 1PT
Post Town
Worcester
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
TLG West Midlands (England)

Local Authority
Wychavon
Electoral Ward
Pershore
Westminster Constituency
West Worcestershire

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH MUNICIPAL

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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