Award

Insurance Services

BURNLEY BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

24 Mar 2020 at 14:51

Tender

11 Oct 2019 at 16:22

Summary of the contracting process

The procurement process comprises a tender for Insurance Services initiated by Burnley Borough Council. This tender is classified under the insurance services industry and encompasses eight distinct lots, each catering to various insurance needs such as property, fleet, and personal accident cover. The tender period concluded on 18 November 2019, while the contracts are scheduled to commence on 1 April 2020, lasting for three years with potential extensions until 31 March 2025. The estimated total value of the contracts is £829,000, and the procurement method employed is an open procedure, suitable for suppliers at or above the EU threshold.

This opportunity presents a significant growth avenue for businesses specialising in insurance services, particularly small and medium-sized enterprises (SMEs) that can offer competitive bids for one or multiple lots. Prospective bidders should possess capabilities in property and casualty insurance, fleet management, and claims handling. By engaging with this tender, businesses can establish long-term relationships with a local authority, positioning themselves for future collaborations in public sector insurance needs.

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Notice Title

Insurance Services

Notice Description

The Council's requirement is for the provision of insurance cover and insurance services (including claims handling) for its current insurance portfolio and new covers as identified within the ITT document. This requirement will be let in 8 Lots as follows; Lot 1 Property and Pecuniary Insurances (including Contract Works, Business Interruption, Money and All Risks); Lot 2 Property Owners; Lot 3 Casualty Section; Lot 4 Fidelity Guarantee; Lot 5 Motor Fleet; Lot 6 Personal Accident & Travel; Lot 7 Combined Engineering; Lot 8 Towneley Hall Fine Arts Museum. Tenderers may submit a tender response for a single Lot or a combination of Lots. The Council reserves the right to award a single Lot or a combination of Lots by applying, to the tender response to each Lot submitted, the evaluation methodology set out in Appendix 2 of the ITT document. Awarded lots will be for 3 years from 1st April 2020 with the option of two annual extensions of 1 year each to 31st March 2025. Additional information: This is an OJEU open procedure, OJEU notice temp ref 19-497150-001 Tender documents can be accessed at www.the-chest.org.uk Oppurtunity ID: DN440785 https://procontract.due-north.com/Advert?advertId=6bc05142-74ea-e911-80fa-005056b64545 Tender submissions must also be via the Chest. Awarded Lots will be for 3 years from 1st April 2020 with the option of two annual extensions of 1 year each to 31st March 2025. Tenders may be submitted for one, for several or for all Lots. The Council reserves the right to award a single Lot or a combination of Lots by applying, to the tender response to each Lot submitted, the evaluation methodology as set out in the ITT documentation. Contract renewals will be determined based upon the duration of the awarded contract(s) including any options for extension. The estimated contract values for the 3 year term are as follows: Lot 1 Property and Pecuniary Insurances (including Contract Works, Business Interruption, Money and All Risks) PS150,000 Lot 2 Property Owners PS75,000 Lot 3 Casualty Section PS360,000 Lot 4 Fidelity Guarantee PS7,500 Lot 5 Motor Fleet PS100,000 Lot 6 Personal Accident & Travel PS1,500 Lot 7 Combined Engineering PS30,000 Lot 8 Towneley Hall Fine Arts Museum PS105,000 OJEU temporary award notice reference number 20-149520-001.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5ebb8e9c-7ae4-457c-98a9-b530b4df9d7d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fb3c8c3b-2e58-41d3-b54f-3916775fee06
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 (above threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£829,000 £500K-£1M
Lots Value
Not specified
Awards Value
£507,061 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
24 Mar 20205 years ago
Submission Deadline
18 Nov 2019Expired
Future Notice Date
Not specified
Award Date
10 Mar 20205 years ago
Contract Period
31 Mar 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

Contracting Authority (Buyer)

Main Buyer
BURNLEY BOROUGH 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
BURNLEY
Postcode
BB11 9SA
Post Town
Blackburn
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD46 East Lancashire
Delivery Location
TLD North West (England)

Local Authority
Burnley
Electoral Ward
Daneshouse with Stoneyholme
Westminster Constituency
Burnley

Supplier Information

Number of Suppliers
4
Supplier Names

ASHDALE ENGINEERING

ASPEN INSURANCE

ECCLESIASTICAL INSURANCE

ZURICH INSURANCE

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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