Award

GMCA941 Insurance Services (excluding Brokerage)

GREATER MANCHESTER COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Award

09 Oct 2024 at 09:24

Summary of the contracting process

The Greater Manchester Combined Authority (GMCA) has concluded an open procedure for the provision of insurance services (excluding brokerage), with Zurich Municipal emerging as the awarded supplier. This procurement falls under the category of financial and insurance services and is valued at £2,226,060. The tender, which was open for submissions until 10th April 2024, includes various lots such as Property, Combined Liability, Crime, Motor including Airside Liability, Personal Accident and Business Travel, and Engineering. The awarded contract commences on 1st June 2024 and runs until 31st May 2027, with the possibility of a 24-month extension.

This procurement presents significant business growth opportunities, particularly for firms specialising in diverse insurance services across different sectors. Although insurance brokers are not permitted to bid, organisations with strong capabilities in claims management and property and liability insurance are well-suited to compete. The procurement offers substantial value and a long-term contract duration, allowing businesses to establish and grow their footprint in the insurance services market. Engaging in such contracts with a high-profile authority like the GMCA can enhance a bidder's market reputation and credibility.

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Notice Title

GMCA941 Insurance Services (excluding Brokerage)

Notice Description

GMCA wishes to invite tenders for the supply of Insurance services ( excluding Brokerage) The Insurance Programme and Claims Management Services requirements are detailed in the tender documentation and cover 6 lots covering Property, Combined Liability, Crime, Motor including Airside Liability, Personal Accident and Business Travel and Engineering Arthur J Gallagher are the broker supporting GMCA in the re tendering of Insurance Services and will be involved in its evaluation. The contract will commence on 1st June 2024 with a 3 year duration and possible 1 x 24 month extension Please note that this does not stop other entities of Arthur J. Gallagher bidding from any of lots detailed in this notice. Insurance brokers are not permitted to bid for this procurement. Please note the authority reserves the right to award the lots on the basis of the most economical and advantageous tender offers received against the evaluation criteria stated in the documentation. Please note that any questions relating to the tender process should be sent via the -chest Procurement Portal and the messaging system provided within that eTendering facility.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-79f7ff67-9651-4925-8afa-dd5f8b96de11
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b971fb1f-b2eb-4bdf-b6d6-76661d628fdb
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£2,226,060 £1M-£10M
Lots Value
Not specified
Awards Value
£2,226,060 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Oct 20241 years ago
Submission Deadline
10 Apr 2024Expired
Future Notice Date
Not specified
Award Date
16 May 20241 years ago
Contract Period
31 May 2024 - 31 May 2027 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
GREATER MANCHESTER COMBINED AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MANCHESTER
Postcode
M1 6EU
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
Not specified

Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

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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