Award

Insurance Tender - 3 years

FALMOUTH TOWN COUNCIL

This public procurement record has 1 release in its history.

Award

23 Feb 2021 at 18:22

Award Notice
Summary of the contracting process

Falmouth Town Council is inviting tenders for a comprehensive insurance service covering a three-year period. The insurance services, under the industry category of CPV code 66510000, are necessary to cover all activities and properties of the council, with a minimum contract value of £45,000 and an estimated total value of £51,000. The current procurement stage is at Award, following an open procedure that began with a tender published on 16th March 2020, and the contract is set to commence on 1st April 2020 and conclude on 31st March 2023.

This tender represents an excellent opportunity for insurance service providers looking to expand their business in the public sector. Companies specialising in various types of insurance, including property, subsidence, terrorism, and cyber cover, would find this contract particularly suitable. Businesses that can ensure comprehensive service provision across all required areas, as specified by the council, will likely be competitive in this procurement process.

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Notice Information

Notice Title

Insurance Tender - 3 years

Notice Description

Falmouth Town Council wishes to invite tenders from commercial Insurance Service Companies. It requires comprehensive insurance cover for all its activities and properties for a period of three years. It requires - (i) a price for similar cover to that already provided by our exsiting insurer - Zurich Insurance - a copy of the existing policy schedule is provided for reference (ii) a seperate price for additional cover for providing Subsidence cover to the properties insured (iii) a seperate price for additional Terrorism cover (iv) a seperate quote for Cyber cover Additional information: 4 claims have been made against the Council in the last 5 years - none of which have paid out on. The Councils budgeted gross salary (including NI and Pension) for 2020/21 is circa PS951,000 The attached documents should provide all the information required in order to prepare a tender/quotation for this opportunity. Additional information will be provided on request and will be published to all parties expressing an interest. ALL ASPECTS must be included and covered - no partial cover tenders will be considered. All references to members relate to Councillors The Council benefits from support from various volunteers and cover for employees includes volunteers where stated in the existing policy. All tenders must be received before the 16th March 2020 in order to be considered. Should you require any further information please email you request to ruth@falmouthtowncouncil.com

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7a222d8d-53ed-4685-a8ce-10e4231e532b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fb4fb18c-c905-4fe4-8911-22f677a104e7
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 (below threshold)
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
£51,000 Under £100K
Lots Value
Not specified
Awards Value
£49,565 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Feb 20215 years ago
Submission Deadline
16 Mar 2020Expired
Future Notice Date
Not specified
Award Date
29 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FALMOUTH TOWN COUNCIL
Contact Name
Ruth Thomas
Contact Email
ruth@falmouthtowncouncil.com
Contact Phone
01326 315559

Buyer Location

Locality
FALMOUTH
Postcode
TR11 3QA
Post Town
Truro
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK3 Cornwall and Isles of Scilly
Small Region (ITL 3)
TLK30 Cornwall and Isles of Scilly
Delivery Location
Not specified
Local Authority
Cornwall
Electoral Ward
Falmouth Penwerris
Westminster Constituency
Truro and Falmouth

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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