Tender

Multi-Year Insurance Policy

SPROWSTON TOWN COUNCIL

This public procurement record has 3 releases in its history.

TenderAmendment

11 Mar 2024 at 10:38

Tender Notice
TenderAmendment

27 Feb 2024 at 12:44

Tender Notice
Tender

27 Feb 2024 at 12:37

Tender Notice
Summary of the contracting process

The Sprowston Town Council, located in Norwich, Norfolk, England, is seeking an insurance provider for a multi-year insurance policy with a contract period from 1st April 2024 to 31st March 2027. The procurement stage is currently in the Tender phase, with a closing date for submissions set for 4.00pm on Wednesday 13th March 2024. The procurement falls under the 'Insurance services' industry category, and the total contract value is £25,000 GBP.

This tender opportunity for a multi-year insurance policy presented by Sprowston Town Council can create growth opportunities for insurance providers able to cover broad insurance needs. Businesses well-suited to compete in this tender are insurance companies with experience in covering diverse activities, assets, and liabilities. The preferred contract period is three years, and providers must submit fully itemized quotations along with policy schedules before the submission deadline to be evaluated based on quality and price.

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Notice Information

Notice Title

Multi-Year Insurance Policy

Notice Description

Sprowston Town Council is a Local (parish) Council on the outskirts of Norwich, Norfolk, England. We have almost 14,000 registered electors living within our boundary. With our existing contract for insurance expiring on 31st March 2024, we are seeking an established insurer to provide appropriate insurance cover and/or liability cover for us from 1st April 2024. Prospective insurance providers must be able to cover all of our activities, assets, staff, Councillors and service users as appropriate. The Town Council is both an employer and a direct provider of services and facilities to the public. A three-year insurance contract (1st April 2024 to 31st Match 2027) is preferable, but shorter periods of cover may be considered. To assist interested insurance providers, this Notice includes: 1). A copy of our current insurance policy schedule (provided by Zurich Municipal). 2). A list of our current play areas and equipment 3). A list of claims made in the last 5 years A list of our minimum required cover follows: - Material damage (including buildings insurance; contents insurance; loss of rent - see current policy schedule for a breakdown of cover and amounts) - Business interruption (PS195,000 minimum) - All Risks (See current policy schedule for a breakdown of cover and amounts) - Money - Public Liability (PS15,000,000 minimum any one event) - Products Liability - Pollution Liability - Official's Indemnity (if not included in Public Liability) (PS10,000,000 minimum) - Hirers' Liability - Employers Liability (PS10,000,000 minimum) - Libel and Slander - Motor Vehicles (Comprehensive) - Motor Legal Expenses and Uninsured Loss Recovery - Inspection Contract (annual safety Inspection of all play equipment) - Fidelity Guarantee (PS2,000,000 minimum) - Personal Accident - Legal Expenses In addition to the above, the successful provider will be able to: - In principle; provide Work in Progress cover for a PS1.6M refurbishment project currently underway at one of our buildings. - At a reasonable cost; add cover for any additional buildings, assets, land, public open spaces or staff gained during the course of the insured period. Submissions (applications) should be emailed to townclerk@sprowston-tc.gov.uk and must include: 1) Fully itemised quotation 2) Policy schedule detailing the cover granted, any exclusions, limitations, excesses and any other information pertinent to the policy. Closing date for submission is 4.00pm Wednesday 13th March 2024. Submissions received after this date may be deemed ineligible for consideration. Submissions will be evaluated on the basis of Quality and Price. The Town Council reserves the right to request further information or clarification from applicants before or after the closing date.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a9c617d9-be52-4741-a4b6-147c9b84074a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/45f97a70-4144-444c-b25f-3dcd0599d61c
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£25,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Mar 20241 years ago
Submission Deadline
13 Mar 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2024 - 31 Mar 2027 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
SPROWSTON TOWN 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
NORWICH
Postcode
NR7 8EW
Post Town
Norwich
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
Not specified
Local Authority
Broadland
Electoral Ward
Sprowston Central
Westminster Constituency
Norwich North

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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