Tender

Provision of Insurance Coverage (Excluding Broking Services)

SOMERSET COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Tender

10 Nov 2022 at 07:46

Tender Notice
Tender

29 Sep 2022 at 10:12

Tender Notice
Summary of the contracting process

The Somerset County Council is inviting tenders for the provision of Insurance Coverage (Excluding Broking Services). The procurement process will begin on 1st April 2023 and end on 31st March 2026, with options for a further 48-month extension. The tender involves various insurance categories and has a total value of £7,500,000. The deadline for submitting tender applications is 14th November 2022. The location for delivery is in the South West region of the United Kingdom.

This tender presents an opportunity for insurance service providers to offer their expertise to Somerset County Council. Small and medium-sized enterprises (SMEs) in the insurance industry would be well-suited to compete in this open procedure procurement process. Businesses interested in providing insurance coverage for properties, motor fleet, personal accident, and other specialized areas should consider participating in this lucrative opportunity for business growth.

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Notice Information

Notice Title

Provision of Insurance Coverage (Excluding Broking Services)

Notice Description

Provision of Insurance Coverage (Excluding Broking Services) for Somerset County Council and District Councils within Somerset. For further information, including access to the tender documents, please visit the ProContract e-tendering portal. This procurement opportunity is divided into the following lots: 1 Property Combined 2 Housing Properties 3 Property Owners 4 Leasehold & Mortgaged Properties 5 Works in Progress 6 Crime 7A Combined Liability - EL, PL/Products and PEL (PS1 million deductible) 7B Combined Liability - EL, PL/Products and PEL (PS500k deductible) 8A Motor Fleet (PS1 million deductible) 8B Motor Fleet (PS250k deductible) 9 Personal Accident 10 Engineering Inspection Services 11 Combined Liability - OI and PI 12 Terrorism 13 Fine Art 14 Director & Officers Liability The Contracts being offered are due to commence on 1st April 2023 and will expire on 31st March 2026, with options to extend for a maximum of a further 48 months. Please note, the estimated value provided in this notice is for the initial period and does not include the optional extension period.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c6895a6b-6903-4d23-a173-584a8ba10cce
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/82602e77-8400-4294-9509-f86907cad603
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
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
£7,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Nov 20223 years ago
Submission Deadline
14 Nov 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2023 - 31 Mar 2026 3-4 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
SOMERSET COUNTY 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
TAUNTON
Postcode
TA1 4DY
Post Town
Taunton
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK62 Somerset
Delivery Location
TLK South West (England)
Local Authority
Somerset
Electoral Ward
Bishop's Hull & Taunton West
Westminster Constituency
Taunton and Wellington

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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