Award

Corporate Insurance Policy

CORNWALL COUNCIL

This public procurement record has 2 releases in its history.

Award

08 Jun 2017 at 13:15

Award Notice
Tender

18 Nov 2016 at 20:15

Tender Notice
Summary of the contracting process

Cornwall Council is seeking contracts for a Corporate Insurance Policy, specifically for insurance services that cater to both the council and its affiliated companies. This procurement process, currently in the Award stage, follows an open procedure and encompasses a contract lasting five years, with potential one-year extensions available. The relevant tender period concluded on 14 December 2015, and the contract is expected to start from 1 April 2016, ending on 31 March 2021. The insurance services include various lots such as Property, Casualty Insurance, and Motor Fleet Insurance, aimed at providers based in the South West region of the United Kingdom.

This tender presents substantial opportunities for businesses within the insurance sector, particularly those specialising in corporate insurance services. Companies that can offer comprehensive coverage across the various lots, especially those with capacity to handle large contracts, will find this an advantageous avenue for growth. The involvement of Cornwall Council indicates a significant prospect, especially for firms proficient in managing risk, legal expenses, and engineering services in the context of public contracts.

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Notice Information

Notice Title

Corporate Insurance Policy

Notice Description

The council wishes to award contracts for the provision of insurance services for both the council and it's family of companies. Contracts will be awarded for 5 years with the potential to extent for 2 further 1 year periods. Lots in this contract: 1. Property 2. Casualty Insurance 3. Motor Fleet Insurance 4. Personal Accident and Travel Insurance 5. Engineering Services 6. Legal Expenses 7. Package Lot - Combined Lots 1, 2 and 3 8. Tamar Bridge and Torpoint Ferry Joint Committee Insurance 9. CORMAC Contracting Ltd 10. Nottinghamshire JV Company Cover 11. Professional Indemnity Cormac Contracting Limited and Nottinghamshire JV Company Please note that while the council aims to appoint a single provider under each lot, however, the council wishes to award contracts under either Lots 1, 2 and 3 or Lot 8. The process for deciding which lot (s) to award is detailed in the tender pack. Please see the tender pack and OJEU Notice for full details. Additional information: Please contact shinde@cornwall.gov.uk to request a tender pack.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e86be068-adc8-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9e3beb10-6c28-4fa7-a455-ac03159eff0e
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
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
£15,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£9,952,653 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jun 20178 years ago
Submission Deadline
14 Dec 2015Expired
Future Notice Date
Not specified
Award Date
26 Feb 201610 years ago
Contract Period
31 Mar 2017 - 31 Mar 2021 4-5 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
CORNWALL 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
TRURO
Postcode
TR1 3AY
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
TLK South West (England)
Local Authority
Cornwall
Electoral Ward
Truro Boscawen & Redannick
Westminster Constituency
Truro and Falmouth

Supplier Information

Number of Suppliers
2
Supplier Names

RISK MANAGEMENT PARTNERS

ZURICH INSURANCE

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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