Tender

Quotation for the provision of insurance brokerage and risk financing review services

PETERBOROUGH CITY COUNCIL

This public procurement record has 1 release in its history.

Tender

10 Sep 2018 at 13:14

Summary of the contracting process

Peterborough City Council is currently inviting quotations for the provision of insurance brokerage and risk financing review services. This tender falls under the financial and insurance services category and is targeted at suppliers within the East Midlands and East of England regions of the United Kingdom. The procurement process is at the tender stage, with submissions due by 1st October 2018. The contract is set to commence on 1st November 2018 and will run for a five-year period, including an option for a break clause at the three-year mark.

This opportunity presents a significant avenue for businesses specialising in insurance services and risk management. Companies that can demonstrate compliance with Financial Services Authority regulations and possess experienced personnel are particularly well-suited to compete. The contract requires the successful bidder to provide consistent and professional advice, adhere to strict communication timelines, and ensure collaborative working with council staff, making this an appealing opportunity for established insurance brokerages and risk management firms looking to expand their service offerings.

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Notice Title

Quotation for the provision of insurance brokerage and risk financing review services

Notice Description

Peterborough City Council is inviting quotations for the provision of insurance broker and risk funding review services for a period of 5 years, with effect from 1st November 2018, with a break clause at 3 years. The requirements for this contract are set out below. - Provision of clear and decisive advice - Full compliance with Financial Services Authority Regulations in all transactional aspects relating to insurance contracts and their procurement - Compliance with European Community and Public Services Contracts regulations during all procurement works undertaken as part of the contract - Professional standards and competence, commensurate with the difficulty, and importance of the work - Availability of suitably qualified and experienced staff during normal office hours for consultation and instruction - Continuity of personnel - Prompt acknowledgement of instructions - Response times for transactional work to be as agreed for each individual brief, otherwise response time shall follow the following requirements: a) respond to request for urgent advice made by phone or fax within 3 hours b) respond to request for urgent advice made by email or letter 1 working day c) respond to a normal request for advice made by phone or fax 3 working days d) respond to a normal request for advice by email or letter 5 working days - Ability to work within the agreed cost ceiling and timescales - Integrated team-working by supplier staff with Council staff - Attendance at contract review and other appropriate meetings at mutually convenient times

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f22ed22d-5307-432e-973b-98ba73a9ef85
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c87950dd-b1c3-4131-b100-642c3655a225
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not applicable
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66517300 - Risk management insurance services

Notice Value(s)

Tender Value
£1
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Sep 20187 years ago
Submission Deadline
1 Oct 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Nov 2018 - 31 Oct 2023 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
PETERBOROUGH CITY 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
PETERBOROUGH
Postcode
PE2 8TY
Post Town
Peterborough
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH41 Peterborough
Delivery Location
TLF East Midlands (England)

Local Authority
Peterborough
Electoral Ward
Fletton and Stanground
Westminster Constituency
North West Cambridgeshire

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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