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Insurance Coverage and Associated Services (not Broking Services)

Derby City Council

This public procurement record has 2 releases in its history.

Award

15 Apr 2021 at 15:43

Award Notice
Tender

05 Feb 2021 at 13:01

Tender Notice
Summary of the contracting process

Derby City Council is currently seeking tenders for the provision of insurance coverage and associated services, specifically for Combined Liability (Lot 1) and Motor Fleet (Lot 2). The procurement process is in the 'active' phase, having been initiated on 5th February 2021, with a submission deadline set for 12:00 noon on 8th March 2021. This open procedure targets the insurance and pension services industry, with the contracts expected to yield a total estimated value of £4,300,000 over an initial duration of two years, with an option for two additional years. Interested suppliers must register through the EastMids Tenders e-tendering system to access procurement documents and express their interest.

This tender presents significant opportunities for growth, particularly for businesses specialising in insurance services, including firms focused on general liability and motor vehicle insurance. Companies that can demonstrate high-quality service provision, as evaluated through criteria weighted 45% on quality and 55% on price, will be well-positioned to compete for these contracts. This initiative allows businesses to expand their client base and enhance their portfolio by engaging with a prominent local authority like Derby City Council, ensuring increased visibility and potential for future contracts in the public sector.

How relevant is this notice?

Notice Information

Notice Title

Insurance Coverage and Associated Services (not Broking Services)

Notice Description

Tenders are invited for the provision of Combined Liability (Lot 1) and/or Motor Fleet(Lot 2) insurance coverage and associated services (not broking services). Estimated value is PS962,500 per annum for Lot 1 and PS112,500 per annum for Lot 2. The contract(s) are for for two years initial duration with two years in extensionoptions.

Lot Information

Lot 1: Combined Liability

Tenders are invited for the provision of Combined Liability (Lot 1) and/or Motor Fleet(Lot 2) insurance coverage and associated services (not broking services). Estimated value is PS962,500 per annum for Lot 1 and PS112,500 per annum for Lot 2. The contract(s) are for for two years initial duration with two years in extensionoptions.

Options: The contract(s) are for for two years initial duration with two years in extension options.

Renewal: Two year initial duration with two years in extension options.

Lot 2: Motor Fleet

Tenders are invited for the provision of Combined Liability (Lot 1) and/or Motor Fleet(Lot 2) insurance coverage and associated services (not broking services). Estimated value is PS962,500 per annum for Lot 1 and PS112,500 per annum for Lot 2. The contract(s) are for for two years initial duration with two years in extension options

Options: The contract(s) are for for two years initial duration with two years in extension options.

Renewal: Two year initial duration with two years in extension options.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02909a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/007943-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender 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

66500000 - Insurance and pension services

66510000 - Insurance services

Notice Value(s)

Tender Value
£4,300,000 £1M-£10M
Lots Value
£4,300,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£4,300,000 £1M-£10M

Notice Dates

Publication Date
15 Apr 20215 years ago
Submission Deadline
8 Mar 2021Expired
Future Notice Date
Not specified
Award Date
30 Mar 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Estimated 20 to 48 months from date of this notice

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Derby 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
DERBY
Postcode
DE1 2FS
Postcode Area
Derby
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF East Midlands (England)
Local Authority
Derby
Electoral Ward
Darley
Westminster Constituency
Derby South

Supplier Information

Number of Suppliers
2
Supplier Names

Maven Public Sector

Zurich Insurance plc (UK Branch) trading as Zurich Municipal

Further Information

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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