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Insurance coverage and associated service

Telford & Wrekin Council

This public procurement record has 3 releases in its history.

Award

08 Jun 2021 at 14:15

Award Notice
Award

25 May 2021 at 16:15

Award Notice
Tender

10 Feb 2021 at 12:24

Tender Notice
Summary of the contracting process

Telford & Wrekin Council is conducting a public procurement process for insurance coverage and associated services, which is currently at the Award stage. This tender is classified under the CPV code for insurance services and covers various lots, including Main Property, Commercial and Industrial Property, and Liability Insurance. Contracts under this procurement are set to commence on 1st April 2021, with the potential for a three-year contract followed by a two-year extension. The submission period has ended on 12th March 2021.

This tender presents significant opportunities for businesses specialising in insurance services, particularly small and medium enterprises (SMEs). Companies that focus on providing property, liability, and engineering insurance, as well as those offering personal accident cover, would be well-suited to compete. With a projected overall estimated value of £4,515,500 across multiple lots, successful bidders can anticipate engaging in long-term contracts that could enhance their market reach and operational stability.

How relevant is this notice?

Notice Information

Notice Title

Insurance coverage and associated service

Notice Description

Lot 1.Main Property 2.Commercial and Industrial Property 3.Fidelity Guarantee 4.Combined Liability 5.Motor Fleet 6.Personal Accident 7.Engineering Insurance and Inspection 8.Terrorism

Lot Information

Lot 1 Main Property

This Section incorporates the following classes of business: 1.1General Properties 1.2Darby House 1.3Local Education Authority Education Properties 1.4Abraham Darby Academy & Woodlands Primary 1.5Houseowners 1.6Business Interruption - Additional Expenditure 1.7Business Interruption - Gross Revenue 1.8Business Interruption - Rent Receivable 1.9Works in Progress - All Risks 1.10Money 1.11All Risks Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/Y4EEX2G24Q

Lot 2 Commercial and Industrial Property

This Lot incorporates the following classes of business: *Property leased to Commercial tenants *Loss of Rent

Lot 3 Combined Liability

This Lot incorporates the following classes of business: *Employers Liability *Public and Products Liability (including Libel and Slander) *Officials and Professional Indemnity

Lot 4 Fidelity Guarantee

This Lot incorporates the following classes of business: * Fidelity Guarantee

Lot 5 Motor Fleet

Motor Fleet

Lot 6 Personal Accident

This Lot incorporates the following class of business: *Main Group Personal Accident Policy *Business Travel

Lot 7 Engineering Insurance and Inspection

This Lot incorporates the following class of business: Engineering Insurance Engineering Inspection

Lot 8 Terrorism

Insurance cover for Property Damage and Business Interruption following Fire and/or Explosion caused by Terrorism

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0291f7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/012820-2021
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, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

66512000 - Accident and health insurance services

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66519000 - Engineering, auxiliary, average, loss, actuarial and salvage insurance services

Notice Value(s)

Tender Value
£4,515,500 £1M-£10M
Lots Value
£4,515,500 £1M-£10M
Awards Value
Not specified
Contracts Value
£4,515,500 £1M-£10M

Notice Dates

Publication Date
8 Jun 20215 years ago
Submission Deadline
12 Mar 2021Expired
Future Notice Date
Not specified
Award Date
30 Mar 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Telford & Wrekin 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
TELFORD
Postcode
TF3 4JA
Postcode Area
Telford
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG21 Telford and Wrekin
Delivery Location
TLG21 Telford and Wrekin
Local Authority
Telford and Wrekin
Electoral Ward
Malinslee & Dawley Bank
Westminster Constituency
Telford

Supplier Information

Number of Suppliers
5
Supplier Names

Alesco Risk Management Services Ltd

Aon UK Limited (of which Maven Public Sector is a trading arm)

Ashdale Engineering

Risk Management Partners Limited

Travelers Insurance Company Limited

Further Information

Open Contracting Data Standard (OCDS)

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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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