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WP3693 - Environmental Impairment Liability Insurance for the Phoenix 10 Development Project

Walsall Metropolitan Borough Council

This public procurement record has 2 releases in its history.

Award

13 Jan 2023 at 11:04

Award Notice
Tender

03 Mar 2021 at 16:21

Tender Notice
Summary of the contracting process

The Walsall Metropolitan Borough Council has completed the procurement process for Environmental Impairment Liability Insurance for the Phoenix 10 Development Project. This procurement falls under the services category with a focus on insurance services. The Insurance covers a total period of 12.5 years or for the remediation period and 10 years following remediation. The procurement method used was selective with a competitive dialogue approach. The contract was awarded to Zurich Insurance Public Limited Company, and the contract was signed on 1st March 2022.

This tender for Environmental Impairment Liability Insurance presents an opportunity for insurance and financial services companies to compete for a long-term contract with a significant value of 466,312 GBP. Businesses with experience in providing liability insurance services may find this tender suitable for enhancing their portfolio and generating revenue. The Walsall Council, along with Homes England and Henry Boot Developments Limited, offers a stable and long-term partnership through this procurement process, providing a reliable opportunity for sustainable business growth and expansion in the insurance industry.

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Notice Information

Notice Title

WP3693 - Environmental Impairment Liability Insurance for the Phoenix 10 Development Project

Notice Description

As an integral part of the Phoenix 10 Project, Walsall Council is contractually obliged to procure on behalf of itself and Homes England (HE) [jointly 'The Landowners'] and Henry Boot Developments Limited (HBD Ltd) Environmental Impairment Liability Insurance to cover the Phoenix 10 site and development for a total period of 12.5 years or for the remediation period and 10 years following remediation [via a 10-year Initial Period and extension of the period back to 10 years from completion of the remediation works - Extension Period].

Lot Information

Lot 1

As an integral part of the Phoenix 10 Project, Walsall Council is contractually obliged to procure on behalf of itself and Homes England (HE) [jointly 'The Landowners'] and Henry Boot Developments Limited (HBD Ltd) Environmental Impairment Liability Insurance to cover the Phoenix 10 site and development for a total period of 12.5 years or for the remediation period and 10 years following remediation [via a 10-year Initial Period and extension of the period back to 10 years from completion of the remediation works - Extension Period].

Options: See tender documents.

Renewal: N/A

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02980e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001059-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialogue
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£466,312 £100K-£500K

Notice Dates

Publication Date
13 Jan 20233 years ago
Submission Deadline
6 Apr 2021Expired
Future Notice Date
Not specified
Award Date
1 Mar 20224 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
Walsall Metropolitan Borough Council
Additional Buyers

Homes and Communities Agency

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
COVENTRY
Postcode
Not specified
Postcode Area
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
TLG38 Walsall
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

Zurich Insurance Public Limited Company

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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