Award

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

THE LIVERPOOL CITY REGION COMBINED AUTHORITY AND MERSEYTRAVEL

This public procurement record has 1 release in its history.

Award

18 Aug 2021 at 06:59

Summary of the contracting process

The Liverpool City Region Combined Authority and Merseytravel initiated a public procurement process titled "Further Competition under Insurance Placement DPS 978". This procurement is classified under the industry category of insurance services (CPV code: 66510000) and is taking place in Liverpool, UK. The process is currently at the award stage, with contracts having been signed on 16th July 2021. The procurement employs a selective method under a restricted procedure, allowing for a focused selection of suppliers to meet the authority's diverse insurance needs, including property damage, business interruption, and various liability insurances.

This tender presents significant opportunities for further business growth, especially for insurers and financial service providers looking to expand their portfolios. Businesses offering specialised insurance services, particularly those that can demonstrate a strong track record in quality and competitive pricing, would be well-suited to compete. The emphasis on quality (60%) over price (40%) in the award criteria suggests that suppliers with robust risk management and customer service capabilities may receive a competitive advantage in this process.

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Notice Title

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Notice Description

PROVISION OF 'PROPERTY DAMAGE/BUSINESS INTERRUPTION/TERRORISM, PROPERTY DAMAGE/BUSINESS INTERRUPTION/MONEY/ALL RISKS/TERRORISM, EMPLOYERS LIABILITY AND PUBLIC LIABILITY, EXCESS EMPLOYERS LIABILITY (PS30M/PS20M), EXCESS PUBLIC LIABILITY (PS15M/PS10M), EXCESS PUBLIC LIABILITY (PS25M/PS25M), MOTOR FLEET, ENGINEERING COMPUTERS, PERSONAL ACCIDENT AND TRAVEL, DIRECTORS AND OFFICERS LIABILITY AND CORPORATE LEGAL LIABILITY EXCESS DIRECTORS AND OFFICERS LIABILITY AND EXCESS CORPORATE LEGAL LIABILITY, CRIME' (EXCLUDING BROKING SERVICES)

Lot Information

Property Damage, Business Interruption, Terrorism (Tunnels)

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Property Damage, Business Interruption, Money, All Risks, Terrorism

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Employers Liability

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Public Liability

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Excess Employers Liability (PS30m/PS20m) and Excess Public Liability (PS15m/PS10m)

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Excess Public Liability (PS25m/PS25m)

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Motor Fleet

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Engineering Computers

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Personal Accident and Travel

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Directors and Officers Liability and Corporate Legal Liability

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Excess Directors and Officers Liability and Excess Corporate Legal Liability

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Crime

Further Competition under Insurance Placement DPS 978 for The Liverpool City Region Combined Authority, Merseytravel and its Subsidiary Companies and their appointed Insurance Broker - Griffiths & Armour

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02d631
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020162-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
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
£716,219 £500K-£1M

Notice Dates

Publication Date
18 Aug 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
15 Jul 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE LIVERPOOL CITY REGION COMBINED AUTHORITY AND MERSEYTRAVEL
Contact Name
Nick Farrelly
Contact Email
nfarrelly@griffithsandarmour.com
Contact Phone
+44 01516002086

Buyer Location

Locality
LIVERPOOL
Postcode
L3 1BG
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified

Local Authority
Liverpool
Electoral Ward
Waterfront South
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
5
Supplier Names

AVIVA INSURANCE

CHUBB EUROPEAN GROUP

QBE EUROPEAN OPERATIONS

RISK MANAGEMENT PARTNERS

ZURICH MUNICIPAL

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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                "locality": "London",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "id": "GB-FTS-25877",
        "name": "The Liverpool City Region Combined Authority and Merseytravel"
    },
    "contracts": [
        {
            "id": "020162-2021-1-1",
            "awardID": "020162-2021-1-1",
            "status": "active",
            "value": {
                "amount": 399580.39,
                "currency": "GBP"
            },
            "dateSigned": "2021-07-16T00:00:00+01:00"
        },
        {
            "id": "020162-2021-2-2",
            "awardID": "020162-2021-2-2",
            "status": "active",
            "value": {
                "amount": 80000,
                "currency": "GBP"
            },
            "dateSigned": "2021-07-16T00:00:00+01:00"
        },
        {
            "id": "020162-2021-3-3",
            "awardID": "020162-2021-3-3",
            "status": "active",
            "value": {
                "amount": 93545.18,
                "currency": "GBP"
            },
            "dateSigned": "2021-07-16T00:00:00+01:00"
        },
        {
            "id": "020162-2021-4-4",
            "awardID": "020162-2021-4-4",
            "status": "active",
            "value": {
                "amount": 75594.92,
                "currency": "GBP"
            },
            "dateSigned": "2021-07-16T00:00:00+01:00"
        },
        {
            "id": "020162-2021-5-5",
            "awardID": "020162-2021-5-5",
            "status": "active",
            "value": {
                "amount": 67500,
                "currency": "GBP"
            },
            "dateSigned": "2021-07-16T00:00:00+01:00"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "relatedLot": "1",
                "value": 2
            },
            {
                "id": "2",
                "measure": "bids",
                "relatedLot": "2",
                "value": 1
            },
            {
                "id": "3",
                "measure": "bids",
                "value": 2
            },
            {
                "id": "4",
                "measure": "bids",
                "value": 2
            },
            {
                "id": "5",
                "measure": "bids",
                "value": 2
            }
        ]
    },
    "links": [
        {
            "rel": "prev",
            "href": "https://ted.europa.eu/udl?uri=TED:NOTICE:259145-2019:TEXT:EN:HTML"
        }
    ],
    "language": "en"
}