Award

CONTRACT FOR THE PROVISION OF PROPERTY INSURANCE PACKAGE, COMBINED LIABILITY & FIDELITY GUARANTEE, MOTOR FLEET INSURANCE, BALTIC - PROPERTY OWNERS INSURANCE, SAGE - MATERIAL DAMAGE INSURANCE & ENGINEERING INSPECTION AND INSURANCE

GATESHEAD COUNCIL

This public procurement record has 2 releases in its history.

Award

02 Feb 2022 at 17:32

Tender

18 Oct 2021 at 17:54

Summary of the contracting process

Gateshead Council is currently conducting a procurement process for a comprehensive insurance package that includes various types of cover such as property insurance, combined liability, motor fleet insurance, and other related services. The tender, titled "Contract for the Provision of Property Insurance Package, Combined Liability & Fidelity Guarantee, Motor Fleet Insurance, Baltic - Property Owners Insurance, Sage - Material Damage Insurance & Engineering Inspection and Insurance," falls under the financial and insurance services industry category. As this is an open procurement process, interested suppliers can submit their bids online until the tender submission deadline on 22nd November 2021.

This tender presents significant opportunities for businesses, particularly insurance firms with expertise in providing comprehensive insurance solutions rather than brokers. Companies that meet the qualifications for any of the six lots in the tender can strategically expand their market presence by participating in this bid. Given the multiple lots available, businesses with diverse insurance offerings, including property and liability cover, stand to benefit from this procurement process as they can showcase their capabilities across various insurance categories, enhancing their competitiveness in the public sector market.

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Notice Title

CONTRACT FOR THE PROVISION OF PROPERTY INSURANCE PACKAGE, COMBINED LIABILITY & FIDELITY GUARANTEE, MOTOR FLEET INSURANCE, BALTIC - PROPERTY OWNERS INSURANCE, SAGE - MATERIAL DAMAGE INSURANCE & ENGINEERING INSPECTION AND INSURANCE

Notice Description

Gateshead Council required suitably qualified and experience insurance companies (NOT BROKERS) to provide Insurance in the following: Lot 1: Property Insurance Combined Lot 2: Combined Liability & Fidelity Guarantee Lot 3: Motor Fleet Lot 4: Baltic - Property Owners Lot 5: Sage - Material Damage Lot 6: Engineering Inspection and Insurance Suitably qualified Companies were invited to submit responses for 1 or more Lots.

Lot Information

Property Insurance Combined

Property Insurance Combined

Options: Options to extend for 2 x 24 Months

Combined Liability & Fidelity Guarantee

Combined Liability & Fidelity Guarantee

Options: Options to extend for 2 x 24 Months

Motor Fleet

Motor Fleet

Options: Options to extend for 2 x 24 Months

Baltic - Property Owners

Baltic - Property Owners

Options: Options to extend for 2 x 24 months

Sage - Material Damage

Sage - Material Damage

Options: Options to extend for 2 x 24 months

Engineering Inspection and Insurance

Engineering Inspection and Insurance

Options: Options to extend for 2 x 24 months

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02ed01
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003050-2022
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
2 Feb 20224 years ago
Submission Deadline
22 Nov 2021Expired
Future Notice Date
Not specified
Award Date
10 Jan 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

Contracting Authority (Buyer)

Main Buyer
GATESHEAD 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
GATESHEAD
Postcode
NE8 1HH
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC2 Northumberland, and Tyne and Wear

Local Authority
Gateshead
Electoral Ward
Bridges
Westminster Constituency
Gateshead Central and Whickham

Supplier Information

Number of Suppliers
4
Supplier Names

PROTECTOR INSURANCE

RISK MANAGEMENT PARTNERS

TRAVELERS INSURANCE

ZURICH INSURANCE

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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