Award

Further Competition under Insurance Placement DPS 978 for Rushcliffe Borough Council and their appointed Insurance Broker - Marsh

RUSHCLIFFE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

12 Jan 2022 at 08:36

Summary of the contracting process

Rushcliffe Borough Council is conducting a tender under the title "Further Competition under Insurance Placement DPS 978." This procurement, classified under the industry category of insurance services (CPV: 66510000), is aimed at renewing various insurance contracts before the existing agreements expire on 1 April 2022. The procurement method used is a restrictive procedure, focusing on services, and is currently in the Award stage. The contract will last for three years with options to extend up to an additional seven years, contingent upon performance evaluations. Key contact for this procurement is Sarah Whittaker, who can be reached at +44 01159148261 or via email at swhittaker@rushcliffe.gov.uk.

This tender presents significant opportunities for businesses in the insurance sector, particularly those experienced in providing insurance services across multiple categories, including property, casualty, motor, and engineering inspections. Companies capable of delivering high-quality service at competitive prices will be well-positioned to succeed in this competitive bidding environment. Given that several contracts are actively under negotiation, this is an excellent opportunity for established insurance providers and brokers looking to expand their market presence within the public sector.

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Notice Title

Further Competition under Insurance Placement DPS 978 for Rushcliffe Borough Council and their appointed Insurance Broker - Marsh

Notice Description

The Contracting Authority are approaching the end of their existing Long Term Agreements with insurers for Material Damage Package, Combined Liability & Crime, Motor Fleet, Engineering Inspection & Insurance and in line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 1 April 2022. This Insurance is being procured competitively and in accordance with the Public Contracts Regulations 2015, via the YPO Insurance Placement DPS Ref. No: 000978

Lot Information

Property

Further Competition under Insurance Placement DPS 978 for Rushcliffe Borough Council and their appointed Insurance Broker - Marsh

Options: The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend annually for up to a further 2 x 2 years (2 x 24 months), 7 years in total, subject to satisfactory performance as reviewed on a year by year basis.

Casualty

Further Competition under Insurance Placement DPS 978 for Rushcliffe Borough Council and their appointed Insurance Broker - Marsh

Options: The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend annually for up to a further 2 x 2 years (2 x 24 months), 7 years in total, subject to satisfactory performance as reviewed on a year by year basis.

Motor

Further Competition under Insurance Placement DPS 978 for Rushcliffe Borough Council and their appointed Insurance Broker - Marsh

Options: The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend annually for up to a further 2 x 2 years (2 x 24 months), 7 years in total, subject to satisfactory performance as reviewed on a year by year basis.

Engineering

Further Competition under Insurance Placement DPS 978 for Rushcliffe Borough Council and their appointed Insurance Broker - Marsh

Options: The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend annually for up to a further 2 x 2 years (2 x 24 months), 7 years in total, subject to satisfactory performance as reviewed on a year by year basis.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0309d5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000829-2022
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
£1,572,610 £1M-£10M

Notice Dates

Publication Date
12 Jan 20224 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 Dec 20214 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
RUSHCLIFFE BOROUGH COUNCIL
Contact Name
Sarah Whittaker
Contact Email
swhittaker@rushcliffe.gov.uk
Contact Phone
+44 01159148261

Buyer Location

Locality
NOTTINGHAM
Postcode
NG2 7YG
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF16 South Nottinghamshire
Delivery Location
Not specified

Local Authority
Rushcliffe
Electoral Ward
Compton Acres
Westminster Constituency
Rushcliffe

Supplier Information

Number of Suppliers
3
Supplier Names

PROTECTOR FORSIKRING

TRAVELERS INS

ZURICH MUNICIPAL

Open Contracting Data Standard (OCDS)

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