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Provision of Insurance and related services to Curo Group

Curo Group

This public procurement record has 1 release in its history.

Tender

25 Mar 2022 at 18:14

Tender Notice
Summary of the contracting process

The Curo Group is currently conducting a tender for the provision of insurance and related services, aimed at mitigating various risks including property damage and liabilities within the UK. This procurement falls under the insurance services category and has an estimated value of £6.9 million. The contract is set to commence on 1st October 2022, with a duration of three years and the possibility of an extension for an additional two years, contingent upon satisfactory performance. The submission deadline for interested bidders is 25th April 2022, and the procurement method employed is selective, following a competitive procedure with negotiation.

This tender presents significant opportunities for small and medium enterprises (SMEs) specialising in insurance and risk management services. Businesses with expertise in providing tailored insurance solutions, such as general liability, engineering inspections, or terrorism insurance, would be particularly well-suited to compete. Companies able to demonstrate relevant experience and a strong track record in similar sectors may find this procurement an advantageous avenue for business growth, especially given the comprehensive evaluation process that includes selection criteria focused on suitability, economic capability, and technical qualifications.

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Notice Information

Notice Title

Provision of Insurance and related services to Curo Group

Notice Description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Curo Group

Lot Information

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Curo Group

A programme of General (non-life) insurance and related services for Curo Group. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and employment practices liability, engineering inspections, terrorism insurance and directors and officers cover. This list is to be decided at the sole discretion of Curo Group. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Bath:-Insurance-services./SZREG8DX86

Options: Curo Group will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Curo Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with items of Engineering plant and a programme of Engineering inspections

Engineering Insurance and an associated programme of inspections for statutory and other items of engineering plant and equipment. The Contracting Authority may require that LOLER Certification is planned 5 monthly, which will allow the Association one month to re-book appointments where access has not been gained. In addition, the Contracting Authority requires that the delivery of LOLER visits is done in line with its 'No access process', this includes evidenced appointments and records of any appointment failures. This lot is an optional lot, which can be awarded or not awarded at the sole discretion of Curo Group, depending on Curo Group's requirements for lot 1. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Bath:-Insurance-services./SZREG8DX86

Options: Curo Group will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Curo Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Terrorism Risks for Curo Group

Insurance and related services associated with Terrorism risks for Curo Group This lot is an optional lot, which can be awarded or not awarded at the sole discretion of Curo Group, depending on Curo Group's requirements for lot 1. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Bath:-Insurance-services./SZREG8DX86

Options: Curo Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Curo Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0326b1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008215-2022
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services

CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66513100 - Legal expenses insurance services

66515000 - Damage or loss insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66517300 - Risk management insurance services

66518000 - Insurance brokerage and agency services

66518300 - Insurance claims adjustment services

66519200 - Engineering insurance services

71631000 - Technical inspection services

71631100 - Machinery-inspection services

71632200 - Non-destructive testing services

Notice Value(s)

Tender Value
£6,900,000 £1M-£10M
Lots Value
£6,900,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
25 Mar 20224 years ago
Submission Deadline
25 Apr 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Oct 2022 - 30 Sep 2025 3-4 years
Recurrence
Between 3 or 5 years from the date of this Notice

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Curo Group
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BATH
Postcode
BA2 1EP
Postcode Area
Bath
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK52 Bath & North East Somerset and South Gloucestershire
Delivery Location
Not specified
Local Authority
Bath and North East Somerset
Electoral Ward
Westmoreland
Westminster Constituency
Bath

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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