Award

Further Competition under Insurance Placement DPS 978 for Gravesham Borough Council and their appointed Insurance Broker - Aon

GRAVESHAM BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

06 Jul 2022 at 13:20

Summary of the contracting process

The Gravesham Borough Council is conducting a procurement process for insurance services under the title "Further Competition under Insurance Placement DPS 978." This process falls under the financial services industry category and is located in Gravesend, UK. The procurement method used is a selective tendering procedure, with the process currently at the award stage. The contract was signed on 31 May 2022, valued at £3,439,499.70, with an initial contract period of five years commencing on 30 June 2022, and an option for the council to extend the contract by an additional two years.

This tender offers significant opportunities for businesses within the insurance sector, particularly those specialising in comprehensive coverage options such as property, liability, and motor fleet insurance. Companies that excel in delivering high-quality claims services, underwriting expertise, and innovative solutions may find this procurement an ideal fit for their offerings. Moreover, businesses with a capacity to manage complex insurance portfolios and a strong customer service ethos would be well-suited to compete in this procurement process.

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Notice Title

Further Competition under Insurance Placement DPS 978 for Gravesham Borough Council and their appointed Insurance Broker - Aon

Notice Description

Gravesham Borough Council is tendering for insurance services (excluding broking services) under further competition Yorkshire Procurement Organisation (YPO) Insurance Services Framework YPO978 in accordance with the terms of that agreement.

Lot Information

Combined Property (Material Damage, Business Interruption, Glass, Works in Progress (All Risks), Specified All Risks, Money and Computer)

Further Competition under Insurance Placement DPS 978 for Gravesham Borough Council and their appointed Insurance Broker - Aon

Options: Quotations are required on the basis of an initial contract period of five years from 30 June 2022 with the option for the Contracting Authority to extend the contract by up to an additional 2 years.

Combined Liability (Employers' Liability, Public / Products Liability including Hirers Liability and Libel & Slander, Professional Indemnity and Officials Indemnity including Public Health Act and Directors & Officers Liability)

Further Competition under Insurance Placement DPS 978 for Gravesham Borough Council and their appointed Insurance Broker - Aon

Options: Quotations are required on the basis of an initial contract period of five years from 30 June 2022 with the option for the Contracting Authority to extend the contract by up to an additional 2 years.

Motor Fleet

Further Competition under Insurance Placement DPS 978 for Gravesham Borough Council and their appointed Insurance Broker - Aon

Options: Quotations are required on the basis of an initial contract period of five years from 30 June 2022 with the option for the Contracting Authority to extend the contract by up to an additional 2 years.

Fidelity Guarantee (Crime)

Further Competition under Insurance Placement DPS 978 for Gravesham Borough Council and their appointed Insurance Broker - Aon

Options: Quotations are required on the basis of an initial contract period of five years from 30 June 2022 with the option for the Contracting Authority to extend the contract by up to an additional 2 years.

Lot 5 - Personal Accident / Travel

Further Competition under Insurance Placement DPS 978 for Gravesham Borough Council and their appointed Insurance Broker - Aon

Options: Quotations are required on the basis of an initial contract period of five years from 30 June 2022 with the option for the Contracting Authority to extend the contract by up to an additional 2 years.

Engineering Inspection and Insurance

Further Competition under Insurance Placement DPS 978 for Gravesham Borough Council and their appointed Insurance Broker - Aon

Options: Quotations are required on the basis of an initial contract period of five years from 30 June 2022 with the option for the Contracting Authority to extend the contract by up to an additional 2 years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-034eed
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/018501-2022
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
£3,439,499 £1M-£10M

Notice Dates

Publication Date
6 Jul 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 May 20223 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
GRAVESHAM BOROUGH COUNCIL
Contact Name
Tersaim Khaira
Contact Email
tersaim.khaira@gravesham.gov.uk
Contact Phone
+44 01474337212

Buyer Location

Locality
GRAVESEND
Postcode
DA12 1AU
Post Town
Dartford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ43 Kent Thames Gateway
Delivery Location
Not specified

Local Authority
Gravesham
Electoral Ward
Town
Westminster Constituency
Gravesham

Supplier Information

Number of Suppliers
1
Supplier Name

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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