Award

CFM0094 - Fife Council Insurance Agreements

FIFE COUNCIL

This public procurement record has 3 releases in its history.

Award

05 Apr 2023 at 13:30

Tender

09 Nov 2022 at 16:50

Planning

09 Aug 2022 at 07:46

Summary of the contracting process

The Fife Council has concluded a tender process for insurance agreements titled "CFM0094 - Fife Council Insurance Agreements" in the services category under the CPV classification for insurance services. The procurement stage is marked as "Complete." The procurement method used was an open procedure. The tender aimed to appoint contractors capable of providing various types of insurance cover in Fife. The tender included 14 lots covering different insurance types with quality and price criteria for evaluation. The awards have been made to various suppliers, and key dates include the latest award date of 5th April 2023.

This public procurement process conducted by Fife Council for insurance agreements presents lucrative business opportunities for companies in the insurance services sector. Being a regional or local authority, Fife Council sought contractors meeting specific insurance service needs. Businesses well-suited to compete in such tenders include large-scale insurance service providers capable of meeting the quality and pricing criteria outlined in the procurement. The process involved a significant contract value of £25 million and had a variety of insurance categories open for bidding, providing a range of opportunities for growth and partnership with the Council.

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Notice Title

CFM0094 - Fife Council Insurance Agreements

Notice Description

Fife Council is appointing Contractors capable of meeting the needs of the Council in respect of the provision of various types of insurance cover.

Lot Information

Property Insurance Cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the provision of property insurance policy, including material damage and business interruption. In addition a Contractor shall be appointed to meet the needs of the Council in relation to Waste Handling Properties, including material damage and business interruption.

Renewal: Option of further extensions up to a maximum total period of 24 months.

Contract Works Insurance Cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the provision of contract works insurance, physical loss of or damage to works, temporary works and materials.

Renewal: Option of extending for a maximum total period of 24 months

Industrial and Commercial Property Owners Insurance Cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the provision of Industrial and commercial property owners insurance.

Renewal: Option of extending for a maximum total period of 24 months

Airside Liability Insurance cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the provision of Airside Liability Insurance, in respect of insured's legal liability to pay damages for bodily injury and or property damage.

Renewal: Option of extending for up to a maximum total period of 24 months.

Motor Fleet Insurance Cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the provision of Motor Fleet Insurance, comprehensive cover including claim handling service for third party claims.

Renewal: Option of extending for up to a maximum total period of 24 months.

Personal Accident and Business Travel cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the provision of personal accident and business travel insurance.

Renewal: Option of extending for up to a maximum total period of 24 months.

Fine Art Insurance Cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the providing of Fine Art Insurance.

Renewal: Option of extending for up to a maximum total period of 24 months.

Engineering Inspection Insurance

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the provision of Engineering Inspection.

Renewal: Option of extending for up to a maximum total period of 24 months.

Liability Insurance and Claims handing insurance cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the provision of liability insurance and claims handling.

Renewal: Option of extending for up to a maximum total period of 24 months.

Medical Malpractice Insurance cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the provision of Medical Malpractice insurance cover, in respect of legal liability to pay damages and claimants costs and expenses as a result of any bodily injuries caused by actual or alleged malpractice whilst conducting the authority's business

Renewal: Option of extending for up to a maximum total period of 24 months.

Fidelity Guarantee/Crime Insurance cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the provision of Fidelity guarantee/crime insurance, covering fraudulent or dishonest acts of employees or third parties.

Renewal: Option of extending for up to a maximum total period of 24 months.

Computer Insurance cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the provision of Computer insurance cover, including material damage and loss of data and information.

Renewal: Option of extending for up to a maximum total period of 24 months.

All Risk Insurance cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in the provision of an All Risk Insurance policy which covers all risks of physical loss or damage to property insured, anywhere within the UK, including whilst in transit.

Renewal: Option to extend for a maximum total period of 24 months.

Money Insurance cover

Fife Council is appointing a Contractor capable of meeting the needs of the Council in relation to the provision of a Money insurance policy, including cheques.

Renewal: Option of extending for up to a maximum total period of 24 months.

School Excursion Insurance Cover

Fife Council requires to appoint a Contractor capable of meeting the needs of the Council in the provision of school excursion insurance.

Renewal: Option of extending for up to a maximum total period of 24 months.

School Excursion Insurance Cover

Fife Council requires to appoint a Contractor capable of meeting the needs of the Council in the provision of school excursion insurance.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-035a0c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009979-2023
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning 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

66510000 - Insurance services

Notice Value(s)

Tender Value
£25,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£31,038,785 £10M-£100M

Notice Dates

Publication Date
5 Apr 20232 years ago
Submission Deadline
5 Jan 2023Expired
Future Notice Date
25 Sep 2022Expired
Award Date
27 Mar 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Option to extend agreement by 2 x 12-month periods, therefore notice may be issued from October 2026

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FIFE COUNCIL
Contact Name
Wendy Wylie
Contact Email
wendy.wylie@fife.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
GLENROTHES
Postcode
KY7 6GH
Post Town
Kirkcaldy
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM0 Eastern Scotland
Small Region (ITL 3)
TLM01 Clackmannanshire and Fife
Delivery Location
TLM72 Clackmannanshire and Fife

Local Authority
Fife
Electoral Ward
Glenrothes Central and Thornton
Westminster Constituency
Glenrothes and Mid Fife

Supplier Information

Number of Suppliers
3
Supplier Names

AXA XL

RISK MANAGEMENT PARTNERS

ZURICH INSURANCE

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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    }
}