Award

Further Competition under Insurance Placement DPS 978 for Melton Borough Council and their appointed Insurance Broker - A.J. Gallagher

MELTON BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

09 Aug 2022 at 09:00

Summary of the contracting process

The Melton Borough Council has completed a tender process for further competition under Insurance Placement DPS 978. The procurement is for insurance services, including the councils main insurance programme and insurances for leaseholders. The Council aims to select a supplier for an initial contract period of 5 years, extendable up to a further 2 years. The awarded supplier is Zurich Municipal.

This tender by Melton Borough Council provides opportunities for businesses in the insurance services sector. Companies experienced in providing insurance services to local authorities could compete for this contract. The procurement method used was a selective procedure with a restricted process. The contract was signed on 24th June 2022, with a total value of £1,645,700.00. The Council's contact person for this procurement is David Scott, reachable at dscott@melton.gov.uk.

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Notice Title

Further Competition under Insurance Placement DPS 978 for Melton Borough Council and their appointed Insurance Broker - A.J. Gallagher

Notice Description

The Council wishes to invite further competition responses for the supply of services in respect of insurances for the Councils main insurance programme together with the insurances arranged by the Council on behalf of its Leaseholders.

Lot Information

Combined Commercial

Further Competition under Insurance Placement DPS 978 for Melton Borough Council and their appointed Insurance Broker - A.J. Gallagher. Additional information: This lot was awarded on term of 3+2+2 = a maximum term of 7 (seven) years. Estimated value is PS1610000.00

Options: The Council proposes to enter into one contract for an initial period of 5 years with the preferred supplier, with an option to extend for a further period of 2 years in increments of 12 months making 7 years in total.

Leaseholder Right to Buy

Further Competition under Insurance Placement DPS 978 for Melton Borough Council and their appointed Insurance Broker - A.J. Gallagher. Additional information: This lot was awarded on term of 5 +2 = a maximum term of 7 (seven) years Estimated value is PS35700.00

Options: The Council proposes to enter into one contract for an initial period of 5 years with the preferred supplier, with an option to extend for a further period of 2 years in increments of 12 months making 7 years in total.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-035a14
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021819-2022
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
£1,645,700 £1M-£10M

Notice Dates

Publication Date
9 Aug 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
23 Jun 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
MELTON BOROUGH COUNCIL
Contact Name
David Scott
Contact Email
dscott@melton.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
MELTON MOWBRAY
Postcode
LE13 1GH
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF22 Leicestershire CC and Rutland
Delivery Location
Not specified

Local Authority
Melton
Electoral Ward
Melton Warwick
Westminster Constituency
Melton and Syston

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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