Award

Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

NCG

This public procurement record has 1 release in its history.

Award

22 Aug 2022 at 09:07

Summary of the contracting process

The contracting authority for this procurement process is NCG, a body governed by public law located in Newcastle upon Tyne, UK. The procurement stage is an award, and it involves further competition under the Insurance Placement Dynamic Purchasing System 978 for insurance services. The contracting process has been completed with Zurich Municipal, Risk Management Partners, and Alesco Risk Management Services Ltd being the active suppliers awarded contracts. The deadline for this procurement process was 16th June 2022.

This tender presents business growth opportunities for insurance services providers interested in long-term agreements in various insurance categories such as Property Combined, Terrorism inc. Crisis Resilience, Combined Liability, Professional Indemnity, Directors & Officers, Libel & Slander, Motor Fleet, Engineering, Personal Accident & Travel, and Cyber. Businesses with experience in providing quality insurance services should consider competing in this selective procurement opportunity with a restricted procedure to secure contracts with NCG Corporation.

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Notice Title

Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

Notice Description

NCG Corporation, as the Contracting Authority, is required to tender their requirement to insure their risk(s) due to the ending of an existing Long-Term Agreement ("LTA") with its incumbent insurers. A Procurement is being carried out under the Yorkshire Purchasing Organisation's Insurance Placement Dynamic Purchasing System (hereon in referred to as the YPO IP DPS), to assist NCG, the Contracting Authority, in deciding which Bidder should be awarded the Contract(s). The Contract has been divided into eight lots by type of insurance cover.

Lot Information

Lot 1 - Property Combined

Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

Options: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).

Lot 2 - Terrorism inc. Crisis Resilience

Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

Options: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).

Lot 3 - Combined Liability

Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

Options: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).

Lot 4 - Professional Indemnity, Directors & Officers, Libel & Slander

Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

Options: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).

Lot 5 - Motor Fleet

Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

Options: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).

Lot 6 - Engineering

Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

Options: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).

Lot 7 - Personal Accident & Travel

Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

Options: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).

Lot 8 - Cyber

Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

Options: NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03614d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/023216-2022
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
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
£4,076,457 £1M-£10M

Notice Dates

Publication Date
22 Aug 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
15 Jun 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NCG
Contact Name
Amy Clare
Contact Email
procurement@ncgrp.co.uk
Contact Phone
+44 01912004000

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE4 7SA
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
Not specified

Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
3
Supplier Names

ALESCO RISK MANAGEMENT SERVICES

RISK MANAGEMENT PARTNERS

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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