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Provision of Insurance Coverage (Excluding Broking Services)

Somerset Council

This public procurement record has 3 releases in its history.

Award

19 Apr 2023 at 09:08

Award Notice
TenderUpdate

10 Nov 2022 at 08:06

Tender Notice
Tender

29 Sep 2022 at 11:11

Tender Notice
Summary of the contracting process

Somerset County Council and District Councils within Somerset have completed the procurement process for the Provision of Insurance Coverage (Excluding Broking Services). The contracts are scheduled to run from 1st April 2023 to 31st March 2026, with options for a further 48-month extension. The procurement was conducted through an open procedure, allowing various suppliers to bid for the different lots offered, such as Property, Housing, Works, Motor Fleet, and Liability. The contracts have been awarded, and successful suppliers include Maven Public Sector, Protector Insurance, Zurich Municipal, and Ashdale Engineering UK Ltd.

This tender for Insurance Coverage offers opportunities for business growth to insurance service providers and related sectors. Businesses specialising in insurance services, risk management, engineering inspection, and liability insurance are well-suited to compete. With multiple lots covering a range of insurance categories, there is potential for diverse businesses to engage in this procurement process and expand their presence in the public sector insurance market.

How relevant is this notice?

Notice Information

Notice Title

Provision of Insurance Coverage (Excluding Broking Services)

Notice Description

Provision of Insurance Coverage (Excluding Broking Services) for Somerset County Council and District Councils within Somerset. The Contracts being offered are due to commence on 1st April 2023 and will expire on 31st March 2026, with options to extend for a maximum of a further 48 months. For further information, including access to the tender documents, please visit the ProContract e-tendering portal. Please note, the estimated value entered below is based on the initial contract period and does not include the optional extension period

Lot Information

Lot 1 - Property Combined

Lot 1 - Property Combined. For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months

Lot 2 - Housing Properties

Lot 2 - Housing Properties. For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 3 - Property Owners

Lot 3 - Property Owners. For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 4 - Leasehold & Mortgaged Properties

Lot 4 - Leasehold & Mortgaged Properties. For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 5 - Works in Progress

Lot 5 - Works in Progress. For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 6 - Crime

Lot 6 - Crime. For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 7A - Combined Liability - EL, PL/Products and PEL (PS1 million deductible)

Lot 7A - Combined Liability - EL, PL/Products and PEL (PS1 million deductible). For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 7B - Combined Liability - EL, PL/Products and PEL (PS500k deductible)

Lot 7B - Combined Liability - EL, PL/Products and PEL (PS500k deductible). For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 8A - Motor Fleet (PS1 million deductible)

Lot 8A - Motor Fleet (PS1 million deductible). For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 8B - Motor Fleet (PS250k deductible)

Lot 8B - Motor Fleet (PS250k deductible). For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 9 - Personal Accident

Lot 9 - Personal Accident. For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 10 - Engineering Inspection Services

Lot 10 - Engineering Inspection Services. For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 11 - Combined Liability - OI and PI

Lot 11 - Combined Liability - OI and PI. For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 12 - Terrorism

Lot 12 - Terrorism. For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 13 - Fine Art

Lot 13 - Fine Art. For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Lot 14 - Director & Officers Liability

Lot 14 - Director & Officers Liability. For further details on this lot, please see the specification which is available on the ProContract e-tendering portal.

Renewal: Options to extend for a maximum of a further 48 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-037149
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/011171-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£7,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£4,694,419 £1M-£10M

Notice Dates

Publication Date
19 Apr 20233 years ago
Submission Deadline
10 Nov 2022Expired
Future Notice Date
Not specified
Award Date
19 Jan 20233 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Somerset Council
Additional Buyers

Mendip District Council

Sedgemoor District Council

Somerset County Council

Somerset West and Taunton Council

South Somerset District Council

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRIDGWATER
Postcode
TA1 4DY
Postcode Area
Taunton
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK62 Somerset
Delivery Location
TLK23 Somerset CC
Local Authority
Somerset
Electoral Ward
Bishop's Hull & Taunton West
Westminster Constituency
Taunton and Wellington

Supplier Information

Number of Suppliers
5
Supplier Names

Alesco Risk Management Services Limited

Ashdale Engineering UK Ltd

Maven Public Sector

Protector Insurance

Zurich Municipal

Further Information

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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