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Mersey Gateway Insurance Provision

Halton Borough Council

This public procurement record has 1 release in its history.

Award

18 Oct 2022 at 13:04

Award Notice
Summary of the contracting process

The Halton Borough Council has completed the procurement process for the Mersey Gateway Insurance Provision. This procurement falls under the services category in the insurance industry. The tender involved various insurance placements covering material damage, business interruption, pool RE terrorism, and third-party liability. The procurement method used was a limited negotiation without publication of a contract notice. The awarded suppliers for the insurance placements were Aviva Insurance Ltd, QBE Insurance Europe Ltd, and Chubb European Group SE, with key dates signed on the 10th of October 2022.

Businesses in the insurance services sector offering large-scale operations may find opportunities for growth through this tender. The procurement process was at the award stage, providing insights into successful bids and potential collaborations with the Halton Borough Council for future projects. Located in the UKD71 region near the Mersey Gateway Bridge in Halton, this procurement offers tailored insurance solutions for specific needs, paving the way for businesses to showcase expertise in risk management and insurance services, aligning with the council's requirements and fostering business expansion.

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Notice Information

Notice Title

Mersey Gateway Insurance Provision

Notice Description

The Mersey Gateway is a new road crossing for the River Mersey and Manchester Ship Canal that was opened in October 2017. It provides a crossing that links the towns of Runcorn and Widnes in the Borough of Halton. Total Material Damage/Business Interruption/Pool RE Terrorism Placement Sum Insured: 417,406.18 GBP Total Premium Third Party Liability (10m GBP) Placement Sum Insured: 60,000.00 GBP 1st Excess Layer Third Party Liability Placement Sum Insured: 37,216.00 GBP 2nd Excess Layer Third Party Liability Placement Sum Insured: 30,000.00 GBP

Lot Information

Material Damage/Business Interruption/Pool Re Terrorism Placement

Material Damage/Business Interruption/Pool Re Terrorism Placement. Value plus Insurance Premium Tax @ 12% Policy from 12/10/2022 - 11/10/2023

Premium Third Party Liability (10,000,000.00 GBP) Placement

Premium Third Party Liability (10,000,000.00 GBP) Placement Value plus Insurance Premium Tax @ 12% Policy from 12/10/2022 - 11/10/2023

1st Excess Layer Third Party Liability (40,000,000.00 GBP in excess of 10,000,000.000 GBP) Placement

1st Excess Layer Third Party Liability (40,000,000.00 GBP in excess of 10,000,000.00 GBP) Placement Value plus Insurance Premium Tax @ 12% Policy from 12/10/2022 - 11/10/2023

2nd Excess Layer Third Party Liability (40,000,000.00 GBP in excess of 10,000,000.00 GBP) Placement

2nd Excess Layer Third Party Liability (40,000,000.00 GBP in excess of 10,000,000.00 GBP) placement Value plus Insurance Premium Tax @ 12% Policy From 12/10/2022 - 11/10/2023

Procurement Information

In accordance with (32)(2)(a)of the public regulations 2015: no suitable tenders were submitted in response to an open procedure conducted by the contracting authority previously - this remains the same requirement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0376a3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029304-2022
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Negotiated without publication of a contract notice
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£544,622 £500K-£1M

Notice Dates

Publication Date
18 Oct 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Oct 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Halton Borough 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
WIDNES
Postcode
WA8 7DZ
Postcode Area
Warrington
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD71 East Merseyside
Delivery Location
TLD71 East Merseyside
Local Authority
Halton
Electoral Ward
Central & West Bank
Westminster Constituency
Widnes and Halewood

Supplier Information

Number of Suppliers
3
Supplier Names

Aviva Insurance Ltd

Chubb European Group SE

QBE INSURANCE EUROPE LTD

Further Information

Open Contracting Data Standard (OCDS)

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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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