This public procurement record has 1 release in its history.

Tender

12 Sep 2023 at 13:55

Summary of the contracting process

The procurement process led by GreenSquareAccord Limited and its subsidiaries involves a tender for the Provision of Insurance and related services. The industry category is insurance services, with a total contract value of £9,000,000. The tender covers various insurance services for property, liability, and other risks, conducted through the GreenSquareAccord Supplier Portal. The procurement method is selective, using a competitive procedure with negotiation. The tender period ends on 12th October 2023, and the second stage will involve no negotiation, with an invitation date set for 20th October 2023.

This tender by GreenSquareAccord presents an opportunity for small or medium enterprises (SMEs) to provide insurance services to the contracting authority. Businesses well-suited to compete should have experience in various insurance services and meet specific financial and technical criteria. The contract offers potential growth for businesses in providing insurance and related services, with a focus on long-term agreements for up to 5 years. Interested parties need to ensure compliance with all submission terms, especially around financial capacity and professional experience in the insurance sector.

How relevant is this notice?

Notice Title

Provision of Insurance and related services to GreenSquareAccord

Notice Description

This GreenSquareAccord tender project is Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by GreenSquareAccord.This tender is being conducted through GreenSquareAccord's Supplier Portal and all documentation is only available via this portal - https://in-tendhost.co.uk/greensquare1Submissions must be made via this portal. All documents are required to be uploaded to the portal and you will then receive a receipt.Should you have any questions about this contract opportunity, please use the messaging facility on the tender project which will direct your question to the GreenSquareAccord colleague leading this procurement.While you are there, we would strongly urge you to update the rest of your supplier profile with your current contact details, address, insurances, data protection/GDPR and the mandatory forms to ensure these are up to date as we shall shortly

Lot Information

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by GreenSquareAccord

A programme of General (non-life) insurance and related services for GreensquareAccord. The programme will require Insurance and related services for risks that may include but not be limited to:property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and employment practices liability. This list is to be decided at the sole discretion of GreensquareAccord.This Lot excludes: Motor (See Lot 2), Engineering and Inspection (See Lot 3), Crime (See Lot 4), Terrorism (Pool-Re)(See Lot 5) , Terrorism (Non-Pool Re)(See Lot 6), Directors and Officers Liability (See Lot 7), Professional Indemnity (See Lot 8) , The Factory (See Lot 9) , and Alternative Risk Financing (See Lot 10)

Options: GreenSquareAccord will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost

Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)

Insurance and related services for motor vehicle risks (possibly including Motor legal expenses and Occasional business use extensions)

Options: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Enginnering Plant and Insurance for GreenSquareAccord

Insurance and related services associated with Engineering Plant and Insurance for GreenSquareAccord.

Options: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost

Renewal: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost

Insurance and related services associated with Crime for GreenSquareAccord

Insurance and related services associated with Crime risks for GreenSquareAccord

Options: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost

Renewal: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost

Insurance and related services associated with Terrorism and /or Political Violence (Pool-Re)

Insurance and related services associated with Terrorism and /or Political Violence (Pool-Re) risks for GreenSquareAccord

Options: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Terrorism and/or Political Violence (Non Pool-Re) for GreenSquareAccord

Insurance and related services associated with Terrorism and/or Political Violence (Non Pool-Re)

Options: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Directors and Officers for GreenSquareAccord

Insurance and related services associated with Directors and Officers for GreenSquareAccord

Options: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Professional Indemnity for GreenSquareAccord

Insurance and related services associated with Professional Indemnity for GreenSquareAccord

Options: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with The Factory for GreenSquareAccord

Insurance and related services associated with The Factory for GreenSquareAccord

Options: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Alternative Risk Financing and traditional Insurance for GreenSqaureAccord

Insurance and related services associated with Alternative Risk Financing and traditional Insurance

Options: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost

Renewal: GreenSquareAccord will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03fc0f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/026952-2023
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66513100 - Legal expenses insurance services

66513200 - Contractor's all-risk insurance services

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66517300 - Risk management insurance services

66518000 - Insurance brokerage and agency services

66518300 - Insurance claims adjustment services

Notice Value(s)

Tender Value
£9,000,000 £1M-£10M
Lots Value
£17,790,000 £10M-£100M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Sep 20232 years ago
Submission Deadline
12 Oct 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Apr 2024 - 31 Mar 2027 2-3 years
Recurrence
Between 3 or 5 years from the date of this Notice

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
GreenSquareAccord Limited and its subsidiaries
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WEST BROMWICH
Postcode
B70 6QG
Postcode Area
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG37 Sandwell
Delivery Location
Not specified

Local Authority
Sandwell
Electoral Ward
West Bromwich Central
Westminster Constituency
West Bromwich

Open Contracting Data Standard (OCDS)

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