Award

Insurance - Corporate Property

LIVERPOOL CITY COUNCIL

This public procurement record has 1 release in its history.

Award

11 Oct 2023 at 10:55

Summary of the contracting process

The Liverpool City Council recently awarded a contract for Corporate Property Insurance to Marsh through a selective procurement method. The contract involves an estimated initial 3-year term, with the council's brokerage service with Marsh facilitating the provision of the insurance policy. The contract, valued at £1,188,135.45 GBP, was signed on April 28, 2023. The procurement process was initiated through a tender and has now reached completion.

This tender for Corporate Property Insurance by the Liverpool City Council presents opportunities for insurance service providers, particularly those with experience in corporate property insurance. Businesses interested in long-term agreements and extension options could find this tender suitable for their growth. The procurement was carried out with quality and price criteria, with Marsh being the active supplier. Interested businesses should consider the specified award and tender details to assess their alignment with the requirements set by the contracting authority.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Insurance - Corporate Property

Notice Description

Corporate property insurance policy.

Lot Information

Lot 1

Corporate property insurance policy provided by Risk Management Partners Ltd through the council's brokerage service with Marsh. Additional information: The value provided for the contract is estimated for the initial 3 year term.

Options: Long term agreement in place of 3 years plus a 2 year extension option.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-040afd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029944-2023
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

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,188,135 £1M-£10M

Notice Dates

Publication Date
11 Oct 20232 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Apr 20232 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
LIVERPOOL CITY COUNCIL
Contact Name
Ms Emma Albel
Contact Email
emma.albel@liverpool.gov.uk
Contact Phone
+44 1513511827

Buyer Location

Locality
LIVERPOOL
Postcode
L3 1DS
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLD72 Liverpool

Local Authority
Liverpool
Electoral Ward
Waterfront South
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-040afd-2023-10-11T11:55:08+01:00",
    "date": "2023-10-11T11:55:08+01:00",
    "ocid": "ocds-h6vhtk-040afd",
    "initiationType": "tender",
    "tender": {
        "id": "DN672426",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Insurance - Corporate Property",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66510000",
            "description": "Insurance services"
        },
        "mainProcurementCategory": "services",
        "description": "Corporate property insurance policy.",
        "lots": [
            {
                "id": "1",
                "description": "Corporate property insurance policy provided by Risk Management Partners Ltd through the council's brokerage service with Marsh. Additional information: The value provided for the contract is estimated for the initial 3 year term.",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Quality",
                            "type": "quality",
                            "description": "50"
                        },
                        {
                            "type": "price",
                            "description": "50"
                        }
                    ]
                },
                "hasOptions": true,
                "options": {
                    "description": "Long term agreement in place of 3 years plus a 2 year extension option."
                },
                "status": "cancelled"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "UKD72"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "procurementMethod": "selective",
        "procurementMethodDetails": "Restricted procedure"
    },
    "awards": [
        {
            "id": "029944-2023-1",
            "relatedLots": [
                "1"
            ],
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-FTS-94960",
                    "name": "Marsh"
                }
            ]
        }
    ],
    "parties": [
        {
            "id": "GB-FTS-572",
            "name": "Liverpool City Council",
            "identifier": {
                "legalName": "Liverpool City Council"
            },
            "address": {
                "streetAddress": "4th Floor, Cunard Building",
                "locality": "Liverpool",
                "region": "UKD72",
                "postalCode": "L3 1DS",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Ms Emma Albel",
                "telephone": "+44 1513511827",
                "email": "emma.albel@liverpool.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "http://www.liverpool.gov.uk",
                "buyerProfile": "http://www.liverpool.gov.uk",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "REGIONAL_AUTHORITY",
                        "description": "Regional or local authority"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "01",
                        "description": "General public services"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-94960",
            "name": "Marsh",
            "identifier": {
                "legalName": "Marsh"
            },
            "address": {
                "locality": "London",
                "region": "UKD72",
                "postalCode": "EC3R 5BU",
                "countryName": "United Kingdom"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "large"
            }
        },
        {
            "id": "GB-FTS-3649",
            "name": "Royal Court of Justice",
            "identifier": {
                "legalName": "Royal Court of Justice"
            },
            "address": {
                "locality": "London",
                "postalCode": "WC2A 2LL",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "id": "GB-FTS-572",
        "name": "Liverpool City Council"
    },
    "contracts": [
        {
            "id": "029944-2023-1",
            "awardID": "029944-2023-1",
            "status": "active",
            "value": {
                "amount": 1188135.45,
                "currency": "GBP"
            },
            "dateSigned": "2023-04-28T00:00:00+01:00"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "3",
                "measure": "bids",
                "relatedLot": "1",
                "value": 4
            },
            {
                "id": "1",
                "measure": "lowestValidBidValue",
                "value": 1188136,
                "currency": "GBP"
            },
            {
                "id": "2",
                "measure": "highestValidBidValue",
                "value": 1500000,
                "currency": "GBP"
            }
        ]
    },
    "links": [
        {
            "rel": "prev",
            "href": "https://ted.europa.eu/udl?uri=TED:NOTICE:259145-2019:TEXT:EN:HTML"
        }
    ],
    "language": "en"
}