Tender

Tender for Insurance Coverage and Associated Services

HARLOW DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Tender

23 Aug 2024 at 07:43

Summary of the contracting process

Harlow District Council has initiated a tender for "Insurance Coverage and Associated Services," focusing on various insurance categories within the services industry. The procurement process is in the Tender stage and employs an open procedure. The tender is divided into several lots, each addressing different insurance needs such as Property, Casualty, Crime, Personal Accident/Business Travel, Computer, Engineering Inspection and Insurance, and Motor Fleet. The contract period for each lot starts on 1 April 2025 and ends on 31 March 2030. The procurement is valued at £4,500,000 and invites responses by 4 October 2024, with the bid opening set for the same date at Harlow Civic Centre in Essex.

This tender represents a significant opportunity for businesses specialising in insurance services, particularly those regulated by the Financial Conduct Authority and the Market Act 2000. It is especially relevant for insurance companies and Managing General Agents (MGAs) capable of providing comprehensive coverage terms through intermediaries or brokers, although broking services themselves are not part of this competition. The scope and value of the contract make it an attractive prospect for businesses looking to expand their portfolio within the public sector in the UK. Generating business growth through winning such a contract can be beneficial for firms that have the capacity and expertise to manage large-scale insurance needs and deliver consistent, high-quality service over a five-year period.

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Notice Title

Tender for Insurance Coverage and Associated Services

Notice Description

This tender is open only to insurance companies and Managing General Agents regulated by the Financial Conduct Authority and Market Act 2000, Insurance Companies Act 1982 and any other modifications thereof. Insurance companies and MGA's may provide terms through an intermediary/broker. For the avoidance of doubt, this competition does not include a requirement for insurance broking services and placement of coverage will be by Gallagher with the bidding Insurances/MGA and not via the introducing intermediary. Evaluation will be undertaken in accordance with the ITT document.

Lot Information

Property

Material Damage Business Interruption Money Specified All Risks Theft Construction (annual)

Property Owners

Property Owners

Casualty

Employer's Liability Public/Products Liability Officials Indemnity Liable & Slander Land Charges Public Health Act Professional Indemnity

Crime

Crime

Personal Accident/Business Travel

Personal Accident/Business Travel

Computer

Computer

Engineering Inspection and Insurance

Engineering Inspection Engineering Insurance

Motor Fleet

Motor Fleet

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-049340
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/026957-2024
Current Stage
Tender
All Stages
Tender

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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66514110 - Motor vehicle insurance services

66515200 - Property insurance services

66516000 - Liability insurance services

66519200 - Engineering insurance services

Notice Value(s)

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

Notice Dates

Publication Date
23 Aug 20241 years ago
Submission Deadline
4 Oct 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2025 - 31 Mar 2030 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HARLOW DISTRICT COUNCIL
Contact Name
Carolyn Livingstone
Contact Email
admin.legal@harlow.gov.uk
Contact Phone
+44 1279446174

Buyer Location

Locality
HARLOW ESSEX
Postcode
CM20 1WG
Post Town
Chelmsford
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH35 West Essex
Delivery Location
TLH3 Essex

Local Authority
Harlow
Electoral Ward
Little Parndon & Town Centre
Westminster Constituency
Harlow

Open Contracting Data Standard (OCDS)

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