Award

Provision of Insurance Coverage

COMHAIRLE NAN EILEAN SIAR

This public procurement record has 2 releases in its history.

Summary of the contracting process

The procurement process for the "Provision of Insurance Coverage" has been concluded by Comhairle nan Eilean Siar, a regional local authority located in Stornoway, UK. This tender, classified under the services industry, involved a limited procurement method whereby contracts were awarded without prior publication of a call for competition. The procurement stage is now marked as complete, with the contracts signed on 28th April 2021. The procurement covers various insurance lots, providing coverage for assets and liabilities relevant to the authority, with a geographical focus on the UKM64 region.

This contract presents substantial opportunities for businesses involved in insurance and related financial services, particularly large-scale suppliers capable of offering comprehensive insurance solutions. Firms that specialise in property, liability, marine, and engineering insurance could find this tender particularly relevant, enabling them to broaden their service offerings and engage with a government authority that prioritises secure and reliable coverage solutions. The procurement method indicates a stable ongoing need for insurance services, which could lead to further contract opportunities in the future for successful suppliers.

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Notice Title

Provision of Insurance Coverage

Notice Description

The provision of Insurance coverage for Comhairle nan Eilean Siar for year 2021-22

Lot Information

Fidelity

Loss of money held by Comhairle as a result of fraud or dishonesty of employees

Computer

Computer equipment, loss of data, virus and hacking

Personal Accident,Travel and School

Personal accident, business travel and school journeys

Engineering

Engineering plant inspection and cover for damage

Wind Turbine

Property, business interruption and liability cover for turbine at Creed Park

Marine

Cover for third party liability at marine ports, property damage, business interruption and hull/machinery protection and indemnity

Property Insurance

Material damage for Comhairle assets, business interruption cover, loss of money, all risks and contractors all risks

Combined Liability

Including employers liability, public liability, officials indemnity, professional indemnity, libel and slander.

Fleet

Comhairle vehicles

Procurement Information

Following consultation with our brokers we have been advised to continue our coverage with the incumbent providers for a period of one additional year from the start of financial year 2021/22

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000631804
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN417517
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
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
£948,126 £500K-£1M

Notice Dates

Publication Date
8 Jun 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
28 Apr 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
COMHAIRLE NAN EILEAN SIAR
Contact Name
Not specified
Contact Email
contracts@cne-siar.gov.uk
Contact Phone
+44 1851600501

Buyer Location

Locality
STORNOWAY
Postcode
HS1 2BW
Post Town
Outer Hebrides
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM2 Highlands and Islands
Small Region (ITL 3)
TLM20 Highlands and Islands
Delivery Location
TLM64 Na h-Eileanan Siar

Local Authority
Na h-Eileanan Siar
Electoral Ward
Steòrnabhagh a Deas
Westminster Constituency
Na h-Eileanan an Iar

Supplier Information

Number of Suppliers
4
Supplier Names

RISK MANAGEMENT PARTNERS

RSA

TYSERS

ZURICH

Further Information

Notice Documents

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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