Further Competition under Insurance Placement DPS 978 for Barnsley Metropolitan Borough Council and their appointed Insurance Broker - Marsh

A Contract Award Notice
by BARNSLEY METROPOLITAN BOROUGH COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£74K-£3M
Sector
BUSINESS
Published
07 Oct 2021
Delivery
not specified
Deadline
n/a

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 4 suppliers

1 buyer

4 suppliers

Description

The Contracting Authority are approaching the end of their existing Long Term Agreements with insurers for Combined Liability including libel and Slander, officials indemnity, professional indemnity and crime plus Property insurances including business interruption, monitoring equipment, money, hired in plant, and fine art and in line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 1/10//2021. This Insurance is being procured competitively and in accordance with the Public Contracts Regulations 2015, via the YPO Insurance Placement DPS Ref. No: 000978 Further Competition under Insurance Placement DPS 978 for Barnsley Metropolitan Borough Council and their appointed Insurance Broker - Marsh

Lot Division

1 Material Damage
2 Combined Liability
3 Motor Fleet
4 Personal Accident, Travel and school journey

Award Detail

1 Protector Forsikring Asa (Manchester)
  • Reference: 025042-2021-1-1
  • Value: £1,498,483
2 Maven Public Sector (London)
  • Reference: 025042-2021-2-2
  • Value: £2,641,296
3 Travelers INS (London)
  • Reference: 025042-2021-3-3
  • Value: £437,500
4 Risk Management Partners (London)
  • Reference: 025042-2021-4-4
  • Value: £74,486

Renewal Options

The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend annually for up to 2 further 2 years (24 months), subject to satisfactory performance as reviewed on a year by year basis. 3+2+2.

Award Criteria

Quality 40
price 60

CPV Codes

  • 66510000 - Insurance services
  • 66000000 - Financial and insurance services

Indicators

  • Options are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains