Further competition under Insurance Placement DPS 978 for Worcestershire County Council and their appointed Insurance Broker - Marsh

A Contract Award Notice
by WORCESTERSHIRE COUNTY COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£58K-£970K
Sector
BUSINESS
Published
07 Oct 2021
Delivery
not specified
Deadline
n/a

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 3 suppliers

1 buyer

3 suppliers

Description

The Contracting Authority are approaching the end of their existing Long Term Agreements with insurers for Material Damage, Computers, Contract Works, Money, All Risks, Fidelity Guarantee, Motor, Personal Accident & Travel excluding broker services and in line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 29th September 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 Worcestershire County Council and their appointed Insurance Broker - Marsh

Lot Division

1 Material Damages, business interruption and contracts all risk policies
2 Fidelity Guarantee
3 Motor insurance policies
4 Personal accident and Travel

Award Detail

1 Maven Public Sector (London)
  • Reference: 025044-2021-1-1
  • Value: £969,897
2 Volante (London)
  • Reference: 025044-2021-2-2
  • Value: £390,000
3 Zurich Municipal (Fareham)
  • Reference: 025044-2021-3-3
  • Value: £58,089

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 a further 2 years (24 months) plus 2 years (24 months), subject to satisfactory performance as reviewed on a year by year basis.

Award Criteria

Quality 30
price 70

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