Insurance Provision
A Modification Notice
by CHESHIRE EAST BOROUGH COUNCIL
- Source
- OJEU
- Type
- Contract (Services)
- Duration
- 5 year
- Value
- £5M-£6M
- Sector
- BUSINESS
- Published
- 02 Mar 2022
- Delivery
- 01 Apr 2017 to 31 Mar 2022
- Deadline
- n/a
Concepts
Location
Sandbach
2 buyers
- Cheshire East Borough Council Sandbach
7 suppliers
- Protector Insurance Manchester
- Risk Management Partners Acting as Managing Agents for Qbe London
- Risk Management Partners Acting as Managing Agents for Aig Europe London
- Risk Management Partners Acting as Managing Agents for HSB Engineering Insurance London
- Travelers Insurance London
- ACE Via Aon Underwriting Managers London
- Arthur J Gallagher Insurance Brokers Glasgow
Description
Cheshire East Borough Council (‘CEBC’) are seeking Insurance Provider(s) to provide Corporate Insurance cover per the specification prepared by CEBC's brokers AON.
Ammendments to Previous Notice
2. Contract value
GBP 5,100,000 6,400,000
Award Detail
1 | Protector Insurance (Manchester)
|
2 | Risk Management Partners Acting as Managing Agents for Qbe (London)
|
3 | Risk Management Partners Acting as Managing Agents for Aig Europe (London)
|
4 | Risk Management Partners Acting as Managing Agents for HSB Engineering Insurance (London)
|
5 | Travelers Insurance (London)
|
6 | ACE Via Aon Underwriting Managers (London)
|
7 | Arthur J Gallagher Insurance Brokers (Glasgow)
|
CPV Codes
- 66510000 - Insurance services
Indicators
- Contract modified due to additional needs.
Legal Justification
Legislative Compliance The modification sought is permitted under Reg 72(1)(b) of the Public Contract Regulations (“PCRs”) which permits Contracts to be modified without a new procurement where there is a need:“b) for additional works, services or supplies by the original contractor that have become necessary and were not included in the initial procurement, where a change of contractor … would cause significant inconvenience or substantial duplication of costs for the contracting authority provided that any increase in price does not exceed 50% of the value of the original contract.”
Other Information
Due to the insurance market conditions Cheshire East Council is proposing to vary the insurance policies to extend the time period by 12 months. This modification will extend the length of the contracts (there are various providers / policy combinations as already communicated) and increase the spend.
Reference
- OJEU 112980-2022