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

Geochart for 2 buyers and 7 suppliers

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) Insurance Provision Reference: 16 081 insurance provision Value: £5,100,000 [share] Awarded to group of suppliers.
2	Risk Management Partners Acting as Managing Agents for Qbe (London) Insurance Provision Reference: 16 081 insurance provision Value: £5,100,000 [share] Awarded to group of suppliers.
3	Risk Management Partners Acting as Managing Agents for Aig Europe (London) Insurance Provision Reference: 16 081 insurance provision Value: £5,100,000 [share] Awarded to group of suppliers.
4	Risk Management Partners Acting as Managing Agents for HSB Engineering Insurance (London) Insurance Provision Reference: 16 081 insurance provision Value: £5,100,000 [share] Awarded to group of suppliers.
5	Travelers Insurance (London) Insurance Provision Reference: 16 081 insurance provision Value: £5,100,000 [share] Awarded to group of suppliers.
6	ACE Via Aon Underwriting Managers (London) Insurance Provision Reference: 16 081 insurance provision Value: £5,100,000 [share] Awarded to group of suppliers.
7	Arthur J Gallagher Insurance Brokers (Glasgow) Insurance Provision Reference: 16 081 insurance provision Value: £5,100,000 [share] Awarded to group of suppliers.

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