Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

A Contract Award Notice
by NCG

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£143K-£3M
Sector
BUSINESS
Published
22 Aug 2022
Delivery
not specified
Deadline
n/a

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 3 suppliers

1 buyer

  • NCG Newcastle upon Tyne

3 suppliers

Description

NCG Corporation, as the Contracting Authority, is required to tender their requirement to insure their risk(s) due to the ending of an existing Long-Term Agreement (“LTA”) with its incumbent insurers. A Procurement is being carried out under the Yorkshire Purchasing Organisation’s Insurance Placement Dynamic Purchasing System (hereon in referred to as the YPO IP DPS), to assist NCG, the Contracting Authority, in deciding which Bidder should be awarded the Contract(s). The Contract has been divided into eight lots by type of insurance cover. Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

Lot Division

1 Property Combined
2 Terrorism inc. Crisis Resilience
3 Combined Liability
4 Professional Indemnity, Directors & Officers, Libel & Slander
5 Motor Fleet
6 Engineering
7 Personal Accident & Travel
8 Cyber

Award Detail

1 Zurich Municipal (Hampshire)
  • Reference: 023216-2022-1-1
  • Value: £3,315,801
2 Risk Management Partners (London)
  • Reference: 023216-2022-2-2
  • Value: £143,089
3 Alesco Risk Management Services (London)
  • Reference: 023216-2022-3-3
  • Value: £617,570

Renewal Options

NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s).

Award Criteria

Quality 60
price 40

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