Insurance and Claims Handling Services

A Tender Notice
by SWINDON BOROUGH COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
7 year
Value
___
Sector
BUSINESS
Published
26 Sep 2022
Delivery
To 24 Sep 2029 (est.)
Deadline
31 Oct 2022 14:00

Concepts

Location

Swindon:

Geochart for 1 buyers and 0 suppliers

Description

Insurance and Claims Handling Services Swindon Borough Council invites expressions of interest from suitably qualified and experienced service providers for the provision of insurance and claims handling services. The Council proposes to enter into one or more Contract(s) for a maximum period of 3 years (with the option to extend for a period or periods up to an additional two years) with the successful Tenderer(s) (Supplier). The anticipated service commencement date is 01 January 2023. The Services have been divided into work packages (Lots) and Tenderers are invited to bid for all or any of the following Lots: 1. Property (including Leasehold Residential Properties) 2. Fidelity Guarantee 3. Combined Liability 4. Motor Fleet 5. Combined Engineering 6. Museum/Fine Arts 7. Package Lot 8. Asbestos Removal Liability The initial contract term is 36 months with an option to extend for a further 48 months (2 periods of 24 months) for a potential total contract term of 7 years as stated in the ITT documents. Estimated contract spend is outlined below. Full details relating to the Services are provided in the tender documents. Lot No Description Total Estimated Lot Value for 3 year initial term contract 1 Property £525,000-£825,000 2 Fidelity Guarantee £72,000-£132,000 3 Liability / Casualty Professional Indemnity, Officials Indemnity £1,086,000-£1,386,000 4 Motor £666,000-£966,000 5 Engineering Inspection £96,000-£156,000 6 Museum and Fine Art £69,000-£99,000 7 Combined Package lot of items 1-4 £2,349,000-£3,309,000 8 Asbestos Liability £21,000-£36000 Total Range: £4,884,000-£6,039,000 Lot No Description Total Estimated Lot Value for maximum 7 years contract 1 Property £1,225,000-£1,925,000 2 Fidelity Guarantee £168,000-£308,000 3 Liability / Casualty Professional Indemnity, Officials Indemnity £2,534,000-£3,234,000 4 Motor £1.554,000-£2,554,000 5 Engineering Inspection £224,000-£364,000 6 Museum and Fine Art £161,000-£231,000 7 Combined Package lot of items 1-4 £5,481,000-£7,721,000 8 Asbestos Liability £49,000-£84,000 Total Range: £11,396,000-£14,091,000

Lot Division

1 Property (Including leasehold residential properties)

Property including general, commercial, educational, solar farms, housing and leasehold. Initial contract period is for 3 years, commencing 01 January 2023. With an option to extend for two further periods of 2 years. Estimated cost range for initial 3 year term is £525,000 - £825,000 Estimated cost range for 7 year term is £1,225,000-£1,925,000

2 Fidelity Guarantee

Fidelity Guarantee Insurance. Initial contract period is for 3 years, commencing 01 January 2023. With an option to extend for two further periods of 2 years. Estimated cost range for initial 3 year term is £72,000-£132,000 Estimated cost range for 7 year term is £168,000-£308,000

3 Liability / Casualty Professional Indemnity, Officials Indemnity

Public liability, employers liability, professional indemnity, officials indemnity. Initial contract period is for 3 years, commencing 01 January 2023. With an option to extend for two further periods of 2 years. Estimated cost range for initial 3 year term is £1,086,000-£1,386,000 Estimated cost range for 7 year term is £2,534,000-£3,234,000

4 Motor Vehicle Insurance

Main fleet vehicle insurance and schools motor vehicle insurance. Initial contract period is for 3 years, commencing 01 January 2023. With an option to extend for two further periods of 2 years. Estimated cost range for initial 3 year term is ££666,000-£966,000 Estimated cost range for 7 year term is £1,554,000-£2,554,000

5 Engineering Inspection

Engineering inspection. Initial contract period is for 3 years, commencing 01 January 2023. With an option to extend for two further periods of 2 years. Estimated cost range for initial 3 year term is £96,000-£156,000 Estimated cost range for 7 year term is £224,000-£364,000

6 Museum and Fine Art Insurance

Museum and fine art insurance. Initial contract period is for 3 years, commencing 01 January 2023. With an option to extend for two further periods of 2 years. Estimated cost range for initial 3 year term is £69,000-£99,000 Estimated cost range for 7 year term is £161,000-£231,000

7 Combined Package of lots 1-4

Combined Package of lots 1-4 including: Property Fidelity Guarantee Liability Motor Initial contract period is for 3 years, commencing 01 January 2023. With an option to extend for two further periods of 2 years. Estimated cost range for initial 3 year term is £2,349,000-£3,309,000 Estimated cost range for 7 year term is £5,841,000-£7,721,000

8 Asbestos Liability Insurance

Asbestos Liability Insurance. Initial contract period is for 3 years, commencing 01 January 2023. With an option to extend for two further periods of 2 years. Estimated cost range for initial 3 year term is £21,000-£36,000 Estimated cost range for 7 year term is £49,000-£84,000

Renewal Options

Initial contract period is for 3 years, commencing 01 January 2023. With an option to extend for two further periods of 2 years.

CPV Codes

  • 66510000 - Insurance services
  • 66515200 - Property insurance services
  • 66516000 - Liability insurance services
  • 66514110 - Motor vehicle insurance services
  • 66519000 - Engineering, auxiliary, average, loss, actuarial and salvage insurance services
  • 66516400 - General liability insurance services

Indicators

  • Variant bids may be considered.
  • This is a one-off contract (no recurrence)
  • Options are available.
  • Renewals are not available.

Other Information

Tender clarifications to be submitted in writing via Messaging in ProContract tender portal by 24 October 2022, 1200 hrs UK Local time. The Council’s responses to these clarification questions will be issued periodically on the ProContract tender portal. Tender Responses are required to be submitted no later than 31 October 2022, 1400 hrs UK Local time via ProContract tender portal - https://www.supplyingthesouthwest.org.uk/ ** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains