Insurance Policies

A Tender Notice
by SOUTHWARK COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
3 year
Value
___
Sector
BUSINESS
Published
13 May 2025
Delivery
01 Oct 2025 to 01 Oct 2028
Deadline
02 Jul 2025 11:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

Southwark Council is inviting Tenders for the provision of insurances coverage and associated services various insurance policies. The contract(s) is/are likely to last a maximum of 5 years. Southwark Council's tender is an opportunity for the provision of insurance covering the principal classes of Property, Casualty and Motor and some small, ancillary covers such as personal accident and school travel. The companies providing the Insurance cover for Lots 3 and 8 will also handle claims relating to the policies. The insurance policies scope is divided in the following lots: Lot 1 Material Damage and associated covers:  Material Damage  Business Interruption  Money  Specified All Risks  Works in Progress "All Risks" Lot 1 estimated value:£10,571,551 Lot 2 Property:  Property Owners £2,025,000 Lot 3 Combined Liability:  Employer's Liability  Public/Products Liability  Officials Indemnity  Professional Indemnity Lot 3 estimated value: £4,417,752 Lot 4 Crime: Crime £235,876 Lot 5 Accident: Personal Accident / Business Travel £187,500 Lot 6 School: School Journey Offsite Activities £136,000 Lot 7 Computer: Computer £105,000 Lot 8 Motor: Motor Fleet £507,605 Estimated Contract Value including IPT and VAT where applicable £18,186,284

Lot Division

1 Material Damage and associated covers

Lot 1: Material Damage and associated covers
2 Property Owners and associated covers

Lot 2: Property Owners and associated covers  Property Owners
3 Combined Liability

Lot 3: Combined Liability
4 Crime

Lot 4: Crime
5 Accident

Lot 5: Accident Personal Accident / Business Travel
6 School

Lot 6: School School Journey Offsite Activities
7 Computer

Lot 7: Computer
8 Motor

Lot 8: Motor Motor Fleet

Renewal Options

The Insurance cover in all Lots is for an initial period of three (3) years with the option to extend for any period or periods up to a maximum of two (2) further years.

Award Criteria

Cost assessment Cost assessment Actual price 35% Financial Certainty 5%
Quality assessment Quality assessment The 60% Quality weighting for each Lot has been broken down as follows: Insurance All Lots Sub Criteria Cover 30% Service Delivery 10% Claims Handling 15% Social Value 5%

CPV Codes

  • 66500000 - Insurance and pension services
  • 66515200 - Property insurance services
  • 66516000 - Liability insurance services
  • 66510000 - Insurance services
  • 66512000 - Accident and health insurance services
  • 66514110 - Motor vehicle insurance services

Indicators

  • This is a recurring contract.
  • Options are available.
  • Renewals are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains