Published date: 7 June 2022

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 20 June 2022, 11:59pm

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

United Kingdom

Value of contract

£8,000,000

Procurement reference

DCH001-DN615951-76282394

Published date

7 June 2022

Closing date

20 June 2022

Closing time

11:59pm

Contract start date

15 December 2022

Contract end date

15 December 2025

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

LiveWest intend to run a tender to contract with a supplier of insurance and related services.

• The nature of the contract is for the provision of Insurance and related services including claims handling services as required by LiveWest and its subsidiary Companies.
• The contract will initially run for three years (or periods of insurance) commencing at midnight on 15 December 2022 until 31 March 2026. LiveWest has the option to extend the contract at its sole discretion for a further period of up to two years.
• For reasons of confidentiality only companies who can demonstrate the minimum requirements mentioned in point 5 will be invited to bid and be in receipt of the full tender package.
• The content of the insurance provide will include:
- Provision of comprehensive buildings insurance for rented and affordable home ownership properties, totalling ca. £6bn insured sums
- Provision of £100m public liability insurance
- Provision of minimum £3m cyber insurance
- Provision of crime policies to indemnify in case of fraud, theft, etc.
- Provision of cover in case of terror attack to indemnify in case of total loss of stock

More information

Links

About the buyer

Contact name

Michael Maude

Address

1 Wellington Way
Skypark Business Park
Exeter
EX5 2FZ
England

Telephone

+44 1392302509

Email

Michael.Maude@livewest.co.uk

Website

http://www.dchgroup.com