Published date: 18 January 2022
Last edited date: 21 February 2022
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Financial and insurance services - 66000000
Location of contract
United Kingdom
Value of contract
£2,380,498.40
Procurement reference
DN574571
Published date
18 January 2022
Closing date
8 November 2021
Closing time
12pm
Contract start date
1 April 2022
Contract end date
31 March 2029
Contract type
Service contract
Procedure type
Call-off from a dynamic purchasing system
A mini-competition or direct purchase from a pre-established dynamic purchasing system.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
Yes
Description
The Contracting Authority are approaching the end of their existing Long Term Agreements with insurers for Material Damage Package, Combined Liability, Motor Fleet, Crime, Engineering Inspection & Insurance and in line with Public Procurement legislation, they are
tendering their insurance portfolio in time for renewal on 1 April 2022.
This Insurance is being procured competitively and in accordance with the Public Contracts Regulations 2015, via the YPO Insurance Placement DPS Ref. No: 000978.
Award information
Awarded date
17 December 2021
Contract start date
1 April 2022
Contract end date
31 March 2029
Total value of contract
£2,380,498.40
This contract was awarded to 3 suppliers.
Protector Forsikring ASA
Address
7th Floor, 3 Hardman Street
Manchester
M3 3HFReference
No reference - other
Supplier is SME?
No
Supplier is VCSE?
No
Additional details
-
Lot 1 Property
The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend annually for up to a further 4 x 1 years (4 x 12 months), subject to satisfactory performance as reviewed on a year by year basis.
Contract value: £842,597.00
Lot 3 Motor
The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend annually for up to a further 4 x 1 years (4 x 12 months), subject to satisfactory performance as reviewed on a year by year basis.
Contract value: £515,014.57
Travelers Ins Co Ltd
Address
23-27 Alie Street
London
E1 8DSReference
No reference - other
Supplier is SME?
No
Supplier is VCSE?
No
Additional details
-
Lot 2 Casualty
The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend annually for up to a further 4 x 1 years (4 x 12 months), subject to satisfactory performance as reviewed on a year by year basis.
Contract value: £800,506.00
Risk Management Partners
Address
The Walbrook Building, 25 Walbrook
London
EC3N 8AWReference
No reference - other
Supplier is SME?
No
Supplier is VCSE?
No
Additional details
-
Lot 4 Engineering
The Contract Period will be for 3 years (36 months) from the date of award with a provision to extend annually for up to a further 4 x 1 years (4 x 12 months), subject to satisfactory performance as reviewed on a year by year basis.
Contract value: £222,380.83
About the buyer
Contact name
Joanne Daykin-Weston
Address
Ashfield District Council
Finance Department Ashfield District Council Urban Road Kirkby-in-Ashfield
Nottingham
NG17 8DA
England
Telephone
+44 01623457185
Joanne.Daykin-Weston@ashfield.gov.uk
Website
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Closing: 8 November 2021, 12pm