Published date: 12 June 2019
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.
Contract summary
Industry
Insurance services - 66510000
Location of contract
North West
Value of contract
£0
Procurement reference
BARR001-DN412855-67300692
Published date
12 June 2019
Closing date
8 July 2019
Contract start date
1 October 2019
Contract end date
1 October 2026
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?
No
Contract is suitable for VCSEs?
No
Description
Barrow-in-Furness Borough Council is looking to contract with a supplier(s) to provide Insurance Services excluding Broker services. Negotiated Tender split into 3 separate lots:
Lot 1. Property - Material Damage, Business Interruption, Contract Works, Money, Computers and Specified all Risks.
Lot 2. Liability - EL, PL, OI (including land charges and public health), Fidelity Guarantee, and Motor Fleet.
Lot 3. Personal Accident/Travel.
Suppliers can bid for multiple lots, as the Tender information will show. We are keeping this in a single ITT workflow rather than breaking it up into separate lots, if you can make clear in the tender documents the Lot(s) you are tendering for. The tender is for a 7 year contract with no option to extend.
Insurers will be authorised to write the classes of insurance listed within the EU Member States subject to English/Welsh Law and jurisdiction of the English/Welsh courts. Potential suppliers may be asked to produce a certificate issued by the appropriate insurance regulatory authority indicating the types of insurance the insurer is authorised to provide and must comply with Departments of Trade and Industry Regulations. Potential 5/6 suppliers may be asked to produce a copy of their annual reports and accounts for the last 3 years, name and address of bankers, details of last 3 years underwriting experience for the classes of business referred to in this notice.
All insurers must provide evidence that they are at least "A-" rated by Standard and Poor's (or equivalent) and/or approved by JLT Market Security Committee, otherwise their submission will be automatically rejected.
Details of membership of any professional body or association and education/Professional qualifications/ experience of all staff providing the services, and evidence of risk management capabilities. Please see the invitation to tender (ITT) for more details.
About the buyer
Contact name
Jamie Muir
Address
Barrow Town Hall
Duke Street
Barrow in Furness
LA14 2LD
United Kingdom
Telephone
+44 1229876410
Website
Share this notice
Closing: 8 July 2019
All content is available under the
