GB-Benfleet: Property Insurance (Leasehold)

Contract summary

Industry

• Insurance services - 66510000

• Damage or loss insurance services - 66515000

• Fire insurance services - 66515100

Show additional CPV codes for this notice

• Property insurance services - 66515200

• Weather and financial loss insurance services - 66515300

• Weather-related insurance services - 66515400

• General liability insurance services - 66516400

Location of contract

East of England

Value of contract

£22,100

Procurement reference

BIP681823420

Published date

6 April 2022

Closing date

15 March 2022

Closing time

12am

Contract start date

1 April 2022

Contract end date

31 March 2029

Contract type

Service contract

Procedure type

Open procedure

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

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Description

NOTE: This notice was updated on 06 April 2022 for the following reason: Award value corrected to take longest possible length of contract into account(Provision of Insurance Services in respect of Leasehold Properties and Equity Share / Mortgaged Properties (excluding the provision of insurance broking services)

Castle Point Borough Council is looking for tender responses based upon a Long Term Agreement of 5 years with the option to extend by a further 2 years.)

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More information

Links

• https://www.delta-esourcing.com/delta/respondToList.html?noticeId=681823420
• Please follow this link to view the notice.

Additional text

Insurers will be authorised to write the classes of insurance listed within UK 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 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 of underwriting experience for the classes of business referred to in this notice.

Insurers must be at least "A-" rated by Standard and Poor's (or equivalent rating agency) and/or approved by the Marsh Market Security Committee.

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Award information

Awarded date

15 March 2022

Contract start date

1 April 2022

Contract end date

31 March 2029

Total value of contract

£22,100

This contract was awarded to 1 supplier.

Avid Insurance Services Ltd

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About the buyer

Contact name

Katrine Sallows

Address

Kiln Road
Thundersley
Benfleet
SS7 1TF
UK

Telephone

01376551414

Email

katrine.sallows@braintree.gov.uk