Published date: 12 January 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
£1,572,610.41
Procurement reference
DN578775
Published date
12 January 2022
Closing date
29 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 & Crime, Motor Fleet, 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
21 December 2021
Contract start date
1 April 2022
Contract end date
31 March 2029
Total value of contract
£1,572,610.41
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 2 x 2 years (2 x 24 months), 7 years in total, subject to
satisfactory performance as reviewed on a year by year basis.
Contract value: £364,471.38
Zurich Municipal
Address
The Zurich Centre, 3000 Parkway, Whiteley, Fareham,
Hampshire
PO15 7JZReference
No reference - other
Supplier is SME?
No
Supplier is VCSE?
No
Additional details
-
Lot 1 Casualty & 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 2 x 2 years (2 x 24 months), 7 years in total, subject to satisfactory performance as reviewed on a year by year basis.
Contract value: £632,690.03
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 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 2 x 2 years (2 x 24 months), 7 years in total, subject to satisfactory performance as reviewed on a year by year basis.
Contract value: : £575,449.00
About the buyer
Contact name
Sarah Whittaker
Address
Rushcliffe Arena Rugby Road West Bridgford
Nottingham
NG2 7YG
England
Telephone
+44 01159148261
Website
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Closing: 29 November 2021, 12pm