Further Competition under Insurance Placement DPS 978 for Northumberland County Council and their Appointed Insurance Broker — Marsh

A Contract Award Notice
by NORTHUMBERLAND COUNTY COUNCIL

Source
OJEU
Type
Contract (Services)
Duration
not specified
Value
£11M
Sector
BUSINESS
Published
13 Apr 2021
Delivery
To 15 Jul 2024 (est.)
Deadline
n/a

Concepts

Location

Morpeth

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

Description

The contracting authority are approaching the end of their existing long term agreements with insurers for material damage, business interruption, money, computer, fidelity guarantee, employers liability, public/products liability, officials indemnity, professional indemnity, motor fleet, personal accident/travel, school journey and in line with public procurement legislation, they are tendering their insurance portfolio in time for renewal on 1 April 2021. This Insurance is being procured competitively and in accordance with the Public Contracts Regulations 2015, via the YPO Insurance Placement DPS Ref. No 000978.

Total Quantity or Scope

Further competition under insurance placement DPS 978 for Northumberland County Council and their appointed insurance broker — Marsh.

Award Detail

1 Zurich Municipal (Fareham)
  • Further Competition under Insurance Placement DPS 978 for Northumberland County Council and their appointed Insurance Broker — Marsh
  • Reference: 1
  • Num offers: 1
  • Value: £11,427,490

Renewal Options

The contract period will be for 5 years (60 months) from the date of award with a provision to extend annually for up to a further 1 year (12 months), and then by a further 1 year (12 months), subject to satisfactory performance as reviewed on a year by year basis.

Award Criteria

Quality 60.0
PRICE 40.0

CPV Codes

  • 66510000 - Insurance services
  • 66000000 - Financial and insurance services

Indicators

  • Options are available.
  • Award on basis of price and quality.

Reference

Domains