Further Competition under Insurance Placement DPS 978 for London Borough of Sutton and their Appointed Insurance Broker — Marsh

A Contract Award Notice
by LONDON BOROUGH OF SUTTON

Source
OJEU
Type
Contract (Services)
Duration
not specified
Value
£523K
Sector
BUSINESS
Published
26 Apr 2021
Delivery
To 15 Jul 2024 (est.)
Deadline
n/a

Concepts

Location

Sutton

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

Description

The contracting authority is approaching the end of their existing long term agreement with insurers for Leasehold RTB flats insurance. 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 London Borough of Sutton and their appointed Insurance Broker — Marsh.

Award Detail

1 Zurich Municipal (Fareham)
  • Reference: 1
  • Num offers: 4
  • Value: £523,436

Renewal Options

The contract period will be for 2 years (24 months) from the date of award with an option for a further 24 months. Contract start date: 1 April 2021.

Award Criteria

Claims handling 20.0
Policy cover 15.0
Added value 5.0
PRICE 60.0

CPV Codes

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

Indicators

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

Reference

Domains