21050: Norwich City Council Leasehold Housing Property Material Damage Insurance

A Contract Award Notice
by CAMBRIDGESHIRE COUNTY COUNCIL INSURANCE ON BEHALF OF NORWICH CITY COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£1M-£2M
Sector
BUSINESS
Published
31 Mar 2022
Delivery
not specified
Deadline
n/a

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

Norwich City Council (The “Authority”) wishes to invite tenders for the supply of services works in respect of Norwich City Council Leasehold Housing Material Damage Insurance as detailed within the tender documentation. The estimated total value of the contracts of the life of the agreements is estimated to be between £1,000,000 and £1,500,000. This contract value estimation is provided for guidance only and the final values will be determined by the market and bids received. Arthur J. Gallagher Insurance Brokers has been selected to assist the Insurance Service in the tender following a break of the existing Long Term Agreement which has triggered this tender process,

Total Quantity or Scope

Norwich City Council has a large-retained housing portfolio comprising approximately 17,700 units spread around the administrative boundary of Norwich City. There are 3,230 properties that have been purchased on a leasehold arrangement by residents under the right to buy legislation conferred within the Housing Act. These comprise mostly flats. A full schedule of properties is provided within this tender document. The properties are currently insured under the Council’s insurance programme with cover being provided by the current provider who are leaving the market, hence the reason for this tender process. This tender is separate from the Council’s main programme and set to stand alone and completely separate from the remainder of the Council’s insurance arrangements. This tender is separate from the Council’s main programme and set to stand alone and completely separate from the remainder of the Council’s insurance arrangements.

Award Detail

1 Avid Insurance Services (Leeds)
  • 21050: Norwich City Council Leasehold Housing Property Material Damage Insurance
  • Reference: 008631-2022-1
  • Value: £1,246,415

Renewal Options

The Authority are seeking bids for a number of options as detailed in the Invitation to Tender documentation and shall then seek to select the best option thereafter against the evaluation criteria stated within the Invitation to Tender documentation.

Award Criteria

Cover 25
Underwriting and Policy Management 5
Claims Management 10
price 60

CPV Codes

  • 66515200 - Property insurance services

Indicators

  • Options are available.

Other Information

Please note that this does not stop other entities of Arthur J. Gallagher Ltd bidding for the contract detailed in this notice. Please note that any questions relating to the tender process should sent via the Proactis Procurement Portal for this project (DN573020) and the messaging system provided within that e-tendering facility: The ProContract is located at https://procontract@due-north.com/Login. Tenderers who experience technical difficulties when using ProContract should contact the support desk Mon-Fri, 9:00 to 17:30 on Telephonel: 0330 005 0352 or Email: ProContractSuppliers@proactis.com ** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains