Further Competition under Insurance Placement DPS 978 for NCG Corporation and their appointed Insurance Broker - A.J. Gallagher

A Contract Award Notice
by YORKSHIRE PURCHASING ORGANISATION

Source
Contracts Finder
Type
Contract (Services)
Duration
6 year
Value
£4M
Sector
BUSINESS
Published
24 Aug 2022
Delivery
01 Aug 2022 to 31 Jul 2028
Deadline
12 May 2022 10:00

Concepts

Location

Geochart for 1 buyers and 3 suppliers

1 buyer

3 suppliers

Description

NCG Corporation, as the Contracting Authority, is required to tender their requirement to insure their risk(s) due to the ending of an existing Long-Term Agreement ("LTA") with its incumbent insurers. A Procurement is being carried out under the Yorkshire Purchasing Organisation's Insurance Placement Dynamic Purchasing System (hereon in referred to as the YPO DPS), to assist NCG, the Contracting Authority, in deciding which Bidder should be awarded the Contract(s). The Contract has been divided into eight lots by type of insurance cover.

Award Detail

1 Zurich Municipal (Fareham)
  • Value: £4,076,459
2 Risk Management Partners (London)
  • Value: £4,076,459
3 Alesco Risk Management Services (London)
  • Value: £4,076,459

CPV Codes

  • 66000000 - Financial and insurance services

Indicators

  • Contract is suitable for SMEs.
  • Contract is suitable for VCOs.

Other Information

NCG proposes to enter into one or more Contract(s) under a long-term agreement for an initial period of three (3) years (with the option to extend the long-term agreement for a period or periods up to an additional three (3) years) with the successful Bidder(s). Lot 5 & 8 - The contract/lot is not awarded No tenders or requests to participate were received or all were rejected

Reference

Domains