Insurance Services

A Contract Award Notice
by LONDON BOROUGH OF BRENT

Source
Find a Tender
Type
Contract (Services)
Duration
35.5 month (est.)
Value
£5M
Sector
BUSINESS
Published
02 Oct 2023
Delivery
To 16 Sep 2026 (est.)
Deadline
n/a

Concepts

Location

Wembley

Geochart for 2 buyers and 6 suppliers

Description

Insurance Services for the Council split across 6 Lots - Lot 1 - Property Insurance Lot 2 - Liability Insurance, Liability Claims handling and Fidelity Lot 3 - Motor Fleet Insurance Lot 4 - Personal Accident, Travel and School Journey Insurance Lot 5 - Terrorism Insurance Lot 6 - Engineering Inspection Insurance

Lot Division

1 Property Insurance

Property Insurance

Award Criteria
Quality 30.0
Social Value 10.0
PRICE 60.0
2 Liability Insurance, Liability Claims handling and Fidelity

Liability Insurance, Liability Claims handling and Fidelity

Award Criteria
Quality 40.0
Social Value 10.0
PRICE 50.0
3 Motor Fleet Insurance

Motor Fleet Insurance

Award Criteria
Quality 30.0
Social Value 10.0
PRICE 60.0
4 Personal Accident, Travel and School Journey Insurance

Personal Accident, Travel and School Journey Insurance

Award Criteria
Quality 30.0
Social Value 10.0
PRICE 60.0
5 Terrorism Insurance

Terrorism Insurance

Award Criteria
Quality 30.0
Social Value 10.0
PRICE 60.0
6 Engineering Inspection Insurance

Engineering Inspection Insurance

Award Criteria
Quality 30.0
Social Value 10.0
PRICE 60.0

Award Detail

1 Zurich Municipal (Fareham)
  • Property Insurance
  • Reference: 1
  • Num offers: 1
  • Value: £1,618,446
2 Maven Public Sector (London)
  • Liability Insurance, Liability Claims handling and Fidelity
  • Reference: 2
  • Num offers: 2
  • Value: £2,265,900
3 Maven Public Sector (London)
  • Motor Fleet Insurance
  • Reference: 3
  • Num offers: 2
  • Value: £252,000
4 Zurich Municipal (Fareham)
  • Personal Accident, Travel and School Journey Insurance
  • Reference: 4
  • Num offers: 1
  • Value: £47,246
5 Charles Taylor Services (London)
  • Terrorism Insurance
  • Reference: 5
  • Num offers: 3
  • Value: £313,875
6 Zurich Municipal (Fareham)
  • Engineering Inspection Insurance
  • Reference: 6
  • Num offers: 2
  • Value: £234,650

Renewal Options

The awarded contract is for a period of 36 months with the option to extend by a further 24 months.

CPV Codes

  • 66000000 - Financial and insurance services

Indicators

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

Reference

Domains