Insurance and Associated Services Framework Pre Market Engagement

A Prior Information Notice
by CRESCENT PURCHASING CONSORTIUM LIMITED

Source
Find a Tender
Type
Future Contract (Services)
Duration
4 year
Value
£120M
Sector
BUSINESS
Published
23 Jul 2024
Delivery
To 17 Oct 2028 (est.)
Deadline
n/a

Concepts

Location

Salford

Geochart for 3 buyers and 0 suppliers

Description

The CPC are looking to amalgamate the two existing Insurance frameworks that are due to expire shortly and therefore carrying out some Pre Market Engagement. Aware that members require a bespoke offering there will still be a clear distinction between the services offered via a lotting structure. Suppliers will be able to select the relevant lot(s) they wish to tender for that will likely follow a similar structure to below Lot 1: Insurances and Associated Services for Colleges Lot 2: Academies and Schools Comprehensive Insurance Cover & Service Provision Lot 3: Academies and Schools All Covers not included in the Risk Protection Arrangement (RPA) We have made the decision to align the existing frameworks with the current Colleges framework end date meaning the framework will be live from 1st February 2025.

Lot Division

1 Insurance and Associated Services for Colleges
  • Value: £96M

This lot will be to provide members with college insurance covers which includes but are not limited to: • Loss of or damage to any property including IT equipment, money, refrigerated/frozen food, property in transit • Works of art insurance • Loss due to dishonesty of employees or crime by third parties • Loss or damage to contract works • Loss or damage caused by terrorism • Employers liability • Public and products liability • Governors and officers liability • Libel and slander • Professional liability • Hirers liability • Cyber liability • Personal accident • Business and student travel • Legal expenses and employment practices liability • Motor, motor trade, motor sport and occasional business use • Damage to plant and engineering plant inspection services, marine and aviation

2 Academies and Schools Comprehensive Insurance Cover & Service Provision
  • Value: £19M

This lot will be to provide insurance for Academies, Multi-Academy Trusts, Maintained Schools and Free Schools. Insurance products and support services are available directly from insurers or via specialist insurance brokers. Members will be able to obtain Comprehensive Insurance Cover & Service Provision through Lot 2 as an alternative to the DfE Risk Protection Arrangement (RPA). • Employers liability • Professional indemnity • Public and products liability • Governors and Officers liability • Motor Vehicles • Motor occasional business use • Engineering damage • Statutory plant inspection services • Contract works for building projects • Business and student travel (including overseas travel) • Personal accident • Works of art • Property damage including glass, money, refrigerated/frozen food and property in transit • Computer equipment (fixed or portable) • Terrorism • Loss due to employee dishonesty or crime by third parties • Legal expenses • Employment practices liability • Hirers Liability • Libel and slander • Cyber risks

3 Academies and Schools All Covers not included in the Risk Protection Arrangement (RPA)
  • Value: £5M

For members that have joined the RPA, this lot will allow any peripheral cover not included within the RPA offer. • Motor Vehicles • Motor occasional business use • Engineering damage • Statutory engineering plant inspection services • Contract Works for building projects • Cyber risks • Other specific covers as required

Renewal Options

48 month(s) from the commencement date, with 36 initial month(s) and option to extend 1x12 month(s)

CPV Codes

  • 66510000 - Insurance services

Indicators

  • Restrictions apply to the lot award allocation.
  • Bids should cover a maximum number of lots.
  • Bids may cover one or more lots.
  • Options are available.
  • Professional qualifications are sought.
  • Award on basis of price and quality.

Reference

Domains