Staffordshire Pension Fund Insurance
A Tender Notice
by STAFFORDSHIRE COUNTY COUNCIL
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 5 year
- Value
- 4M
- Sector
- BUSINESS
- Published
- 30 Jul 2024
- Delivery
- 01 Oct 2024 to 30 Sep 2029
- Deadline
- 29 Aug 2024 12:00
Concepts
Location
Stafford
2 buyers
- Staffordshire County Council Stafford
Description
Contract for the provision of Property Owners Combined and Terrorism excluding Broker Services. Staffordshire County Council is the Administering Authority for the Staffordshire Pension Fund ('the Fund'). The Fund has a total membership of 119,000, consisting of around 34,000 active members, 42,000 retired pensioners and dependants, and 43,000 deferred members. As of 31 March 2024, the assets of the Fund were in excess of £7.5 billion This incorporates the Material Damage including Loss of Rent and Property Owners Liability ▪ Material Damage - Commercial & Industrial Properties - Loss of Rent Property Owners Liability
Renewal Options
The Contracting Authority is looking for Tender responses based upon a Long Term Agreement of 3 years with an option to extend for a further 2 years The Contracting Authority is looking for Tender responses based upon a Long Term Agreement of 3 years with an option to extend for a further 2 years
Award Criteria
Quality | 50.0 |
PRICE | 50.0 |
CPV Codes
- 66515200 - Property insurance services
Indicators
- Bids should cover the whole contract.
- This is a recurring contract.
- Options are available.
- Renewals are available.
- Award on basis of price.
Reference
- FTS 023820-2024