Staffordshire Pension Fund Insurance

A Contract Award Notice
by STAFFORDSHIRE COUNTY COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
5 year (est.)
Value
£4M
Sector
BUSINESS
Published
30 Sep 2024
Delivery
01 Oct 2024 to 30 Sep 2029 (est.)
Deadline
n/a

Concepts

Location

STAFFORD

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

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

Award Detail

1 Zurich Municipal (Swindon)
  • Staffordshire Pension Fund Insuarnce
  • Reference: ia3394
  • Num offers: 1
  • Value: £3,700,000

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

Award Criteria

Quality 50.0
PRICE 50.0

CPV Codes

  • 66515200 - Property insurance services

Indicators

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

Reference

Domains