Insurance Services

Description

The Council's requirement is for the provision of insurance cover and insurance services (including claims handling) for its current insurance portfolio and new covers as identified within the ITT document. This requirement will be let in 8 Lots as follows; Lot 1 Property and Pecuniary Insurances (including Contract Works, Business Interruption, Money and All Risks); Lot 2 Property Owners; Lot 3 Casualty Section; Lot 4 Fidelity Guarantee; Lot 5 Motor Fleet; Lot 6 Personal Accident & Travel; Lot 7 Combined Engineering; Lot 8 Towneley Hall Fine Arts Museum. Tenderers may submit a tender response for a single Lot or a combination of Lots. The Council reserves the right to award a single Lot or a combination of Lots by applying, to the tender response to each Lot submitted, the evaluation methodology set out in Appendix 2 of the ITT document. Awarded lots will be for 3 years from 1st April 2020 with the option of two annual extensions of 1 year each to 31st March 2025. Additional information: This is an OJEU open procedure, OJEU notice temp ref 19-497150-001 Tender documents can be accessed at www.the-chest.org.uk Oppurtunity ID: DN440785 https://procontract.due-north.com/Advert?advertId=6bc05142-74ea-e911-80fa-005056b64545 Tender submissions must also be via the Chest. Awarded Lots will be for 3 years from 1st April 2020 with the option of two annual extensions of 1 year each to 31st March 2025. Tenders may be submitted for one, for several or for all Lots. The Council reserves the right to award a single Lot or a combination of Lots by applying, to the tender response to each Lot submitted, the evaluation methodology as set out in the ITT documentation. Contract renewals will be determined based upon the duration of the awarded contract(s) including any options for extension. The estimated contract values for the 3 year term are as follows: Lot 1 Property and Pecuniary Insurances (including Contract Works, Business Interruption, Money and All Risks) £150,000 Lot 2 Property Owners £75,000 Lot 3 Casualty Section £360,000 Lot 4 Fidelity Guarantee £7,500 Lot 5 Motor Fleet £100,000 Lot 6 Personal Accident & Travel £1,500 Lot 7 Combined Engineering £30,000 Lot 8 Towneley Hall Fine Arts Museum £105,000 OJEU temporary award notice reference number 20-149520-001.

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