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IPSWICH BOROUGH COUNCIL has floated a tender for Contract notice: Insurance services. The project location is United Kingdom and the tender is closing on 29 Nov 2019. The tender notice number is 554419-2019, while the TOT Ref Number is 38228097. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country : United Kingdom
Summary : Contract notice: Insurance services
Deadline : 29 Nov 2019
Other Information
Notice Type : Tender
TOT Ref.No.: 38228097
Document Ref. No. : 554419-2019
Competition : ICB
Financier : Self Financed
Purchaser Ownership : -
Tender Value : Refer Document
Purchaser's Detail
Purchaser : IPSWICH BOROUGH COUNCIL
Office Name: Ipswich Borough Council
Address: Grafton House, 15-17 Russell Road
Town: Ipswich
Postal Code: IP1 2DE
Contact Point: Procurement
Phone: +44 1473433905
United Kingdom
Email :procurement@ipswich.gov.uk
URL :www.suffolksourcing.uk
Tender Details
Object of the contract
Insurance services
Description: Contract notice: Insurance services
Authority Type: Regional or local authority
Contact Nature: Services
Procedure: Open procedure
Document: Contract notice
Regulation: European Union, with participation by GPA countries
Award criteria: The most economic tender
CPV code: 66510000, 66515200, 66510000, 66515200, 66513200, 66516000, 66516500, 66515411, 66512000, 66519200, 66514110
CPV Description: Insurance services.
Property insurance services.
Contractor`s all-risk insurance services.
Liability insurance services.
Professional liability insurance services.
Pecuniary loss insurance services.
Accident and health insurance services.
Engineering insurance services.
Motor vehicle insurance services.
Provision of Insurance Services, including Claims Handling and Risk Management Services, but excluding Broking Services, for Ipswich Borough Council
Reference Number : IBC/2173
It is the intention of Ipswich Borough Council to tender its insurance programme due for renewal on 1.4.2020, following the expiry of existing long term agreements.
Material damage, business interruption, money, plate glass, specified all risks, theft.
This tender is open only to insurance companies and managing general agents regulated by the Financial Conduct Authority and Market Act 2000, Insurance Companies Act 1982 and any other statutory modifications thereof. Insurance companies and MGA`s may provide terms through an intermediary/broker. For the avoidance of doubt this competition does not include a requirement for insurance broking services and placement of coverage will be by Gallagher with the bidding Insurers/MGA and not via the introducing intermediary. Evaluation will be undertaken as referred to within the ITT document.
Applicants are requested to provide with their letter of application details of their financial standing, including confirmation of company registration number and the company address. Applicants may be asked for further information if the Council feels it is necessary. The financial assessment will be based upon a credit check and review of the supplied accounts in relation to the value of business for the lot(s) applied for. Minimum level(s) of standards possibly required: Bidders must hold an AM Best rating of BBB+ or equivalent. In addition they must be able to demonstrate a minimum turnover of 15 times the estimated contract value for this procurement and must be able evidence a positive net worth if requested to do so.
Internet address (URL): www.suffolksourcing.uk
Documents
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