Contract details
Contract: Contract for the Provision of an Insurance Broker Service
Details
Buyer:
Gateshead Council
Department:
Corporate Services and Governance - Corporate Commissioning and Procurement
Title:
Contract for the Provision of an Insurance Broker Service
Description:
The appointed broker will assist the Council in achieving best value from its insurance arrangements and must be able to represent the Council in any insurance matter providing general insurance and risk management advice.
It will be a requirement of the Contract that the appointed broker must be available to attend regular meetings at the Councils premises this will also include requests for meetings at short notice.
The full scope of the required service is:
• In respect of the external insurance cover required by the Council, to undertake comprehensive marketing exercises. Presentations by prospective insurers are to be arranged and attended by the broker upon the request of the Council.
• To have experience and knowledge of current EU Procurement Regulations (The Public Contract Regulations 2015) and to advise and assist the council with the procurement of suitable insurance cover.
• To prepare tender documentation for policy renewals.
• To participate in the tender evaluation process and attend all tender evaluation meetings, advise on the content and quality of insurers’ bids and advise on the adequacy of insurance cover provided.
• To reasonably attend meetings upon request by the Council on an ad-hoc basis in respect to insurance matters.
• To provide ongoing liaison with the Council’s insurers and work with direct deal insurers.
• To provide ongoing support and advice to the Council on the provision and interpretation of policy cover and changes in the insurance market.
• To carry out research on an ongoing basis to ensure that all insurers providing cover are financially secure and are able to provide the required standard of service.
• To advise the Council generally on issues which might affect its risk exposures and insurance arrangements now and in the future
Description of the geographical coverage:
Reference no:
DN320710
Estimated total value:
£10,000.00
Estimated annual value:
£0.00
VAT not recovered:
£0.00
Participating organisations:
N/A
Keywords:
Insurance Broker, Risk Management, Insurance
Start date:
01/04/2018
End date:
31/03/2021
Awarded date:
28/03/2018
Awarded value:
Not set
Appraisal date:
Not provided
Review date:
01/12/2021
Initial contract period:
36 months
Total option to extend:
24 months
Total contract period:
60 months
Available extensions:
2 with 2 taken
Central purchasing body:
Gateshead Council
Framework:
N/A
Find a Tender (FTS):
No
Process used:
RFQ
Extensions Show more
Available extensions:
2
Total option to extend:
24 months
Available
Period (months)
Start date
End date
Comments
12
01/04/2021
31/03/2022
1st Option to Extend
12
01/04/2022
31/03/2023
2nd Option to Extend
Taken
Period (months)
Start date
End date
Comments
Approved date
12
01/04/2021
31/03/2022
Extension confirmed
11/03/2021
12
01/04/2022
31/03/2023
Extension confirmed
08/03/2022
Primary contact
Title:
Miss
First name:
Janice
Surname:
Lynn
Email address:
janicelynn@gateshead.gov.uk
Telephone number:
0191 433 5959
Fax number:
Mobile number:
Awarded supplier(s)
| Company name | Company reg number | SME/VCS | VCS reg number | Postcode |
|---|---|---|---|---|
| Marsh Limited | 984275 | EC3R 5BU |
Notes
Public notes:
Custom details
Public attachments
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