Issue - decisions

Corporate Property, Terrorism and Casualty insurance Contract Awards

 

 

14/03/2022 - Corporate Property, Terrorism and Casualty insurance Contract Awards

RESOLVED: To

 

1.       The Cabinet Member for Resources and Financial Governance, in consultation with the Leader, is recommended by the Contracts and Commissioning Board to approve the contract awards in accordance with Regulation 28.4(c) of the Council’s Tenders and Contracts Regulations for

 

(a)  a contract for Lot 1 Property Insurance to BIDDER P1 (named in the part B report) for an initial period of 3 years with 2 extension options each of 12 months for a maximum period of five years (3+1+1) and for the value set out in part B

 

(b)  a contract for Lot 2 Terrorism Insurance to BIDDER T1 (named in the part B report) for an initial period of 3 years with 2 extensions each of 12 months for a maximum period of five years (3+1+1) and for the value set out in part B.

 

(c)  a contract for Lot 3 Casualty Insurance to BIDDER C3 (named in the part B report) for an initial period of 3 years with 2 extension options each of 12 months for a maximum period of five years (3+1+1) and for the value set out in part B

 

Note the bidders’ names and contract values are set out in the Part B report and will be published following contract award.

 

 

04/03/2022 - Corporate Property, Terrorism and Casualty insurance Contract Awards

RESOLVED: To

 

1.    The Cabinet Member for Resources and Financial Governance, in consultation with the Leader, is recommended by the Contracts and Commissioning Board to approve the contract awards in accordance with Regulation 28.4(c) of the Council’s Tenders and Contracts Regulations for

 

(a)  a contract for Lot 1 Property Insurance to BIDDER P1 (named in the part B report) for an initial period of 3 years with 2 extension options each of 12 months for a maximum period of five years (3+1+1) and for the value set out in part B

 

(b)  a contract for Lot 2 Terrorism Insurance to BIDDER T1 (named in the part B report) for an initial period of 3 years with 2 extensions each of 12 months for a maximum period of five years (3+1+1) and for the value set out in part B.

 

(c)  a contract for Lot 3 Casualty Insurance to BIDDER C3 (named in the part B report) for an initial period of 3 years with 2 extension options each of 12 months for a maximum period of five years (3+1+1) and for the value set out in part B

 

Note the bidders’ names and contract values are set out in the Part B report and will be published following contract award.