Market Leads & Opportunities

United Kingdom-Solihull: Insurance services – Framework Lead

Source: Tracker Intelligence

The current contract for Insurance services – Framework Lead is projected to end on 09-APR-20 and may be available for retender.
Description:
Title attributed to the contract by the contracting authority:: SOL – Schools Insurance Framework Agreement.

Type of contract and location of works, place of delivery or of performance: Services
Service category No 6a:
NUTS code UK

Information on framework agreement: Framework agreement with several operators
maximum number of participants to the framework agreement envisaged: 6
Duration of the framework agreement
Duration in years: 5
Justification for a framework agreement, the duration of which exceeds four years: Industry Norm. Please refer to V1.3.
Estimated total value of purchases for the entire duration of the framework agreement
Estimated value excluding VAT:
Range: between 1 500 000 and 45 000 000 GBP

Short description of the contract or purchase(s): Solihull Metropolitan Borough Council wishes to establish a Framework Agreement (with 3 Lots) for the provision Schools insurance and insurance services for its own maintained and aided schools and for potential use by any local authority in England; or any individual school within any local authority in England subject to meeting agreed underwriting and risk criteria.
The Tender is open to the following organisations:
Insurers, registered with the FCA, proposing to provide the service on a deal-direct basis with the Council and/or Schools insured under the Framework. Such insurers must have the infrastructure to provide the service on a direct (non-agency) basis.
Insurance Brokers or Managing General Agents who are submitting a bid which is fully and exclusively supported by Insurers which are registered with the FCA and authorised to transact business. When submitting their Bid the name, identity and the exclusive quotation basis must be clearly identified for all covers being tendered.

Information about variants: Variants will be accepted: yes

Information about renewals: This contract is subject to renewal: yes