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Decision details

Authority to award contracts for insurance services

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To note the outcome of the tender for insurance services the contract for which was let by the Director of Finance and Corporate Services under delegated authority.

Decision:

(i)         that the award of the contract for the provision of Insurance Service to Zurich Municipal PLC trading as Zurich Municipal be noted;

(ii)        that it be noted that the contract for the provision of Insurance Service was awarded for three years with an optional two year extension to 31 March 2016 to commence on 1 April 2012;

(iii)       that it be noted that the value of the contract for the provision of Insurance Services was estimated to be £4,073,024 over the 5 years.

Wards Affected: (All Wards);

Other reasons / organisations consulted

Internal

Contact: Martin Spriggs, Exchequer and Investment Email: martin.spriggs@brent.gov.uk Tel: 020 8937 1472.

Report author: Martin Spriggs

Publication date: 25/04/2012

Date of decision: 23/04/2012

Decided at meeting: 23/04/2012 - Executive

Accompanying Documents:

 

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