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Award of Contract – Insurance Services

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Meeting: 13/08/2018 - Cabinet (Item 10)

10 Award of Contract – Insurance Services pdf icon PDF 137 KB

This report requests authority to award contracts as required by Contract Standing Order 88. It summarises the process undertaken in tendering this contract and following the completion of the evaluation of the tenders, recommends to whom the contract should be awarded.

Additional documents:

  • 10a. EXEMPT - Cabinet Report - Insurance - Appendix 1 , View reasons restricted (10/2)
  • 10b. EXEMPT - Cabinet Report - Insurance - Appendix 2 , View reasons restricted (10/3)
  • 10c.EXEMPT - Cabinet Report - Insurance - Appendix 3 , View reasons restricted (10/4)

Decision:

RESOLVED:-

      i.        Cabinet approved the award of contracts for Lots 1,2,3,4 and 5 of the Council’s insurance services contracts to Zurich Municipal for a period of 3 years with an option to extend for a period of 2 years from 1st October 2018.

    ii.        Cabinet approved the award of contract for Lot 6 of the Council insurance services contract to Charles Taylor for a period of 3 years with an option to extend for a period of 2 years from 1st October 2018.

   iii.        Cabinet delegated authority to the Strategic Director of Resources in consultation with the Deputy Leader (as Lead Member for Resources) to award the contract for Leaseholder insurance for a period of 3 years with an option to extend for a period of 2 years from 1 November 2018 for the reasons detailed in the report.

Minutes:

Councillor Margaret McLennan, Deputy Leader introduced the report setting out the background, tendering and evaluation processes in procuring the contract for covering all insurance services provided to the Council. Referencing the report, she stated that it was recommended that Lots 1,2,3,4 & 5 be awarded to Zurich Municipal and Lot 6 to Charles Taylor respectively, each for a period of three years, as per the reasons detailed in the report.

 

Councillor McLennan stated that the overall aim of the contracts was to ensure the provision of an improved and more cost effective services to the Council. In particular, Cabinet’s attention was drawn to the innovative nature of both insurance contracts with an attached potential saving expected to yield over £290k per year.

 

RESOLVED:-

      i.        Cabinet approved the award of contracts for Lots 1,2,3,4 and 5 of the Council’s insurance services contracts to Zurich Municipal for a period of 3 years with an option to extend for a period of 2 years from 1st October 2018.

    ii.        Cabinet approved the award of contract for Lot 6 of the Council insurance services contract to Charles Taylor for a period of 3 years with an option to extend for a period of 2 years from 1st October 2018.

   iii.        Cabinet delegated authority to the Strategic Director of Resources in consultation with the Deputy Leader (as Lead Member for Resources) to award the contract for Leaseholder insurance for a period of 3 years with an option to extend for a period of 2 years from 1 November 2018 for the reasons detailed in the report.


 

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