Issue - meetings

This report seeks approval to invite tenders in relation to procurement of the Councils Insurance Service contracts.

Cabinet RESOLVED:

(1)                    To approve inviting tenders for Insurance Services on the basis of the pre-tender considerations set out in paragraph 3.4 of the report.

(2)                    To approve officers evaluating the tenders referred to in (1) above on the basis of the evaluation criteria set out in paragraph 3.4(vi) of the report.

(3)                    To delegate authority to the Corporate Director of Finance & Resources, in consultation with the Cabinet Member for Finance, Resources & Reform, to award the contract for Insurance Services for a term of three years with the option to extend for a further two years.

Councillor Mili Patel (Deputy Leader and Cabinet Member for Finance, Resources & Reform) introduced a report setting out the proposed arrangements for provision of the Councils Insurance Service contracts.

In presenting the report, Councillor Mili Patel advised that the contract had last been tendered in 2018, with the current arrangements due to expire in September 2023.  In noting the main risk classes covered under the current insurance cover, as detailed in section 3.1 of the report, members were advised that the insurance requirements would remain the same except for First Wave Housing, which was due to be removed from the main insurance programme and have a standalone policy similar to the existing arrangements for i4B.

Having noted the report and with no further comments, Cabinet RESOLVED:

(1)            To approve inviting tenders for Insurance Services on the basis of the pre-tender considerations set out in paragraph 3.4 of the report.

(2)            To approve officers evaluating the tenders referred to in (1) above on the basis of the evaluation criteria set out in paragraph 3.4(vi) of the report.

(3)      To delegate authority to the Corporate Director of Finance & Resources, in consultation with the Cabinet Member for Finance, Resource & Reform, to award the contract for Insurance Services for a term of three years with the option to extend for a further two years.