Issue - meetings

This report informs Members of the award of contracts for the provision of Insurance services by the Director Of Finance & Corporate Services, which were set out within 4 lots, as required by Contract Standing Order 88.  This report summarises the procurement process undertaken by officers to procure suppliers for the provision of  services and, following completion of the evaluation of tenders, to whom the contract was awarded.

(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.

This report informed members of the award of contracts for the provision of Insurance services by the Director of Finance and Corporate Services, which were set out within four lots, as required by Contract Standing Order 88. The report summarised the procurement process undertaken by officers to procure suppliers for the provision of services and, following completion of the evaluation of tenders, to whom the contract was awarded.

The Executive also had before them an appendix to the report which was not for publication as it contained the following category of exempt information as specified in Schedule 12 of the Local Government (Access to Information Act) 1972: 

Information relating to the financial or business affairs of any particular person (including the authority holding that information).

RESOLVED:-

(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.