Tender for Council Insurances
May 10, 2023 Mayor and Cabinet (Other) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
Mayor and Cabinet authorised officers to run a procurement for council insurances expiring on 30 November 2023. Recommendations were approved on 10/05/2023, with new policies for three years, extendable for two, at an estimated cost of £14.2m. Authority was delegated to the Executive Director for Corporate Services to select preferred providers and agree the final contract form.
Full council record
Decision
It was MOVED, SECONDED and RESOLVED that Mayor and Cabinet:
· Authorise officers to run a procurement for all of the Council’s insurances that are due to expire on 30 November 2023, in accordance with the timeline of engagement and decision-making set out in the report. The new insurance policies would be for a period of three years, with an option to extend for a further two years at a total estimated cost of £14.2m including insurance premium tax over the full 5-year period.
· Approve the award of contracts to the preferred providers, provided the contract values were within authorised limits.
· Delegate authority to the Executive Director for Corporate Services (in consultation with the Director of Law, Governance and Elections and the Group Manager, Insurance and Risk) to select the preferred providers in accordance with the selection criteria published in the tender documentation and agree final form of contract.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 10 May 2023 |