Insurance - Contract Award

July 9, 2025 Interim Director of Finance (S151) (Officer) Key decision Approved View on council website

This 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

...to award insurance contracts to Aspen for Lot 3 (SHDC Property), Zurich Municipal for Lots 4 (SHDC Motor), 7 (Casualty ALL), 8 (PA/Travel ALL), and 9 (Fidelity Guarantee ALL), and Ashdale Engineering for Lot 11 (Inspections ALL), following a competitive tender process, for a 3-year term with a potential 2-year extension, at an estimated annual value of £417,827.72, resulting in anticipated annual savings of £42,000.

Full council record

Purpose

To award the contracts for insurance following
a competitive tender process

Decision

To award contracts to the
suppliers as detailed within the summary following an open tender
procurement process.

Reasons for the decision

To ensure that the Council has
insurance in place from August 2025 onwards.
 

Alternative options considered

Do Nothing – this is not
possible as this would result in the Council having no insurance in
place.
 

Supporting Documents

Insurance - Contract Award.pdf

Details

OutcomeRecommendations Approved
Decision date9 Jul 2025