Insurance Services · UK public procurement notice

Services

Awarded value£1,141,248published contract · exc. VAT

Awarded 28 Apr 2025

Awarded to Zurich Municipal

What is being bought

Published requirement description

No description was published on the notice. See the official documents.

CPV: Insurance services · Property insurance services

single lot · no lot value published

Lot #1Property Insurance

Property Insurance Services

Delivery: West Midlands · Staffordshire

From the official record

Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Competitive procedure
GPA / WTO covered: Unspecified in notice
Recurring procurement: Unspecified in notice
First published: 29 Apr 2025, 08:51 BST
Last source update: 29 Apr 2025, 08:51 BST
Authority reference: IA2007
FTS notice number: 2025/S 000-017464
Classification (CPV): Insurance servicesProperty insurance services
Delivery area: West Midlands (UKG2)
Official registry OCID: ocds-h6vhtk-0508c6 Find a Tender

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £1,141,2481 contract exc. VAT

Contracts signed 1latest 28 Apr 2025

Awarded to	Value	Date	Status
Zurich Municipal	£1,141,248 †	—	Awarded

Contracts

Property Insurance · Zurich Municipal
Signed
28 Apr 2025
Value
£1,141,248
Period
1 May 2025 – 30 Apr 2026
Status
active
- Change 12 month extension and £350,000 additional spend for the period, Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee: We identified that a reinstatement cost review had not been carried out for a number of years, which has led to a lack of assurance in our insured sums and resulted in special terms being imposed by our insurers in 2024. We have had the reinstatement cost assessment health check back and our stock is on average under insured by 25%, it also identified that a number of properties were over insured, which means we now have to revisit and amend all of the reinstatement costs which is not possible in the time frame available before the current contract expires

Contracting authorityLocal Council 1 Staffordshire Place, Tipping Street,, Stafford, West Midlands, ST162DHContact name, email

1 commercial party on the notice

Zurich MunicipalAwarded supplierGB-COH: 02741053 Fareham, South East, PO15 7JZ

Official links; attachments are not copied

No document links were published on the notice.