Contract

Staffordshire Pension Fund Insurance

  • Staffordshire County Council

F03: Contract award notice

Notice identifier: 2024/S 000-031104

Procurement identifier (OCID): ocds-h6vhtk-048609

Published 30 September 2024, 9:08am



Section one: Contracting authority

one.1) Name and addresses

Staffordshire County Council

Tipping Street

STAFFORD

ST162DH

Contact

Laura Kendall

Email

laura.kendall@staffordshire.gov.uk

Telephone

+44 1785854657

Country

United Kingdom

Region code

UKG2 - Shropshire and Staffordshire

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

www.staffordshire.gov.uk

Buyer's address

https://supplierlive.proactisp2p.com/Account/Login#

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Staffordshire Pension Fund Insurance

Reference number

IA3394

two.1.2) Main CPV code

  • 66515200 - Property insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

Contract for the provision of Property Owners Combined and Terrorism excluding Broker Services.

Staffordshire County Council is the Administering Authority for the Staffordshire Pension Fund ('the Fund'). The Fund has a total membership of 119,000, consisting of around 34,000 active members, 42,000 retired pensioners and dependants, and 43,000 deferred

members. As of 31 March 2024, the assets of the Fund were in excess of £7.5 billion

This incorporates the Material Damage including Loss of Rent and Property Owners Liability

▪ Material Damage

- Commercial & Industrial Properties

- Loss of Rent

Property Owners Liability

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £3,700,000

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKG2 - Shropshire and Staffordshire

two.2.4) Description of the procurement

Contract for the provision of Property Owners Combined and Terrorism excluding Broker Services.

Staffordshire County Council is the Administering Authority for the Staffordshire Pension Fund ('the Fund'). The Fund has a total membership of 119,000, consisting of around 34,000 active members, 42,000 retired pensioners and dependants, and 43,000 deferred

members. As of 31 March 2024, the assets of the Fund were in excess of £7.5 billion

This incorporates the Material Damage including Loss of Rent and Property Owners Liability

▪ Material Damage

- Commercial & Industrial Properties

- Loss of Rent

Property Owners Liability

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 50

Price - Weighting: 50

two.2.11) Information about options

Options: Yes

Description of options

The Contracting Authority is looking for Tender responses based upon a Long Term Agreement of 3 years with an option to extend for a further 2 years


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2024/S 000-023820


Section five. Award of contract

Contract No

IA3394

Title

Staffordshire Pension Fund Insuarnce

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

30 September 2024

five.2.2) Information about tenders

Number of tenders received: 1

Number of tenders received by electronic means: 1

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Zurich Municipal

Swindon

Country

United Kingdom

NUTS code
  • UKH2 - Bedfordshire and Hertfordshire
Companies House

09997646

The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Initial estimated total value of the contract/lot: £3,700,000

Total value of the contract/lot: £3,700,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

Staffordshire County Council

Stafford

Country

United Kingdom