Scope
Reference
C382628
Description
Provision of an insurance policy that will cover property and associated covers as required suitable for a property owner. This shall include cover for building, rent, property owners liability and engineering inspection and insurance for the whole portfolio.
This contracted is being managed by Marsh McLennan and NHS Commercial Solutions on behalf of Spelthorne Borough Council.
Contract 1. Insurance for Spelthorne Borough Council Investment Portfolio
Supplier
Contract value
- £808,216 excluding VAT
- £969,859.20 including VAT
Above the relevant threshold
Award decision date
8 September 2025
Date assessment summaries were sent to tenderers
9 September 2025
Standstill period
- End: 22 September 2025
- 8 working days
Earliest date the contract will be signed
25 September 2025
Contract dates (estimated)
- 26 September 2025 to 25 September 2026
- Possible extension to 25 September 2027
- 2 years
Description of possible extension:
Extensions are permissible provided than the total contract length in no longer than three (3) years in total.
Main procurement category
Services
CPV classifications
- 66515200 - Property insurance services
Information about tenders
- 5 tenders received
- 5 tenders assessed in the final stage:
- 0 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 4 suppliers unsuccessful (details included for contracts over £5 million)
Procedure
Procedure type
Open procedure
Supplier
ZURICH INSURANCE COMPANY LTD
- Public Procurement Organisation Number: PQWR-3824-ZVZH
The Zurich Centre, 3000 Parkway, Whiteley
Fareham
PO15 7JZ
United Kingdom
Email: zcrquotes@uk.zurich.com
Region: UKJ36 - Central Hampshire
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Associated people/organisations:
N/A
Contract 1. Insurance for Spelthorne Borough Council Investment Portfolio
Contracting authority
Surrey & Boarders Partnership NHS on behalf of NHS Commercial Solutions
- Public Procurement Organisation Number: PLDZ-3358-YMVH
The Atrium, Curtis Road
Dorking
RH4 1XA
United Kingdom
Region: UKJ26 - East Surrey
Organisation type: Public authority - central government