Decision details

Casualty Insurance Procurement Plan

Decision Maker: Executive Member for Transformation & Finance

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

That the Executive Member approves the Procurement Plan (which includes confidential information) for the procurement of Casualty Insurance Services

Decision:

That the Executive Member approves the Procurement Plan (which includes confidential information) for the procurement of Casualty Insurance Services.

Reasons for the decision:

It is the requirement of the Contract Standing Orders that the Executive member approves the Procurement Plan with a value in excess of £400,000.  The current spend for casualty insurance and claims handling is in excess of this, and whether future savings can be made will be dependant on this outcome of this procurement exercise.

Alternative options considered:

The evaluation team intends to ensure value for money by carrying out a full tendering process using an ‘Open Procedure’. 

The use of a two stage ‘Restricted Procedure’ was considered, however it was felt that due to limited interest in the market, this would slow down the procurement process and cause un-necessary administrative burden on the evaluation team and suppliers.

No suitable existing frameworks were identified.

 

Interests and Nature of Interests Declared:

None

Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;

Wards Affected: (All Wards);

Financial Impact: Dependent on the state of the insurance market.

Declarations: None

Subject to Urgent Proceedings: No

Making Representations: In writing to the Director of Corporate Services.

Other reasons / organisations consulted

Circulation to Service Efficiency Group

Consultees

Service Efficiency Group

Contact: Alan Nash, Borough Treasurer Email: alan.nash@bracknell-forest.gov.uk Tel: 01344 352179.

Publication date: 20/11/2014

Date of decision: 20/11/2014

Effective from: 28/11/2014

Accompanying Documents: