Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To agree the procurement plan for the
re-tender of liability insurance provider and claims handling
I. the procurement Plan for the tender of the liability insurance policies utilising the YPO Insurance Placement Framework is approved.
II. the delegation of the award of the contract(s) to the Director of Finance subject to the new contracts being within budget is approved.
To enable the Council to procure new insurance policies for liability insurance.
I. The use of a one stage ‘Open Procedure’ under OJEU was considered, however a number of insurers have not responded to tenders where there are additional contract terms in place. This would limit the competition and result in a lower level of response that through a framework agreement.
II. No suitable mutual insurance arrangements were identified.
Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;
Wards Affected: (All Wards);
Financial Impact: Current conditions in the insurance market mean that premium prices are uncertain. The impact will be minimised by seeking alternative prices based on higher levels of deductible.
Subject to Urgent Proceedings: No
Making Representations: In writing to the Director: Finance.
Other reasons / organisations consulted
Contact: Helen Rogers, Insurance Officer Email: email@example.com Tel: 01344 352094.
Publication date: 22/10/2019
Date of decision: 22/10/2019
Effective from: 30/10/2019