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Issue - decisions

Tender for Council Insurance

10/05/2023 - Tender for Council Insurances

It was MOVED, SECONDED and RESOLVED that Mayor and Cabinet:

 

·       Authorise officers to run a procurement for all of the Council’s insurances that are due to expire on 30 November 2023, in accordance with the timeline of engagement and decision-making set out in the report.  The new insurance policies would be for a period of three years, with an option to extend for a further two years at a total estimated cost of £14.2m including insurance premium tax over the full 5-year period.

 

·       Approve the award of contracts to the preferred providers, provided the contract values were within authorised limits.

 

·       Delegate authority to the Executive Director for Corporate Services (in consultation with the Director of Law, Governance and Elections and the Group Manager, Insurance and Risk) to select the preferred providers in accordance with the selection criteria published in the tender documentation and agree final form of contract.