GEL INSURANCE

A Contract Award Notice
by GREENER EALING LIMITED

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£8M
Sector
BUSINESS
Published
04 Jun 2025
Delivery
not specified
Deadline
n/a

Related Terms

Location

London

Geochart for 1 buyers and 3 suppliers

1 buyer

1 supplier

Description

Greener Ealing Ltd ("Authority) procured via open procedure under CPR 2015 regs (Contract Procurement Regulation) for annual insurance cover for Computer, Liability, Fidelity Guarantee, Motor Fleet, Engineering Inspection, Group Personal Accident & Travel. Contract, who we have awarded to Zurich Insurance Plc, commencing on 1st July 2025 for the contract term of three years with a further one extension option of a further two years. Indicative contract term value of 7,500,000. Lots 1 and 2, then the best available combination of bids (highest scoring) under Lots 1 and 3 was considered against the highest scoring bid under lot 3, Zurich Insurance LLP was identified as the Most Economically Advantageous Tender as the procurement was undertaken under PCR 2015 for the proposed value of 7,000,0000 to commence in July 2025 for the contract term of three years with an option to extend of 2 years (i.e. 3 + 2 years).

Lot Division

1 Award
Award Criteria
Social Value 5%
Quality 45
price 50%
2 Lot 2
Award Criteria
Quality 45%
Social Value 5%
price 50%
3 Combination of Lot 1 and 3
Award Criteria
Social Value 5%
Quality 45%
price 50%

Award Detail

1 Zurich Insurance (Swindon)
  • Lot 1
  • Reference: 029833-2025-1
  • Value: £7,500,000
2 Zurich Insurance (Swindon)
  • Lot 2
  • Reference: 029833-2025-2
  • Value: £7,500,000
3 Zurich Insurance (Swindon)
  • Lot 3 (Combination of Lot 1 and 2)
  • Reference: 029833-2025-3
  • Value: £7,500,000

CPV Codes

  • 66516400 - General liability insurance services

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

  • ocds-h6vhtk-049d0f
  • FTS 029833-2025

Domains