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Provision of Insurance and related services to Settle Group — Settle Group | UKGovscan
This procurement was divided into 7 lots, each awarded separately.
Lots
7
Combined Lot Value
£3,470,000
Lot
Value
Status
Lot 1
Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Settle Group
Apr 2025 – Mar 2028
£3,000,000
active
Lot 2
Insurance and related services for Motor Fleet risks for Settle Group
Apr 2025 – Mar 2028
£150,000
active
Lot 3
Insurance and related services associated with Engineering plant and Inspections for Settle Group
Apr 2025 – Mar 2028
£50,000
active
Lot 4
Insurance and related services associated with Cyber risks for Settle Group
Apr 2025 – Mar 2028
£75,000
active
Lot 5
Insurance and related services associated with Terrorism risks (Pool-Re) for Settle Group
Apr 2025 – Mar 2028
£75,000
active
Lot 6
Insurance and related services associated with Terrorism risks (Non Pool-Re/Political Violence) for Settle Group
Apr 2025 – Mar 2028
£75,000
active
Lot 7
Insurance and related services associated with Directors' and Officers' Liability for Settle Group
Apr 2025 – Mar 2028
£45,000
active
Key Dates
Published
4 October 2024
Tender Open
-
Tender Deadline
4 November 2024
Award Date
-
Contract Start
-
Contract End
-
Planned term
1 April 2025 – 31 March 2028
Extension option
Settle Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.
Procurement Details
Method
Selective — suppliers are shortlisted first
Method Details
Competitive procedure with negotiation
Route to market
Restricted or negotiated
Main category
Services
Category
Legal expenses insurance services
Delivery location
UK
Contract Term
Between 3 or 5 years from the date of this Notice
Buyer Reference
ocds-h6vhtk-04a5ef
Legal Basis
Public Contracts Regulations 2015 (EU Directive 2014/24)