Motor vehicle insurance services

Tender description

Places for People are looking to procure a motor insurance solution for its light commercial and company car fleet. The current provision incorporates the requirements of the Places for People Group for its homes, RMG (Residential Management Group) and touchstone businesses, although it wishes to have a framework in place so that this can be called off to other parts of the group /acquisitions as and when required during the term of the contract. The initial arrangement will be for a 2 years period with options to extend for 2 years total on a 1 + 1 basis. This internal framework will be awarded to 2 providers with the initial call-off being required for the inception of coverage on the 1.4.2018. Places for People are looking to procure a motor insurance solution for its light commercial and company car fleet. The current provision incorporates the requirements of the Places for People Group for its homes, RMG (Residential Management Group) and Touchstone businesses, although it wishes to have a framework in place so that this can be called off to other parts of the group /acquisitions as and when required during the term of the contract. This internal framework will be awarded to 2 providers with the initial call-off being required for the inception of coverage on the 1.4.2018. This procurement and all subsequent call-offs will automatically be placed with the 1st placed provider, however, a 2nd-place provider will also be selected in accordance with the evaluation criteria. The 2nd place provider will only be used in the event of a service & /or financial failure of the successful bidder post award and for the remainder of the term. The call-off agreements in respect of the 1st and 2nd place bidders are as per Appendix H. Bidders will be asked to sign these documents on award. For the purpose of this procurement, The risk factor limited will act as framework manager and in the capacity of the agents for any insurers who cannot deal directly with any insured. Places for People Group or any of its subsidiary companies may appoint their own broker subsequent to the framework award to manage its motor insurance requirements. In this case, a letter of authority will be required and that appointed broker will replace the authority of the framework manager for that individual call-off. For further details please see the tender documentation provided in www.housingprocurement.com