This report considers the tenders received for the provision of Insurance Services for Fareham Borough Council. The report recommends an award of contract for the services.
The 11 borough and district councils in Hampshire have worked collaboratively to procure insurance services from 1 April 2015 using an OJEU compliant framework open to the public sector.
The cost of insurance across the 11 borough and district councils in Hampshire is around £4m a year and for Fareham Borough Council £455,000.
This report provides the Executive with information regarding the tenders received and seeks an award of contract for a 3 year long term agreement with the option to extend for a further 2 years for the provision of insurance services.
Decision type: Key
Decision status: Recommendations Approved
Notice of proposed decision first published: 19/12/2014
Anticipated restriction: Part exempt - View reasons
Decision due: 2 Feb 2015 by Executive
Lead member: Executive Member for Policy & Resources
Lead director: Director of Finance & Resources
Contact: Caroline Hancock Email: chancock@fareham.gov.uk.
Background Papers: Schedule of Tenders**