Issue - meetings

Report of the Director of Governance and Monitoring Officer attached.

Decision made

1. To agree the appointment of the insurance companies identified for the respective classes of insurance from 1 January 2022.

2. To approve the further expenditure to obtain the Motor Trade and Terrorism policies, which will be in the region of £8-£10k.

The Cabinet Member (Finance, Property and Assets) presented a report of the Deputy Chief Executive following member approval to undertake a joint procurement exercise with Chorley Council for the renewal of the insurance covers in place at both Councils under existing Long Term Agreements (LTAs).

The report explained that the procurement exercise had now been undertaken, provided a summary of the detailed tender evaluation results and sought agreement to proceed to award based on the outcome.

Decision made

1.    To agree the appointment of the insurance companies identified for the respective classes of insurance from the 1 January 2022.

2.    To approve the further expenditure to obtain the Motor Trade and Terrorism policies, this will be in the region of £8-£10k.

Reasons for decision

A comprehensive and fair evaluation of the price and quality aspect of all received bids was undertaken, clarification sought where appropriate and the findings provided like for like cover based on existing policies.

It was essential that the Council had quality, cost effective insurance cover in place beyond 31 December 2021 when the current LTA’s lapse.

Alternative options considered and rejected

This exercise involved the use of a procurement framework. Approval had been sought to undertake this approach over a more traditional tendering method in order to ensure that the Council had quality, cost effective insurance cover in place by 1 January 2022.