Places for People Group Insurance
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
Places for People Group Limited is seeking suitably qualified and experienced insurance brokers and direct insurers to provide comprehensive insurance cover, brokerage services, professional advice, claims management, and loss control services. The contract is divided into 11 distinct lots covering various risk areas, including property and legal liability, motor fleet, engineering, terrorism, directors and officers, professional indemnity, fidelity and crime, environmental liability, contract works, and alternative risk financing. The estimated value for Lot 1 is 88.1 million GBP, Lot 2 is 13.3 million GBP, and Lot 3 is 1.6 million GBP, all including VAT. The contract is scheduled to commence on April 1, 2027, for an initial term of three to five years, with an option to extend for up to two additional years at the sole discretion of the organization. Procurement will follow the Competitive Flexible Procedure under the Procurement Act 2023, with awards based on the Most Economically Advantageous Tender. Evaluation for all lots is weighted at 70 percent for quality and 30 percent for price. Interested bidders must submit a fully completed Pre-Qualification Questionnaire by October 30, 2026, demonstrating the necessary financial standing, capacity, and experience to perform the services.
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