Award of Property Insurance Contract to Protector Forsikring ASA
capitalEsourcing · Awarded contract
AwardedAward of Property Insurance Contract to Protector Forsikring ASA
Awarded 31 Mar 2024
Awarded31 Mar 2024
Value£3,310,440.00
SupplierProtector Forsikring ASA
AgencycapitalEsourcing
RegionUnited Kingdom
CategoryFinance & Insurance
Expires in 2y 5mo5y term, 52% elapsed
Awarded 31 Mar 2024Expires 1 Apr 2029
About
capitalEsourcing awarded a contract to Protector Forsikring ASA for the delivery of Property insurance under the Insurance Tender - Property Lot 1 Awards 2024-2029.
The contract, valued at £3,310,440, was established for an initial duration of five years.
The tender was conducted using the Open procedure via the Council's capitalEsourcing portal, with the Contract Notice published on 19 January 2024 and closed on 19 February 2024.
Premiums are subject to annual index linking to reflect inflation, ensuring adequate coverage of the Council's assets, and may be adjusted based on the claims loss ratio.
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Award of Property Insurance Contract to Protector Forsikring ASA
Won by Protector Forsikring ASA · capitalEsourcing
£3.3Mawarded
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Corporate Insurance Cover for Local Space Limited – Property Stock & Combined Liability (starting 9 February 2027)Finance & Insurance · Closes 13 Nov 2026
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Key requirementsFrom 12 documents
Who can bidRegistered commercial cleaners
Mandatory criteriaPolice checks for staff on site
How it is scoredPrice 40%, experience 35%, method 25%
Insurance£20M public liability
Key datesSite visit 14 Oct, closes 28 Oct
Est. value£1.2M – £1.8M
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