Award of School Absence Insurance Contract to Sovereign Risk Management Ltd t/a Schools Advisory
Nottingham City Council · Awarded contract
AwardedAward of School Absence Insurance Contract to Sovereign Risk Management Ltd t/a Schools Advisory
Awarded 01 Sep 2019
Awarded01 Sep 2019
Value£1,244,391.00
AgencyNottingham City Council
RegionEast Midlands
CategoryFinance & Insurance
Ended 4y 2mo ago3y term
Awarded 1 Sept 2019Expired 31 Aug 2022
About
Nottingham City Council awarded a contract to Sovereign Risk Management Ltd t/a Schools Advisory for school absence insurance.
The contract, valued at £1,244,391, allows individual schools to enter into agreements with the supplier on the supplier's terms and conditions if they choose to take up the insurance.
Schools are under no obligation to participate, and the letter of appointment was awarded to one supplier.
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Other similar contracts12
Contract and supplierAwarded value
Provision of Staff Absence Insurance for Nottingham City Schools and AcademiesFinance & InsuranceSOVEREIGN RISK MANAGEMENT LIMITED
$1,229,675.5
Award of Staff Absence Insurance for Schools and Academies by Nottingham City CouncilFinance & InsuranceSchools Advisory Service
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Provision of Staff Absence Insurance to Nottingham City Council Schools and AcademiesFinance & InsuranceSchools Advisory Service
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Staff Absence Insurance for Bishop Konstant Catholic Academy Trust SchoolsFinance & InsuranceSchools Advisory Service
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Provision of Group Personal Accident, Travel, and School Journey Insurance to Moray CouncilFinance & InsuranceRisk Management Partners
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Award of School Absence Insurance Contract to Sovereign Risk Management Ltd t/a Schools Advisory
Won by Sovereign Risk Management Ltd t/a Schools Advisory · Nottingham City Council
£1.2Mawarded
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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
Most likely bidderFacilities firm
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