Issue - meetings

          The Board considered a report of the Operational Director – Finance, which sought approval to commence a procurement process to re-tender the insurance policies that were due to expire. The current contracts were due to expire on 31 March 2024 and based upon current premium levels, the total cost of the services was expected to exceed £1,000,000 over the maximum contract duration of five years.

          The Board noted that prior to the procurement process, a review of the Council’s insurance programme would be completed, and relevant alternatives considered to establish the most appropriate programme for the Council. This would include reviewing components such as extent of cover, levels of self-insurance and indemnity limits.

          It was proposed that the procurement would be undertaken by accessing a framework agreement for insurance services managed by the Yorkshire Purchasing Organisation. The Council’s insurance broker would support the tender evaluation process by completing a comprehensive evaluation of tender submissions on behalf of the Council and make recommendations.

          RESOLVED: That

1)    approval be given to commence a procurement exercise for the following Council insurance policies:

·       Combined Liability

·       Medical Malpractice

·       Engineering and inspection

·       Property

·       Motor

·       Computer

2)    the Operational Director – Finance, in consultation with the Portfolio Holder for Corporate Services, be delegated to deal with any matters relating to the procurement of this contract.