To consider the report of the Director of Resources, (copy enclosed).
The Committee considered the report of the Director of Resources seeking agreement of the Council to commence the tender process for the Council’s insurance tender. It was noted that the current Long-Term Agreement (LTA) was due to end on 30 September 2021 and new contract would need to be in place to start on 1 October 2021.
In order to seek best value for money the Council’s insurance tender should be tendered in lots and the details of these were set out in the report along with a draft timetable for the tender process. Members were advised that a broker had been engaged to facilitate the tender process to ensure that the Council could obtain the most competitive premium rates and ensure that cover was in place by 1 October 2021.
The Chairman put the recommendations as set out in the report and this was duly seconded.
Councillor Mrs P A Channer disclosed a non-pecuniary interest in this item of business as she had dealings with the Broker employed by the Council.
The Chairman moved the recommendations and these were duly agreed, by assent.
(i) that the tender process to ensure the Council has compliant insurance contracts in place by 1 October 2021 be commenced;
(ii) that the insurance contract tender process be put in place for five years with an option to extend the process for a further two years Long Term Agreement.