Decision

FP2142 Award of Insurance Service Tender

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: April 1, 2025

Purpose:

Content: Decision taken Cabinet approved: 1.      That delegated authority was given to the Executive Director (Finance and Transformation), in consultation with the Executive Member for Finance, to award insurance contracts to the successful bidders for a contract period of five years, under the terms of long-term agreements. 2.      That delegated authority is given to the Executive Director (Finance and Transformation), in consultation with the Executive Member for Finance, to agree subsequent renewal terms on an annual basis under the longterm agreement.   Reason for decision In 2020 the majority of the Council’s insurance policies were tendered for and five-year long-term agreements were entered into. These expire on 23 June 2025 and a mini competition in accordance with the Yorkshire Purchasing Organisation (YPO) framework for insurance services is therefore being undertaken again in forthcoming months to ensure best value.

Supporting Documents

Cabinet April 2025 - Insurance tender.pdf

Related Meeting

Cabinet - Tuesday 1st April 2025 6.30 pm on April 1, 2025