Brokerage, Provision and Management of Insurance Requirements for the General Lighthouse Authorities (GLA's)
Contract Value:
GBP 8M -
Notice Type:
Contract Notice
Published Date:
16 October 2024
Closing Date:
15 November 2024
Location(s):
IE IRELAND
UK UNITED KINGDOM
UKI LONDON (UK UNITED KINGDOM)
UKM SCOTLAND (UK UNITED KINGDOM)
Description:
Proposals are invited for the brokerage, provision, and management of insurance requirements for the General Lighthouse Authorities in the UK and Ireland, focusing on protection and indemnity and war risk insurance.
Brokerage, Provision and Management of Insurance Requirements for the General Lighthouse Authorities (GLA's). The Corporation of Trinity House on behalf of itself and the other General Lighthouse Authorities (GLAs) of the United Kingdom and The Republic of Ireland invites potential tenderers to submit a proposal for the brokerage, provision and management of insurance requirements for the GLAs between 2025 - 2028, with possible extensions to 2030. This will require the successful tenderer to place, and thereafter manage, the GLAs’ protection and indemnity and war risk insurance requirements, as described in the General Lighthouse Authorities' Register of Major Insurances and Trinity House Non-Marine Insurances from 20th February 2025 and the other insurances as described in the register from 1st April 2025. The General Lighthouse Authorities' Register of Major Insurances and Trinity House Non-Marine Insurances will be included as an annex to the Invitation to Tender. It is anticipated that the tender will result in a fixed price brokerage contract for three years, with an option to extend the contract for a further period of 12 months and a subsequent 12 months thereafter, at the GLAs’ sole discretion.
As detailed in the invitation to tender documentation. Additional information: The full award criteria is available in the ITT, due to word count restrictions, it has been condensed above.