Decision
URL: https://sandwell.moderngov.co.uk/ieDecisionDetails.aspx?ID=1102
Decision Maker: Cabinet
Outcome:
Is Key Decision?: Yes
Is Callable In?: Yes
Purpose: Procurement of the main programme of joint insurance for Sandwell MBC and Sandwell Children's Trust Ltd
Content: Resolved:- (1)that delegated authority is given to the Executive Director for Finance and Transformation to award Long Term Agreements for joint insurance programme and policies (as noted below) required for a period of three years with an option to extend for a further two years, in line with the insurance industry norm for Long Term Agreements. Policy Property Motor Liability/ casualty Crime/ fidelity guarantee Computer Travel School journeys Medical practice Terrorism Directors and Officers (SCT only) Hired in plant (2)that approval is given for an exemption under rule 8.10 of the Procurement and Contract Procedure Rules 2024 (or subsequent amendments) to allow Long Term Agreements to be awarded to the successful tenderer(s) in the event that the required minimum number of tenders are not received for each lot. (3)that approval is given for any variations to the Long Term Agreements up to a maximum of 10% of each of the Contract/ Long Term Agreement values, should they be necessitated.
Date of Decision: July 30, 2025