To waive the request for waiver for: Property Risk Assessment and Insurance Advice and award the contract to: Abingdon Risk Consulting

To undertake a risk analysis of the Council’s insurance coverage, provide a property risk assessment report to support our insurance renewal / tender process and to provide additional external advice and support in relation to the Insurance tender options


I can confirm that, despite non-compliance with the requirements of paragraph 12.1 of the Contract Procedure Rules the award of this contract to the above supplier will be best value for the Council for the following reason(s):
The initial scope of the project was to review the Councils insurance cover and to provide recommendations, whilst undertaking a risk assessment of our property portfolio with a report to provide potential underwriters. The original project was well below the procurement threshold. However, during this project our existing property underwriter made significant changes to our insurance cover which meant that further advice was required and as a result additional options had to be considered as part of the tender process. The cost of the consultancy has now reached £10k excluding VAT. However, this advice and knowledge of the insurance industry has been important in supporting our decision making process. The insurance tender is due to close tomorrow and whilst on-going support will be reduced, having that continuity of advice remains and it was felt the reasoning should be outlined in a RFW to ensure transparency

It is not appropriate in the circumstances for quotes to be obtained from more than one supplier