II.1)
Scope of the procurement
Management of Captive Insurance Company Rutherford Indemnity Limited
Reference number:
CTM10066 LH00232
66000000
-
Financial and insurance services
Services
II.1.4)
Short description
To provide captive management services for the NDA Estate and any non-departmental government bodies. The NDA captive, Rutherford Indemnity Limited (“Rutherford”), plays a significant role in how insurable risks are financed. Rutherford is based in Guernsey, and regulated in accordance with GFSC rules and requirements. Rutherford participates in the NDA insurance programme.
II.1.5)
Estimated total value
Value excluding VAT: 350000.00
GBP
II.1.6)
Information about lots
This contract is divided into lots:
no
II.2.2)
Additional CPV code(s)
66000000
-
Financial and insurance services
II.2.3)
Place of performance
NUTS code:
UK -
UNITED KINGDOM
II.2.4)
Description of the procurement
NDA buys an insurance programme from the commercial insurance market.Rutherford participates in the NDA insurance programme underwriting crime, marine radiation, marine cargo, motor, private medical, property damage, public liability, radiation liability, rail freight liability, contractors all risks, nuclear site & marine liability, marine hull, personal accident/travel and group life
Price is not the only award criterion and all criteria are stated only in the procurement documents
Value excluding VAT: 350000.00
GBP
II.2.7)
Duration of the contract, framework agreement or dynamic purchasing system
Duration in months:
36
This contract is subject to renewal:
no
II.2.10)
Information about variants
Variants will be accepted:
no
II.2.11)
Information about options
Options:
no
II.2.13)
Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
no