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REINSURANCE FOR TMF - 4700000002

Contract Award Notice ID 4700000002
Publish Date 18-Aug-2020
Category Financial and Insurance Services
Agency Insurance and Care NSW (icare)
Particulars of the goods or services to be provided under this contract

Reinsurance services for TMF to achieve the Principal's objectives including minimising Government exposures, reduce claims costs and budget impacts and deliver high quality service to employers following an open RFT as per approved procurement strategy

Original Contract Duration 30-Jan-2020 to 29-Jan-2023
Amended Contract Duration 15-Sep-2022 to 29-Jan-2025

Contract Award Notice Details

Contractor Name Guy Carpenter & Company Pty Ltd
ACN 000351299
ABN 95 000 351 299
Is an Aboriginal or Torres Strait Islander owned business No
Street Address One INternational Tower 100 Barangaroo Ave
Town/City Sydney
State/Territory NSW
Postcode 2000
Country AUSTRALIA


Other private sector entities involved in, with an interest in or benefiting from this contract

*** TRI-PARTY AGREEMENT ***

Marsh Pty Ltd

ACN: 004 651 512

ABN: 86 004 651 512

 

Estimated amount payable to the contractor (including GST)

$5,400,000.00 (Goods or services supplied)

Any provisions for payment to the contractor for operational or maintenance services

Not Applicable

Method of Tendering

Open

Description of any provision under which the amount payable to the contractor may be varied

Clause 3 Indexation of fees

 

Description of any provisions under which the contract may be renegotiated

Not Applicable


Summary of the criteria against which the various tenders were assessed

Evaluation Criteria Weighting

Demonstrated experience, capability and value for money

Contract Contains Agency 'PiggyBack' Clause

No


Industrial Relations Details for this Contract
Name of Sub-contractors (incl. ABN & ACN)

Not Applicable

Applicable Industrial Instruments

Not Applicable

Location of Work

Not Applicable

NSW Industrial Relations inspectors routinely audit the employment records of contractors and sub-contractors to all NSW Government contracts. The results of these inspections are published on the NSW Industrial Relations website.

Agency Contact PROCUREMENT