Award

Thames Tideway Tunnel Commercial Insurance Adviser

DEFRA NETWORK ETENDERING PORTAL

This public procurement record has 1 release in its history.

Award

07 Oct 2022 at 16:00

Summary of the contracting process

The buying organization, Defra Network eTendering Portal, has awarded a contract for the Thames Tideway Tunnel Commercial Insurance Adviser. This procurement falls under the services industry category with a total value of £50,000. The procurement method used was selective, calling off from a framework agreement. The tender period ended on 23rd September 2022, and the contract period spans from 1st October 2022 to 30th September 2024.

This tender presents an opportunity for businesses providing insurance brokerage services, especially those experienced in collaborating with government entities like Defra. Small and medium-sized enterprises (SMEs) are deemed suitable for this tender. Businesses should consider the location requirements that include various destinations such as the United Kingdom, Europe, and other regions to compete effectively for this contract.

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Notice Title

Thames Tideway Tunnel Commercial Insurance Adviser

Notice Description

Defra needs commercial insurance advice to support the implementation of its obligations under the Supplemental Compensation Agreement (SCA), particularly if there is a call on the SCA. The insurance adviser will work closely with and report to the Defra TTT project team, government lawyers and the Infrastructure and Projects Authority. The insurance adviser will also be working closely with Defra's loss adjuster and to a lesser extent Defra's other external advisers in relation to the GSP: legal advisers, financial advisers and a technical adviser.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-01cd697b-3982-4eb5-89c7-c5f178d138e3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/924df030-492e-4c8a-a4df-3d2406821310
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Oct 20223 years ago
Submission Deadline
23 Sep 2022Expired
Future Notice Date
Not specified
Award Date
25 Sep 20223 years ago
Contract Period
30 Sep 2022 - 30 Sep 2024 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DEFRA NETWORK ETENDERING PORTAL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 3JR
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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