Award

CPU 7159 Provision of insurances

NOTTINGHAM CITY COUNCIL

This public procurement record has 1 release in its history.

Award

23 Aug 2024 at 11:08

Award Notice
Summary of the contracting process

The public procurement contracting process for the provision of insurances by Nottingham City Council has reached the Award stage. This procurement, classified under Insurance services (CPV code 66510000), involves the direct award method. The contract, valued at £1,735,396 GBP, covers an industry category of services and is set to begin on 1st April 2024, ending on 31st March 2025. It will be fulfilled in England, United Kingdom. Key dates include the end of the tender period on 3rd March 2024 and the award publication on 23rd August 2024.

This tender presents substantial business opportunities, particularly for large-scale insurance providers, though it is not specifically suitable for SMEs or VCSEs. The direct award to Zurich Insurance indicates a streamlined process, enabling quick initiation and fulfilment. Businesses operating in the insurance sector can benefit from understanding such procurement contracts to better compete in future tenders requiring similar provisions and services.

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Notice Information

Notice Title

CPU 7159 Provision of insurances

Notice Description

Provision of insurances

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-066c99f7-9604-4f58-974d-eea52c5fe41c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fcf7f331-c111-4384-92e2-529841bcc596
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£1,735,396 £1M-£10M
Lots Value
Not specified
Awards Value
£1,735,396 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
23 Aug 20241 years ago
Submission Deadline
3 Mar 2024Expired
Future Notice Date
Not specified
Award Date
18 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2025 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NOTTINGHAM CITY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NOTTINGHAM
Postcode
NG2 3NG
Post Town
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Nottingham
Electoral Ward
Castle
Westminster Constituency
Nottingham East

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH INSURANCE

Further Information

Notice Documents

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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