Award

PRF 1535 - Provision of Insurance Services

PETERBOROUGH CITY COUNCIL

This public procurement record has 1 release in its history.

Award

27 Mar 2023 at 08:52

Summary of the contracting process

The Peterborough City Council has successfully awarded a contract for the provision of Insurance Services with a total value of £1,212,355.41. The contract is classified under liability insurance services and covers a variety of insurance types. The procurement method used was an open procedure, with the contract period starting on 1st April 2023 and ending on 31st March 2026.

This tender presents significant business growth opportunities for companies in the insurance services sector, particularly those experienced in liability insurance services. The contract, awarded to Zurich Insurance plc, offers a lucrative revenue stream over the contract period. Businesses looking to expand their services within the insurance industry, specifically liability insurance, are well-suited to compete for this opportunity.

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Notice Title

PRF 1535 - Provision of Insurance Services

Notice Description

Provision of Insurance Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0c50facf-ce39-42c0-a1a8-55c901c5ada8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f127ee3a-eaeb-4ece-839c-bdf8cf4318f7
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66515410 - Financial loss insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

Notice Value(s)

Tender Value
£1,212,355 £1M-£10M
Lots Value
Not specified
Awards Value
£1,212,355 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Mar 20232 years ago
Submission Deadline
3 Feb 2023Expired
Future Notice Date
Not specified
Award Date
26 Mar 20232 years ago
Contract Period
31 Mar 2023 - 31 Mar 2026 3-4 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
PETERBOROUGH 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
PETERBOROUGH
Postcode
PE2 8TY
Post Town
Peterborough
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH41 Peterborough
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
Peterborough
Electoral Ward
Fletton and Stanground
Westminster Constituency
North West Cambridgeshire

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH INSURANCE

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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