Award

NCG170303T - Insurance Services ***AWARD***

NCG CORPORATION

This public procurement record has 1 release in its history.

Award

15 Jan 2018 at 11:34

Award Notice
Summary of the contracting process

The NCG Corporation has completed a public procurement process for insurance services titled "NCG170303T - Insurance Services", which involved inviting bids for its core insurance programme comprising ten different lots, including Property Combined and Cyber insurance. The procurement method was an open procedure, and the contracting period commenced on 1st August 2017 and will conclude on 1st August 2020. This tender process was officially awarded on 29th June 2017, with a total contract value of £2,176,000. The procurement is classified under damage or loss insurance services, with bids received from several suppliers, including ACE European Group Limited and Markel (UK) Limited, among others, with a geographical focus that includes the United Kingdom and various British Overseas Territories.

This tender represents a significant opportunity for businesses operating within the insurance sector, particularly those with expertise in a range of insurance products, including property, liability, and professional indemnity insurance. Suppliers that can offer comprehensive service solutions and demonstrate strong handling of claims management and risk assessment are well-suited to compete for similar future contracts. Additionally, this process highlights the potential for collaboration with large corporations such as NCG Corporation, which can provide valuable networking opportunities for smaller businesses aiming to expand their operations in the government and public sector markets.

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Notice Information

Notice Title

NCG170303T - Insurance Services ***AWARD***

Notice Description

NCG invited bids for its core insurance programme, day to day management and claim handling. This opportunity has been divided into 10 Lots covering all aspects of insured risk.Lot 1 Property Combined Lot 2 Terrorism Lot 3 Combined Liability Lot 4 Motor Fleet Lot 5 Contract Works Lot 6 Professional Indemnity & Directors & Officers Liability Lot 7 Engineering Lot 8 Personal Accident & Travel Lot 9 Cyber Lot 10 Crime

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0d78b329-da23-4e59-958b-1459c467a751
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/086528d9-de31-4bff-a9b4-477f414704c4
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

66512100 - Accident insurance services

66512220 - Medical insurance services

66513000 - Legal insurance and all-risk insurance services

66514100 - Insurance related to Transport

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66517300 - Risk management insurance services

66518300 - Insurance claims adjustment services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
£2,176,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,176,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jan 20188 years ago
Submission Deadline
19 May 2017Expired
Future Notice Date
Not specified
Award Date
28 Jun 20178 years ago
Contract Period
31 Jul 2017 - 1 Aug 2020 3-4 years
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
NCG CORPORATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE4 7SA
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
Not specified
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
3
Supplier Names

ACE EUROPEAN GROUP

MARKEL (UK

ZURICH MUNICIPAL

Further Information

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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