Award

GSS24367 - Insurance Broker

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

20 Mar 2025 at 17:15

Summary of the contracting process

UK Shared Business Services Limited has concluded the procurement process for a tender titled "GSS24367 - Insurance Broker" within the Financial and Insurance Services category. The contract has been awarded to Marsh Limited, headquartered in London, for a total of £47,760 GBP. This selective procurement was a direct award via the CCS RM6323 Insurance & Related Services 4 framework agreement. Key dates include the end of the tender period on 24th February 2025, the award date on 25th February 2025, and the contract period from 1st March 2025 to 28th February 2026. The project will be executed in the United Kingdom.

This tender can offer significant business growth opportunities for large-scale insurance brokers, particularly those specialising in financial and insurance services. Being part of a framework agreement enables regular and structured opportunities to engage in similar contracts. Given the selective procurement method, businesses well-versed in UK public sector frameworks have a competitive edge. Moreover, the specified suitability for SMEs suggests a favourable environment for smaller enterprises to secure future contracts within this industry category.

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Notice Title

GSS24367 - Insurance Broker

Notice Description

***Please note this is an award notice, not a call for competition*** UK Research and Innovation have a requirement for an Insurance Broker. This has been sourced via direct award against CCS RM6323 Insurance & Related Services 4.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0db7cd40-b11a-4bb4-8b45-74ef9e0c011f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ff0d1382-12ef-4b80-ad03-08464e5ceb37
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£47,760 Under £100K
Lots Value
Not specified
Awards Value
£47,760 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Mar 202511 months ago
Submission Deadline
24 Feb 2025Expired
Future Notice Date
Not specified
Award Date
25 Feb 202512 months ago
Contract Period
1 Mar 2025 - 28 Feb 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UK SHARED BUSINESS SERVICES LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

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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