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Award of Contract for the Provision of Broker and Risk Funding Review Service

Peterborough City Council

This public procurement record has 1 release in its history.

Award

03 Dec 2018 at 09:07

Award Notice
Summary of the contracting process

Peterborough City Council has successfully completed the award of a contract for the Provision of Broker and Risk Funding Review Service, valued at £11,500. This service falls under the category of insurance brokerage services and is aimed at providing annual general assistance and actuarial reviews in compliance with Financial Conduct Authority regulations. The procurement process employed an open method, concluding the tender period on 10th October 2018. The contract commenced on 1st November 2018 and is set to run until 31st October 2025, with the award notice published on 3rd December 2018.

This contract presents significant growth opportunities for businesses operating within the insurance and risk management sector. Companies that specialise in actuarial services, compliance consulting, and insurance brokerage are particularly well-suited to compete for similar tenders. By leveraging this award, businesses can enhance their portfolio and establish partnerships with local government entities, thereby expanding their market reach and expertise in the public sector.

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Notice Information

Notice Title

Award of Contract for the Provision of Broker and Risk Funding Review Service

Notice Description

Provision of annual general assistance, actuarial reviews and tender expertise in fill compliance with the Financial Conduct Authority Regulations and in accordance with European Community and Public Contract regulations.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-102048d1-b032-4bce-9c73-d6576ddd38e1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c993509f-1cd0-48f1-8b0e-8d0b7cd65296
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Not specified
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

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£11,500 Under £100K
Lots Value
Not specified
Awards Value
£11,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Dec 20187 years ago
Submission Deadline
10 Oct 2018Expired
Future Notice Date
Not specified
Award Date
30 Nov 20187 years ago
Contract Period
1 Nov 2018 - 31 Oct 2025 Over 5 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
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
Postcode Area
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
Not specified
Local Authority
Peterborough
Electoral Ward
Fletton and Stanground
Westminster Constituency
North West Cambridgeshire

Supplier Information

Number of Suppliers
1
Supplier Name

JLT Specialty Ltd

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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