Award

Award of A specialist marine insurance broker until 2021

NORTH TYNESIDE COUNCIL

This public procurement record has 1 release in its history.

Award

03 Jul 2018 at 11:23

Summary of the contracting process

The procurement process involves North Tyneside Council seeking a specialist marine insurance broker until 2021, following the award of a contract valued at £82,500. The procurement falls within the services industry, specifically in insurance services, and was conducted using a single tender method. The contract period commenced on 30th March 2018 and will conclude on 31st March 2021. The notice of the award was published on 3rd July 2018, marking the completion of the tender phase which ended on 23rd March 2018.

This tender presents significant opportunities for small and medium-sized enterprises (SMEs) specialising in marine insurance or related services. Businesses that provide insurance brokerage services with expertise in marine coverage would be particularly well-suited to compete in similar future tenders. As public contracts often arise for specialised services within the insurance realm, this tender illustrates the ongoing demand for such expertise, paving the way for growth in the industry.

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Notice Title

Award of A specialist marine insurance broker until 2021

Notice Description

AWARD ONLY OF:- A specialist marine insurance broker, after securing 5 quotes from Insurance companies using the current insurance criteria for Swans Site.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-10f3443f-fb5c-425a-9872-a0103a2a0003
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/74eb24c9-869e-49a9-b250-5dd529655134
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Single Tender
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£82,500 Under £100K
Lots Value
Not specified
Awards Value
£82,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Jul 20187 years ago
Submission Deadline
23 Mar 2018Expired
Future Notice Date
Not specified
Award Date
23 Mar 20187 years ago
Contract Period
29 Mar 2018 - 31 Mar 2021 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
NORTH TYNESIDE 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
NEWCASTLE-UPON-TYNE
Postcode
NE27 0BY
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
TLC North East (England)

Local Authority
North Tyneside
Electoral Ward
Shiremoor
Westminster Constituency
Cramlington and Killingworth

Supplier Information

Number of Suppliers
1
Supplier Name

CASTLE INSURANCE SERVICES (NE

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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