This public procurement record has 1 release in its history.

Award

30 Jul 2026 at 16:24

Summary of the contracting process

Preston College procured insurance and associated services from an insurance provider. The requirement covers insurance services (CPV 66510000) for the college, with delivery based at its St Vincent’s Road site in Fulwood, Preston, and potentially covering risks or activities in the United Kingdom, Europe, the Isle of Man, the Channel Islands, British Overseas Territories and the rest of the world. This is a service contract rather than a supply or construction opportunity. The buying organisation is Preston College. The requirement is relevant to insurers, insurance brokers and providers able to arrange and administer suitable education-sector insurance cover across the stated geographical scope, including providers supporting a further-education college and its operational activities.

This procurement is complete and has been awarded following an open procedure. Bids had to be submitted by 23 April 2026 at 1pm. Arthur J. Gallagher Insurance Brokers Ltd was awarded the contract on 30 July 2026 for £465,776.75 including the published currency of GBP. The contract runs from 1 August 2026 to 31 July 2029, with the original requirement describing a two-year term and possible extensions of two further 12-month periods. Preston College is the buyer. The procurement was identified as suitable for small and medium-sized enterprises. The award is active, and the published contract period matches the awarded period. The available outcome information identifies one awarded supplier.

This award demonstrates established demand from Preston College for a substantial, multi-year insurance and associated-services arrangement. A future competitor would need to provide credible insurance brokerage or underwriting capability for an education-sector client, with the capacity to manage a broad portfolio of risks and coordinate cover across UK and international locations. Relevant suppliers should be able to deliver reliable policy administration, renewals, claims support, risk advice and day-to-day account management at institutional scale. The opportunity is particularly relevant to brokers and insurers experienced in public-sector or further-education accounts, able to maintain service continuity over a long contract and support possible extensions. Smaller firms may also be well placed, since the procurement was expressly identified as suitable for SMEs.

How relevant is this notice?

Notice Information

Notice Title

CA17380 - MN/CPC/02/2024: Insurance and Associated Services

Notice Description

Preston College seeks to appoint an insurance provider for a 2 year period, with possible extensions of 2 x 12 months. To access this competition: Registered: Login to https://suppliers.multiquote.com and view the opportunity CA17380. Not registered: Visit https://suppliers.multiquote.com then register and quote CA17380 as the reason for registration. Any queries please contact MultiQuote on 020 3920 8054.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-117b2b13-59f5-489d-9de9-429fcda2dd16
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/26e7484c-a450-4481-af0e-d0256f49fd51
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
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£465,776 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Jul 20262 months ago
Contract Period
1 Aug 2026 - 31 Jul 2029 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
Preston College
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PRESTON
Postcode
PR2 9UR
Postcode Area
Preston
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD45 Mid Lancashire
Delivery Location
Not specified

Local Authority
Preston
Electoral Ward
City Centre
Westminster Constituency
Preston

Supplier Information

Number of Suppliers
1
Supplier Name

Arthur J. Gallagher Insurance Brokers Ltd

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...