Award

School Absence Insurance

NOTTINGHAM CITY COUNCIL

This public procurement record has 1 release in its history.

Award

12 Sep 2019 at 15:04

Summary of the contracting process

Nottingham City Council has completed the procurement process for the tender titled "School Absence Insurance". This tender falls under the category of insurance services and was initiated as an open procedure above threshold. The tender period concluded on 9th August 2019, and the contract was awarded on 1st September 2019, with a contract duration starting from 2nd September 2019 until 1st September 2022. The insurance services will be available to individual schools in the East Midlands, United Kingdom, which may enter into contracts with the successful bidder, Sovereign Risk Management Ltd t/a Schools Advisory, based on their terms and conditions.

This tender represents a significant opportunity for businesses specialising in insurance services, particularly those that can cater to educational institutions. Companies of varying sizes, including small and medium enterprises (SMEs), are encouraged to participate in similar future tenders. Engaging with this market could lead to substantial growth, as schools increasingly seek tailored insurance solutions to manage risk and protect their interests.

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Notice Title

School Absence Insurance

Notice Description

The individual schools will be required to enter into a contract with the successful tenderer on that tenderer's terms and conditions if the school wished to take up the insurance. It will be the individual schools who will enter into any contracts but they are under no obligation to do so. The letter of appointment will be awarded to one supplier.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1564230e-6e0b-423e-862d-ef1ea4616a28
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/63181e3d-36ca-45b8-b1f7-71548616eaab
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 (above threshold)
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
Not specified
Lots Value
Not specified
Awards Value
£1,244,391 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
12 Sep 20196 years ago
Submission Deadline
9 Aug 2019Expired
Future Notice Date
Not specified
Award Date
31 Aug 20196 years ago
Contract Period
1 Sep 2019 - 1 Sep 2022 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
NOTTINGHAM 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
NOTTINGHAM
Postcode
NG2 3NG
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
TLF East Midlands (England)

Local Authority
Nottingham
Electoral Ward
Castle
Westminster Constituency
Nottingham East

Supplier Information

Number of Suppliers
1
Supplier Name

SOVEREIGN RISK MANAGEMENT LTD T/A SCHOOLS ADVISORY

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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