Award

Insurance Brokerage Services Framework

OFFSHORE RENEWABLE ENERGY CATAPULT

This public procurement record has 2 releases in its history.

Award

20 Apr 2022 at 09:32

Award Notice
Tender

26 Nov 2021 at 09:53

Tender Notice
Summary of the contracting process

The Offshore Renewable Energy Catapult is leading a competitive tender for the Insurance Brokerage Services Framework, aimed at providing insurance brokerage and agency services across the Catapult Network and associated entities. The contract, published on 26th November 2021, is divided into three distinct lots, with a total estimated value of £7 million, and will run from 1st March 2022 to 28th February 2026. The open procurement process is currently in the award stage, having completed the tender period which ended on 11th January 2022. The framework is intended for businesses capable of fulfilling the requirements set out for each lot.

This tender presents significant opportunities for businesses engaged in insurance brokerage, particularly those with expertise in catering to the renewable energy sector. Small and medium-sized enterprises (SMEs) are encouraged to participate, as submissions are accepted for any one or combination of lots. Companies specialising in insurance services tailored for innovative sectors such as technology and sustainability will find this a well-suited competitive opportunity to showcase their capabilities and potentially expand their portfolio within the UK market.

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Notice Information

Notice Title

Insurance Brokerage Services Framework

Notice Description

This Invitation To Tender ("ITT") has been issued by the Offshore Renewable Energy Catapult ("The Authority") as collaboration lead on behalf of the Catapult Network, the Active Building Centre Co. Ltd, Agri-Tech Centres, Vaccines Manufacturing & Innovations Centre (UK) Ltd (VMIC), UK Battery Industrialisation Centre (UKBIC), Glass Futures and their Trading Subsidiaries (collectively, the "Buying Authorities") to establish an Insurance Brokerage Services Framework Agreement, as part of a competitive procurement exercise in accordance with the "Open" procedure for tendering under the Public Contracts Regulations 2015 (as amended from time to time). The Authority has undertaken an assessment of the ongoing requirements under this Framework and has deemed it to be suitable for division into the following three (3) lots: * Lot 1 - Offshore Renewable Energy Catapult only (Single Supplier Contract) * Lot 2 - CPI (The Centre for Process Innovation Limited) (Single Supplier Contract) * Lot 3 - All Catapult Centres and Trading Subsidiaries (Single Supplier Framework) Submissions shall be accepted for any one, combination of, or all of the above Lots.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-193b0168-dd45-4ea4-8f4a-7d0321980269
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/54b4a82d-4d6b-4396-8cce-6696f4494fa7
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66518000 - Insurance brokerage and agency services

Notice Value(s)

Tender Value
£7,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£7,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Apr 20223 years ago
Submission Deadline
11 Jan 2022Expired
Future Notice Date
Not specified
Award Date
19 Apr 20223 years ago
Contract Period
20 Apr 2022 - 20 Apr 2026 4-5 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
OFFSHORE RENEWABLE ENERGY CATAPULT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G1 1RD
Post Town
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
Not specified
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow East

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

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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