Award

GB-Sheffield: Director & Officers Liability Insurance

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Award

10 May 2023 at 13:10

Summary of the contracting process

The British Business Bank has awarded a contract for Director & Officers Liability Insurance through a brokerage service provided by AON. The total contract value is £106,400, with the contract starting on April 1, 2023, and ending on March 31, 2024. The procurement stage was completed, and the deadline for the tender process was on March 31, 2023, in Sheffield, United Kingdom, under the services category.

This tender presents opportunities for insurance and brokerage businesses to compete for providing Director & Officers Liability Insurance services. Companies with experience in insurance services and brokerage, especially those capable of handling large-scale projects, would be well-suited to participate. The British Business Bank, as the buying organisation, identified AON as the supplier for this contract, focusing on providing insurance coverage for directors and officers.

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Notice Title

GB-Sheffield: Director & Officers Liability Insurance

Notice Description

Insurance Policy fees for Directors and Officer Liability conducted using a brokerage service through AON

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-206ff916-e9dd-4ad3-a7c2-6b68cbb36206
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9f0e88cf-f42b-4c0f-a723-8c48a4e032a6
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
Not specified
Tender Suitability
VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66500000 - Insurance and pension services

66510000 - Insurance services

Notice Value(s)

Tender Value
£106,400 £100K-£500K
Lots Value
Not specified
Awards Value
£106,400 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
10 May 20232 years ago
Submission Deadline
30 Mar 2023Expired
Future Notice Date
Not specified
Award Date
30 Mar 20232 years ago
Contract Period
31 Mar 2023 - 31 Mar 2024 1-2 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
BRITISH BUSINESS BANK
Contact Name
Procurement
Contact Email
joshua.macgillivray@british-business-bank.co.uk
Contact Phone
01142062134

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2GQ
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
Not specified

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

AON

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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