Award

Framework Agreement for the Provision of Insurance Broking Services

THE BRITISH BROADCASTING CORPORATION (BBC)

This public procurement record has 2 releases in its history.

Award

28 Oct 2019 at 14:22

Tender

26 Jul 2019 at 11:48

Summary of the contracting process

The British Broadcasting Corporation (BBC) is seeking insurance broking services through a Framework Agreement, with the estimated annual value ranging from £120,000 to £150,000. This contract is available for a maximum duration of four years, and the procurement process follows an open procedure above threshold. The tender process is currently complete, with the contract awarded on 24th September 2019. The contract period commenced on 9th September 2019 and will run until 8th September 2023. This opportunity is relevant to businesses operating in the insurance services industry across locations including the United Kingdom and other territories.

This tender presents significant opportunities for businesses in the insurance broking sector to expand their services. Small and medium enterprises (SMEs) should particularly consider competing for this contract, given the encourage­ment of supplier diversity. Companies that specialise in insurance broking, risk management, and related administrative services will find this tender especially appealing. The framework will enable successful bidders to engage with the BBC, enhancing their visibility and reputation in the market while contributing to a major public broadcaster's operations.

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Notice Title

Framework Agreement for the Provision of Insurance Broking Services

Notice Description

Framework agreement for the provision of insurance broking services. This is a re-tender of the insurance broking framework agreement to provide insurance broking and related risk management services including strategic planning, account management and administrative services covering property, liability, motor, professional lines, production insurance and personal accident insurance. The maximum framework duration is up to 4 years and the framework value per annum is estimated at 120 000 GBP - 150 000 GBP per annum.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2278e4d9-33eb-45c4-a2f5-d4bbbcada689
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c1434ddb-3081-4471-b3e5-6cd37d5c754d
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 (above threshold)
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
Not specified
Awards Value
£600,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Oct 20196 years ago
Submission Deadline
23 Aug 2019Expired
Future Notice Date
Not specified
Award Date
23 Sep 20196 years ago
Contract Period
8 Sep 2019 - 8 Sep 2023 4-5 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
THE BRITISH BROADCASTING CORPORATION (BBC)
Contact Name
Not specified
Contact Email
kevin.waters@bbc.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
W1A 1AA
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
West End
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
6
Supplier Names

ARTHUR J. GALLAGHER INSURANCE BROKERS

INTEGRO INSURANCE BROKERS

JELF INSURANCE BROKERS

MARSH

TOWERGATE UNDERWRITING GROUP

WILLIS

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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