Award

Ocean Accelerator - Tidal Stream Insurance

THE CROWN ESTATE

This public procurement record has 1 release in its history.

Award

14 Nov 2024 at 18:43

Award Notice
Summary of the contracting process

The Crown Estate has completed the procurement process for the "Ocean Accelerator - Tidal Stream Insurance" project, classified under the industry category of "other services" (CPV 98390000). The procurement process, involving a direct, single tender action below the threshold, reached the award stage on 27th August 2024. This contract, with a value of £55,000, will be executed from 28th August 2024 to 17th January 2025 in the United Kingdom. The buyer, The Crown Estate, is based at 1 St James's Market, London, England.

This tender presents significant business growth opportunities, particularly for companies specialising in insurance services tailored to the tidal stream sector. Large-scale businesses such as ORE CATAPULT DEVELOPMENT SERVICES LIMITED, located in Northumberland, are well-suited to compete in this process due to the contract's specifications and procurement requirements. Engaging in such contracts can enhance a company's portfolio and reputation in the renewable energy insurance market.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Ocean Accelerator - Tidal Stream Insurance

Notice Description

Ocean Accelerator - Tidal Stream Insurance

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2324cc80-3b55-4457-b3f8-4f4e25ba6342
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/77de0609-0c04-438a-9258-de2f6a1682a9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

98 - Other community, social and personal services

CPV Codes

98390000 - Other services

Notice Value(s)

Tender Value
£55,000 Under £100K
Lots Value
Not specified
Awards Value
£55,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Nov 20241 years ago
Submission Deadline
25 Aug 2024Expired
Future Notice Date
Not specified
Award Date
26 Aug 20241 years ago
Contract Period
27 Aug 2024 - 17 Jan 2025 1-6 months
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
THE CROWN ESTATE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1Y 4AH
Post Town
South 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
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ORE CATAPULT DEVELOPMENT SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-2324cc80-3b55-4457-b3f8-4f4e25ba6342-2024-11-14T18:43:41Z",
    "date": "2024-11-14T18:43:41Z",
    "ocid": "ocds-b5fd17-2324cc80-3b55-4457-b3f8-4f4e25ba6342",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "20242734",
        "title": "Ocean Accelerator - Tidal Stream Insurance",
        "description": "Ocean Accelerator - Tidal Stream Insurance",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "98390000",
            "description": "Other services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 55000,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2024-08-26T00:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2024-08-28T00:00:00+01:00",
            "endDate": "2025-01-17T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/2cy74UBh",
            "name": "The Crown Estate",
            "identifier": {
                "legalName": "The Crown Estate",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/2cy74UBh"
            },
            "address": {
                "streetAddress": "1 St James's Market",
                "locality": "LONDON",
                "postalCode": "SW1Y4AH",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Procurement Team",
                "email": "tenders@thecrownestate.co.uk",
                "telephone": "+44 20 7851 5000"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-05636283",
            "name": "ORE CATAPULT DEVELOPMENT SERVICES LIMITED",
            "identifier": {
                "legalName": "ORE CATAPULT DEVELOPMENT SERVICES LIMITED",
                "scheme": "GB-COH",
                "id": "05636283"
            },
            "address": {
                "streetAddress": "Offshore House, Albert Street, Blyth, Northumberland, NE24 1LZ"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/2cy74UBh",
        "name": "The Crown Estate"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-2324cc80-3b55-4457-b3f8-4f4e25ba6342-1",
            "status": "active",
            "date": "2024-08-27T00:00:00+01:00",
            "datePublished": "2024-11-14T18:43:41Z",
            "value": {
                "amount": 55000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-05636283",
                    "name": "ORE CATAPULT DEVELOPMENT SERVICES LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-08-28T00:00:00+01:00",
                "endDate": "2025-01-17T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/77de0609-0c04-438a-9258-de2f6a1682a9",
                    "datePublished": "2024-11-14T18:43:41Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}