Award

East West Rail Ltd - Insurance

DEPARTMENT OF TRANSPORT

This public procurement record has 1 release in its history.

Award

14 Nov 2018 at 13:57

Summary of the contracting process

The Department of Transport has recently completed a procurement process for insurance brokerage services under the title "East West Rail Ltd - Insurance". This tender was classified under the Financial and insurance services industry and had a total contract value of £24,324. The procurement method utilised was a direct single tender action, as the project was below the specified threshold. The tender period concluded on 10 October 2018, with the contract period running from 11 October 2018 to 10 October 2019. The award was announced on 14 November 2018.

This opportunity is particularly relevant for businesses specialising in insurance services, especially those that can provide comprehensive coverage for liability, crime, personal accident, and travel insurances. Firms with an established track record in servicing large contracts and those that understand the intricacies of working with public sector clients would be well-positioned to compete in similar future tenders. Engaging with such contracts can significantly enhance a business's portfolio and facilitate growth within the public procurement landscape.

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Notice Title

East West Rail Ltd - Insurance

Notice Description

Provision of insurance brokerage services covering the directors and Officers of East West Rail Ltd for liability, crime, personal accident and travel insurances.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2dbb66c3-411c-4ef5-9cee-979423c27e4f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b7f705d4-326c-4b7c-8003-b6eb99eeee42
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

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£24,324 Under £100K
Lots Value
Not specified
Awards Value
£24,324 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Nov 20187 years ago
Submission Deadline
10 Oct 2018Expired
Future Notice Date
Not specified
Award Date
9 Oct 20187 years ago
Contract Period
10 Oct 2018 - 10 Oct 2019 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT OF TRANSPORT
Contact Name
Not specified
Contact Email
dftprocurement@dft.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1P 4DR
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
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

JLT SPECIALTY

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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