Award

Insurance Brokerage and Advisory Services 701577625

MINISTRY OF DEFENCE

This public procurement record has 1 release in its history.

Award

12 Nov 2021 at 15:13

Award Notice
Summary of the contracting process

The procurement process involves the Ministry of Defence acquiring Insurance Brokerage and Advisory Services with a total contract value of £6,968,000. This contract is classified under the Financial and Insurance Services industry and is based in London, United Kingdom. The procurement method was selective, with the tender period concluding on 30 September 2021 and the contract commencing on 1 November 2021, running until 29 October 2025.

This tender creates significant opportunities for businesses, particularly small and medium enterprises (SMEs) that provide financial and insurance services. Companies with expertise in insurance brokerage and advisory roles may find this to be an advantageous opportunity for growth, as the Ministry of Defence often seeks qualified suppliers who can deliver high-quality services and contribute to their operational effectiveness.

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Notice Information

Notice Title

Insurance Brokerage and Advisory Services 701577625

Notice Description

Insurance Brokerage & Advisory Services to MOD, call-off from CCS Framework RM 6020 Lot 1.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3773bd3f-a963-463c-a223-45b39e09a217
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1ad5e43f-9312-464b-9d42-d87a53d4eac9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
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
£6,968,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,968,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
12 Nov 20214 years ago
Submission Deadline
30 Sep 2021Expired
Future Notice Date
Not specified
Award Date
27 Oct 20214 years ago
Contract Period
1 Nov 2021 - 29 Oct 2025 3-4 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
MINISTRY OF DEFENCE
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
SW1A 2HB
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
TLI London
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS

Further Information

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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