Award

Awarded - SBC 0418 CCS Lot 1 Insurance Services RM3731 - Lot 1 Insurance for Housing Stock/General Properties/ Residential Garages/All Risks/Contract Works/Buisness Interruption & Money

STEVENAGE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

14 Nov 2018 at 08:57

Award Notice
Summary of the contracting process

The procurement process involves the Stevenage Borough Council, seeking to award a contract for insurance services related to housing stock, general properties, residential garages, and contract works, valued at £840,000. This tender, identified as "Awarded - SBC 0418 CCS Lot 1," was completed on 2nd August 2018 following a selective procurement method through a call-off from a framework agreement. The contract period began on 1st October 2018 and will conclude on 30th September 2021. The relevant delivery addresses are located in the East of England, United Kingdom.

This tender presents substantial opportunities for businesses in the insurance sector, particularly those specialising in comprehensive property and contract risk coverage. Companies that offer innovative insurance solutions or tailored services for housing and commercial properties would be well-positioned to compete. Although the awarded supplier is Aspen Insurance UK Ltd, the ongoing nature of insurance services may encourage upcoming tenders, providing additional avenues for growth in this industry.

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Notice Information

Notice Title

Awarded - SBC 0418 CCS Lot 1 Insurance Services RM3731 - Lot 1 Insurance for Housing Stock/General Properties/ Residential Garages/All Risks/Contract Works/Buisness Interruption & Money

Notice Description

Lot 1 Insurance for Housing Stock/General Properties/ Residential Garages/All Risks/Contract Works/Business Interruption & Money

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-38e405ba-3204-4103-bb10-bf77b37df94d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/05069931-7811-452c-9114-853123b25198
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£840,000 £500K-£1M
Lots Value
Not specified
Awards Value
£840,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Nov 20187 years ago
Submission Deadline
8 Jun 2018Expired
Future Notice Date
Not specified
Award Date
1 Aug 20187 years ago
Contract Period
30 Sep 2018 - 30 Sep 2021 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
STEVENAGE BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STEVENAGE
Postcode
SG1 1HN
Post Town
Stevenage
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified
Local Authority
Stevenage
Electoral Ward
Old Town
Westminster Constituency
Stevenage

Supplier Information

Number of Suppliers
1
Supplier Name

ASPEN INSURANCE

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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