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NCG180401T - Terrorism Insurance

NCG Corporation

This public procurement record has 5 releases in its history.

TenderAmendment

09 May 2018 at 14:55

Tender Notice
TenderAmendment

08 May 2018 at 10:22

Tender Notice
TenderAmendment

04 May 2018 at 17:06

Tender Notice
TenderAmendment

04 May 2018 at 17:00

Tender Notice
Tender

04 May 2018 at 12:18

Tender Notice
Summary of the contracting process

NCG Corporation is seeking to procure Terrorism Insurance through an open tender process, identified as NCG180401T. This procurement is classified under the industry category of Financial and Insurance Services, with an estimated contract value of £256,000. The tender period will conclude on 1st June 2018, with the contract set to commence on 1st August 2018 and running through to 31st August 2020. NCG Corporation, located at Rye Hill House, Newcastle upon Tyne, is undertaking this process to manage anticipated insurance premiums related to the recent merger with Lewisham Southwark College.

This tender presents significant opportunities for businesses specialising in financial and insurance services, particularly those that can offer risk management solutions. Small and medium enterprises (SMEs) are encouraged to participate, as the procurement is deemed suitable for this category of bidders. Companies with expertise in providing comprehensive insurance cover and risk management services would be well-positioned to compete effectively for this contract, thereby expanding their operational portfolio and client base.

How relevant is this notice?

Notice Information

Notice Title

NCG180401T - Terrorism Insurance

Notice Description

This procurement opportunity will be conducted in accordance with the requirements of the Public Contracts Regulations 2015 and will follow the Open procedure. NCG Corporation, as the contracting authority, is required to tender their requirement to insure this risk due to the anticipated premium over the next four years, due to the merger with Lewisham Southwark College in August 2017.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3b77eae5-5f4b-47a5-a451-4dd5e29392b2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d2bbb348-bc65-405a-b0e6-85f4e69c37ea
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66500000 - Insurance and pension services

66510000 - Insurance services

66517300 - Risk management insurance services

Notice Value(s)

Tender Value
£256,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 May 20188 years ago
Submission Deadline
1 Jun 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Aug 2018 - 31 Aug 2020 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NCG Corporation
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE4 7SA
Postcode Area
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
Not specified
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

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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