This public procurement record has 2 releases in its history.

AwardUpdate

22 Aug 2017 at 12:01

Award

21 Aug 2017 at 16:11

Summary of the contracting process

The Department for Education initiated a tender titled "Risk Management & Associated Support Services," which encompasses a contract for management solutions and associated services to support the Risk Protection Arrangement (RPA). This procurement falls under the insurance services category and was located in London, England. The tender period concluded on 14th July 2017, with the contract set to run from 1st September 2017 to 31st August 2020, involving a total contract value of £2,341,313. This process was classified under an 'Other' procurement method.

This tender presents valuable growth opportunities for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) specialising in insurance and risk management. Given the nature of the services required, businesses with strengths in risk assessment, management solutions, or associated support services would find this procurement particularly relevant and should consider participating in future similar tenders.

How relevant is this notice?

Notice Title

RISK MANAGEMENT & ASSOCIATED SUPPORT SERVICES

Notice Description

Management Solution and associated services contract to support the Risk Protection Arrangement (RPA).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3bbe7ad0-c6e0-4bef-9d92-8e8b29c72173
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fec6c3d8-b221-45df-8e1d-c3ad5a8e4e3b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£2,341,313 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Aug 20179 years ago
Submission Deadline
14 Jul 2017Expired
Future Notice Date
Not specified
Award Date
17 Aug 20179 years ago
Contract Period
1 Sep 2017 - 31 Aug 2020 3-4 years
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 for Education
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
SW1P 3BT
Postcode Area
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

Willis Towers Watson

Open Contracting Data Standard (OCDS)

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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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