Award

TD1969 - Insurance Services

DERBY CITY COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

07 Aug 2025 at 12:10

Award Notice
Award

24 May 2023 at 13:30

Award Notice
Summary of the contracting process

Derby City Council has recently completed a procurement process titled "TD1969 - Insurance Services," focusing on financial and insurance services. The process was conducted using a selective procurement method and followed a restricted procedure, indicating above-threshold value. The awarded services encompass various insurance needs, including Property, Personal Accident/Travel, Engineering Insurance and Inspection, Leasehold, Right to Buy, and Industrial & Commercial Property. This process served the East Midlands region of the United Kingdom, with a total contract value of £6,800,000. The procurement process, now in the award update stage, ran a tender period that concluded on 10 March 2023. The contract was awarded on 28 March 2023, and its period spans from 1 April 2023 to 31 March 2026.

This tender presents significant growth opportunities for businesses within the financial and insurance services sector, particularly those that specialise in providing comprehensive coverage and competitive service offerings. Organisations such as SMEs and voluntary, community and social enterprises (VCSEs) could find this contract type highly advantageous, given the large scale and the potential for long-term engagements with reputable public sector bodies such as Derby City Council. Suppliers involved in this award include notable firms like Travelers Insurance Company Limited, Zurich Insurance Company Ltd, Risk Management Partners Ltd., and Protector Insurance, underlining the need for businesses with substantial experience and capacity in managing extensive insurance portfolios. The contract's scope and financial magnitude allow for robust business expansion potential, fostering a competitive environment that rewards innovative and strategic approaches to public sector demands.

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Notice Information

Notice Title

TD1969 - Insurance Services

Notice Description

Further competition through the Crown Commercial Services (CCS) Insurance Services 3 DPS (RM6138) Lot 1 - Property Lot 3 - Personal Accident / Travel Lot 4 - Engineering Insurance and Inspection Lot 5 - Leasehold, Right to Buy Lot 6 - Industrial & Commercial Property

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3eb8d13a-69c3-46ce-8d35-cb69a847b72c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/edcc1fdf-cc45-43bb-8732-d859dd03a68a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME, VCSE
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
£6,800,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,800,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Aug 20256 months ago
Submission Deadline
10 Mar 2023Expired
Future Notice Date
Not specified
Award Date
27 Mar 20232 years ago
Contract Period
31 Mar 2023 - 31 Mar 2026 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
DERBY CITY COUNCIL
Contact Name
Not specified
Contact Email
procurement@derby.gov.uk
Contact Phone
01332640768

Buyer Location

Locality
DERBY
Postcode
DE1 2FS
Post Town
Derby
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF East Midlands (England)
Local Authority
Derby
Electoral Ward
Darley
Westminster Constituency
Derby South

Supplier Information

Number of Suppliers
4
Supplier Names

PROTECTOR INSURANCE

RISK MANAGEMENT PARTNERS

TRAVELERS INSURANCE

ZURICH 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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