Award

Property Insurance

SHEFFIELD CITY COUNCIL

This public procurement record has 1 release in its history.

Award

29 Mar 2023 at 15:46

Summary of the contracting process

The Sheffield City Council has recently awarded a contract for Property Insurance cover for all operational and regeneration properties on the commercial estate. The procurement process was carried out through an Open procedure method, with a tender period ending on 14th February 2023. Zurich Municipal was awarded the contract, valued at £2,113,793, with a contract period starting on 1st April 2023 and ending on 31st March 2026. This procurement opportunity falls under the services category and is located in Yorkshire and the Humber region, United Kingdom.

This contract awarded by Sheffield City Council presents an opportunity for insurance service providers, particularly those with expertise in property insurance, to expand their business. Businesses operating in the insurance services sector, especially those capable of providing cover for operational and regeneration properties, would be well-suited to compete in this tender. The awarded contract signals stability for the selected supplier, Zurich Municipal, and highlights the potential for similar future procurement opportunities within the region.

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Notice Title

Property Insurance

Notice Description

Property Insurance cover for all operational properties and the regeneration properties on the commercial estate

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3eeff60d-2c9e-45df-8872-1f7ad7e60ca7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/21356f50-fae2-468b-90c2-d4416118a6e8
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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
Not specified
Lots Value
Not specified
Awards Value
£2,113,793 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
29 Mar 20232 years ago
Submission Deadline
14 Feb 2023Expired
Future Notice Date
Not specified
Award Date
24 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

Contracting Authority (Buyer)

Main Buyer
SHEFFIELD CITY COUNCIL
Contact Name
Tim Dent
Contact Email
tim.dent@sheffield.gov.uk
Contact Phone
+44 01142053646

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2HH
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH MUNICIPAL

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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