Award

Insurance Brokerage

MINISTRY OF DEFENCE

This public procurement record has 1 release in its history.

Award

16 Dec 2021 at 15:05

Summary of the contracting process

The Ministry of Defence is seeking insurance brokerage services to facilitate the renewal of its insurance policies, including Employers Liability, Motor Fleet, and Professional Indemnity, among others. This procurement is classified under CPV code 66518100 and was executed through a selective tendering process via a call-off from a framework agreement. The tender period ended on 31st August 2021, with the contract awarded on 1st September 2021, valued at £1,100,792. The contract is set to run until 31st August 2022 and is based in Reading, South East England.

This tender presents significant opportunities for businesses specialising in insurance brokerage services, particularly those that can demonstrate expertise in managing complex insurance needs for large organisations. Small and Medium-sized Enterprises (SMEs) are encouraged to compete for this contract, as the procurement process is designed to allow greater participation from smaller firms, which can leverage their agility and tailored service offerings to meet the requirements of the Ministry of Defence.

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Notice Title

Insurance Brokerage

Notice Description

Insurance Brokerage to facilitate renewal of AWE PLC's insurance policies covering the following; Employers Liability, Motor Fleet, Personal Accident & Business Travel, Directors & Officers Liability, Professional Indemnity, Property Damage.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-414ee287-4538-4593-9c40-9b199d00d7f4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/11897ccc-b694-464a-a9e3-063df2928eaf
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£1,100,792 £1M-£10M
Lots Value
Not specified
Awards Value
£1,100,792 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
16 Dec 20214 years ago
Submission Deadline
31 Aug 2021Expired
Future Notice Date
Not specified
Award Date
31 Aug 20214 years ago
Contract Period
31 Aug 2021 - 31 Aug 2022 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
MINISTRY OF DEFENCE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
READING
Postcode
RG7 4PR
Post Town
Reading
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ16 Berkshire West
Delivery Location
TLJ South East (England)

Local Authority
West Berkshire
Electoral Ward
Aldermaston
Westminster Constituency
Reading West and Mid Berkshire

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS TOWERS WATSON

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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