Award

Insurance coverage and associated service

TELFORD & WREKIN COUNCIL

This public procurement record has 1 release in its history.

Award

22 Apr 2021 at 09:45

Summary of the contracting process

The procurement process involves Telford & Wrekin Council seeking insurance coverage and associated services, classified under the CPV code for insurance services. The tender, identified as BIP588230423, has an open procurement method and was published on 30 March 2021, with an award issued on 22 April 2021. The contract period commenced on 1 April 2021 and runs until 31 March 2026, covering various insurance types such as main property, commercial and industrial property, and engineering insurance. The services are to be delivered in the West Midlands region of the United Kingdom, with a total contract value of £4,515,500.

This tender presents significant growth opportunities for businesses within the insurance and risk management sectors, particularly those that possess experience in providing comprehensive insurance solutions. Companies that are well-suited to compete for this contract include established insurance firms, as well as innovative SMEs that can demonstrate their expertise in specific insurance categories required by the council. The competition may also attract businesses skilled in managing multifaceted insurance projects and those that can offer tailored services to meet the council's diverse needs.

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Notice Title

Insurance coverage and associated service

Notice Description

Lot 1.Main Property 2.Commercial and Industrial Property 3.Fidelity Guarantee 4.Combined Liability 5.Motor Fleet 6.Personal Accident 7.Engineering Insurance and Inspection 8.Terrorism

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-43274b65-ef57-4b85-95e4-0ac6a6187090
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7e77b426-1eab-489c-953c-602915442511
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£4,515,500 £1M-£10M
Lots Value
Not specified
Awards Value
£4,515,500 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Apr 20214 years ago
Submission Deadline
29 Mar 2021Expired
Future Notice Date
Not specified
Award Date
29 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2026 Over 5 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
TELFORD & WREKIN COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
TELFORD
Postcode
TF3 4JA
Post Town
Telford
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG21 Telford and Wrekin
Delivery Location
TLG West Midlands (England)

Local Authority
Telford and Wrekin
Electoral Ward
Malinslee & Dawley Bank
Westminster Constituency
Telford

Supplier Information

Number of Suppliers
5
Supplier Names

ALESCO RISK MANAGEMENT SERVICES

AON UK LIMITED (OF WHICH MAVEN PUBLIC SECTOR IS A TRADING ARM

ASHDALE ENGINEERING

RISK MANAGEMENT PARTNERS

TRAVELERS 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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