Award

Council Insurance Policy Long Term Agreement

GREAT AYCLIFFE TOWN COUNCIL

This public procurement record has 1 release in its history.

Award

25 Jul 2019 at 14:27

Award Notice
Summary of the contracting process

The Great Aycliffe Town Council has successfully completed a procurement process for a long-term insurance policy titled "Council Insurance Policy Long Term Agreement." This contract, categorised under insurance services, is situated in Newton Aycliffe, England. The procurement method employed was a direct approach through a single tender action, which completed on 25 June 2019. The awarded contract is valued at £109,521 and commenced on 26 June 2019, lasting until 25 June 2022.

This tender presents significant opportunities for businesses in the insurance sector, particularly those offering comprehensive coverage for public and employers' liabilities, material damage, and business interruption. Companies specialising in insurance services, particularly small and medium-sized enterprises (SMEs), would be well-positioned to compete for similar future contracts, allowing them to expand their portfolio and client base through public sector engagement.

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Notice Information

Notice Title

Council Insurance Policy Long Term Agreement

Notice Description

Three-year long term agreement for the The Council's main insurance policy providing employers' and public liability cover, material damage cover for all Council buildings, contents, plant, machinery, play equipment and other valuable assets, business interruption cover, money cover, legal cover etc. It does not cover the separately arranged vehicle insurance policy and play equipment inspection contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4b6a1552-a618-40a3-82f4-f76051f99e17
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f406b7ad-3ccf-4c17-80e6-fe6ee703e442
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
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
£109,521 £100K-£500K
Lots Value
Not specified
Awards Value
£109,521 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jul 20196 years ago
Submission Deadline
25 Jun 2019Expired
Future Notice Date
Not specified
Award Date
11 Jun 20196 years ago
Contract Period
25 Jun 2019 - 25 Jun 2022 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
GREAT AYCLIFFE TOWN 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
NEWTON AYCLIFFE
Postcode
DL5 6QF
Post Town
Darlington
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
Not specified
Local Authority
County Durham
Electoral Ward
Aycliffe West
Westminster Constituency
Newton Aycliffe and Spennymoor

Supplier Information

Number of Suppliers
1
Supplier Name

W.P.S INSURANCE BROKERS

Further Information

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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