Award

Captive Management Services for the NDA Group Captive company

NUCLEAR DECOMMISSIONING AUTHORITY

This public procurement record has 1 release in its history.

Award

04 Jul 2023 at 09:55

Award Notice
Summary of the contracting process

The Nuclear Decommissioning Authority has awarded a contract for Captive Management Services for the NDA Group Captive company. The procurement falls under the "Insurance services" industry category with a contract value of £1,250,000. The tender, conducted as an Open procedure, had a closing date on 24th April 2023. The contract period is from 1st July 2023 to 30th June 2026, providing opportunities for SMEs and VCSEs to participate. The buying organisation, Nuclear Decommissioning Authority, is located in Moor Row, Cumbria, with the contract encompassing various territories including the United Kingdom and Europe.

This contract award presents an opportunity for businesses in the insurance industry to provide their services to the Nuclear Decommissioning Authority. Companies specialising in Captive Management Services or Insurance brokerage and agency services would be well-suited to compete for this tender. The contract has a substantial value of £1,250,000 and spans over a three-year period, offering stability and growth potential for successful bidders. Businesses interested in expanding their operations in insurance services should consider this tender for potential growth opportunities in delivering services to a reputable public sector buyer.

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Notice Information

Notice Title

Captive Management Services for the NDA Group Captive company

Notice Description

Captive Management Services for the NDA Group Captive company

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5233c30b-7428-437a-a3ec-18717e54eb14
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/25c346f8-f64f-4de9-9578-ef20ef71018b
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 (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

66518000 - Insurance brokerage and agency services

Notice Value(s)

Tender Value
£1,250,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,250,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jul 20232 years ago
Submission Deadline
24 Apr 2023Expired
Future Notice Date
Not specified
Award Date
7 May 20232 years ago
Contract Period
30 Jun 2023 - 30 Jun 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
NUCLEAR DECOMMISSIONING AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MOOR ROW, CUMBRIA
Postcode
CA24 3HU
Post Town
Carlisle
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
Not specified
Local Authority
Cumberland
Electoral Ward
Egremont North and St Bees
Westminster Constituency
Whitehaven and Workington

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH CAPTIVE SOLUTIONS

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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