Award

Provision of Insurance and related services to The Sovini Group

THE SOVINI GROUP

This public procurement record has 2 releases in its history.

AwardUpdate

12 Dec 2023 at 12:55

Award Notice
Award

12 Dec 2023 at 12:50

Award Notice
Summary of the contracting process

The Sovini Group has awarded a contract for the Provision of Insurance and related services. The contract is valued at £5,700,000 GBP and was awarded through a selective procurement method using a negotiated procedure. The contract period is from October 30, 2023, to October 29, 2026, with the tender period ending on October 29, 2023. The buying organization, The Sovini Group, is located in Merseyside, UK, and operates in the services industry category.

This tender for insurance services presents opportunities for businesses, especially those suited for service provision in the insurance sector. Small and medium-sized enterprises (SMEs) could find this tender particularly attractive due to the procurement's suitability towards SMEs. Businesses involved in property, legal liability, and general non-life insurable risks could leverage their expertise to compete effectively for this contract. The negotiated procedure opens doors for businesses with experience in similar insurance services to showcase their capabilities and potentially expand their operations through this contract with The Sovini Group.

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Notice Information

Notice Title

Provision of Insurance and related services to The Sovini Group

Notice Description

Text to be corrected in the original notice: Place of text to be modified: Contractor (No.1) Instead of: Arthur J. Gallagher Insurance Brokers Ltd, SC108909 Spectrum Building, 7th Floor, 55 Blythswood Street, Glasgow, G2 7AT, United Kingdom Read: Marsh Limited, 01507274 1 Tower Place West, Tower Place, London, EC3R 5BU, United Kingdom Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by The Sovini Group

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5373d202-ba6d-4c64-af0b-e8fc58eb24d6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b111414e-1d2a-4eb6-b113-5d0ab00ccddb
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated 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
£5,700,000 £1M-£10M
Lots Value
Not specified
Awards Value
£5,700,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
12 Dec 20232 years ago
Submission Deadline
28 Oct 2023Expired
Future Notice Date
Not specified
Award Date
28 Oct 20232 years ago
Contract Period
30 Oct 2023 - 29 Oct 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
THE SOVINI GROUP
Contact Name
Not specified
Contact Email
jeremy.flint@gibbslaidler.co.uk
Contact Phone
+447841632923

Buyer Location

Locality
MERSEYSIDE
Postcode
L30 6UR
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD73 Sefton
Delivery Location
Not specified
Local Authority
Sefton
Electoral Ward
Netherton and Orrell
Westminster Constituency
Bootle

Supplier Information

Number of Suppliers
3
Supplier Names

ARTHUR J. GALLAGHER INSURANCE BROKERS

MARSH

WEALD INSURANCE BROKERS

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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