Award

SBC 0623 - Procurement of Insurance Placement through YPO DPS 978

STEVENAGE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

14 Sep 2023 at 09:52

Summary of the contracting process

The Stevenage Borough Council has awarded a contract for insurance services through a selective procurement method. The contract, titled SBC 0623 - Procurement of Insurance Placement through YPO DPS 978 - Lot 4 Combined Liability Insurances, is valued at £934,452 GBP. The contract period starts on October 1, 2023, and ends on September 30, 2026. The procurement stage was tender, with the tender period ending on July 31, 2023. The buying organisation is based in Stevenage, East of England, United Kingdom.

This tender presents an opportunity for businesses, especially those in the insurance services sector, to compete for contracts with the Stevenage Borough Council. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are deemed suitable for this contract. Businesses interested in providing insurance services and having the capacity to deliver to the East of England region may find this tender particularly relevant for their growth and expansion strategies.

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Notice Title

SBC 0623 - Procurement of Insurance Placement through YPO DPS 978

Notice Description

Lot 4 Combined Liability Insurances

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-58ae8a2d-7691-40bf-8a04-e890598165d2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/211693d9-f97c-4fe9-a6de-9e21c2bb4ee9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£934,452 £500K-£1M
Lots Value
Not specified
Awards Value
£934,452 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Sep 20232 years ago
Submission Deadline
31 Jul 2023Expired
Future Notice Date
Not specified
Award Date
3 Sep 20232 years ago
Contract Period
30 Sep 2023 - 30 Sep 2026 3-4 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
STEVENAGE BOROUGH COUNCIL
Contact Name
Not specified
Contact Email
procurement@stevenage.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
STEVENAGE
Postcode
SG1 1HN
Post Town
Stevenage
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified

Local Authority
Stevenage
Electoral Ward
Old Town
Westminster Constituency
Stevenage

Supplier Information

Number of Suppliers
1
Supplier Name

TRAVELERS INSURANCE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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