Award

GB-Sheffield: Framework Call-Off Contract - Insurance

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Award

14 May 2021 at 09:25

Summary of the contracting process

The British Business Bank based in Sheffield has recently completed a procurement process for a framework call-off contract titled "GB-Sheffield: Framework Call-Off Contract - Insurance." This initiative falls under the insurance services category and has a total contract value of £186,729.37. The contract period is set to run from 1 April 2021 to 31 March 2022, with the tender period closing on 22 February 2021. The awarded supplier for this contract is Aon UK Limited, who will be providing various insurance brokerage services, including Employers Liability and Cyber Liability.

This tender presents significant opportunities for businesses in the insurance brokerage and related services sectors. Companies specialising in the provision of insurance and risk management solutions would be particularly well-suited to participate in similar tenders, thereby expanding their footprint in public procurement. Engaging with the British Business Bank could lead to further contracts and partnerships, enabling growth and development in the competitive insurance market.

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Notice Title

GB-Sheffield: Framework Call-Off Contract - Insurance

Notice Description

P - C1267 Contract for brokerage services to place the following insurance policies: Employers Liability, Directors & Officers Liability, Business Travel, Professional Indemnity, and Cyber Liability Additional information: The contract value includes the cost of insurance premiums

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5c63c44d-006c-4758-a804-b8fea5ffb656
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cf17439b-92e5-4bcb-acac-54298bda95d4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£186,729 £100K-£500K
Lots Value
Not specified
Awards Value
£186,729 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
14 May 20214 years ago
Submission Deadline
22 Feb 2021Expired
Future Notice Date
Not specified
Award Date
22 Feb 20215 years ago
Contract Period
31 Mar 2021 - 31 Mar 2022 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BRITISH BUSINESS BANK
Contact Name
Procurement
Contact Email
procurement@british-business-bank.co.uk
Contact Phone
02039051462

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2GQ
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

AON

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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