Award

Insurance Broker Services

REDCAR & CLEVELAND BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

17 Mar 2026 at 14:02

Summary of the contracting process

Redcar & Cleveland Borough Council has concluded the procurement process for Insurance Broker Services, with an award to Aon UK as of 31st October 2024, noted on 17th March 2026. This contract falls under the category of Financial and Insurance Services and is situated within the North East region of England. The procurement follows a selective method, specifically a call-off from the YPO 1160 Insurance Brokerage and Associated Services Framework, with a contract period commencing on 1st November 2024 and running until 31st October 2026, including possible extension opportunities. The tender process aims to cater predominantly to Small and Medium-sized Enterprises (SMEs), highlighting a strategic focus on accommodating such business types.

This contract presents valuable growth potential for insurance and financial service providers, particularly those operating within the SME bracket, as it opens avenues to work with a substantial local authority like Redcar & Cleveland Borough Council. The commitment to a systematic procurement process through a framework agreement suggests that businesses with a robust framework engagement strategy can leverage this opportunity to expand their service offerings within the North East region. Companies positioned as insurance brokers, with the capacity to deliver high-quality services within the specified parameters, stand a favourable chance of competing effectively for such lucrative contracts. Establishing a relationship with a reputable entity such as Aon UK underscores the importance placed on experienced and reliable suppliers in this sector.

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Notice Title

Insurance Broker Services

Notice Description

Award of contract for Insurance Broker Services. Direct Award via YPO 1160 Insurance Brokerage and Associated Services Framework. Contract Period: 01/11/2024 - 31/10/2026, plus the option of 2 x 12 month extension periods. Total award value includes optional extension periods, however these are subject to further approval. Please refer to https://www.open-uk.org/contracts-register for updates.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5f9f1c59-74c6-48a9-bbb3-5fd59e56d67c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f5c5fec8-970b-4457-97c9-1837718fa236
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£33,200 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Mar 20262 weeks ago
Submission Deadline
31 Oct 2024Expired
Future Notice Date
Not specified
Award Date
31 Oct 20241 years ago
Contract Period
1 Nov 2024 - 31 Oct 2026 1-2 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
REDCAR & CLEVELAND BOROUGH 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
REDCAR
Postcode
TS10 1RT
Post Town
Cleveland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
TLC North East (England)

Local Authority
Redcar and Cleveland
Electoral Ward
Coatham
Westminster Constituency
Redcar

Supplier Information

Number of Suppliers
1
Supplier Name

AON

Further Information

Open Contracting Data Standard (OCDS)

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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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