Award

Insurance Services

SUNDERLAND CITY COUNCIL

This public procurement record has 1 release in its history.

Award

11 Dec 2024 at 13:27

Award Notice
Summary of the contracting process

Sunderland City Council has completed a public procurement process titled "Insurance Services," categorised under industry code CPV 66510000 (Insurance services). The procurement covers services within the North East region of the United Kingdom and was conducted through an open procedure above the threshold. The contract, valued at approximately £7,274,273.37, runs from 1st October 2024 to 30th September 2031. The award decision was finalised and published on 11th December 2024, following the tender period that ended on 30th September 2024. This procurement process is currently in the award stage, with active awards made.

This tender offers significant opportunities for businesses in the insurance sector to secure long-term agreements with a reputable council. Small and medium-sized enterprises (SMEs) are particularly well-suited for this contract, given Sunderland City Council's suitability criteria. Companies specialising in comprehensive insurance services and possessing a strong service delivery record will find this tender beneficial for business growth and market expansion. The successful suppliers include Risk Management Partners, Zurich, Mavern, Axis Specialty Europe SE, and Travelers Insurance, highlighting the competitive nature of this opportunity.

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Notice Information

Notice Title

Insurance Services

Notice Description

Insurance Services Sunderland City Council

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6776174c-48eb-4974-a784-fbe3ae1c6f51
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/639c1d30-4847-4a3b-ae2f-baee3c3c69a4
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
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£7,274,273 £1M-£10M
Lots Value
Not specified
Awards Value
£7,274,273 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
11 Dec 20241 years ago
Submission Deadline
30 Sep 2024Expired
Future Notice Date
Not specified
Award Date
29 Sep 20241 years ago
Contract Period
30 Sep 2024 - 30 Sep 2031 Over 5 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
SUNDERLAND CITY 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
SUNDERLAND
Postcode
SR1 3AA
Post Town
Sunderland
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC44 Sunderland
Delivery Location
TLC North East (England)
Local Authority
Sunderland
Electoral Ward
Millfield
Westminster Constituency
Sunderland Central

Supplier Information

Number of Suppliers
5
Supplier Names

AXIS SPECIALTY EURPOE

MAVERN

RISK MANAGEMENT PARTNERS

TRAVELERS INSURANCE

ZURICH

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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