Award

Provision of Insurances (Excluding Broker Services

NORTH TYNESIDE COUNCIL

This public procurement record has 1 release in its history.

Award

01 Oct 2021 at 12:47

Award Notice
Summary of the contracting process

NORTH TYNESIDE COUNCIL is conducting a procurement process for the "Provision of Insurances (Excluding Broker Services)" in the insurance services category, primarily covering Property Damage, Business Interruption, and various liability insurances. The procurement method used is selective and involves a call-off from an existing framework agreement. The award for this contract has been finalised with a value of £971,550.78, with the contract period starting on 1st October 2021 and concluding on 30th September 2024. The tender process ended on 28th July 2021, and the procurement process is presently in the award stage.

This tender represents a significant opportunity for small and medium-sized enterprises (SMEs) specialising in insurance services to expand their market presence. Businesses that provide comprehensive insurance solutions, particularly those offering niche services such as Professional Indemnity or Engineering Inspection, would find themselves well-suited to engage in this competitive environment. Companies aiming to partner with local councils and strengthen their portfolio in the public sector should consider preparing to respond to similar tenders in the future.

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Notice Information

Notice Title

Provision of Insurances (Excluding Broker Services

Notice Description

Property Damage, Business Interruption, Computer, Contract Works, Employers Liability, Public Liability, Professional Indemnity, Libel and Slander, Officials Indemnity, Land Charges, Public Health Act, Fidelity Guarantee, Personal Accident, Engineering Inspection and Motor Insurances

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-70d48afc-5bae-4116-a4bb-b8c27a3037e0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b22efd93-8c40-40ab-9192-fa020bfeb1f3
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

66510000 - Insurance services

Notice Value(s)

Tender Value
£900,000 £500K-£1M
Lots Value
Not specified
Awards Value
£971,550 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
1 Oct 20214 years ago
Submission Deadline
28 Jul 2021Expired
Future Notice Date
Not specified
Award Date
13 Sep 20214 years ago
Contract Period
30 Sep 2021 - 30 Sep 2024 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
NORTH TYNESIDE 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
NEWCASTLE-UPON-TYNE
Postcode
NE27 0BY
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)
Local Authority
North Tyneside
Electoral Ward
Shiremoor
Westminster Constituency
Cramlington and Killingworth

Supplier Information

Number of Suppliers
4
Supplier Names

AON

PROTECTOR INSURANCE

RISK MANAGEMENT PARTNERS

VOLANTE INTERNATIONAL

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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