Award

Insurance provider

THE BARNET GROUP LTD

This public procurement record has 1 release in its history.

Award

26 Nov 2020 at 13:55

Summary of the contracting process

The Barnet Group Ltd has recently completed the procurement process for an insurance provider, aimed at delivering comprehensive insurance cover across all companies in various insurance categories. This procurement falls under the industry category of insurance services and was conducted using a selective and negotiated procedure. The tender was officially closed on 20th December 2019, with the contract commencing on 31st January 2020 and set to run until 31st January 2025. The contract value is approximately £450,000, and the services are to be delivered in London, United Kingdom.

This tender presents a significant opportunity for businesses in the insurance sector, particularly those specialising in a wide range of insurance services. Companies capable of handling comprehensive insurance portfolios and demonstrating a strong capability in risk management would be particularly well-suited to compete. The successful supplier, Zurich Municipal, exemplifies the type of large-scale insurer that can meet the requirements of such contracts, thereby indicating the competitive landscape for future tenders in this market.

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Notice Title

Insurance provider

Notice Description

Provide insurance cover across all companies and in all insurance categories

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-70efdfd5-e25c-4626-a505-38b46155ebcf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c28e96d7-f85e-475a-885a-565460f47e46
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
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
£450,000 £100K-£500K
Lots Value
Not specified
Awards Value
£450,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Nov 20205 years ago
Submission Deadline
20 Dec 2019Expired
Future Notice Date
Not specified
Award Date
20 Dec 20196 years ago
Contract Period
31 Jan 2020 - 31 Jan 2025 Over 5 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
THE BARNET GROUP LTD
Contact Name
Not specified
Contact Email
procurement@barnethomes.org
Contact Phone
+442083594783

Buyer Location

Locality
LONDON
Postcode
NW9 4EW
Post Town
North West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI71 Barnet
Delivery Location
TLI London

Local Authority
Barnet
Electoral Ward
Colindale North
Westminster Constituency
Hendon

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH MUNICIPAL

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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