Award

Insurance Services

BLACKBURN WITH DARWEN

This public procurement record has 1 release in its history.

Award

27 Apr 2017 at 14:00

Award Notice
Summary of the contracting process

The procurement process for 'Insurance Services' was initiated by Blackburn with Darwen, a local government authority based in Blackburn, England. This contract, valued at £7,500,000, falls under the financial and insurance services industry category, specifically under the CPV classification of 66000000. The procurement method employed was an open procedure, concluding the tender period on 7th December 2016. The awarded contract has a term of three years, running from 1st April 2017 to 31st March 2022, with a potential extension of two additional years. The contract is currently valued at £6,000,000 and includes suppliers such as Zurich, Axix Syndicate, and Travelers.

This tender represents a significant opportunity for businesses in the insurance sector looking to expand their service offerings or enter into partnerships with large organisations. Given the scale of the contract, insurance brokers and underwriters that specialise in general insurance services will find themselves well-positioned to compete. As the contract duration extends over multiple years, it allows for long-term business planning and investment, making it particularly attractive for established firms that can assure high standards of service delivery.

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Notice Information

Notice Title

Insurance Services

Notice Description

TENDER FOR THE PROVISION OF GENERAL INSURANCE SERVICES EXCLUDING INSURANCE BROKING - THE DURATION OF THE CONTRACT IS FOR 3 YEARS WITH THE OPTION TO EXTEND FOR A FURTHER 2 YEARS

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7ba9f8bd-3c11-4003-a74c-ebd00044c492
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/54a9b406-d81d-4d08-a8c0-28dfd1e042fa
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
Tender Suitability
Not specified
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
£7,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Apr 20178 years ago
Submission Deadline
7 Dec 2016Expired
Future Notice Date
Not specified
Award Date
2 Mar 20178 years ago
Contract Period
31 Mar 2017 - 31 Mar 2022 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
BLACKBURN WITH DARWEN
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BLACKBURN
Postcode
BB1 7DY
Post Town
Blackburn
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD41 Blackburn with Darwen
Delivery Location
TLD North West (England)
Local Authority
Blackburn with Darwen
Electoral Ward
Blackburn Central
Westminster Constituency
Blackburn

Supplier Information

Number of Suppliers
3
Supplier Names

AXIX SYNDICATE

TRAVELERS

ZURICH

Further Information

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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