Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Provision of Comprehensive Insurance Brokerage Services to British Embassy UAE Network

Foreign, Commonwealth and Development Office

This public procurement record has 2 releases in its history.

Award

08 May 2025 at 03:43

Award Notice
Tender

14 Sep 2024 at 01:03

Tender Notice
Summary of the contracting process

The procurement process for providing Comprehensive Insurance Brokerage Services to the British Embassy UAE Network was facilitated by the Foreign Commonwealth and Development Office. This contract, classified under insurance brokerage services with CPV codes 66510000 and 66518100, encompasses various global locations including the British Oversea Territories, Channel Islands, Europe, Isle of Man, the Rest of the World, and the United Kingdom. The tender was published on 14th September 2024, with a procurement method identified as an open procedure. The award, with a total contract value of GBP 297,960, was made active on 11th November 2024 and is set to run until 10th November 2025.

This tender provides a significant opportunity for growth within the insurance brokerage industry, particularly for SMEs and organisations experienced in handling international coverage. Suitable business contenders would benefit from established expertise in insurance services and the capability to manage contracts across diverse geographical regions. Given the comprehensive nature of the services required, businesses equipped with a robust international network and an understanding of the British government's procurement processes would be well-positioned to compete. This opportunity emphasises the importance of offering tailored solutions to meet the unique needs of the British Embassy's operations globally.

How relevant is this notice?

Notice Information

Notice Title

Provision of Comprehensive Insurance Brokerage Services to British Embassy UAE Network

Notice Description

Provision of Comprehensive Insurance Brokerage for British Embassy UAE Network.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-82f1b54c-4236-4d01-b12f-a6551aa5138e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3a96a89d-ab32-4a77-89af-4ff4856a04b5
Current Stage
Award
All Stages
Tender, 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, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

66518000 - Insurance brokerage and agency services

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£297,960 £100K-£500K
Lots Value
Not specified
Awards Value
£297,960 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 May 20251 years ago
Submission Deadline
14 Oct 2024Expired
Future Notice Date
Not specified
Award Date
11 Nov 20241 years ago
Contract Period
11 Nov 2024 - 10 Nov 2025 6-12 months
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
Foreign, Commonwealth and Development Office
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2AH
Postcode Area
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Lockton Insurance Brokers LLC

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...