Award

Marine Professional Indemnity Insurance

MARITIME & COASTGUARD AGENCY

This public procurement record has 1 release in its history.

Award

11 May 2020 at 15:24

Summary of the contracting process

The Maritime & Coastguard Agency recently completed a tender for Marine Professional Indemnity Insurance, focused on services within the insurance industry. The procurement method employed was selective, involving a call-off from a framework agreement. The contract, valued at £12,420, was awarded on 26 June 2019 and spans from that date until 25 June 2020. This opportunity was open to suppliers across the British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom.

This procurement process presents significant growth opportunities for insurance companies that specialise in marine or professional indemnity services, especially those meeting the SME criteria. Businesses capable of offering tailored insurance solutions within the maritime sector will be well-suited to compete for similar contracts in the future. Engaging with the Maritime & Coastguard Agency can lead to potential collaborations and reinforce market presence in this specific industry niche.

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Notice Title

Marine Professional Indemnity Insurance

Notice Description

Renewal of Marine Professional Indemnity insurance for Large Yacht Unit (Ensign)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-88a6e9e7-55d3-46e5-919e-89e419b97a7b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6a989745-fe5c-4233-9285-96078c7fec17
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
£12,420 Under £100K
Lots Value
Not specified
Awards Value
£12,420 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
11 May 20205 years ago
Submission Deadline
25 Jun 2019Expired
Future Notice Date
Not specified
Award Date
25 Jun 20196 years ago
Contract Period
25 Jun 2019 - 25 Jun 2020 1-2 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
MARITIME & COASTGUARD AGENCY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SOUTHAMPTON
Postcode
SO15 1EG
Post Town
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ32 Southampton
Delivery Location
Not specified

Local Authority
Southampton
Electoral Ward
Banister & Polygon
Westminster Constituency
Southampton Itchen

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS

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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