Award

Insurance Adviser - Nuclear Projects

BUSINESS ENERGY AND INDUSTRIAL STRATEGY

This public procurement record has 1 release in its history.

Award

05 Jul 2019 at 12:23

Award Notice
Summary of the contracting process

The procurement process involved a tender titled "Insurance Adviser - Nuclear Projects," initiated by the Business Energy and Industrial Strategy in London, England. The tender falls within the research and development services industry category and was conducted via a selective procurement method, being a call-off from a framework agreement. The tender period closed on 14th September 2018, while the contract was awarded on 7th December 2018. The total contract value is £250,000, and the contract will run from 25th April 2019 to 25th April 2022.

This tender presents significant business growth opportunities for firms specialising in insurance advisory services, particularly those with expertise in nuclear risk assessment and mitigation. Companies that focus on offering tailored insurance solutions, especially in compliance with nuclear liability protocols, would be well-positioned to compete effectively. The involvement of a major governmental entity also suggests potential for ongoing contracts in similar sectors, making it an appealing prospect for established firms as well as emerging businesses in the consultancy landscape.

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Notice Information

Notice Title

Insurance Adviser - Nuclear Projects

Notice Description

* Review relevant contract documents in respect of insurance relating to the project * Undertake a risk review of the project and identify the major exposures and how they can be mitigated by insurance, where possible * Review and advise on the scope of the proposed insurance programme and its adequacy * For nuclear liability: *Advise on insurance considerations to support the UK ratification of the 2004 Protocols to the Paris and Brussels Conventions on nuclear third-party liability * Generally advise on nuclear insurance products available within the market Additional information: This was awarded from a call off from was Crown Commercial Services Consultancy One framework (RM1502 Lot 4.1)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-88bb2452-3a7e-4927-bfa1-6470bed6bce7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9eacf783-bb9a-44ba-b111-6a2034efc35b
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£250,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Jul 20196 years ago
Submission Deadline
14 Sep 2018Expired
Future Notice Date
Not specified
Award Date
7 Dec 20187 years ago
Contract Period
24 Apr 2019 - 25 Apr 2022 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
BUSINESS ENERGY AND INDUSTRIAL STRATEGY
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
SW1H 0ET
Post Town
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

WILLIS TOWERS WATSON

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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