Award

Awarded - Terrorism Insurance

STEVENAGE BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

16 Jul 2019 at 14:47

Award

14 Nov 2018 at 09:31

Summary of the contracting process

The procurement process is centred around a contract awarded by Stevenage Borough Council for Terrorism Insurance services, with a contract value of £36,000. The procurement method was a direct single tender action, which is below the threshold for competitive tendering. The contract period commenced on 1st October 2018 and is set to conclude on 30th September 2019. This process marks the completion of the tender phase, previously concluded on 19th July 2018, and the location of service delivery is in the East of England, United Kingdom.

This tender presents a valuable opportunity for businesses within the insurance sector, particularly those with expertise in providing specialised coverage such as terrorism insurance. Companies capable of competing should ideally have experience in the public sector and be equipped to handle the specific risks associated with terrorism. Such opportunities could facilitate business growth for firms like Angel Risk Management, who have successfully engaged in similar contracts, thereby creating pathways for expansion in public procurement.

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Notice Title

Awarded - Terrorism Insurance

Notice Description

Terrorism Insurance

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-953a8f09-d43e-4e9b-9ac4-f7fb06bf52aa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f619343e-4d5e-4759-808d-304e6cac18f5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
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
£36,000 Under £100K
Lots Value
Not specified
Awards Value
£36,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jul 20196 years ago
Submission Deadline
19 Jul 2018Expired
Future Notice Date
Not specified
Award Date
19 Jul 20187 years ago
Contract Period
30 Sep 2018 - 30 Sep 2019 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
STEVENAGE BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STEVENAGE
Postcode
SG1 1HN
Post Town
Stevenage
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified

Local Authority
Stevenage
Electoral Ward
Old Town
Westminster Constituency
Stevenage

Supplier Information

Number of Suppliers
1
Supplier Name

ANGEL RISK MANAGEMENT

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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