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Provision of Lease Holders Property Insurance for Gateshead Council

GATESHEAD COUNCIL

This public procurement record has 1 release in its history.

Award

14 Mar 2018 at 08:12

Award Notice
Summary of the contracting process

The Gateshead Council has completed a procurement process for the provision of Lease Holders Property Insurance, classified under fire and property insurance services. The competitive procedure involved negotiation and was valued at £455,000. The procurement period concluded on 13 November 2017, while the contract period is set to run from 1 April 2018 to 31 March 2021. This procurement falls under the services category and is located in the North East of England.

This tender presents an excellent opportunity for businesses in the insurance sector, particularly those specialising in property and fire insurance services. Providers that can leverage their expertise in competitive negotiation will find this contract advantageous. Given the specification focused on insurance services, businesses that have experience dealing with local authorities or similar institutions may have a competitive edge in the bidding process.

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Notice Information

Notice Title

Provision of Lease Holders Property Insurance for Gateshead Council

Notice Description

The contract covers the requirements of Gateshead Council for its Lease holders property insurance cover.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9a7deefb-accb-4890-a647-7161fbfcd549
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/47ac9754-ac06-4b82-989c-f3e49839cea3
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66515100 - Fire insurance services

66515200 - Property insurance services

Notice Value(s)

Tender Value
£455,000 £100K-£500K
Lots Value
Not specified
Awards Value
£455,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Mar 20188 years ago
Submission Deadline
13 Nov 2017Expired
Future Notice Date
Not specified
Award Date
23 Feb 20188 years ago
Contract Period
1 Apr 2018 - 31 Mar 2021 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
GATESHEAD 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
GATESHEAD
Postcode
NE8 1HH
Postcode Area
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)
Local Authority
Gateshead
Electoral Ward
Bridges
Westminster Constituency
Gateshead Central and Whickham

Supplier Information

Number of Suppliers
1
Supplier Name

Avid Insurance Services Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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