This public procurement record has 1 release in its history.

Award

27 Jul 2026 at 10:33

Summary of the contracting process

The procurement process entitled "W824 - Fine Art Insurance" was conducted by Derby City Council, targeting the provision of specialist insurance services for the council's art collection and loaned exhibits. This procurement falls under the insurance services category (CPV 66510000) and is situated in the East Midlands, United Kingdom. The procurement process used a direct award method and concluded with the award stage. The tender period ended on 30th March 2026, followed by a contract period from 1st April 2026 to 31st March 2027. The award was actively made to the supplier AXA XL Syndicate on 31st March 2026, with the contract valued at £45,807.52.

For businesses specialising in fine art insurance services, this contract represents a significant opportunity to partner with local government entities such as Derby City Council. The tender is open to small and medium-sized enterprises (SMEs), enhancing opportunities for niche providers in the insurance sector. Additionally, businesses with a robust understanding of museum and gallery insurance requirements would be well-positioned to compete in similar tenders, helping them establish a strong foothold in public sector contracts related to art insurance.

How relevant is this notice?

Notice Title

W824 - Fine Art Insurance

Notice Description

Provision of specialist Fine Art insurance cover for Derby City Council's art collection and loaned exhibits.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9b3d22a0-5f40-4bb3-bcb8-e558e8ef1fe5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/01f97484-872d-4c3f-bbb5-dfa33a5dccd0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£45,807 Under £100K
Lots Value
Not specified
Awards Value
£45,807 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jul 20261 weeks ago
Submission Deadline
30 Mar 2026Expired
Future Notice Date
Not specified
Award Date
30 Mar 20264 months ago
Contract Period
31 Mar 2026 - 31 Mar 2027 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
DERBY CITY 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
DERBY
Postcode
DE1 2FS
Post Town
Derby
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF East Midlands (England)

Local Authority
Derby
Electoral Ward
Darley
Westminster Constituency
Derby South

Supplier Information

Number of Suppliers
1
Supplier Name

AXA XL SYNDICATE

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.

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