Award

GB-Street: Insurances - Durham Aged Mineworkers' Homes Association

BIP SOLUTIONS LIMITED

This public procurement record has 1 release in its history.

Award

12 May 2025 at 14:10

Award Notice
Summary of the contracting process

The public procurement process for the contract "GB-Street: Insurances - Durham Aged Mineworkers' Homes Association" has been successfully completed. The buying organisation, BIP SOLUTIONS LIMITED, based in Chester le Street, UK, managed the procurement, which falls under the category of insurance services (CPV 66510000). The scope included various insurances such as Property Owners Insurance and Cyber Insurance, among others. The procurement stage reached the award status on 22 January 2025, with the contract period commencing on 1 February 2025 and concluding on 31 January 2026. The procurement was conducted through a method described as "Other - Not specified" and the contract was awarded to Marsh Insurance Brokers, a large-scale supplier located in Reading, UK. The total value of the contract was £123,381.13.

This tender presents business growth opportunities particularly for companies specialising in insurance services. Large insurance firms, like Marsh Insurance Brokers, capable of handling comprehensive coverage including niche areas such as Cyber and Terrorism Insurance, were deemed suitable. Companies looking to expand their portfolio in the North East region of the UK, or those aiming to establish a clientele among housing associations, would find similar opportunities lucrative. The process and requirements suggest that entities with robust service delivery capabilities and experience in public sector contracts would be well-positioned to compete in similar future tenders.

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Notice Information

Notice Title

GB-Street: Insurances - Durham Aged Mineworkers' Homes Association

Notice Description

Insurances for Durham Aged Mineworkers' Homes Association , awarded through our Brokers Marsh Insurance Brokers. Insurance Broker Fee Property Owners Insurance Excess Liability Insurance Computers Insurance Computer Terrorism Insurance Contractors All Risks Insurance CAR Terrorism Insurance Directors & Officers & Entity Insurance Professional Indemnity Insurance Cyber Insurance Crime Insurance Legal Expenses Insurance Group Personal Accident Insurance

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9c886891-2305-48bc-8540-cab8fb5d3499
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7c886ff3-f6f2-41b3-b237-4cd4a3b82c34
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 - Not specified
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
£123,381 £100K-£500K
Lots Value
Not specified
Awards Value
£123,381 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 May 20259 months ago
Submission Deadline
22 Jan 2025Expired
Future Notice Date
Not specified
Award Date
22 Jan 20251 years ago
Contract Period
1 Feb 2025 - 31 Jan 2026 6-12 months
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
BIP SOLUTIONS LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CHESTER LE STREET
Postcode
DH3 3YH
Post Town
Durham
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
TLC North East (England)
Local Authority
County Durham
Electoral Ward
Chester-le-Street West Central
Westminster Constituency
North Durham

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH INSURANCE BROKERS

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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