Award

Trade Credit Insurance

THE UNITED KINGDOM HYDROGRAPHIC OFFICE

This public procurement record has 1 release in its history.

Award

01 Oct 2018 at 11:48

Award Notice
Summary of the contracting process

The procurement process for a Trade Credit Insurance contract has been completed by the United Kingdom Hydrographic Office, based in Taunton, England. The contract was valued at £223,238 and falls under the credit insurance services category (CPV code 66517100). The procurement method used was a direct approach, specifically a single tender action below the threshold. The contract period commenced on 6th June 2018 and will run until 31st May 2019. The award date for this contract was 30th May 2018, and the formal publication occurred on 1st October 2018.

This tender presents significant opportunities for businesses specialising in credit insurance services, particularly those with the capability to manage policies effectively for government contracts. Companies that are well-equipped to handle insurance services on a larger scale may find this contract aligned with their operational strengths. Additionally, this is a strong opportunity for firms seeking to expand their portfolio within public procurement, especially in the South West region of the United Kingdom.

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Notice Information

Notice Title

Trade Credit Insurance

Notice Description

Trade Credit Insurance

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a0f2eee8-7648-4675-a89c-d387075ad2b0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/27ecc790-323e-4322-984c-7439cb852943
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Not specified
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

66517100 - Credit insurance services

Notice Value(s)

Tender Value
£223,238 £100K-£500K
Lots Value
Not specified
Awards Value
£250,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Oct 20187 years ago
Submission Deadline
30 May 2018Expired
Future Notice Date
Not specified
Award Date
29 May 20187 years ago
Contract Period
5 Jun 2018 - 31 May 2019 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
THE UNITED KINGDOM HYDROGRAPHIC OFFICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
TAUNTON
Postcode
TA1 2DN
Post Town
Taunton
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK62 Somerset
Delivery Location
TLK South West (England)
Local Authority
Somerset
Electoral Ward
Taunton East
Westminster Constituency
Taunton and Wellington

Supplier Information

Number of Suppliers
1
Supplier Name

TOKIO MARINE HCC

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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