Award

Insurance Brokerage & Associated Services

FCO SERVICES

This public procurement record has 1 release in its history.

Award

05 Oct 2020 at 14:04

Award Notice
Summary of the contracting process

The public procurement process involves FCO SERVICES as the buying organisation, which has initiated a tender for "Insurance Brokerage & Associated Services" under the financial and insurance services category. The tender was awarded on 13 August 2020, and the contract period runs from 14 August 2020 to 19 June 2021. The total value of the contract is £559,841.84. The procurement was conducted using a selective method as a call-off from an existing framework. The delivery location is specified as Milton Keynes, with a notable postal code MK19 7BE.

This tender presents significant opportunities for small and medium-sized enterprises (SMEs) within the financial services sector, particularly those specialising in insurance brokerage and associated services. Companies that have the capacity to manage large scale contracts and possess relevant industry experience would be well-suited to compete in this procurement process. The active contract with Willis Limited demonstrates that successful bidders can secure substantial contracts, fostering business growth through governmental partnerships.

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Notice Information

Notice Title

Insurance Brokerage & Associated Services

Notice Description

Call off from OGD Framework Ref: XLY102/001/17

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-af383fdc-b5cd-45a2-ac50-5113b67f9c2c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d9bf07c3-a9ba-43f8-91e1-8a8017b3d4c2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£559,841 £500K-£1M
Lots Value
Not specified
Awards Value
£559,841 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Oct 20205 years ago
Submission Deadline
12 Aug 2020Expired
Future Notice Date
Not specified
Award Date
12 Aug 20205 years ago
Contract Period
13 Aug 2020 - 19 Jun 2021 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
FCO SERVICES
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MILTON KEYNES
Postcode
MK19 7BH
Post Town
Milton Keynes
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ12 Milton Keynes
Delivery Location
Not specified
Local Authority
Milton Keynes
Electoral Ward
Newport Pagnell North & Hanslope
Westminster Constituency
Milton Keynes North

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS

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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