Tender

Provision of Insurance and related services to Torus62 Limited

TORUS62 LIMITED

This public procurement record has 1 release in its history.

Tender

21 Feb 2025 at 14:50

Summary of the contracting process

Torus62 Limited, based in Merseyside, UK, is seeking the provision of insurance and related services. This procurement, classified under the insurance services industry (CPV 66510000), covers various locations including British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom. The procurement is currently in the tender stage, with the tender period ending on 14th April 2025. The contract period is set to commence on 28th November 2025 and will run until 27th November 2028. This tender follows a selective procurement method, specifically a negotiated procedure, with a total contract value estimated at GBP 30,630,000.

This tender presents significant growth opportunities for businesses specialising in insurance services. Larger enterprises with robust capabilities in providing comprehensive insurance solutions will find this opportunity well-suited to their expertise. Given the extensive reach of the required services, companies with experience in managing insurance across diverse geographical locations stand to benefit. Additionally, businesses looking to expand their client portfolio to include significant entities such as Torus62 Limited can leverage this tender to secure a long-term partnership and substantial contract value.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Provision of Insurance and related services to Torus62 Limited

Notice Description

Provision of Insurance and related services to Torus62 Limited

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b446f97b-309c-44f2-9f57-c0b02bd1ea25
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c32bde2f-0f79-4684-ba88-2139affddb40
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£30,630,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Feb 20251 years ago
Submission Deadline
14 Apr 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
28 Nov 2025 - 27 Nov 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
TORUS62 LIMITED
Contact Name
Not specified
Contact Email
jeremy.flint@gibbslaidler.co.uk
Contact Phone
+447841632923

Buyer Location

Locality
MERSEYSIDE
Postcode
WA9 1LD
Post Town
Warrington
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD71 East Merseyside
Delivery Location
Not specified

Local Authority
St. Helens
Electoral Ward
Peasley Cross & Fingerpost
Westminster Constituency
St Helens South and Whiston

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-b446f97b-309c-44f2-9f57-c0b02bd1ea25-2025-02-21T14:50:04Z",
    "date": "2025-02-21T14:50:04Z",
    "ocid": "ocds-b5fd17-b446f97b-309c-44f2-9f57-c0b02bd1ea25",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "BIP924663368",
        "title": "Provision of Insurance and related services to Torus62 Limited",
        "description": "Provision of Insurance and related services to Torus62 Limited",
        "datePublished": "2025-02-21T14:50:03Z",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "66510000",
            "description": "Insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 30630000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Negotiated procedure",
        "tenderPeriod": {
            "endDate": "2025-04-14T17:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2025-11-28T00:00:00Z",
            "endDate": "2028-11-27T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/c32bde2f-0f79-4684-ba88-2139affddb40",
                "datePublished": "2025-02-21T14:50:03Z",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "tenderNotice",
                "description": "Please follow this link to view the notice.",
                "url": "https://www.delta-esourcing.com/tenders/UK-UK-Merseyside:-Insurance-services./396R9YB627"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-310678",
            "name": "Torus62 Limited",
            "identifier": {
                "legalName": "Torus62 Limited"
            },
            "address": {
                "streetAddress": "4 Corporation Street, Helena Central",
                "locality": "Merseyside",
                "postalCode": "WA9 1LD",
                "countryName": "UK"
            },
            "contactPoint": {
                "email": "jeremy.flint@gibbslaidler.co.uk",
                "telephone": "+447841632923"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-310678",
        "name": "Torus62 Limited"
    }
}