Award

Insurance Premiums 2023-2026

CORNWALL COUNCIL

This public procurement record has 1 release in its history.

Award

13 Jul 2023 at 15:11

Summary of the contracting process

The Cornwall Council has recently awarded a contract for Insurance Premiums 2023-2026, valued at £15,400,000, with a contract period from April 1, 2023, to March 31, 2026. This procurement falls under the financial and insurance services category and was conducted using an "Other" procurement method. The tender deadline was on March 31, 2023, with the contract awarded on the same day, offering opportunities for insurance and financial services businesses in the UK.

Small and medium enterprises (SMEs) in the insurance sector, particularly those providing risk management services, could benefit from the recently awarded insurance premiums contract by the Cornwall Council. The contract presents a growth opportunity for insurance companies like Risk Management Partners Ltd. and Zurich Municipal, which were successful in securing the contract. Businesses that offer specialized insurance services and have the capacity to handle large-scale contracts may find this tender suitable for expanding their operations within the financial and insurance services industry.

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Notice Title

Insurance Premiums 2023-2026

Notice Description

Insurance Premiums 2023-2026

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b501cc25-29cf-4f53-8c60-6d2323078066
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0e62809a-5066-4ce3-a5df-a4299b80ba41
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 -
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£15,400,000 £10M-£100M
Lots Value
Not specified
Awards Value
£15,400,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jul 20232 years ago
Submission Deadline
31 Mar 2023Expired
Future Notice Date
Not specified
Award Date
30 Mar 20232 years ago
Contract Period
31 Mar 2023 - 31 Mar 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CORNWALL 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
TRURO
Postcode
TR1 3AY
Post Town
Truro
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK3 Cornwall and Isles of Scilly
Small Region (ITL 3)
TLK30 Cornwall and Isles of Scilly
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Cornwall
Electoral Ward
Truro Boscawen & Redannick
Westminster Constituency
Truro and Falmouth

Supplier Information

Number of Suppliers
3
Supplier Names

MAVEN PUBLIC SECTOR

RISK MANAGEMENT PARTNERS

ZURICH MUNICIPAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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