Award

Insurance Cover

SEFTON COUNCIL

This public procurement record has 1 release in its history.

Award

20 Dec 2024 at 09:42

Summary of the contracting process

Sefton Council, located in Bootle, England, has completed the procurement process for providing insurance cover through an open procedure. The contract, valued at £3,436,464, falls under the industry category of insurance and pension services (CPV code 66500000). The awarded contract commenced on 29th September 2023 and is set to conclude on 28th September 2026. This procurement process was initiated to secure insurance services as part of the YPO DPS Ref: 000978, under the YPO Framework Name: Insurance Placement DPS. The procurement stage at the current reporting date is 'Award', with the contract notice being published on 20th December 2024.

This tender presents substantial business growth opportunities, especially for small and medium-sized enterprises (SMEs), as indicated by the contract's suitability criteria. The procurement for insurance cover can benefit businesses specialising in insurance services, providing them a significant project worth over £3 million. Such contracts are ideally suited for companies with a strong background in delivering comprehensive insurance solutions to local councils, ensuring coverage and risk management. SMEs looking to expand their portfolio and reputation by working with public sector entities would find this opportunity particularly advantageous.

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Notice Title

Insurance Cover

Notice Description

The Councils provision of Insurance Cover. YPO DPS Ref: 000978 YPO Framework Name: Insurance Placement DPS

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b59e585c-7469-47bc-b909-c1bdee026fd6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7ef64d52-6450-4582-8c06-9cc73b1a1ee4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66500000 - Insurance and pension services

Notice Value(s)

Tender Value
£3,436,464 £1M-£10M
Lots Value
Not specified
Awards Value
£3,436,464 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Dec 20241 years ago
Submission Deadline
25 Jul 2023Expired
Future Notice Date
Not specified
Award Date
22 Aug 20232 years ago
Contract Period
28 Sep 2023 - 28 Sep 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
SEFTON 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
BOOTLE
Postcode
L20 3NJ
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD73 Sefton
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
Sefton
Electoral Ward
Derby
Westminster Constituency
Bootle

Supplier Information

Number of Suppliers
2
Supplier Names

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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