Award

Insurance Tender excluding Broker Services - Insurance Tender excluding Broker Services

SOUTH TYNESIDE COUNCIL

This public procurement record has 1 release in its history.

Award

21 Nov 2017 at 11:39

Summary of the contracting process

South Tyneside Council has completed a public procurement process for an insurance tender titled "Insurance Tender excluding Broker Services". This procurement, aimed at providing services for South Tyneside Metropolitan Borough Council, South Tyneside Homes Ltd, and South Tyneside Ventures Trust Ltd, was initiated under an open procedure and is classified under the CPV code for insurance services. The contract, valued at £418,274, runs for a period of three years with potential extensions and commenced on 1st December 2017, concluding on 30th November 2020. The procurement's tender period ended on 31st July 2017.

This tender presents significant opportunities for businesses specialising in insurance services, particularly those that can manage large-scale contracts. Companies that are SMEs would find themselves particularly well-suited to compete for such contracts, given the emphasis on encouraging small and medium-sized enterprises in procurement processes. Participation in this contract can help these businesses expand their client base and operational capabilities within the North East region of the United Kingdom.

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Notice Title

Insurance Tender excluding Broker Services - Insurance Tender excluding Broker Services

Notice Description

Insurance Tender excluding Broker Services for South Tyneside Metropolitan Borough Council, South Tyneside Homes Ltd and South Tyneside Ventures Trust Ltd for a 3 +1 + 1 year Long Term Agreement.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b5dc68c5-f04b-4f33-85af-62de77f34bf1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/94cae4a2-46e0-467b-ac05-5134aee9076f
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 (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£418,274 £100K-£500K
Lots Value
Not specified
Awards Value
£420,621 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Nov 20178 years ago
Submission Deadline
31 Jul 2017Expired
Future Notice Date
Not specified
Award Date
20 Nov 20178 years ago
Contract Period
1 Dec 2017 - 30 Nov 2020 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
SOUTH TYNESIDE 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
SOUTH SHIELDS
Postcode
NE33 2RL
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)

Local Authority
South Tyneside
Electoral Ward
Beacon and Bents
Westminster Constituency
South Shields

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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