Award

AWARDED - SBC 0418 CCS Lot 1 Insurance Services RM3731 - Lot 6 Engineering Insurance and Statutory Inspection

STEVENAGE BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

16 Jul 2019 at 14:49

Award

14 Nov 2018 at 09:22

Summary of the contracting process

The procurement process for the 'AWARDED - SBC 0418 CCS Lot 1 Insurance Services RM3731 - Lot 6 Engineering Insurance and Statutory Inspection' contract, initiated by Stevenage Borough Council, successfully concluded in August 2018. The contract, valued at £159,057.20, pertains to the provision of engineering insurance and statutory inspection services within the East of England. The procurement method employed was selective, carried out through a call-off from a framework agreement. The contract's effective period is from 1st October 2018 to 30th September 2021, with the tender period having ended on 8th June 2018.

This award presents significant opportunities for firms in the insurance services sector, particularly those offering engineering insurance and related statutory inspection functionalities. Companies that can provide compliant and robust insurance solutions, especially those with experience in working with local councils or public sector entities, would be well-positioned to pursue similar contracts or partnerships. As the completed contract showcases, the engagement of larger firms like Risk Management Partners indicates a market trend favouring established suppliers, which smaller or medium-sized enterprises may strive to challenge through competitive offerings.

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Notice Title

AWARDED - SBC 0418 CCS Lot 1 Insurance Services RM3731 - Lot 6 Engineering Insurance and Statutory Inspection

Notice Description

Lot 6 Engineering Insurance and Statutory Inspection

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bbdfdb64-582e-4e23-a62d-7331ea4aa538
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8c8406f0-715c-4e0b-bad8-7cb41c63f92d
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£159,057 £100K-£500K
Lots Value
Not specified
Awards Value
£159,057 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jul 20196 years ago
Submission Deadline
8 Jun 2018Expired
Future Notice Date
Not specified
Award Date
1 Aug 20187 years ago
Contract Period
30 Sep 2018 - 30 Sep 2021 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
STEVENAGE BOROUGH COUNCIL
Contact Name
Corporate Procurement
Contact Email
procurement@stevenage.gov.uk
Contact Phone
01438242242

Buyer Location

Locality
STEVENAGE
Postcode
SG1 1HN
Post Town
Stevenage
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified

Local Authority
Stevenage
Electoral Ward
Old Town
Westminster Constituency
Stevenage

Supplier Information

Number of Suppliers
1
Supplier Name

RISK MANAGEMENT PARTNERS

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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