Award

Insurance - Paddington Village Novotel

LIVERPOOL CITY COUNCIL

This public procurement record has 1 release in its history.

Award

02 Jun 2025 at 15:37

Summary of the contracting process

Liverpool City Council has completed a procurement process for insurance services titled "Insurance - Paddington Village Novotel," with a value of £89,718. This project, which falls under the industry category of insurance services, involved obtaining multi-layer insurance cover for the council-owned Novotel hotel located in Paddington Village, England. The procurement was managed through the council's insurance broker, Marsh Limited, and saw the award go to Travelers Insurance Company Limited, American International Group UK Ltd, and Aspen Insurance. The contract period commenced on 1st May 2025 and will run until 30th April 2026. The process, tagged as "award," was concluded on 25th April 2025, with the procurement method category noted as "Other -".

This tender presents opportunities for large-scale insurance firms specialising in multi-layer policies who are looking to expand their portfolios within the UK public sector. As the procurement does not specifically favour SMEs or VCSEs, it is particularly suited to established insurance firms that can offer comprehensive coverage at competitive rates. Businesses with robust capabilities in delivering insurance services to large properties will find this alignment advantageous for creating strategic partnerships and enhancing their market presence through engagements with local council projects like this one.

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Notice Title

Insurance - Paddington Village Novotel

Notice Description

Insurance cover for the council owned Novotel hotel at Paddington Village (PV Novotel). Multi layer policy awarded to Travelers Insurance Company Limited, American International Group UK Ltd and Aspen Insurance through the councils insurance broker Marsh.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bbe04eff-2800-44b4-a033-01f2ac2d57e4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7b019533-3792-4602-8c32-55d7279b8840
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
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
£89,718 Under £100K
Lots Value
Not specified
Awards Value
£89,718 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jun 20258 months ago
Submission Deadline
31 Mar 2025Expired
Future Notice Date
Not specified
Award Date
24 Apr 202510 months ago
Contract Period
30 Apr 2025 - 30 Apr 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LIVERPOOL CITY 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
LIVERPOOL
Postcode
L3 1DS
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
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
Liverpool
Electoral Ward
Waterfront South
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

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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