Award

Cambridge City Council - Insurance Tender

CAMBRIDGESHIRE DISTRICT COUNCILS

This public procurement record has 2 releases in its history.

Award

01 Apr 2020 at 09:25

Tender

13 Nov 2019 at 19:04

Summary of the contracting process

The Cambridge City Council has completed the Insurance Tender process, classified under the CPV code for insurance services. The procurement method was an open procedure, and the total contract value was £3,000,000, with a minimum value of £2,000,000. The tender period ended on 7th January 2020, and the contract commenced on 1st April 2020, running until 31st March 2025. The procurement occurred in the East of England, and the buyer was Cambridgeshire District Councils, located at the Guildhall in Cambridge.

This tender presents significant opportunities for businesses within the insurance industry, particularly those providing services such as property, motor, and engineering insurance. Small and medium enterprises (SMEs) are particularly encouraged to participate, given the tender's suitability criteria. Suppliers offering a wide range of insurance products, from employers' liability to business interruption, would be well-positioned to compete for this substantial contract, fostering growth in this competitive market.

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Notice Title

Cambridge City Council - Insurance Tender

Notice Description

Lot 1 Property Insurance - Material Damage Property Insurance - All Risks Property Insurance - Business Interruption Property Insurance - Money Computer All Risks Contractors All Risks Lot 2 Employers Liability Public / Products Liability Libel & Slander Hirers Liability Professional Indemnity Officials Indemnity (Incl Public Health Act) Lot 3 Motor Insurance Lot 4 Engineering Insurance & Inspection Lot 5 Fidelity Guarantee (Crime) Lot 6 Personal Accident / Business Travel Lot 7 Terrorism Lot 8 Hired In Plant Additional information: https://procontract.due-north.com

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bc3f64f1-2199-44a9-9e2d-aec822626637
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/251fbf6c-445f-487e-b037-098aa50f73b2
Current Stage
Award
All Stages
Tender, 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

66510000 - Insurance services

Notice Value(s)

Tender Value
£3,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,313,405 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
1 Apr 20205 years ago
Submission Deadline
7 Jan 2020Expired
Future Notice Date
Not specified
Award Date
30 Mar 20205 years ago
Contract Period
31 Mar 2020 - 31 Mar 2025 Over 5 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
CAMBRIDGESHIRE DISTRICT COUNCILS
Contact Name
Karl Tattam
Contact Email
karl.tattum@cambridge.gov.uk
Contact Phone
+44 1223458161

Buyer Location

Locality
CAMBRIDGE
Postcode
CB2 3QJ
Post Town
Cambridge
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
Not specified

Local Authority
Cambridge
Electoral Ward
Market
Westminster Constituency
Cambridge

Supplier Information

Number of Suppliers
3
Supplier Names

PROTECTOR FORSIKRING

RISK MANAGEMENT PARTNERS

ZURICH MUNICIPAL

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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