Tender

Insurance Apr 2022 - Mar 2025

BISHOPS STORTFORD TOWN COUNCIL

This public procurement record has 1 release in its history.

Tender

11 Feb 2022 at 10:25

Tender Notice
Summary of the contracting process

Bishop's Stortford Town Council is seeking to procure a comprehensive package of insurance services for the period of April 2022 to March 2025, with an option for extending the contract to March 2027. The contract, with a minimum expected value of £45,000 for three years, is classified under financial and insurance services. The tender was published on 11th February 2022 and closed on 11th March 2022. The procurement process is a limited competitive quotation, suitable for entities that can demonstrate significant advantages for a five-year term.

This tender offers opportunities primarily for insurance providers capable of delivering comprehensive coverage tailored to the needs of local councils. Companies with expertise in managing municipal insurance requirements and the capacity to engage in competitive quotations will be well positioned to compete. Moreover, businesses that can showcase additional benefits or enhancements to existing coverage may find a competitive edge in this procurement process, potentially leading to fruitful long-term partnerships with the council.

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Notice Information

Notice Title

Insurance Apr 2022 - Mar 2025

Notice Description

Comprehensive package of Insurance for Bishop's Stortford Town Council for the period April 2022-Mar 2025 (3 years) or April 2022-Mar 2027 (5 years). If applying for 5 years you must be able to show significant advantages to Bishop's Stortford Town Council over a 3 year term. Current Policy Schedule is supplied as example specification. Due to a large capital receipt mid policy an increase in fidelity guarantee would be beneficial (but is not a requirement of the tender). Value field shows minimum total expected value for a 3 year contract. If you would like to discuss the specification further you can arrange to do so via the contact details provided (by phone, video conference or in person).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c7f390a0-013f-480c-898b-5aba7afda718
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/133e7449-fd2d-4c7a-9bd3-62cad5369362
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£45,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Feb 20224 years ago
Submission Deadline
11 Mar 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2022 - 31 Mar 2025 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BISHOPS STORTFORD TOWN 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
BISHOP'S STORTFORD
Postcode
CM23 2ND
Post Town
Chelmsford
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
East Hertfordshire
Electoral Ward
Bishop's Stortford Central
Westminster Constituency
Hertford and Stortford

Further Information

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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