Notice Information
Notice Title
Provision of Surety Bonds
Notice Description
To appoint an insurance broker, or brokers who will be responsible and accountable for the administration and management of the provision of surety bonds and for the procurement exercise to select a suitable insurer or insurers for the provision of surety bonds. The Public Guardian (PG) was created under the Mental Capacity Act (2005). The OPG is an executive agency of the Ministry of Justice (MoJ) that supports the PG in discharging his duties. The Mental Capacity Act (2005) makes provisions for ways in which decisions can be made on behalf of people in circumstances where they may be incapable of making such decisions personally. In such cases where the person has property or finances and no attorney in place, it will be necessary to apply the CoP for an appropriate deputyship order. Where the CoP appoints a Deputy, it may require a surety bond to be in place for the protection of the person's property and, or finance. The Surety Bond is a guarantee to pay any financial losses arising from the Deputy's failure to fulfil their agreed duty. The CoP decides the value of the Surety Bond.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-b5fd17-c9c9ccfc-088b-492a-b2e9-5afd160ea6ac
- Publication Source
- Contracts Finder
- Latest Notice
- https://www.contractsfinder.service.gov.uk/Notice/39defcf5-67fd-4934-b454-8ffec4d19391
- 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 (above threshold)
- Tender Suitability
- SME
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66500000 - Insurance and pension services
Notice Value(s)
- Tender Value
- £3,110,517 £1M-£10M
- Lots Value
- Not specified
- Awards Value
- £3,110,517 £1M-£10M
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 11 May 20232 years ago
- Submission Deadline
- 13 Oct 2022Expired
- Future Notice Date
- Not specified
- Award Date
- 13 Jan 20233 years ago
- Contract Period
- 31 Mar 2023 - 31 Mar 2028 Over 5 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Not Specified
- Awards Status
- Active
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- MINISTRY OF JUSTICE
- Contact Name
- Available with D3 Tenders Premium →
- Contact Email
- Available with D3 Tenders Premium →
- Contact Phone
- Available with D3 Tenders Premium →
Buyer Location
- Locality
- LEEDS
- Postcode
- LS1 4AP
- Post Town
- Leeds
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI3 Inner London - West
- Small Region (ITL 3)
- TLI35 Westminster and City of London
- Delivery Location
- Not specified
-
- Local Authority
- Westminster
- Electoral Ward
- St James's
- Westminster Constituency
- Cities of London and Westminster
Further Information
Notice Documents
-
https://www.contractsfinder.service.gov.uk/Notice/39defcf5-67fd-4934-b454-8ffec4d19391
11th May 2023 - Awarded contract notice on Contracts Finder -
https://www.contractsfinder.service.gov.uk/Notice/d783de5a-2318-4400-aaa7-ed64635291f7
26th September 2022 - Opportunity notice on Contracts Finder -
https://www.contractsfinder.service.gov.uk/Notice/Attachment/6838205c-d820-4f69-b6b3-81f9a5a56bd3
Insync Insurance Solutions Ltd redacted Concession Agreement -
https://www.contractsfinder.service.gov.uk/Notice/Attachment/9f3899c4-cf1b-409d-8490-c06ab06c2c8a
Howden Insurance Brokers Ltd redacted Concession Agreement -
https://www.contractsfinder.service.gov.uk/Notice/Attachment/780eaa90-cc41-4e73-8def-8365b8355d9b
Marsh Limited redacted Concession Agreement
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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