Award

Housing Transfer Environmental Insurance - North Norfolk Council

I MARTIN ASSOCIATES LIMITED

This public procurement record has 2 releases in its history.

Award

20 Feb 2017 at 14:21

Award Notice
Tender

13 Dec 2016 at 10:10

Tender Notice
Summary of the contracting process

The North Norfolk District Council is seeking tenders for a Housing Transfer Environmental Liability Insurance policy, designated as tender ID IMA/NNDC 2017/2. The procurement process is currently classified as complete, following an open procedure aimed at insurance providers authorised under relevant UK and EU insurance legislation. The contract is set to commence on 31 January 2017 and will last until 12 February 2024, with a total estimated value of £100,000. The tender period concluded on 9 January 2017, and the delivery of services is required in the East of England region.

This procurement opportunity presents significant growth prospects for large insurance firms that meet the necessary regulatory qualifications and financial stability criteria, specifically those rated with an 'A' by Standard & Poor's or an equivalent rating agency. Companies specialising in damage or loss insurance and liability insurance services are encouraged to participate. The provision of confidential information to qualifying bidders will enable informed proposals, making this a strategic initiative for firms looking to expand their operations within the local council contracts sector.

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Notice Information

Notice Title

Housing Transfer Environmental Insurance - North Norfolk Council

Notice Description

Housing Transfer Environmental Liability Insurance policy for North Norfolk District Council only, to run from 31.01.2017 for 7 years and 13 days until 12th February 2024. This tender is open to: Insurance companies authorised under the Insurance Companies Act 1982, authorised and regulated by the Financial Conduct Authority, or authorised and regulated by EU member states' equivalent legislation; able to write the classes of business set out in this notice; and credit and financial strength rating by Standard & Poor's (or equivalent) of 'A'. Confidential Information will be made available to all qualifying prospective tenderers. Additional information: Confidential Information is available to all qualifying prospective tenderers, as set out in the Invitation To Tender attached to this Notice.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cb473f71-8fc8-4069-be70-24665b6e2ee6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f84c3777-df5f-4028-92f1-084600b00fe8
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66515000 - Damage or loss insurance services

66516000 - Liability insurance services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£75,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Feb 20179 years ago
Submission Deadline
9 Jan 2017Expired
Future Notice Date
Not specified
Award Date
24 Jan 20179 years ago
Contract Period
31 Jan 2017 - 12 Feb 2024 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
I MARTIN ASSOCIATES LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROMER
Postcode
NR27 9EN
Post Town
Norwich
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH52 North and West Norfolk
Delivery Location
Not specified
Local Authority
North Norfolk
Electoral Ward
Cromer Town
Westminster Constituency
North Norfolk

Supplier Information

Number of Suppliers
1
Supplier Name

ACE EUROPEAN GROUP

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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