Award

Provision of Insurance Policies

TRANSPORT FOR GREATER MANCHESTER

This public procurement record has 1 release in its history.

Award

15 May 2018 at 11:20

Award Notice
Summary of the contracting process

The public procurement process conducted by Transport for Greater Manchester involves the provision of insurance policies, specifically for TfGM and Metrolink, with a total contract value of £1,500,000. The procurement process is complete, having progressed through to award following the tender period that ended on 16th February 2018. The contract period commenced on 1st April 2018 and will conclude on 31st March 2021. The relevant industry category is insurance services, and the geographical focus is on the North West region of the United Kingdom, specifically Manchester.

This tender presents an opportunity for businesses in the insurance sector, particularly large-scale insurance providers, to expand their reach within public sector contracts. Competing businesses should be capable of offering diverse insurance services, including professional indemnity, commercial combined insurance, and excess liability coverage, tailored to the transportation industry. As this contract is awarded to multiple suppliers, it indicates potential for collaborative opportunities or sub-contracting for businesses looking to break into public procurement in the insurance domain.

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Notice Information

Notice Title

Provision of Insurance Policies

Notice Description

Award of the provision of Insurance Policies for TfGM and Metrolink excluding Broking Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cc6eb6f2-622d-44c2-9942-1a9d9bf7a575
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e075ae85-5699-41ec-b2d1-586f0b778af1
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
£1,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,382,365 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
15 May 20187 years ago
Submission Deadline
16 Feb 2018Expired
Future Notice Date
Not specified
Award Date
21 Mar 20187 years ago
Contract Period
31 Mar 2018 - 31 Mar 2021 3-4 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
TRANSPORT FOR GREATER MANCHESTER
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MANCHESTER
Postcode
M1 3BG
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
TLD North West (England)
Local Authority
Manchester
Electoral Ward
Piccadilly
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
5
Supplier Names

AIG EUROPE

ALLIANZ INSURANCE

CHUBB EUROPEAN GROUP

QBE INSURANCE

ROYAL & SUN ALLIANCE INSURANCE

Further Information

Notice Documents

Notice URLs

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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