Award

SBC 0623 - Procurement of Insurance Placement through YPO DPS 978

STEVENAGE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

27 Sep 2023 at 14:55

Award Notice
Summary of the contracting process

The Stevenage Borough Council has awarded a contract for Lot 3 Leasehold Buildings Insurance, valued at £1,466,265. The procurement method used was selective, with the contract awarded to Protector Insurance. The contract period is from 1st October 2023 to 30th September 2026, with extension options available. The Council is located in Stevenage, East of England, United Kingdom, and the procurement opportunity was part of services category.

This tender presents an opportunity for insurance firms, especially those with experience in leasehold buildings insurance services, to compete for business growth. Small and medium enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are encouraged to participate. The buying organisation, Stevenage Borough Council, emphasises the importance of quality insurance service providers to ensure the protection of leasehold buildings.

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Notice Information

Notice Title

SBC 0623 - Procurement of Insurance Placement through YPO DPS 978

Notice Description

Lot 3 Leasehold Buildings Insurance

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cfd71eb6-bfe3-4e80-8edb-b0f941de653c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e0d8ee43-387a-40e1-9a61-cc3a88b1c43d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£1,466,265 £1M-£10M
Lots Value
Not specified
Awards Value
£1,466,265 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Sep 20232 years ago
Submission Deadline
31 Jul 2023Expired
Future Notice Date
Not specified
Award Date
24 Sep 20232 years ago
Contract Period
30 Sep 2023 - 30 Sep 2026 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
STEVENAGE BOROUGH COUNCIL
Contact Name
Not specified
Contact Email
procurement@stevenage.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
STEVENAGE
Postcode
SG1 1HN
Post Town
Stevenage
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
Stevenage
Electoral Ward
Old Town
Westminster Constituency
Stevenage

Supplier Information

Number of Suppliers
1
Supplier Name

PROTECTOR INSURANCE

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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