Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Management of captive Insurance Company Rutherford Indemnity Limited

International Nuclear Services Ltd

This public procurement record has 1 release in its history.

Award

17 Apr 2020 at 09:00

Award Notice
Summary of the contracting process

The procurement process involves the management of the captive insurance company, Rutherford Indemnity Limited, initiated by International Nuclear Services Ltd, a buyer based in Cumbria, England. The tender, titled "Management of Captive Insurance Company Rutherford Indemnity Limited," falls under the financial and insurance services category (CPV code 66000000) and has reached the award stage as of 1st August 2018. Although the contract period began on the same date, it extends until 31st August 2021. The procurement method utilised was an open procedure, and the project has a total contract value of £300,000.

This tender represents a significant opportunity for businesses within the insurance sector, particularly those offering services related to varied insurance programmes including marine, property, and liability coverages. Small and medium-sized enterprises (SMEs) would find their interests aligned with the contracting authority's needs, particularly given the open nature of the procedure which encourages competition. Companies experienced in insurance management and underwriting would be well-suited to pursue this opportunity and potentially expand their market presence through collaboration with a notable contracting authority such as International Nuclear Services Ltd.

How relevant is this notice?

Notice Information

Notice Title

Management of captive Insurance Company Rutherford Indemnity Limited

Notice Description

NDA buys an insurance programme from the commercial insurance market. The current programme includes crime, marine radiation, marine cargo, motor, private medical, property damage, public liability, radiation liability, rail freight liability, contractors all risks, nuclear site & marine liability, group life, private medical, professional indemnity, directors' and officers', airside liability, employers' liability, personal accident/ travel, group income protection, marine hull, rail operators' liability .Rutherford participates in the NDA insurance programme underwriting crime, marine radiation, marine cargo, motor, private medical, property damage, public liability, radiation liability, rail freight liability, contractors all risks, nuclear site & marine liability, marine hull, personal accident/travel and group life

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d6a9cfd0-98bf-46b8-a73e-694bfbb2d3b8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/559b2250-ffd7-433b-9609-1fb120107f00
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£300,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Apr 20206 years ago
Submission Deadline
11 May 2018Expired
Future Notice Date
Not specified
Award Date
1 Aug 20188 years ago
Contract Period
1 Aug 2018 - 31 Aug 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
International Nuclear Services Ltd
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CUMBRIA
Postcode
CA24 3HU
Postcode Area
Carlisle
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
Not specified
Local Authority
Cumberland
Electoral Ward
Egremont North and St Bees
Westminster Constituency
Whitehaven and Workington

Supplier Information

Number of Suppliers
1
Supplier Name

Marsh Management Services Guernsey Limited

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...