Award

Insurance (Includes Property, Liabilities, Motor and Engineering) for South Tyneside Council

SOUTH TYNESIDE COUNCIL

This public procurement record has 1 release in its history.

Award

04 Nov 2022 at 09:09

Summary of the contracting process

The South Tyneside Council has awarded a contract for Insurance (Includes Property, Liabilities, Motor and Engineering), with a total value of £3,430,805. The contract will start on December 1, 2022, and last until November 30, 2029. Businesses in the financial and insurance services industry, particularly SMEs, may find opportunities in providing insurance services to the council located in South Shields, North East, United Kingdom.

This procurement process was conducted through a selective method, specifically calling-off from a framework agreement. The tender period ended on August 19, 2022, with the contract period starting on December 1, 2022. The main procurement category is services, and the Procurement Stage for this tender was marked as 'Award'. Businesses interested in providing property insurance, liabilities, motor insurance, or engineering services should consider engaging with South Tyneside Council in this opportunity.

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Notice Title

Insurance (Includes Property, Liabilities, Motor and Engineering) for South Tyneside Council

Notice Description

South Tyneside Council currently have contracts in place for the provision of the following insurances, property, liabilities, motor and engineering. The current contracts expire on the 30th November 2022. A mini competition is going to be run via the YPO Framework Insurance Placement 978 DPS.. The mini competition will be covering the following lots; Lot 1 - Property Insurance Lot 2 - Liabilities Lot 3 - Motor Insurance Lot 4 - Engineering Inspection and Insurance Contract period 3 years with the option to extend for a further 2 x 2 year.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d7187092-49ad-4013-b0fd-a8cc41dd9cdb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/491b612b-bc24-435f-aec6-a32fc07cca9f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£33,099 Under £100K
Lots Value
Not specified
Awards Value
£3,430,805 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Nov 20223 years ago
Submission Deadline
19 Aug 2022Expired
Future Notice Date
Not specified
Award Date
16 Oct 20223 years ago
Contract Period
1 Dec 2022 - 30 Nov 2029 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
SOUTH TYNESIDE COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SOUTH SHIELDS
Postcode
NE33 2RL
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)

Local Authority
South Tyneside
Electoral Ward
Beacon and Bents
Westminster Constituency
South Shields

Supplier Information

Number of Suppliers
4
Supplier Names

MAVEN PUBLIC SECTOR

PROTECTOR INSURANCE

RISK MANAGEMENT PARTNERS

ZURICH MUNICIPAL

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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