Award

GSS24503 Particle Physics Community Insurance

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 2 releases in its history.

AwardUpdate

02 Oct 2024 at 09:20

Award

25 Sep 2024 at 09:33

Summary of the contracting process

The procurement process for the "GSS24503 Particle Physics Community Insurance" involves the UK Shared Business Services Limited (UK SBS) as the buying organisation. This contract falls under the insurance services industry category, valued at £112,500. The location for delivery is the United Kingdom. The procurement stage is at the Award stage, with key dates including the start of the contract on 9th September 2024 and the end on 30th September 2027. This contract was awarded through a selective procurement method, specifically a call-off from the CCS RM6323 Insurance and Related Services Framework.

This tender presents significant opportunities for businesses specialising in insurance services, particularly those capable of providing comprehensive coverage for niche sectors like particle physics. While this award notice indicates that the contract has already been assigned to Marsh Limited, understanding the procurement framework and the requirements set by UK SBS can help businesses prepare for similar future opportunities. Large-scale providers with relevant expertise in insurance services stand to benefit greatly from participating in these highly specialised tenders.

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Notice Title

GSS24503 Particle Physics Community Insurance

Notice Description

***Please note this is an award notice, not a call for competition*** UK Research and Innovation have a requirement for Particles Physics Community Insurance. This has been sourced via direct award against CCS RM6323 Insurance and Related Services Framework.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dafba997-01e6-4e6f-a8c4-930686c9cb49
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b4f806be-725f-4f65-bea8-f689caad8730
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
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
£112,500 £100K-£500K
Lots Value
Not specified
Awards Value
£112,500 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Oct 20241 years ago
Submission Deadline
8 Jul 2024Expired
Future Notice Date
Not specified
Award Date
8 Sep 20241 years ago
Contract Period
8 Sep 2024 - 30 Sep 2027 3-4 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
UK SHARED BUSINESS SERVICES LIMITED
Contact Name
Not specified
Contact Email
coreservices@uksbs.co.uk
Contact Phone
01793 867005

Buyer Location

Locality
SWINDON
Postcode
SN2 1UH
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

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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