Award

Provision of Insurance and related services to Gentoo Group Ltd

GENTOO GROUP LTD

This public procurement record has 1 release in its history.

Award

19 Oct 2022 at 14:20

Summary of the contracting process

The Gentoo Group Ltd has awarded a contract for the provision of insurance and related services. The contract covers property, legal liability, and other general insurable risks, with a value of £3.7 million. The procurement method used was a selective process, specifically a Negotiated procedure. The contract period runs from 1st October 2022 to 30th September 2025. The buying organisation, Gentoo Group Ltd, is located in Sunderland, UK. The procurement process reached the award stage on 30th September 2022.

This tender presents an opportunity for businesses in the insurance services sector, especially those specialising in property, legal liability, and general insurance risks. Small and medium-sized enterprises (SMEs) may find this contract particularly suitable. Businesses interested in providing services to public authorities for insurance solutions should consider engaging with Gentoo Group Ltd. The contract value of £3.7 million signifies a significant business opportunity for the successful suppliers, Zurich Municipal and Weald Insurance Brokers.

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Notice Title

Provision of Insurance and related services to Gentoo Group Ltd

Notice Description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Gentoo Group Ltd.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dccd0a93-fe50-40a6-8a54-009ca47dbf4b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1cf58736-0c66-4087-9546-ed3c675fe7ba
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£3,900,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,700,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
19 Oct 20223 years ago
Submission Deadline
29 Sep 2022Expired
Future Notice Date
Not specified
Award Date
29 Sep 20223 years ago
Contract Period
30 Sep 2022 - 30 Sep 2025 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
GENTOO GROUP LTD
Contact Name
Not specified
Contact Email
jeff.laidler@gibbslaidler.co.uk
Contact Phone
+441959562242

Buyer Location

Locality
SUNDERLAND
Postcode
SR3 3XR
Post Town
Sunderland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC44 Sunderland
Delivery Location
Not specified

Local Authority
Sunderland
Electoral Ward
Doxford
Westminster Constituency
Houghton and Sunderland South

Supplier Information

Number of Suppliers
2
Supplier Names

WEALD INSURANCE BROKERS

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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