This public procurement record has 2 releases in its history.

AwardUpdate

14 Jun 2018 at 07:36

Award

28 Apr 2018 at 12:33

Summary of the contracting process

The procurement process for the "Insurance Tender Excluding Broker Services" was conducted by Wandsworth Borough Council, located in London, UK, as part of the services industry. The tender was initiated as a selective procurement method through a negotiated procedure, with a total contract value of £8,866,530. The tender period concluded on 29th March 2018, and the resulting contract commenced on 1st April 2018, with an end date set for 31st March 2023.

This tender presents significant opportunities for growth within the insurance services sector. Companies specialising in providing comprehensive insurance solutions, particularly those equipped to handle municipal contracts, would be ideal candidates for participation. Notably, larger firms, as indicated by the scale of previous suppliers, such as Zurich Insurance plc and Aviva Insurance Limited, may find this tender beneficial, while also allowing smaller or new entrants to explore potential partnerships for enhanced competitive advantage.

How relevant is this notice?

Notice Title

Insurance Tender Excluding Broker Services

Notice Description

Text to be corrected in the original notice: Place of text to be modified: previous publication Instead of: Not provided Read: Contract Notice: 2017/S 212-440574 Insurance Tender excluding Broker Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dd475778-7d74-4764-ae73-4663fa118455
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f54629a1-cda2-44cc-8245-ea3ab2514f60
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
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
£8,866,530 £1M-£10M
Lots Value
Not specified
Awards Value
£8,866,530 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jun 20188 years ago
Submission Deadline
29 Mar 2018Expired
Future Notice Date
Not specified
Award Date
29 Mar 20188 years ago
Contract Period
1 Apr 2018 - 31 Mar 2023 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
Wandsworth Borough 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
LONDON
Postcode
SW18 2PU
Postcode Area
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI34 Wandsworth
Delivery Location
TLI London

Local Authority
Wandsworth
Electoral Ward
Wandsworth Town
Westminster Constituency
Putney

Supplier Information

Number of Suppliers
4
Supplier Names

Zurich Insurance Plc

Zurich Municipal

Risk Management Partners

Aviva Insurance Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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