Award

Council Insurance Contract

GREAT AYCLIFFE TOWN COUNCIL

This public procurement record has 1 release in its history.

Award

08 Apr 2024 at 14:09

Summary of the contracting process

The Great Aycliffe Town Council has awarded the Council Insurance Contract for insurance services to James Hallam. The contract, valued at £123,136.89 GBP, will be effective from June 25, 2022, to June 24, 2025. This procurement process followed a limited competitive quotation method with a tender period ending on June 24, 2022. The Council's main insurance policy, covering public liability, and employers liability, was procured to ensure cost-effectiveness and stability in premiums.

This award presents an opportunity for businesses specialising in insurance services to engage with the public sector. Great Aycliffe Town Council, as the contracting authority, based in England, sought services in the insurance industry category. Businesses with expertise in competitive quotation processes and insurance services may find this contract suitable for growth opportunities. The contract duration and value provide stability for the winning supplier and open avenues for similar future tenders in the sector.

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Notice Title

Council Insurance Contract

Notice Description

The Council's main insurance policy including public liability, employers liability and buildings and contents cover. The Council uses the town and parish council insurance broker to arrange its insurance contracts, and they test the market every three to five years and source the most cost effective insurance policy on behalf of the town and parish council sector. The Council has taken up the option of a three-year stability agreement in order to minimise increases in premiums.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e07076d9-7345-4d4b-bccc-7dab3ba02d8d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/057857e9-96ac-4161-9375-297ec0c3b5f2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
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
£41,045 Under £100K
Lots Value
Not specified
Awards Value
£123,136 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Apr 20241 years ago
Submission Deadline
23 Jun 2022Expired
Future Notice Date
Not specified
Award Date
23 Jun 20223 years ago
Contract Period
24 Jun 2022 - 24 Jun 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
GREAT AYCLIFFE TOWN COUNCIL
Contact Name
Tracey Woodhead
Contact Email
tracey.woodhead@great-aycliffe.gov.uk
Contact Phone
01325300700

Buyer Location

Locality
NEWTON AYCLIFFE
Postcode
DL5 6QF
Post Town
Darlington
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
Not specified

Local Authority
County Durham
Electoral Ward
Aycliffe West
Westminster Constituency
Newton Aycliffe and Spennymoor

Supplier Information

Number of Suppliers
1
Supplier Name

JAMES HALLAM

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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