Award

DBC (SF) 2016 Insurance - Terrorism only - AWARD

ANY OF THE PROJECTS LISTED ON THE PORTAL

This public procurement record has 1 release in its history.

Award

10 Jan 2017 at 15:48

Summary of the contracting process

The procurement process for the "DBC (SF) 2016 Insurance - Terrorism only" contract has been awarded by the buyer, listed as any of the projects on the portal, located in Hemel Hempstead, Hertfordshire, United Kingdom. This contract falls under the insurance services category (CPV code: 66510000) and was initiated through an open tender procedure. The tender period concluded on 29 November 2016, with a total contract value of £104,340 for insurance coverage against acts of terrorism, effective from 31 December 2016 until 30 December 2019. Key contact for the buying organisation is Sue Foster, reachable at sue.foster@dacorum.gov.uk.

This contract presents a significant opportunity for businesses in the insurance sector, particularly those that specialise in providing comprehensive coverage for terrorism risk. The awarded contract to Aon UK Limited indicates a preference for established providers, but small and medium enterprises (SMEs) with competitive offerings in this niche area could leverage their flexibility and innovative solutions to compete. Businesses interested in expanding their portfolios in public procurement should consider similar tenders that focus on specific insurance needs, as they can open doors to future contracts within the public sector.

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Notice Title

DBC (SF) 2016 Insurance - Terrorism only - AWARD

Notice Description

Insurance - Terrorism Cover Insures the property advised to insurers against direct physical loss or physical damage by an act or series of acts of terrorism and / or sabotage occurring during the period of the policy. Renewal date 31 December 2016 Please download documents to read full details of the specification and requirements. Closing date and time for tender is: 12 noon Friday 25 November 2016 Tenders must be uploaded to the e-tendering portal by this time and date. Tenders will not be accepted by any other method.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e077467d-b79b-40a0-ac3e-2757c685fb9e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/83d593db-579d-4936-a4c9-755b78231a9c
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£104,340 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Jan 20179 years ago
Submission Deadline
29 Nov 2016Expired
Future Notice Date
Not specified
Award Date
17 Dec 20169 years ago
Contract Period
31 Dec 2016 - 30 Dec 2019 2-3 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
ANY OF THE PROJECTS LISTED ON THE PORTAL
Contact Name
Sue Foster (DBC)
Contact Email
sue.foster@dacorum.gov.uk
Contact Phone
01442 228346

Buyer Location

Locality
HERTFORDSHIRE
Postcode
HP1 1HH
Post Town
Hemel Hempstead
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH27 South West Hertfordshire
Delivery Location
Not specified

Local Authority
Dacorum
Electoral Ward
Hemel Hempstead Town
Westminster Constituency
Hemel Hempstead

Supplier Information

Number of Suppliers
1
Supplier Name

AON

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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