Award

Heart of the City Block B & C Insurance

SHEFFIELD CITY COUNCIL

This public procurement record has 1 release in its history.

Award

24 Jul 2024 at 08:05

Summary of the contracting process

The procurement process for the "Heart of the City Block B & C Insurance" contract, managed by Sheffield City Council, pertains to the insurance services industry category. The contract, valued at GBP 52,500, focuses on providing a property owners insurance policy for Blocks B and C of the Heart of the City buildings located in Yorkshire and the Humber, United Kingdom. The procurement method is classified as "Other" and the process has reached the award stage, with the contract period specified from 18th July 2024 to 17th July 2025. The key deadlines included the tender period ending on 28th June 2024 and the award being published on 24th July 2024. The supplier, Travelers Insurance Company Limited, was awarded the contract on 10th July 2024.

This tender presents significant opportunities for businesses within the insurance services sector, particularly those capable of offering comprehensive property insurance solutions. Despite being awarded to a large-scale supplier, SMEs and other insurance firms can leverage insights from this procurement to tailor their offerings, enhance their competitiveness, and prepare for future tenders in similar urban redevelopment projects. The involvement of Sheffield City Council as the buying organisation underscores the potential for businesses to engage with local government procurement opportunities, fostering growth and expansion within the public sector marketplace.

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Notice Title

Heart of the City Block B & C Insurance

Notice Description

Property Owners insurance policy for block B & C of the Heart of the City buildings

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e1bc7006-0962-4ddc-917f-55745ffda164
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/21380d35-23fb-4b8c-a52a-4459cdcbf66c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
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
Not specified
Lots Value
Not specified
Awards Value
£52,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jul 20241 years ago
Submission Deadline
28 Jun 2024Expired
Future Notice Date
Not specified
Award Date
9 Jul 20241 years ago
Contract Period
17 Jul 2024 - 17 Jul 2025 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
SHEFFIELD CITY COUNCIL
Contact Name
Tim Dent
Contact Email
tim.dent@sheffield.gov.uk
Contact Phone
+44 01142053646

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2HH
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

TRAVELERS INSURANCE

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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