Award

Third Party Administrator to manage liability claims, on behalf of Rutherford Indemnity Ltd and the Nuclear Decommissioning Authority (NDA)

CTM PORTAL FOR THE NDA SHARED SERVICES ALLIANCE

This public procurement record has 1 release in its history.

Award

18 Nov 2020 at 13:01

Award Notice
Summary of the contracting process

The procurement process entails the appointment of a Third Party Administrator to manage liability claims for Rutherford Indemnity Ltd and the Nuclear Decommissioning Authority (NDA). The contract, initiated via an open tender method and classified under financial and insurance services, is based in England and is currently complete. The contract period is set to commence on 1 December 2020 and conclude on 30 November 2025, with an estimated annual value indicative of £500,000. Key dates include an end date for the tender period on 25 September 2020 and an award date of 10 October 2020.

This tender presents significant opportunities for businesses specialising in claims management and administrative services within the financial and insurance sectors. Companies that excel in providing third-party administration services, particularly those capable of efficiently handling liability claims, would be particularly well-suited to participate. The NDA has indicated that there is no guaranteed expenditure, which underscores the potential for innovative firms to showcase their capabilities in a competitive landscape.

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Notice Information

Notice Title

Third Party Administrator to manage liability claims, on behalf of Rutherford Indemnity Ltd and the Nuclear Decommissioning Authority (NDA)

Notice Description

To ensure that the Nuclear Decommissioning Authority (NDA) and Rutherford Indemnity Ltd (its captive insurer which insures nuclear liability risk) are prepared to operationally respond to "off-site" and transportation liability claims events, Rutherford have engaged the services of Marsh Ltd to create a Claims Management Plan ("the Plan"). The Plan is structured around an operating model consisting of three components One of the requirements of the Plan is to contract with an independent provider of third party administration and claims management services. Please note the estimated annual value is based on Peace Time. The NDA provides no guarantee of expenditure and the estimated value is indicative only

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e3e43163-9085-4d5c-8ac5-0f05360ebe99
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7816409a-eb62-4b34-b414-c4385d9950e2
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20205 years ago
Submission Deadline
24 Sep 2020Expired
Future Notice Date
Not specified
Award Date
9 Oct 20205 years ago
Contract Period
11 Oct 2020 - 13 Oct 2020 30 days
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CTM PORTAL FOR THE NDA SHARED SERVICES ALLIANCE
Contact Name
Leslie Hopcroft
Contact Email
leslie.hopcroft@nda.gov.uk
Contact Phone
+44 1925802255

Buyer Location

Locality
MOOR ROW
Postcode
CA24 3HU
Post Town
Carlisle
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
Not specified
Local Authority
Cumberland
Electoral Ward
Egremont North and St Bees
Westminster Constituency
Whitehaven and Workington

Supplier Information

Number of Suppliers
1
Supplier Name

NOT APPLICABLE

Further Information

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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