Award

Insurance

COLCHESTER BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

28 Sep 2021 at 11:50

Summary of the contracting process

Colchester Borough Council has completed a procurement process for Insurance Services with the total contract value of £950,000. The procurement, executed through a selective procedure, was initiated on 31 July 2021, and the contract was awarded on 28 September 2021. The contract period runs from 1 October 2021 to 31 July 2024, with service delivery primarily in the East of England, UK. This process has successfully led to the engagement of suppliers such as Zurich Insurance Plc and Risk Management Partners.

This tender presents significant growth opportunities for businesses within the insurance services sector. Companies with expertise in providing comprehensive insurance solutions and risk management are ideally suited for similar procurement opportunities. Furthermore, smaller enterprises may find potential partnerships or subcontracting opportunities through larger suppliers already engaged in the contract, thereby facilitating business expansion and collaboration in the industry.

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Notice Title

Insurance

Notice Description

To provide Insurance Services to Colchester Borough Council and its associated companies.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e590a069-0093-4f7c-b390-49f604b2103e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8e7bdc17-383b-4841-a15c-e24d75362836
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted 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
£950,000 £500K-£1M
Lots Value
Not specified
Awards Value
£950,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Sep 20214 years ago
Submission Deadline
30 Aug 2021Expired
Future Notice Date
Not specified
Award Date
30 Jul 20214 years ago
Contract Period
30 Sep 2021 - 31 Jul 2024 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
COLCHESTER 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
COLCHESTER
Postcode
CO3 3WG
Post Town
Colchester
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH34 Essex Haven Gateway
Delivery Location
Not specified

Local Authority
Colchester
Electoral Ward
Castle
Westminster Constituency
Colchester

Supplier Information

Number of Suppliers
2
Supplier Names

RISK MANAGEMENT PARTNERS

ZURICH INSURANCE

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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