Award

SCR Urban Development Fund and SY Property Investment Company Insurance

SHEFFIELD CITY COUNCIL

This public procurement record has 1 release in its history.

Award

28 Jan 2025 at 15:39

Summary of the contracting process

Sheffield City Council has successfully completed the procurement process for liability insurance catering to the Sheffield City Region Urban Development Fund and South Yorkshire Property Investment Company. The tender, titled "SCR Urban Development Fund and SY Property Investment Company Insurance," falls under the insurance services industry category and targets the Yorkshire and the Humber region in the United Kingdom. Key details include the end of the tender period on 7th December 2024 and the contract period spanning from 17th December 2024 to 16th December 2025. The procurement method is categorised as "Other - ", and the value of the awarded contract is £27,686.40. This award status was activated and published on 28th January 2025 and vests in Chubb European Group SE and Zurich Insurance plc as the suppliers.

This tender presents a strategic business growth opportunity for large insurance providers with a robust service portfolio in public sector projects. It offers a significant foothold in the public insurance sector associated with regional urban development and property investment. Businesses positioned to compete effectively are those capable of delivering comprehensive insurance solutions, tailoring their offerings to meet regional and development-specific liability requirements. Moreover, having certification and experience with high-value, large-scale contracts would be an advantage in securing similar future opportunities.

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Notice Title

SCR Urban Development Fund and SY Property Investment Company Insurance

Notice Description

Liability insurance for Sheffield City Region Urban Development Fund and South Yorkshire Property Investment Company

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ef0c7090-1d07-4f98-b848-a4b560697e16
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b2ce25d5-e913-4834-a10d-ced58ab05c2f
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
£27,686 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jan 20251 years ago
Submission Deadline
7 Dec 2024Expired
Future Notice Date
Not specified
Award Date
28 Jan 20251 years ago
Contract Period
17 Dec 2024 - 16 Dec 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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
2
Supplier Names

CHUBB EUROPEAN GROUP

ZURICH INSURANCE

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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