Award

Insurance Brokerage Service

OFFSHORE RENEWABLE ENERGY CATAPULT

This public procurement record has 2 releases in its history.

Award

05 Apr 2017 at 15:46

Tender

18 Nov 2016 at 20:16

Summary of the contracting process

The Offshore Renewable Energy Catapult is leading the procurement process for an Insurance Brokerage Service, initiated as part of the Catapult programme. The tender process, classified under services related to insurance, encompasses two Lots: Lot 1 for ORE Catapult and Lot 2 for other Catapult centres. The tender was published on 28th July 2016, with the submission deadline set for 5th September 2016. The successful contract period spans from 3rd October 2016 to 2nd October 2020, with a total estimated value of £6,000,000. The procurement method employed is an open procedure.

This tender presents significant growth opportunities for businesses specialising in insurance brokerage services, particularly those with experience in risk management and claims handling. Companies equipped to offer tailored services to different Catapult centres, whether as standalone entities or as part of a service provision partnership, will be well-positioned to compete. The tender allows for submissions for either Lot, making it accessible to a range of SMEs and larger enterprises looking to engage with public sector clients in a growing industry.

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Notice Title

Insurance Brokerage Service

Notice Description

The ITT for Insurance Brokerage Service has been issued by ORE Catapult, as collaboration lead on behalf of the Catapult programme and their Trading Subsidiaries (https://www.catapult.org.uk/). The Insurance Brokerage Service has been divided into 2 Lots to cover the requirements of the Catapult centres. Submissions will be accepted for any one or combination of Lots ie Lot 1 for ORE Catapult (or their trading subsidiary) only and Lot 2 for other Catapult Centres (or their trading subsidiaries) listed in Section 1 of the ITT, or any new Catapult centre created during the term of the framework. Each Catapult (or trading subsidiary) is a legal entity in its own right and therefore individually responsible for any liabilities as a consequence of any Call Off Agreement. Lot 1: ORE Catapult only. The Broker shall be required to provide all of the Service requirements listed below. Core brokerage services; Risk management; Claims handling; Insurance administration; Other support services Further details of the requirement is provided within the ITT document at Appendix B. Lot 2: All other Catapult Centres (Buying Authorities). Each of the Buying Authorities may have requirements for the provision of any or all of the Services as described in the ITT document at Appendix B. Three suitably capable Brokers will be appointed to Lot 2. However, the Authority reserves the right to appoint fewer or more than this number if deemed to be in the best interests of the Buying Authorities, e.g. specific specialist knowledge areas. As each of the Catapult centres will have a different range of requirements, the Broker may need to vary the service provision according to the Buying Authority's needs either by variation to the original service or by taking on new services whatever they may be, provided they are "reasonable" and fall within the overall scope of what the Broker would reasonably be expected to deliver under the terms of this Lot 2 Framework Agreement. The Buying Authority will confirm at Call-Off stage which of the Services they require. NB: some of the work carried out by the Catapult centres may be financed by EU funds. Additional information: All documents can be obtained from the Public Contracts Scotland e-tender portal at http://www.publiccontractsscotland.gov.uk/

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f294a575-adc9-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c836552f-b78f-4ca7-9f7e-c4b6d71b0cea
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
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
£6,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
5 Apr 20178 years ago
Submission Deadline
5 Sep 2016Expired
Future Notice Date
Not specified
Award Date
7 Nov 20169 years ago
Contract Period
8 Nov 2016 - 7 Nov 2020 4-5 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
OFFSHORE RENEWABLE ENERGY CATAPULT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BLYTH
Postcode
NE24 1LZ
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC42 Northumberland
Delivery Location
Not specified

Local Authority
Northumberland
Electoral Ward
Croft
Westminster Constituency
Blyth and Ashington

Supplier Information

Number of Suppliers
3
Supplier Names

AON

GRIFFITHS & ARMOUR

MARSH

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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