Award

Stockport Insurance Tender 2022

STOCKPORT METROPOLITAN BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

21 Feb 2023 at 11:05

Summary of the contracting process

The Stockport Metropolitan Borough Council has recently awarded a contract for Stockport Insurance Tender 2022 in the financial and insurance services category. The procurement process was conducted through an open procedure, with a contract value of GBP 7,659,740. The tender period ended on 23rd September 2022, and the contract period lasts from 29th November 2022 to 28th November 2025. The awarded suppliers are Zurich Municipal and Travelers Ins Co Ltd.

This tender presents opportunities for businesses in the financial and insurance services sector to engage with the Stockport Metropolitan Borough Council. Small and medium-sized enterprises (SMEs) are well-suited to compete for this contract. Businesses interested in providing insurance services to public sector entities in the North West region of the United Kingdom should consider exploring potential partnerships or future tender opportunities with the Stockport Metropolitan Borough Council.

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Notice Title

Stockport Insurance Tender 2022

Notice Description

To enter into new contracts with the relevant insurers to provide the Council with sufficient protection for its assets whilst balancing this with a risk based approached towards self-insuring where possible to save premiums.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f350f226-4f7e-4b42-b4d5-38aa9866cebb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/68e954dd-8e3e-490c-9ac7-5eb876b26b06
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
£7,659,740 £1M-£10M
Lots Value
Not specified
Awards Value
£4,357,734 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Feb 20233 years ago
Submission Deadline
23 Sep 2022Expired
Future Notice Date
Not specified
Award Date
28 Nov 20223 years ago
Contract Period
29 Nov 2022 - 28 Nov 2025 3-4 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
STOCKPORT METROPOLITAN 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
STOCKPORT
Postcode
SK1 3XE
Post Town
Stockport
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD35 Greater Manchester South East
Delivery Location
TLD North West (England)

Local Authority
Stockport
Electoral Ward
Brinnington & Stockport Central
Westminster Constituency
Stockport

Supplier Information

Number of Suppliers
2
Supplier Names

TRAVELERS INS

ZURICH MUNICIPAL

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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