Award

Insurance for Leaseholder Properties (C2)

WOKING BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

27 Jul 2020 at 06:30

Summary of the contracting process

The procurement process for Insurance for Leaseholder Properties (C2) was conducted by Woking Borough Council, located in Woking, South East England. The tender, which falls under the classification of Insurance services with an estimated value of £400,000, was awarded following an open procurement method. The contract is set to commence on 1st April 2020 and will run until 31st March 2025. The tender period concluded on 19th March 2020, marking the end of the bidding phase.

This tender presents a significant opportunity for businesses, particularly those within the insurance sector, to engage with a local authority and expand their client base. Companies specialising in domestic insurance, especially those with experience in leasehold properties, would be well-positioned to compete. With the contract being a substantial value over five years, it could facilitate growth for suppliers that can demonstrate robust coverage options and excellent customer service.

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Notice Title

Insurance for Leaseholder Properties (C2)

Notice Description

Woking Borough Council (WBC) is seeking to procure Insurance cover for domestic leaseholder properties

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f3e39dbc-dfaf-41e5-8e83-b8717bb81318
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b6d19c0a-e569-4038-bd97-7e08a8f32ed1
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
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
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
£400,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jul 20205 years ago
Submission Deadline
19 Mar 2020Expired
Future Notice Date
Not specified
Award Date
19 Mar 20205 years ago
Contract Period
31 Mar 2020 - 31 Mar 2025 Over 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
WOKING 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
WOKING
Postcode
GU21 6YL
Post Town
Guildford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
TLJ South East (England)

Local Authority
Woking
Electoral Ward
Canalside
Westminster Constituency
Woking

Supplier Information

Number of Suppliers
1
Supplier Name

OCASO

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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