Award

Wigan Council Tenants' Home Contents Insurance

WIGAN COUNCIL

This public procurement record has 1 release in its history.

Award

20 Apr 2018 at 12:23

Summary of the contracting process

The procurement process for the "Wigan Council Tenants' Home Contents Insurance" has been completed, initiated by Wigan Council, a local government authority in the North West of the United Kingdom. This procurement, classified under insurance services, followed an open procedure and was aimed at providing home contents insurance to tenants of Wigan's housing stock. The contract duration is set for an initial three years with an option to extend for an additional two years, culminating in a maximum possible duration of five years. The estimated contract value ranges from £800,000 to £1,000,000, depending on the uptake of the insurance. The tender period concluded on 3 January 2018, and the contract became effective from 2 April 2018, with an end date of 1 April 2023.

This tender presents significant opportunities for businesses in the insurance industry, particularly those offering damage, fire, and property insurance services. Companies that specialise in insurance brokerage and claims adjustment services may find this contract particularly suited to their offerings. Given the substantial potential contract value and the involvement of a local authority, businesses with expertise in serving public sector clients and a strong understanding of local market needs are encouraged to consider further engagements in similar procurements, enhancing their growth potential in the sector.

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Notice Title

Wigan Council Tenants' Home Contents Insurance

Notice Description

Wigan Council sought bids for Tenants' Home Contents Insurance to be available to tenants of Wigan Council's housing stock, with the possibility to extend to leaseholders and Council staff. The contract will run for 3 years with an option to extend for a further 2 years. Therefore, the total length of the contract will be a maximum of 5 years or 60 months. The contract value detailed within the notice is based on the maximum permissible duration of the contract (5 years/ 60 months.) Contract value is ultimately based on uptake of insurance so is expected to be in the region of PS800,000 - PS1,000,000 over 5 years if all extension options are taken.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f566a8fb-aa53-427e-ad1c-042d11801d0e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2747d562-9b80-4150-8527-557fd04103bb
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

66515000 - Damage or loss insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515300 - Weather and financial loss insurance services

66515400 - Weather-related insurance services

66518000 - Insurance brokerage and agency services

66518100 - Insurance brokerage services

66518200 - Insurance agency services

66518300 - Insurance claims adjustment services

Notice Value(s)

Tender Value
£1,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Apr 20187 years ago
Submission Deadline
3 Jan 2018Expired
Future Notice Date
Not specified
Award Date
31 Mar 20187 years ago
Contract Period
1 Apr 2018 - 1 Apr 2023 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
WIGAN 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
WIGAN
Postcode
WN1 1YN
Post Town
Wigan
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD36 Greater Manchester North West
Delivery Location
TLD North West (England)

Local Authority
Wigan
Electoral Ward
Wigan Central
Westminster Constituency
Wigan

Supplier Information

Number of Suppliers
1
Supplier Name

AON

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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