Award

Insurance Consultancy and Insurance Fund Evaluation Tender

CUMBRIA COUNTY COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

31 Mar 2017 at 12:24

Award

31 Mar 2017 at 09:45

Summary of the contracting process

The Insurance Consultancy and Insurance Fund Evaluation Tender, initiated by Cumbria County Council, is a completed procurement process for services in the insurance consultancy industry. The tender, which aimed to provide expert advice on insurance matters and annual fund evaluations, had a total estimated value of £60,000 and a minimum bid value of £58,000. The tender period ended on 15th March 2017, with the contract period running from 1st April 2017 to 31st March 2020. The project is based in North West England, specifically Carlisle.

This tender presents significant opportunities for growth for businesses specialising in insurance consultancy services or actuarial evaluations. Companies with expertise in managing insurance procurement and providing comprehensive evaluations of insurance funds would be well-suited to compete in future tenders of a similar nature. With a focus on delivering tailored insurance solutions, businesses can leverage their knowledge in the insurance market to meet the requirements set forth by public sector organisations like Cumbria County Council.

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Notice Title

Insurance Consultancy and Insurance Fund Evaluation Tender

Notice Description

Insurance Consultancy: the provision of expert advice both on specialist areas and on general insurance matters including advice on developments within the insurance market; and assistance in the procurement of specialist insurance cover (E.G. The Windermere Ferry) Fund Evaluation Services: a specialist actuarial service which provides an annual review, required by an external audit of the council's provision fund for uninsured losses.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f725d43d-7f13-4925-9471-b889f93536ae
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b03d3ff1-26c4-41c7-bcb5-db6025668a36
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

66519310 - Insurance consultancy services

Notice Value(s)

Tender Value
£60,000 Under £100K
Lots Value
Not specified
Awards Value
£58,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
31 Mar 20178 years ago
Submission Deadline
15 Mar 2017Expired
Future Notice Date
Not specified
Award Date
30 Mar 20178 years ago
Contract Period
31 Mar 2017 - 31 Mar 2020 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
CUMBRIA COUNTY 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
CARLISLE
Postcode
CA1 1RD
Post Town
Carlisle
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
TLD North West (England)

Local Authority
Cumberland
Electoral Ward
Castle
Westminster Constituency
Carlisle

Supplier Information

Number of Suppliers
1
Supplier Name

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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