Award

Insurance Brokerage Services for Torbay Council

TORBAY COUNCIL

This public procurement record has 1 release in its history.

Award

19 Jun 2018 at 11:30

Summary of the contracting process

The procurement process involves Torbay Council seeking to appoint an insurance broker for its Insurance Brokerage Services, specifically designed for local unitary authorities. The tender, identified as TORB001-DN335978-84106068, has an award status and is classified under financial and insurance services (CPV code 66000000). The procurement was carried out through a Further Competition under the Crown Commercial Services Framework Agreement, with a total contract value of £30,000. The contract period commences on 19th June 2018 and runs until 18th June 2021. The tender period concluded on 17th May 2018, with the successful award published on 19th June 2018.

This tender presents growth opportunities for businesses experienced in providing specialised insurance services, particularly those that cater to local authorities. As the appointed supplier, Arthur J. Gallagher Insurance Brokers Limited is an example of a well-suited contender, and similar large-scale insurance firms could also engage in future tenders of this nature. With the increasing demand for tailored insurance solutions in the public sector, companies offering innovative and high-end risk management services may find significant potential in bidding for upcoming contracts from local councils and authorities.

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Notice Title

Insurance Brokerage Services for Torbay Council

Notice Description

Torbay Council sought to appoint an Insurance Broker with experience of Local Unitary Authorities in the provision of high end, specialist risk and insurance services. The Authority conducted a Further Competition utilising Crown Commercial Services' (in partnership with YPO, ESPO and NEPO) Framework Agreement RM3731 for Insurance Services ll - for Lot 2 Insurance Brokerage and Associated Services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f8503951-491c-4a7e-94fe-973ee7a36d52
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/af5f9d8e-9961-4e6f-aab8-66e2b0b7e427
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
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
£30,000 Under £100K
Lots Value
Not specified
Awards Value
£18,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jun 20187 years ago
Submission Deadline
17 May 2018Expired
Future Notice Date
Not specified
Award Date
5 Jun 20187 years ago
Contract Period
18 Jun 2018 - 18 Jun 2021 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
TORBAY 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
TORQUAY
Postcode
TQ1 3DR
Post Town
Torquay
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK42 Torbay
Delivery Location
TLK South West (England)

Local Authority
Torbay
Electoral Ward
Tormohun
Westminster Constituency
Torbay

Supplier Information

Number of Suppliers
1
Supplier Name

ARTHUR J. GALLAGHER INSURANCE BROKERS

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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