Award

RUG - Insurance Programme - Lot 6 - Personal Accident and Travel

RUGBY BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

08 Nov 2024 at 16:09

Summary of the contracting process

The procurement process initiated by Rugby Borough Council involved the awarding of a contract titled "RUG - Insurance Programme - Lot 6 - Personal Accident and Travel". This contract falls under the Insurance services category (CPV code 66510000) with a secondary classification of Pension services (CPV code 66520000). The procurement method employed was an open procedure above the threshold, suitable for SMEs and VCSEs. The contract, awarded to Zurich Municipal T/A Zurich Insurance plc, commenced on 1st November 2022 and is set to conclude on 31st October 2027. Located in the West Midlands, this procurement process is currently in the Award stage, following an initial tender ending on 31st May 2022.

This tender presents significant business growth opportunities, particularly for firms specialising in insurance solutions and services. The procurement is specifically open to smaller businesses and voluntary, community, and social enterprises, highlighting an inclusive approach that encourages a competitive marketplace. Zurich Insurance plc, a large-scale enterprise, secured the contract valued at GBP 13,442.85, demonstrating the potential value such contracts can bring. The awarded contract offers a substantial duration, creating long-term stability and revenue for the successful business. Businesses proficient in providing comprehensive insurance programmes, particularly in personal accident and travel insurance, would be well-suited to engage in such tenders.

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Notice Title

RUG - Insurance Programme - Lot 6 - Personal Accident and Travel

Notice Description

Insurance Programme - Lot 6 - Personal Accident and Travel

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f8f6a3d0-8a7d-4453-9091-973ec7cc9824
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/68bb5dec-c89d-41d8-a8bf-d4d1d16ad07d
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 (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66520000 - Pension services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£13,442 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Nov 20241 years ago
Submission Deadline
31 May 2022Expired
Future Notice Date
Not specified
Award Date
15 Aug 20223 years ago
Contract Period
1 Nov 2022 - 31 Oct 2027 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
RUGBY 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
RUGBY
Postcode
CV21 2RR
Post Town
Coventry
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG13 Warwickshire CC
Delivery Location
TLG West Midlands (England)

Local Authority
Rugby
Electoral Ward
Benn
Westminster Constituency
Rugby

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH MUNICIPAL T/A ZURICH INSURANCE

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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