Award

AWARDED - SBC 0418 CCS Lot 1 Insurance Services RM3731 - Lot 2 Industrial & Commercial Properties/Commercial Garages & Loss of Rent

STEVENAGE BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

16 Jul 2019 at 14:51

Award Notice
Award

14 Nov 2018 at 09:15

Award Notice
Summary of the contracting process

The procurement process concerns the award of a contract for insurance services, specifically for Industrial & Commercial Properties/Commercial Garages and Loss of Rent, by Stevenage Borough Council, located in Stevenage, England. The contract, valued at approximately £143,552.60, was awarded to Chubb Insurance Ltd on 14th August 2018, following a selective procurement method involving a call-off from a framework agreement. The contract period commenced on 1st October 2018 and will continue until 30th September 2021. The tender period ended on 8th June 2018.

This contract provides substantial opportunities for businesses in the insurance sector, particularly those specialising in services for industrial and commercial properties. Companies with expertise in risk assessment and property liability are especially well-suited to compete for similar tenders, as well as those that can offer tailored insurance solutions for commercial garages. Engaging in future tenders from the Stevenage Borough Council and similar organisations could significantly benefit such firms looking to expand their clientele and enhance service offerings.

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Notice Information

Notice Title

AWARDED - SBC 0418 CCS Lot 1 Insurance Services RM3731 - Lot 2 Industrial & Commercial Properties/Commercial Garages & Loss of Rent

Notice Description

Lot 2 insurance for Industrial & Commercial Properties/Commercial Garages & Loss of Rent

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-faa7972d-f245-447e-88b5-171d1d5855b3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7c4f2c8c-f810-41cd-a753-c9b27d0c8af2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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
£143,552 £100K-£500K
Lots Value
Not specified
Awards Value
£143,552 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jul 20196 years ago
Submission Deadline
8 Jun 2018Expired
Future Notice Date
Not specified
Award Date
13 Aug 20187 years ago
Contract Period
30 Sep 2018 - 30 Sep 2021 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
STEVENAGE 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
STEVENAGE
Postcode
SG1 1HN
Post Town
Stevenage
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified
Local Authority
Stevenage
Electoral Ward
Old Town
Westminster Constituency
Stevenage

Supplier Information

Number of Suppliers
1
Supplier Name

CHUBB 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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