Award

Insurance Renewal - Large Yacht Services

MCA - MARITIME AND COASTGUARD AGENCY

This public procurement record has 1 release in its history.

Award

22 Jul 2025 at 11:36

Summary of the contracting process

The Maritime and Coastguard Agency (MCA), based in Southampton, England, has completed the award stage for a tender concerning the renewal of insurance services for large yacht operations. The tender, titled "Insurance Renewal - Large Yacht Services," falls within the industry category of insurance services with a CPV code of 66510000. The procurement process was conducted with a selective method involving a call-off from a framework agreement. The awarded contract, worth £18,873.62, runs from 26 June 2025 to 25 June 2026. This procurement covers an extensive geographical area including British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom.

This tender presents significant business growth opportunities for companies specialising in insurance services, particularly those capable of managing complexities associated with large yacht operations across varied territories. Small and Medium Enterprises (SMEs) that are adept at delivering professional and combined liability insurance for maritime services may find this contract especially appealing. The involvement of Willis Limited, a well-established large-scale supplier, suggests a competitive environment where proficient firms with substantial experience in this niche can leverage their expertise to vie for similar future contracts.

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Notice Title

Insurance Renewal - Large Yacht Services

Notice Description

Renewal of Insurance - Combined Liability for Large Yacht Services. Renewal of Insurance - Professional Liability for Large Yacht Services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ff657bd3-0aad-42c8-ac59-de8f111fb513
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dd7f2e9b-c18a-4560-9135-a77470374c7e
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£18,873 Under £100K
Lots Value
Not specified
Awards Value
£18,873 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Jul 20257 months ago
Submission Deadline
25 Jun 2025Expired
Future Notice Date
Not specified
Award Date
24 Jun 20258 months ago
Contract Period
25 Jun 2025 - 25 Jun 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
MCA - MARITIME AND COASTGUARD AGENCY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SOUTHAMPTON
Postcode
SO15 1EG
Post Town
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ32 Southampton
Delivery Location
Not specified

Local Authority
Southampton
Electoral Ward
Banister & Polygon
Westminster Constituency
Southampton Itchen

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS

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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