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Further Competition under Insurance Placement DPS 978 for Wealden District Council & Eastbourne Borough Council and their appointed Insurance Broker - A.J. Gallagher

Wealden District Council

This public procurement record has 1 release in its history.

Award

28 Apr 2021 at 14:53

Award Notice
Summary of the contracting process

The procurement process pertains to the "Further Competition under Insurance Placement DPS 978" for the Wealden District Council and Eastbourne Borough Council, both of which are based in the UK. This tender is in the award stage, having been completed with a contract value of approximately £349,332.57. The awarded supplier for this tender is Avid Insurance Services. The contracts for the two councils are structured differently, with Wealden District Council's contract lasting for five years and Eastbourne Borough Council's contract scheduled for three years, both having options to extend further.

This tender presents significant opportunities for businesses in the insurance services sector, particularly those that specialise in public service insurance. Companies with a robust offering in quality insurance solutions, alongside competitive pricing strategies, will be well-positioned to pursue similar contracts with local authorities. Potential competitors include small to medium-sized enterprises (SMEs) experienced in handling public sector contracts, particularly those with a focus on leaseholder insurance solutions.

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Notice Information

Notice Title

Further Competition under Insurance Placement DPS 978 for Wealden District Council & Eastbourne Borough Council and their appointed Insurance Broker - A.J. Gallagher

Notice Description

Wealden District Council and Eastbourne Borough Council (the Participating Authorities) have previously gone out to tender together to procure their Leaseholder Insurance Services Requirements and they desire to do so again. Each Participating Authority will enter into separate agreements with the successful supplier/s.

Lot Information

Wealden District Council

Further Competition under Insurance Placement DPS 978 for Wealden District Council & Eastbourne Borough Council and their appointed Insurance Broker - A.J. Gallagher. Additional information: value of the contract (Lot 1): PS130,023.42

Options: Wealden District Council's contract will last for five years until 31st March 2026 with the option to extend for two years until 31st March 2028.

Eastbourne Borough Council

Further Competition under Insurance Placement DPS 978 for Wealden District Council & Eastbourne Borough Council and their appointed Insurance Broker - A.J. Gallagher. Additional information: value of the contract (Lot 2): PS219,309.15

Options: Eastbourne Borough Council's contract will last for three years until 31st March 2024 with the option to extend for two years until 31st March 2026 and a further & final option to extend for a further & final two years until 31st March 2028.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02ab27
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009142-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£349,332 £100K-£500K

Notice Dates

Publication Date
28 Apr 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
22 Mar 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Wealden District Council
Additional Buyers

Eastbourne 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
EASTBOURNE
Postcode
BN27 2AX
Postcode Area
Brighton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ22 East Sussex CC
Delivery Location
Not specified
Local Authority
Wealden
Electoral Ward
Hailsham Central
Westminster Constituency
Sussex Weald

Supplier Information

Number of Suppliers
1
Supplier Name

Avid Insurance Services

Further Information

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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