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Production Insurance Scheme

The British Broadcasting Corporation (BBC)

This public procurement record has 2 releases in its history.

Award

11 Feb 2022 at 22:45

Award Notice
Tender

06 Dec 2021 at 22:45

Tender Notice
Summary of the contracting process

The British Broadcasting Corporation (BBC) is currently undertaking the Production Insurance Scheme procurement process, classified under insurance and pension services. This tender is in the active stage, having an award value of £450,000. The timeline for submissions concluded on 11 January 2022, with the award period commencing on the same date. The procurement method employed is an open procedure, allowing a wide pool of participants. The service is expected to be delivered in the UK, specifically managed by the BBC from its headquarters in London.

This tender presents considerable growth opportunities for businesses within the insurance and risk management sectors, especially those specialising in media production insurance. Companies that provide comprehensive underwriting, claims management, and unique insurance solutions tailored for TV and radio production will find themselves well-positioned to compete successfully. The ongoing collaboration between the BBC and its technology partner, Atos IT Solutions and Services Limited, may also signal avenues for businesses with technical expertise to engage in complementary services.

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Notice Information

Notice Title

Production Insurance Scheme

Notice Description

The BBC commissions both independent TV and radio producers and the BBC's own producers to provide high quality programmes. These productions require unique services. In managing the scheme, the Company will be expected to conduct many of the functions which an insurer of such risks performs from underwriting risks to authorising claims settlements as well as placing stand-alone cover for individual productions where necessary and complementary to the scope of the scheme.

Lot Information

Lot 1

The BBC commissions both independent TV and radio producers and the BBC's own producers to provide high quality programmes. These productions require unique services. In managing the scheme, the Company will be expected to conduct many of the functions which an insurer of such risks performs from underwriting risks to authorising claims settlements as well as placing stand-alone cover for individual productions where necessary and complementary to the scope of the scheme.

Options: There will be an initial term of 3 (three) years with two further possible extensions of 12 (twelve) months on each occasion

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02fdc0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/004074-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66500000 - Insurance and pension services

Notice Value(s)

Tender Value
£450,000 £100K-£500K
Lots Value
£450,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£450,000 £100K-£500K

Notice Dates

Publication Date
11 Feb 20224 years ago
Submission Deadline
11 Jan 2022Expired
Future Notice Date
Not specified
Award Date
8 Feb 20224 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
The British Broadcasting Corporation (BBC)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
W1A 1AA
Postcode Area
West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
West End
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Quartz Insurance Brokers Limited

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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