Award

WECA Annual Insurance Renewal 2022-2023

WEST OF ENGLAND COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Award

01 Mar 2022 at 10:17

Summary of the contracting process

The procurement process for the WECA Annual Insurance Renewal 2022-2023, initiated by the West of England Combined Authority, is currently complete. This procurement falls within the services category, specifically focusing on damage or loss insurance services. The procurement took place in Bristol, UK, and was conducted using a limited method without the prior publication of a call for competition. The contract was awarded on 1st March 2022, with a total value of £100,000. This procurement involved a single bid from Aon Commercial Risk Solutions, which has successfully secured the contract.

This tender presents an excellent opportunity for businesses specialising in insurance services, particularly those offering damage or loss insurance and brokerage services. Companies that are able to provide comprehensive insurance policies and consultancy may find this a suitable venture, especially those familiar with regional procurement frameworks. Given the limited bidding process and the established supplier, new entrants in the insurance sector may want to consider partnerships or collaborations to compete effectively for similar future contracts.

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Notice Title

WECA Annual Insurance Renewal 2022-2023

Notice Description

Award of Annual Insurance policies through our Broker Service

Procurement Information

This Procurement is sub threshold and has been awarded via a broker appointed under the YPO Framework

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-031c29
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/005517-2022
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66515000 - Damage or loss insurance services

66518000 - Insurance brokerage and agency services

66519310 - Insurance consultancy services

Notice Value(s)

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

Notice Dates

Publication Date
1 Mar 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Mar 20223 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

Contracting Authority (Buyer)

Main Buyer
WEST OF ENGLAND COMBINED AUTHORITY
Contact Name
Mr Andrew Brentley
Contact Email
andrew.brentley@westofengland-ca.gov.uk
Contact Phone
+44 1173321510

Buyer Location

Locality
BRISTOL
Postcode
BS1 6ER
Post Town
Bristol
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
TLK11 Bristol, City of, TLK12 Bath and North East Somerset, North Somerset and South Gloucestershire

Local Authority
Bristol, City of
Electoral Ward
Lawrence Hill
Westminster Constituency
Bristol East

Supplier Information

Number of Suppliers
1
Supplier Name

AON COMMERCIAL RISK SOLUTIONS

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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