Tender

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

UKIB Insurance Brokerage to place Group Insurance Policies

UK Infrastructure Bank Limited

This public procurement record has 2 releases in its history.

TenderUpdate

22 Mar 2024 at 09:01

Tender Notice
Tender

15 Mar 2024 at 08:17

Tender Notice
Summary of the contracting process

The UK Infrastructure Bank Limited is currently running a tender process for insurance brokerage services to place group insurance policies. The procurement is categorised under insurance services and falls within the services main procurement category. The tender, with ID C0576, has an estimated value of GBP 750,000 and is being conducted using an open procedure. The procurement method details can be found on the Atamis e-Tendering Portal. The tender period ends on April 15, 2024, with the bid opening and award period both scheduled for the same day.

This tender by UK Infrastructure Bank Limited presents an opportunity for insurance brokerage businesses to compete for a valuable contract to provide group insurance policies. Businesses in the insurance services industry in the UK could benefit from participating in this tender. The procurement process involves electronic and written submission methods, is open to international bidders under the GPA, and has specific requirements documented for submission terms and contract terms.

How relevant is this notice?

Notice Information

Notice Title

UKIB Insurance Brokerage to place Group Insurance Policies

Notice Description

Please note this notice has been issued in error - please refer to notice reference: 2024/S 000-008768<br/><br/>This ITT relates to the procurement process by the Buyer to procure an Insurance Brokerage to place Group Insurance Policies (the "Procurement").

Lot Information

Lot 1

This ITT relates to the procurement process by the Buyer to procure an Insurance Brokerage to place Group Insurance Policies (the "Procurement").

The Estimated Value of the Procurement incorporates both the Insurance Brokerage and Group Insurance Policy costs across the Contract Term.

Renewal: Option to extend the Contract by a further period of up to one year.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0448da
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009295-2024
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£750,000 £500K-£1M
Lots Value
£750,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Mar 20242 years ago
Submission Deadline
15 Apr 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK Infrastructure Bank Limited
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4DW
Postcode Area
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified
Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...