Award

Insurance Services

OXFORD CITY COUNCIL

This public procurement record has 1 release in its history.

Award

25 Jul 2024 at 08:25

Summary of the contracting process

Oxford City Council has undertaken a public procurement process for the provision of insurance services, encompassing a range of entities including Oxford City Housing Group, OXWED LLP, and Oxford Direct Services Limited. The procurement falls under the "services" industry category, specifically insurance services, with the process located in Oxford, UK. The procurement utilised a limited method without prior publication of a call for competition, following the completion of a mini-competition under Framework number RM6138. The overall contract, valued at £12,500,000, has been awarded to Zurich Insurance Company PLC, with the contract’s status being active as of 30th June 2024.

This tender presents lucrative growth opportunities for businesses specialising in insurance services, particularly those capable of serving multiple entities under a long-term contractual arrangement. Firms experienced in comprehensive insurance coverage for regional authorities and associated groups will find this contract well-suited to their expertise. Additionally, the competitive evaluation criteria, focusing 60% on technical quality and 40% on cost, make it advantageous for businesses that can deliver high-quality, cost-effective insurance solutions.

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Notice Title

Insurance Services

Notice Description

Provision of insurance services

Lot Information

Lot 1

Single supplier for the provision of insurance services for * Entity 1 - Oxford City Council * Entity 2 - Oxford City Housing Group (Oxford City Housing Limited, Oxford City Housing (Investment) Ltd & Oxford City Housing (Development) Ltd * Entity 3 - OXWED LLP * Entity 4 - Oxford Direct Services Limited & Oxford Direct Services Trading Limited for a 3+2+2 year contract (maximum 7 years)

Procurement Information

Mini Competition under Framework number RM6138 - Insurance Services-3-DPS

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-048466
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/023140-2024
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

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£12,500,000 £10M-£100M

Notice Dates

Publication Date
25 Jul 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 Jun 20241 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
OXFORD CITY COUNCIL
Contact Name
Not specified
Contact Email
procurement@oxford.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
OXFORD
Postcode
OX1 1DS
Post Town
Oxford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ14 Oxfordshire CC
Delivery Location
TLJ14 Oxfordshire CC

Local Authority
Oxford
Electoral Ward
Osney & St Thomas
Westminster Constituency
Oxford West and Abingdon

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH INSURANCE

Open Contracting Data Standard (OCDS)

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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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