Tender

Insurance Services

ROYAL MINT

This public procurement record has 1 release in its history.

Tender

20 Feb 2025 at 16:15

Summary of the contracting process

The Royal Mint has initiated a tender process for a contract titled "Insurance Services" to address its insurance requirements. This tender falls under the services category, specifically focusing on insurance services, and pertains to the UK region, specifically UKL15. The procurement process is currently at the Tender stage, with a tender end date set for 24 March 2025, and the second stage invitation slated for 10 April 2025. The contract period is intended to span 3 years with an option to extend for up to an additional 2 years. The procurement method chosen is a competitive procedure with negotiation, and submissions can be made electronically or in writing.

This tender presents a substantial opportunity for businesses specialising in insurance services to collaborate with a prestigious national institution. Companies with a robust ability to negotiate competitively and provide tailored insurance solutions would be well-suited to partake in this procurement process. With the contract offering a potential duration of up to 5 years, this can be a significant growth avenue for small to large-scale insurance firms aiming to expand their market presence and secure a long-term client like The Royal Mint.

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Notice Title

Insurance Services

Notice Description

Contract for insurance requirements of The Royal Mint

Lot Information

Lot 1

Contract for insurance requirements of The Royal Mint

Renewal: A 3 year contract with option to extend for up to a further 2 years

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04e572
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006384-2025
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Feb 20251 years ago
Submission Deadline
24 Mar 2025Expired
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

Contracting Authority (Buyer)

Main Buyer
ROYAL MINT
Contact Name
Not specified
Contact Email
lee.wilkey@royalmint.com
Contact Phone
+44 1443222111

Buyer Location

Locality
PONTYCLUN
Postcode
CF72 8YT
Post Town
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL51 Central Valleys and Bridgend
Delivery Location
TLL15 Central Valleys

Local Authority
Rhondda Cynon Taf
Electoral Ward
Llantrisant and Talbot Green
Westminster Constituency
Pontypridd

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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