Award

Insurance Services

STAFFORDSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

AwardUpdate

29 Apr 2025 at 07:51

Summary of the contracting process

The recent procurement process undertaken by Staffordshire County Council focused on acquiring insurance services, specifically Property Insurance, with the official procurement identifier IA2007. Situated in the region of UKG2, Staffordshire, this tender falls under the services category in the insurance industry, according to CPV classification 66510000. The procurement is at the contract update stage, with the award having been made to Zurich Municipal. The contract was signed on 28th April 2025 and will run from 1st May 2025 to 30th April 2026, with a contract value of £1,141,247.92. Notably, this contract includes a 12-month extension and an additional spend of £350,000 due to previously unforeseen circumstances affecting the insured sums and requirement for revised terms with the insurer.

This tender offers substantial business opportunities, particularly for large-scale insurance firms equipped to manage complex, long-term property insurance needs. The decision by Staffordshire County Council to extend and amend the financial terms highlights the potential for additional revenue and contract stability, especially for businesses that can provide thorough cost assessments and adaptation to fast-evolving insurance demands. Firms able to enhance their service offerings through compliance with legal and competitive requirements in this sector will find them well-suited to participate and benefit from future opportunities in public procurement within the insurance services domain.

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Notice Title

Insurance Services

Notice Description

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0508c6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/017464-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66515200 - Property insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,141,247 £1M-£10M

Notice Dates

Publication Date
29 Apr 20259 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Apr 202510 months ago
Contract Period
30 Apr 2025 - 30 Apr 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
STAFFORDSHIRE COUNTY COUNCIL
Contact Name
Laura Kendall
Contact Email
laura.kendall@staffordshire.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
STAFFORD
Postcode
ST16 2DH
Post Town
Stoke-on-Trent
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
TLG2 Shropshire and Staffordshire

Local Authority
Stafford
Electoral Ward
Forebridge
Westminster Constituency
Stafford

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH MUNICIPAL

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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