Award

CPU 7151 Leaseholder Insurance Policy

NOTTINGHAM CITY COUNCIL

This public procurement record has 1 release in its history.

Award

09 May 2025 at 14:10

Summary of the contracting process

The procurement process for the "CPU 7151 Leaseholder Insurance Policy" was executed by Nottingham City Council, a regional authority based in Nottingham, United Kingdom. The contract focuses on insurance services under the CPV category 66510000 and takes place in the UKF14 region. The process reached the award stage and was successfully completed with a final contract signed on 17th March 2025. Conducted through a limited procurement method, this award was made without prior publication of a call for competition. The deadline for the procurement procedure, which involved a repeat of existing services, culminated in the award of the contract to Avid Insurance Services Ltd.

This tender presents opportunities for businesses specialised in insurance services, particularly those capable of delivering high-quality schemes for residential properties. Firms similar to Avid Insurance Services Ltd, which fall under the SME category, are well-suited to thrive in such procurement exercises. By engaging in frameworks like the YPO 1198 Insurance Brokerage and Insurance Placement DPS, businesses can increase their chances of securing contracts through further competition. Building a reputation for quality service and competitive pricing could be beneficial in similar future tenders, helping to expand market presence and achieve business growth.

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Notice Title

CPU 7151 Leaseholder Insurance Policy

Notice Description

Building insurance scheme for NCC flats.

Procurement Information

Awarded under framework DPS further competition. Two bids were received and evaluated under the public contract regulations - YPO 1198 - Insurance Brokerage Framework and Insurance Placement DPS

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-050fe8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020132-2025
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
SME

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
£1,500,000 £1M-£10M

Notice Dates

Publication Date
9 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
17 Mar 202511 months 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
NOTTINGHAM CITY COUNCIL
Contact Name
Babatunde Olusanya
Contact Email
babatunde.olusanya@nottinghamcity.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
NOTTINGHAM
Postcode
NG2 3NG
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
TLF14 Nottingham

Local Authority
Nottingham
Electoral Ward
Castle
Westminster Constituency
Nottingham East

Supplier Information

Number of Suppliers
1
Supplier Name

AVID INSURANCE SERVICES

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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