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Insurance Brokerage Services

MUTUAL ENERGY LIMITED

This public procurement record has 2 releases in its history.

Award

25 Jul 2025 at 10:12

UK6 - Contract Award Notice
Tender

29 May 2025 at 11:08

UK4 - Tender Notice
Summary of the contracting process

The procurement process for Insurance Brokerage Services was led by Mutual Energy Limited, a private utility operating under Northern Irish devolved regulations. This contracting process centred on an open procedure invitation to tender to secure the best provider for insurance brokerage and consultancy services. Located in Belfast, Northern Ireland, the contract was awarded to Howden Insurance Brokers Limited for a gross amount of £800,000, with the tender being completed by July 2025. The key procurement stages included an active tendering phase and the subsequent award phase. The contract period is set to start on 1st September 2025 and will initially last for three years, with potential extensions up to 2032 if mutually agreed.

This tender represents a significant opportunity for providers in the insurance and consultancy services industry to engage with a key player in the Northern Irish energy sector. Businesses with experience in offering brokerage and customised insurance solutions could leverage this contract to expand their market presence. The contract is particularly suited to large-scale enterprises with robust service capabilities, as evidenced by Howden Insurance Brokers Limited securing the contract. This procurement process underlines the opportunity for growth particularly for firms capable of fulfilling utility sector needs efficiently and effectively.

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Notice Information

Notice Title

Insurance Brokerage Services

Notice Description

The purpose of this tender process was to provide MEL with the most advantageous Tenderer for the services of an Insurance Broker. This stage, via the Invitation to Tender ("ITT"), was issued as part of a single-stage open procedure for the procurement of an Insurance Broker. The purpose of the ITT was to invite interested and qualified suppliers to submit their tenders for the provision of the Services (including brokerage and ad-hoc insurance consultancy services).

Lot Information

Lot LOT-0001

Renewal: Option to extend by 2 years and then 2 years again (so total possible contract duration of 7 years)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0528a8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/043025-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

66518100 - Insurance brokerage services

66519310 - Insurance consultancy services

Notice Value(s)

Tender Value
£749,999 £500K-£1M
Lots Value
£749,999 £500K-£1M
Awards Value
£800,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jul 20251 years ago
Submission Deadline
3 Jul 2025Expired
Future Notice Date
Not specified
Award Date
18 Jul 20251 years ago
Contract Period
1 Sep 2025 - 31 Aug 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
MUTUAL ENERGY 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
85 ORMEAU ROAD
Postcode
BT7 1SH
Postcode Area
Northern Ireland
Country
Northern Ireland
Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN Northern Ireland
Local Authority
Belfast
Electoral Ward
Central
Westminster Constituency
Belfast South and Mid Down

Supplier Information

Number of Suppliers
1
Supplier Name

HOWDEN INSURANCE BROKERS LIMITED

Further Information

Notice Documents

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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