Award

Insurance Brokerage Services

ORE CATAPULT

This public procurement record has 2 releases in its history.

Award

10 Jun 2025 at 15:05

Award

10 Jun 2025 at 13:05

Summary of the contracting process

The public procurement process led by ORE Catapult, a sub-central government public authority based in Glasgow, has culminated in a contract award for Insurance Brokerage Services. This tender falls under the services industry category and involves direct award procurement, below the competition threshold, granted to Marsh Ltd. The award, concerning ongoing major asset upgrades at the Blyth site, was finalised on 28 March 2025, with the contract period commencing on 1 March 2026 and concluding on 29 February 2028. The procurement method employed was direct without competition, and the award was confirmed on 10 June 2025.

This tender offers a specific opportunity for businesses providing insurance services. Although Marsh Ltd has been awarded the contract directly, businesses looking to expand within the insurance sector should monitor similar opportunities that may arise from organisations like ORE Catapult. Companies with capabilities in providing comprehensive insurance brokerage services and those familiar with managing large-scale asset upgrades, especially in the energy sector, may find valuable growth opportunities in such contracts. Moreover, understanding the process and structure of these tenders can prepare businesses for future bids where competitive procurement methods might be used.

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Notice Title

Insurance Brokerage Services

Notice Description

Direct award to Marsh Ltd to continue with the insurance advice with the ongoing major asset upgrades at our Blyth site. To view this notice, please click here: https://orecatapult.delta-esourcing.com/delta/viewNotice.html?noticeId=957741082

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-054616
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/031340-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without 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
£59,222 Under £100K
Contracts Value
£59,222 Under £100K

Notice Dates

Publication Date
10 Jun 20258 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
28 Mar 202511 months ago
Contract Period
1 Mar 2026 - 29 Feb 2028 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
ORE CATAPULT
Contact Name
Sian Kerrison
Contact Email
procurement@ore.catapult.org.uk
Contact Phone
01234567890

Buyer Location

Locality
GLASGOW
Postcode
G1 1RD
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
Not specified

Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow East

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

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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