Award

NSDC: Insurance Broker Service

NEWARK AND SHERWOOD DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

22 Aug 2025 at 12:33

Summary of the contracting process

The Newark and Sherwood District Council has successfully awarded a contract for an Insurance Broker Service, following a limited competition procurement method, classified as below threshold. This contract is valued at £11,988 gross and runs from 1st May 2025 to 30th April 2028, with a review date scheduled for 31st December 2027. The procurement process has reached the award stage, with ARTHUR J. GALLAGHER (UK) LIMITED being the chosen supplier. The industry category involves services, specifically insurance services, with delivery locations spanning various regions across the United Kingdom including UKC, UKD, UKE, UKF, UKG, UKH, UKI, UKJ, and UKK.

This tender presents a significant opportunity for businesses specialising in insurance services to gain exposure and build lasting partnerships with the Newark and Sherwood District Council, a sub-central government public authority. The chosen supplier, a small to medium-sized enterprise, exemplifies the chance for similar sized companies to compete in this sector. With potential delivery across multiple UK regions, businesses with local knowledge can find growth opportunities by offering tailored services. This contract could be attractive to niche insurers and brokers aiming to expand their presence in the public sector while ensuring compliance with specific requirements.

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Notice Title

NSDC: Insurance Broker Service

Notice Description

Insurance Broker Service 01.05.25 - 30.04.28 review 31.12.27 Display until 30.04.28

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-058ce6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/050886-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited 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
£9,990 Under £100K

Notice Dates

Publication Date
22 Aug 20256 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 Apr 20259 months ago
Contract Period
30 Apr 2025 - 30 Apr 2028 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NEWARK AND SHERWOOD DISTRICT COUNCIL
Contact Name
Richard Bates
Contact Email
richard.bates@newark-sherwooddc.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
NEWARK
Postcode
NG24 1BY
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)
TLF15 North Nottinghamshire
Delivery Location
Not specified

Local Authority
Newark and Sherwood
Electoral Ward
Castle
Westminster Constituency
Newark

Supplier Information

Number of Suppliers
1
Supplier Name

ARTHUR J. GALLAGHER (UK

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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