Award

W610 - Fidelity Guarantee Insurance Contract Extension

DERBY CITY COUNCIL

This public procurement record has 1 release in its history.

Award

03 Sep 2025 at 09:03

Summary of the contracting process

Derby City Council has concluded a contract extension for its Fidelity Guarantee Insurance policy with the supplier Maven Public Sector. This procurement falls under the 'services' category in the insurance industry and is located in Derby, United Kingdom. The procurement strategy employed was a direct method, operating below the threshold without competition, aligning with the legal basis of UKPGA 2023/54. The contract extension is active, covering the period from 1st April 2025 to 31st March 2026, with no competitive tendering process undertaken. This decision ensures continuity in insurance coverage as part of a strategic alignment with other ongoing insurance agreements.

This tender offers significant business growth opportunities, particularly for companies specialising in insurance services. Though the contract was awarded directly, similar future opportunities may arise for businesses capable of providing comprehensive insurance solutions to public authorities. Large-scale enterprises with established reputations, like Maven Public Sector, are well-suited due to their capability to handle extensive public sector requirements efficiently. Companies interested in working with local governments should watch for potential vacancies or future tenders for similar procurements. This engagement serves as a valuable insight into non-competitive procurement processes prevalent in certain public sector needs.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

W610 - Fidelity Guarantee Insurance Contract Extension

Notice Description

This Waiver is for the contract extension for our Fidelity Guarantee Insurance policy. This will bring the policy in line with the renewal date of our other insurance policies and allow us to complete this years tender process collectively.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0592d7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/053403-2025
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
Not specified
Contracts Value
£31,578 Under £100K

Notice Dates

Publication Date
3 Sep 20255 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Mar 202510 months ago
Contract Period
31 Mar 2025 - 31 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DERBY CITY COUNCIL
Contact Name
Not specified
Contact Email
procurement@derby.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
DERBY
Postcode
DE1 2FS
Post Town
Derby
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
Not specified

Local Authority
Derby
Electoral Ward
Darley
Westminster Constituency
Derby South

Supplier Information

Number of Suppliers
1
Supplier Name

MAVEN PUBLIC SECTOR

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-0592d7-2025-09-03T10:03:02+01:00",
    "date": "2025-09-03T10:03:02+01:00",
    "ocid": "ocds-h6vhtk-0592d7",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-PPON-PQVM-1383-ZBXP",
            "name": "Derby City Council",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PQVM-1383-ZBXP"
            },
            "address": {
                "streetAddress": "The Council House - Corporation Street",
                "locality": "Derby",
                "postalCode": "DE1 2FS",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKF11"
            },
            "contactPoint": {
                "email": "procurement@derby.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "classifications": [
                    {
                        "scheme": "UK_CA_TYPE",
                        "id": "publicAuthoritySubCentralGovernment",
                        "description": "Public authority - sub-central government"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-41191",
            "name": "Maven Public Sector",
            "address": {
                "streetAddress": "The Leadenhall Building, 122 Leadenhall Street",
                "locality": "London",
                "postalCode": "EC3V 4AN",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "contactPoint": {
                "email": "enquiries@mavenps.co.uk"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "url": "https://www.mavenpublicsector.co.uk/",
                "scale": "large",
                "vcse": false
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PQVM-1383-ZBXP",
        "name": "Derby City Council"
    },
    "tender": {
        "id": "W610",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "W610 - Fidelity Guarantee Insurance Contract Extension",
        "description": "This Waiver is for the contract extension for our Fidelity Guarantee Insurance policy. This will bring the policy in line with the renewal date of our other insurance policies and allow us to complete this years tender process collectively.",
        "status": "complete",
        "procurementMethod": "direct",
        "procurementMethodDetails": "Below threshold - without competition",
        "lots": [
            {
                "id": "1",
                "status": "complete"
            }
        ]
    },
    "awards": [
        {
            "id": "1",
            "status": "active",
            "mainProcurementCategory": "services",
            "suppliers": [
                {
                    "id": "GB-FTS-41191",
                    "name": "Maven Public Sector"
                }
            ],
            "items": [
                {
                    "id": "1",
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "66510000",
                            "description": "Insurance services"
                        }
                    ],
                    "deliveryAddresses": [
                        {
                            "region": "UKF11",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "relatedLots": [
                "1"
            ]
        }
    ],
    "contracts": [
        {
            "id": "1",
            "awardID": "1",
            "title": "W610 - Fidelity Guarantee Insurance Contract Extension",
            "status": "active",
            "period": {
                "startDate": "2025-04-01T00:00:00+01:00",
                "endDate": "2026-03-31T23:59:59+01:00"
            },
            "value": {
                "amountGross": 37893.6,
                "amount": 31578,
                "currency": "GBP"
            },
            "aboveThreshold": false,
            "dateSigned": "2025-03-31T00:00:00+01:00",
            "documents": [
                {
                    "id": "053403-2025",
                    "documentType": "contractNotice",
                    "noticeType": "UK7",
                    "description": "Contract details notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/053403-2025",
                    "datePublished": "2025-09-03T10:03:02+01:00",
                    "format": "text/html"
                }
            ]
        }
    ],
    "language": "en"
}