Award

Marine Insurance

FENLAND DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

08 Sep 2025 at 15:28

Summary of the contracting process

The procurement process for Marine Insurance was conducted by Fenland District Council, located in March, United Kingdom. This tender, which falls under the services category, aimed to secure an insurance broker to arrange marine insurance cover for a period from 1st August 2025 to 31st July 2026. The process utilised a direct procurement method 'Below threshold - without competition', leading directly to an award without competitive tendering. The award was made to ARTHUR J. GALLAGHER (UK) LIMITED, a company based in London, for a contract valued at £87,589.08. Key regions served by this contract include multiple areas across the UK, reflecting a broad application area for the service provided.

This tender offers substantial opportunities for businesses specialising in insurance services, especially those with expertise in marine insurance. Given the nature and specifications of this procurement, insurance brokers and service providers with a comprehensive portfolio in various geographical regions in the UK would be well-positioned to compete in similar future tenders. Additionally, small to medium-sized enterprises could leverage contracts of this size to further expand their market presence and build strong public sector partnerships, particularly if they can provide robust services aligned with sub-central government requirements. Engaging in such procurement processes can also facilitate broader opportunities in the public sector insurance services market.

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Notice Title

Marine Insurance

Notice Description

To procure an insurance broker to arrange marine insurance cover. Via Exemption 1st August 2025 to 31st July 2026

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-059627
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/054794-2025
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
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
£87,589 Under £100K

Notice Dates

Publication Date
8 Sep 20255 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Jul 20256 months ago
Contract Period
31 Jul 2025 - 31 Jul 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
FENLAND DISTRICT COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MARCH
Postcode
PE15 8NQ
Post Town
Peterborough
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
Not specified

Local Authority
Fenland
Electoral Ward
March North
Westminster Constituency
North East Cambridgeshire

Supplier Information

Number of Suppliers
1
Supplier Name

ARTHUR J. GALLAGHER (UK

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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