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School Absence Insurance

Nottingham City Council

This public procurement record has 3 releases in its history.

Award

15 Dec 2025 at 11:28

UK7 - Contract Details Notice
Award

19 Nov 2025 at 14:58

UK6 - Contract Award Notice
Tender

26 Sep 2025 at 13:41

UK4 - Tender Notice
Summary of the contracting process

Nottingham City Council has successfully completed the procurement process for the "School Absence Insurance" service, aimed at insuring staff absences across approximately 102 schools and academies within Nottingham City. Identified by the tender reference CPU 5989 and adhering to the UKPGA legal framework 2023/54, this open procedure procurement attracted competitive bids, culminating in an award to Sovereign Risk Management Limited as the chosen supplier. This contract, valued at £1,387,074 gross, is scheduled to begin on 1st December 2025 and will extend until 30th November 2026, with potential renewal up to 2028 at Nottingham City Council's discretion. The process has moved from the award stage to signing the contract phase on 1st December 2025.

This tender presents significant business growth opportunities by securing contracts in financial and insurance services, specifically targeting small and medium enterprises (SMEs) within the sector. Businesses specialising in insurance services with a focus on public sector clients will find this contract particularly appealing. The contract's alignment with Nottingham's sub-central governmental body calls for suppliers who can efficiently manage high-value insurance operations, thereby supporting business expansion within the regional public contract landscape. The award criteria, predominantly based on cost (65%) and quality (35%), favour well-prepared businesses with competitive pricing and robust service quality, making it an attractive prospect for SMEs aiming to solidify their market presence.

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Notice Information

Notice Title

School Absence Insurance

Notice Description

Nottingham City Council is looking to establish a provider of staff absence insurance to its schools and academies, in total a maximum of some 102 learning establishments within Nottingham City boundaries.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05a33d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/082818-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£1,155,895 £1M-£10M
Lots Value
£1,155,895 £1M-£10M
Awards Value
£1,155,895 £1M-£10M
Contracts Value
£1,155,895 £1M-£10M

Notice Dates

Publication Date
15 Dec 20258 months ago
Submission Deadline
27 Oct 2025Expired
Future Notice Date
Not specified
Award Date
19 Nov 20259 months ago
Contract Period
1 Dec 2025 - 30 Nov 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Nottingham City 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
NOTTINGHAM
Postcode
NG2 3NG
Postcode Area
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
Not specified
Local Authority
Nottingham
Electoral Ward
Castle
Westminster Constituency
Nottingham East

Supplier Information

Number of Suppliers
1
Supplier Name

SOVEREIGN RISK MANAGEMENT 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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