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Combined Liabilities Policy

City & County of Swansea

This public procurement record has 2 releases in its history.

Award

02 Oct 2025 at 16:39

UK6 - Contract Award Notice
Award

02 Oct 2025 at 15:13

UK5 - Transparency Notice
Summary of the contracting process

The City & County of Swansea has concluded a procurement process for a "Combined Liabilities Policy," which includes Employers', Public, Products, and Pollution Liability as well as other extensions such as Election Indemnity and Act of Terrorism cover. This procurement falls under the financial and insurance services category and is guided by the UK Public General Acts 2023/54. It is located in Swansea, UK, region UKL18. The procurement stage is in the award phase, with the contract period set to commence on 15th October 2025 and conclude on 14th October 2028, with an option to extend for another three years. This opportunity was awarded through a direct procurement method due to the technical operational reasons with the existing insurer, resulting in a contract valued at £3,739,000 to Marsh Ltd, a large-scale supplier based in Cardiff, UKL22.

This tender presents substantial business growth opportunities, primarily for large insurance businesses with expertise in liability coverages. Businesses capable of providing comprehensive insurance solutions and specialized coverage types will find this contract particularly suitable. It allows them to reinforce their market position and expand service offerings to public authorities like the City & County of Swansea. The contract's extensive term, with potential for renewal, offers long-term engagement benefits and revenue stability for the successful supplier. Other businesses in the sector may look to this process as a benchmark for future similar opportunities within Welsh devolved governmental regulations.

How relevant is this notice?

Notice Information

Notice Title

Combined Liabilities Policy

Notice Description

Includes Employers', Public, Products, Pollution Liability (PS25M each), and various extensions such as Election Indemnity, Hirers Liability, and Act of Terrorism cover

Procurement Information

Existing insurer of the liability insurance contract, due to technical operational reasons.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05a712
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/061905-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£3,739,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
2 Oct 202510 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 Sep 202511 months ago
Contract Period
15 Oct 2025 - 14 Oct 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
City & County of Swansea
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWANSEA
Postcode
SA1 3SN
Postcode Area
Swansea
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL4 Mid and South West Wales
Small Region (ITL 3)
TLL43 Swansea
Delivery Location
Not specified
Local Authority
Swansea
Electoral Ward
Waterfront
Westminster Constituency
Swansea West

Supplier Information

Number of Suppliers
1
Supplier Name

Marsh Ltd

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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