Award

In perpetuity Insurance

STEVENAGE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

18 Feb 2026 at 15:30

Summary of the contracting process

The procurement process for the "In perpetuity Insurance" contract was conducted by Stevenage Borough Council, serving as the buying organisation. The contract falls within the insurance services category, particularly targeting the Rights of Light and Title Indemnity insurance for SG1 Phase 1a. Located in Stevenage, United Kingdom, this contract was awarded as of 18 February 2026, after completing the necessary planning and tender procedures. The contractual period commenced on 30 July 2025 and concluded on 6 August 2025, with the procurement status marked as complete and the procurement method identified as below the threshold, although further specifics remain undisclosed.

This tender presents a notable opportunity for businesses specialising in insurance services, especially those able to offer comprehensive indemnity coverage. It is particularly suitable for SMEs, like CLEAR INSURANCE MANAGEMENT LIMITED, the awarded supplier, signifying an advantageous environment for small to medium enterprises in the insurance sector aiming to expand their market presence. Companies with experience in public authority insurance dealings and services catered toward specialised indemnity requirements could find significant growth potential by engaging with similar contracts facilitated by entities like Stevenage Borough Council.

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Notice Title

In perpetuity Insurance

Notice Description

Purchasing of Rights of Light and Title Indemnity insurance for SG1 Phase 1a

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06574e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/014887-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
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
£33,600 Under £100K

Notice Dates

Publication Date
18 Feb 20264 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
14 Jul 20257 months ago
Contract Period
29 Jul 2025 - 6 Aug 2025 30 days
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
STEVENAGE BOROUGH COUNCIL
Contact Name
Not specified
Contact Email
procurement@stevenage.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
STEVENAGE
Postcode
SG1 1HN
Post Town
Stevenage
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified

Local Authority
Stevenage
Electoral Ward
Old Town
Westminster Constituency
Stevenage

Supplier Information

Number of Suppliers
1
Supplier Name

CLEAR INSURANCE MANAGEMENT

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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