Award

Property Portfolio Insurance

WELSH GOVERNMENT

This public procurement record has 1 release in its history.

Award

06 May 2022 at 00:00

OJEU - F15 - Voluntary Ex Ante Transparency Notice
Summary of the contracting process

The Welsh Government has completed a tender process for "Property Portfolio Insurance," which falls under the general public services category. The procurement took place in Cardiff, UK, and was carried out through a limited method without prior publication, specifically via a mini-competition using the Yorkshire Purchasing Organisation Insurance Placement dynamic purchasing system. The award was signed on 24 March 2022, with a total contract value of £866,000. This tender process has been marked as complete.

This procurement presents significant opportunities for businesses specialising in insurance services, particularly those equipped to handle public sector contracts. Firms like Maven Public Sector, which may have a large-scale operational capacity, are well-positioned to compete in this segment. Small to medium-sized enterprises with expertise in providing tailored insurance solutions for governmental properties may also find avenues for growth by leveraging such contracts in future tenders.

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Notice Information

Notice Title

Property Portfolio Insurance

Notice Description

Contract Award Notice for Insurance services for Welsh Government property.

Lot Information

Lot 1

Contract award for insurance services for Welsh Government property conducted as a mini-competition through the Yorkshire Purchasing Organisation Insurance Placement dynamic purchasing system (DPS) - 978.

Procurement Information

Mini-competition conducted through the Yorkshire Purchasing Organisation Insurance Placement dynamic purchasing system (DPS) - 978.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-120888
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=120888
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
OJEU - F15 - Voluntary Ex Ante Transparency Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for 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
£866,000 £500K-£1M

Notice Dates

Publication Date
6 May 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
24 Mar 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
WELSH GOVERNMENT
Contact Name
Not specified
Contact Email
cpsprocurementadvice@gov.wales
Contact Phone
+44 3000623300

Buyer Location

Locality
CARDIFF
Postcode
CF10 3NQ
Post Town
Cardiff
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
TLL Wales
Local Authority
Cardiff
Electoral Ward
Cathays
Westminster Constituency
Cardiff South and Penarth

Supplier Information

Number of Suppliers
1
Supplier Name

MAVEN PUBLIC SECTOR

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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