Award

Ceredigion County Council - Insurance Services

CYNGOR SIR CEREDIGION COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

14 Apr 2025 at 00:00

Summary of the contracting process

Cyngor Sir Ceredigion County Council has completed the procurement process for Insurance Services spanning from 2025 to 2030 in Aberaeron, part of the County of Ceredigion. The council, as the buying organisation, utilised a restricted procedure under the selective procurement method, covering the general public services industry category. The tender included key items such as engineering and inspection insurance services, and multiple combined insurance requirements. Notably, Zurich Municipal has been contracted for both lots, with contracts signed on 1 April 2025. The procurement and award stages are now complete.

This tender creates significant opportunities for businesses specialising in insurance services, particularly those with capabilities in engineering, property, liability, motor fleet, and personal accident cover. With an overall contract value exceeding £2.9 million, this procurement presents substantial business growth potential for large-scale suppliers like Zurich Municipal. Companies with strong quality and competitive pricing metrics are well-suited to compete in future extensions of these contracts, which have provisions for two optional extensions of 12 months each following the initial three-year period.

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Notice Title

Ceredigion County Council - Insurance Services

Notice Description

Ceredigion County Council Insurance Services 2025 to 2030

Lot Information

Ceredigion Insurance Services - Engineering & Inspection

Engineering & Inspection Insurance Services for Ceredigion County Council

Options: There are two options to extend the contract for periods of 12 months each following the initial three year period.

Ceredigion Insurance Services - Combined Lot Excluding Engineering

Insurance Services for the following requirements of Ceredigion County Council: Property and Material Damage Combined Liability, Fidelity Guarantee and Crime Motor Fleet Personal Accident and Travel

Options: There are two options to extend the contract for periods of 12 months each following the initial three year period.

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-149954
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=149954
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
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
£2,945,650 £1M-£10M

Notice Dates

Publication Date
14 Apr 202510 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Apr 202510 months 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

Contracting Authority (Buyer)

Main Buyer
CYNGOR SIR CEREDIGION COUNTY COUNCIL
Contact Name
Not specified
Contact Email
ymholiadau.caffael@ceredigion.gov.uk
Contact Phone
+44 1545570881

Buyer Location

Locality
ABERAERON
Postcode
SA46 0PA
Post Town
Swansea
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL4 Mid and South West Wales
Small Region (ITL 3)
TLL41 Mid Wales
Delivery Location
TLL1 West Wales and The Valleys

Local Authority
Ceredigion
Electoral Ward
Aberaeron and Aberarth
Westminster Constituency
Ceredigion Preseli

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH MUNICIPAL

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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