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CMAL0151 Insurance Broker Services

Caledonian Maritime Assets Ltd

This public procurement record has 2 releases in its history.

Award

30 Oct 2017 at 00:00

OJEU - F3 - Contract Award Notice
Tender

20 Dec 2016 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The procurement process involves Caledonian Maritime Assets Ltd, located in Port Glasgow, UK, seeking to appoint a provider for their Insurance Broker Services under the title "CMAL0151 Insurance Broker Services." This procurement falls within the services industry category, specifically under insurance services. Currently, the process is in the award stage, having been completed on 30th October 2017. The contract is projected to last approximately four years, with an option to extend for a further four years at CMAL's discretion. The estimated annual spend for insurance services is around £400,000, though this is an approximation rather than a binding amount.

This tender presents significant opportunities for businesses in the insurance sector, particularly those with expertise in managing marine, commercial, and liability insurance risks. Candidates that are well suited to compete are those who are members of relevant insurance organisations, including those regulated by the UK's Prudential Regulation Authority and the Financial Conduct Authority. Additionally, businesses that excel in quality of service, can provide a comprehensive managed service, and have experience in the maritime insurance domain will be particularly competitive. The process allows for electronic submission with a closing date for final bids on 17th February 2017.

How relevant is this notice?

Notice Information

Notice Title

CMAL0151 Insurance Broker Services

Notice Description

insurance services

Lot Information

Lot 1

Caledonian Maritime Assets Ltd (CMAL) wish to appoint a Insurance Broker who will manage and maintain all of the Insurance Requirements for Caledonian Maritime Assets Ltd. This will include all claim handing and 3rd party claims. It will also include the Maritime insurance requirements of CMAL

Options: Further and unexpected insurance requirement

Renewal: CMAL will award a contract for 4 years with the option for CMAL who reserves the right to award the contract for a further 4 years a the sole discretion of CMAL.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000472971
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT299633
Current Stage
Award
All Stages
Tender, 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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66511000 - Life insurance services

66512200 - Health insurance services

66513000 - Legal insurance and all-risk insurance services

Notice Value(s)

Tender Value
£3,600,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
30 Oct 20178 years ago
Submission Deadline
17 Feb 2017Expired
Future Notice Date
Not specified
Award Date
30 Oct 20178 years ago
Contract Period
3 Jul 2017 - 30 Jun 2025 Over 5 years
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
Caledonian Maritime Assets Ltd
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PORT GLASGOW
Postcode
PA14 5EQ
Postcode Area
Paisley
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM33 Inverclyde, East Renfrewshire, and Renfrewshire
Delivery Location
TLM83 Inverclyde, East Renfrewshire, and Renfrewshire
Local Authority
Inverclyde
Electoral Ward
Inverclyde East Central
Westminster Constituency
Inverclyde and Renfrewshire West

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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