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Insurance Broker Services (TECA and Fine Arts)

Aberdeen City Council

This public procurement record has 2 releases in its history.

Award

31 Aug 2021 at 01:00

OJEU - F3 - Contract Award Notice
Tender

14 Dec 2020 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

Aberdeen City Council is seeking to award a contract for Insurance Broker Services specifically covering The Event Complex Aberdeen (TECA) and fine arts policies. The procurement has reached the contract award stage, with the successful bid submitted by Marsh Limited, amounting to £3,017,500. This open procedure began with the tender submission period, which concluded on 15 January 2021. The procurement process is categorised under 'services' and was located in Aberdeen, Scotland.

This tender presents a significant opportunity for insurance brokers, especially those with experience in managing large-scale public sector contracts. Businesses that are regulated by the FCA and members of BIBA would be particularly well-suited to compete. With a procurement method that favours open bidding, firms engaged in providing comprehensive insurance services are encouraged to participate in future tenders that may focus on similar requirements and scopes of work.

How relevant is this notice?

Notice Information

Notice Title

Insurance Broker Services (TECA and Fine Arts)

Notice Description

Provision of Broker Insurance Services (TECA)

Lot Information

Lot 1

Provision of insurance broker services to procure insurance policies for the Councils The Event Complex Aberdeen (TECA) and to provide insurance broker services for the councils fine arts policies.

Renewal: 12 month option then further option of up to a maximum of 36 months (total extension options 48 months) Contract period : 1 year fixed plus 1 x option, plus 3 year option. 5 years max.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000638923
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP426413
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66518000 - Insurance brokerage and agency services

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£3,000,000 £1M-£10M
Lots Value
£3,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£3,017,500 £1M-£10M

Notice Dates

Publication Date
31 Aug 20214 years ago
Submission Deadline
15 Jan 2021Expired
Future Notice Date
Not specified
Award Date
29 Mar 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
2026

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Aberdeen City Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ABERDEEN
Postcode
AB16 5GB
Postcode Area
Aberdeen
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM5 North Eastern Scotland
Small Region (ITL 3)
TLM50 Aberdeen City and Aberdeenshire
Delivery Location
TLM50 Aberdeen City and Aberdeenshire
Local Authority
Aberdeen City
Electoral Ward
Midstocket/Rosemount
Westminster Constituency
Aberdeen North

Supplier Information

Number of Suppliers
1
Supplier Name

Marsh Limited

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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