Award

Scottish Canals-Life Insurance Cover

SCOTTISH CANALS

This public procurement record has 1 release in its history.

Summary of the contracting process

The procurement process for life insurance cover was conducted by Scottish Canals, a central purchasing body based in Glasgow, UK. The tender, titled "Scottish Canals-Life Insurance Cover", fell under the services category and was completed on 29 March 2022. This open procedure attracted a single bid, with a contract value of £171,070. The procurement process is now in the award stage, following the signing of the contract with the supplier, MetLife. Further details can be found on the Scottish Canals website.

This tender provides significant opportunities for businesses specialised in insurance services, particularly those offering life insurance products. With the procurement having attracted only one bid, there may be potential for other firms to explore future tenders or contracts in this sector. Businesses looking to grow should consider the services associated with public sector insurance provisions, especially those that conform to government regulations and standards.

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Notice Title

Scottish Canals-Life Insurance Cover

Notice Description

The procurement of life insurance cover.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000688613
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR444797
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Website 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

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£171,070 £100K-£500K

Notice Dates

Publication Date
30 Mar 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 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

Contracting Authority (Buyer)

Main Buyer
SCOTTISH CANALS
Contact Name
Owen Jeffreys
Contact Email
owen.jeffreys@scottishcanals.co.uk
Contact Phone
Not specified

Buyer Location

Locality
GLASGOW
Postcode
ML1 3HY
Post Town
Motherwell
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM34 North Lanarkshire
Delivery Location
TLM Scotland

Local Authority
North Lanarkshire
Electoral Ward
Motherwell West
Westminster Constituency
Motherwell, Wishaw and Carluke

Supplier Information

Number of Suppliers
1
Supplier Name

METLIFE

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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