---
title: "Ocean Accelerator - Tidal Stream Insurance"
ocid: "ocds-b5fd17-2324cc80-3b55-4457-b3f8-4f4e25ba6342"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2324cc80-3b55-4457-b3f8-4f4e25ba6342"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2324cc80-3b55-4457-b3f8-4f4e25ba6342.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2324cc80-3b55-4457-b3f8-4f4e25ba6342.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE CROWN ESTATE"
published: "2024-11-14"
---

# Ocean Accelerator - Tidal Stream Insurance

Buyer: THE CROWN ESTATE  
Current stage: Award  
OCID: ocds-b5fd17-2324cc80-3b55-4457-b3f8-4f4e25ba6342

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-2324cc80-3b55-4457-b3f8-4f4e25ba6342)  
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## Summary

The Crown Estate has completed the procurement process for the "Ocean Accelerator - Tidal Stream Insurance" project, classified under the industry category of "other services" (CPV 98390000). The procurement process, involving a direct, single tender action below the threshold, reached the award stage on 27th August 2024. This contract, with a value of £55,000, will be executed from 28th August 2024 to 17th January 2025 in the United Kingdom. The buyer, The Crown Estate, is based at 1 St James's Market, London, England.

This tender presents significant business growth opportunities, particularly for companies specialising in insurance services tailored to the tidal stream sector. Large-scale businesses such as ORE CATAPULT DEVELOPMENT SERVICES LIMITED, located in Northumberland, are well-suited to compete in this process due to the contract's specifications and procurement requirements. Engaging in such contracts can enhance a company's portfolio and reputation in the renewable energy insurance market.

## Notice

Ocean Accelerator - Tidal Stream Insurance

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/77de0609-0c04-438a-9258-de2f6a1682a9 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Nov 2024 |
| Submission deadline | 25 Aug 2024 |
| Future notice date | Not specified |
| Award date | 26 Aug 2024 |
| Contract period | 27 Aug 2024 - 17 Jan 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £55,000 |
| Lots value | Not specified |
| Awards value | £55,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE CROWN ESTATE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1Y 4AH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ORE CATAPULT DEVELOPMENT SERVICES |

## CPV Codes

### Divisions

- 98 - Other community, social and personal services

### Codes

- 98390000 - Other services

## Release History

- 14 Nov 2024 at 18:43 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/77de0609-0c04-438a-9258-de2f6a1682a9

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/77de0609-0c04-438a-9258-de2f6a1682a9
  14th November 2024 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-2324cc80-3b55-4457-b3f8-4f4e25ba6342. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2324cc80-3b55-4457-b3f8-4f4e25ba6342.json.