---
title: "Part VII Insurance Consultancy"
ocid: "ocds-b5fd17-e5bc37fa-90a4-46d0-85ea-48f8aa970bcd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e5bc37fa-90a4-46d0-85ea-48f8aa970bcd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e5bc37fa-90a4-46d0-85ea-48f8aa970bcd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-e5bc37fa-90a4-46d0-85ea-48f8aa970bcd.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2023-05-25"
---

# Part VII Insurance Consultancy

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-e5bc37fa-90a4-46d0-85ea-48f8aa970bcd

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## Summary

The Bank of England has awarded a contract for Part VII Insurance Consultancy to Marcuson Consulting Ltd. The contract involves the provision of specialist support with managing a Part VII insurance business transfer. The contract value is £212,220 GBP, and the procurement method used was a direct Single tender action (below threshold). The contract period runs from April 3, 2023, to November 30, 2023, with the tender period ending on March 23, 2023. The Bank of England is located in London, England, and the industry category is insurance consultancy services.

This tender provides an opportunity for SMEs looking to offer specialised insurance consultancy services to compete for business growth. Businesses in the insurance consultancy sector, particularly those with expertise in Part VII transfers, would be well-suited to participate in this tender. The contract is awarded, and a Small and Medium Enterprise (SME) has secured the contract, indicating potential for smaller companies to successfully win contracts with the Bank of England.

## Notice

This contract is for the provision of specialist support with managing a Part VII insurance business transfer.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/8c6f7b11-6053-4e54-b50c-6a618f9e5fb6 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 May 2023 |
| Submission deadline | 23 Mar 2023 |
| Future notice date | Not specified |
| Award date | 23 Mar 2023 |
| Contract period | 2 Apr 2023 - 30 Nov 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £212,220 |
| Lots value | Not specified |
| Awards value | £212,220 |
| 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 | BANK OF ENGLAND |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2R 8AH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Walbrook |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MARCUSON CONSULTING |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66519310 - Insurance consultancy services

## Release History

- 25 May 2023 at 09:49 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/8c6f7b11-6053-4e54-b50c-6a618f9e5fb6

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/8c6f7b11-6053-4e54-b50c-6a618f9e5fb6
  25th May 2023 - 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-e5bc37fa-90a4-46d0-85ea-48f8aa970bcd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-e5bc37fa-90a4-46d0-85ea-48f8aa970bcd.json.