---
title: "Management of Captive Insurance"
ocid: "ocds-h6vhtk-03b43b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03b43b"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03b43b.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03b43b.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "NUCLEAR DECOMMISSIONING AUTHORITY"
published: "2023-03-20"
---

# Management of Captive Insurance

Buyer: NUCLEAR DECOMMISSIONING AUTHORITY  
Current stage: Tender  
OCID: ocds-h6vhtk-03b43b

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03b43b.json)

## Summary

The Nuclear Decommissioning Authority is seeking a captive insurance manager for Rutherford Indemnity Limited in Guernsey. The contract, valued at £1,250,000, has an initial duration of 36 months with possible extensions. The procurement method is an open procedure with electronic and written submission. The tender period ends on 24th April 2023, and bid validity expires on 1st September 2023.

This tender offers opportunities for insurance service providers interested in managing captive insurance companies. Businesses in the financial services sector, particularly those experienced in insurance services, would be well-suited to compete for this contract. The location is in the UK, specifically in Cumbria. The Nuclear Decommissioning Authority is the buying organisation for this procurement process.

## Notice

Procurement is for the appointment of a captive manager to oversee the day-to-day running of the Guernsey-based NDA captive insurance company, Rutherford Indemnity Limited ("Rutherford").

### Lot Information

Lot 1

Procurement is for the appointment of a captive manager to oversee the day-to-day running of the Guernsey-based NDA captive insurance company, Rutherford Indemnity Limited ("Rutherford"). Additional information: Duration is 36 months with the option to extend for a further 12 +12 months.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/007982-2023 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Mar 2023 |
| Submission deadline | 24 Apr 2023 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 2 Jul 2023 - 29 Jun 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,250,000 |
| Lots value | £1,250,000 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NUCLEAR DECOMMISSIONING AUTHORITY |
| Locality | CUMBRIA |
| Post town | Carlisle |
| Postcode | CA24 3HU |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD1 Cumbria |
| ITL 3 | TLD13 Cumberland |
| Local authority | Cumberland |
| Electoral ward | Egremont North and St Bees |
| Westminster constituency | Whitehaven and Workington |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 20 Mar 2023 at 12:10 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/007982-2023

## Notice URLs

- https://one-nda.force.com/s/Welcome
- https://www.gov.uk/government/organisations/nuclear-decommissioning-authority

## 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-h6vhtk-03b43b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03b43b.json.