Official UK procurement notice
CPU 7151 Leaseholder Insurance Policy
Authority: Nottingham City Council (Local council)
Sectors: Financial and insurance services (66) Delivery: East Midlands (UKF14)
Awarded value£1,500,000published contract · exc. VAT
Awarded 17 Mar 2025no call for competition
Awarded to Avid Insurance Services Limited
What is being bought
Published requirement descriptionBuilding insurance scheme for NCC flats.
CPV: Insurance services
The lotProcurement structure
single lot · no lot value publishedLot #1Awarded
Procedure terms & legal framework
From the official record- Procedure method
- Award procedure without prior publication of a call for competition
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 9 May 2025, 15:10 BST
- Last source update
- 9 May 2025, 15:10 BST
- Authority reference
CPU 7151- FTS notice number
2025/S 000-020132- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-050fe8Find a Tender
- Why no open competition
New works/services, constituting a repetition of existing works/services and ordered in accordance with the strict conditions stated in the directive
- Published justification
Awarded under framework DPS further competition. Two bids were received and evaluated under the public contract regulations - YPO 1198 - Insurance Brokerage Framework and Insurance Placement DPS
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £1,500,0001 contract exc. VAT
Bids received 2
Contracts signed 1latest 17 Mar 2025
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Avid Insurance Services LimitedCPU 7151 Leasehold Insurance Policy | £1,500,000 † | — | Awarded |
Contracts
CPU 7151 Leasehold Insurance Policy · Avid Insurance Services Limited
- Signed
- 17 Mar 2025
- Value
- £1,500,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids | — | — | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Avid Insurance Services LtdAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.