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Official procurement procedure

Provision of Insurance Brokerage Services

Insurance services
Northern Ireland (UKN06)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Belfast City Council: "Provision of Insurance Brokerage Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityBelfast City CouncilScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Belfast City Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Belfast City Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
3.5Bids / Report
31.7% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 63 active published awards; 63 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityBelfast City Council
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published8 Nov 2021, 22:45 GMT
Last source update8 Nov 2021, 22:45 GMT
Recurring procurementNot published
ClassificationInsurance services
Delivery area
Northern Ireland (UKN06)
OCIDocds-h6vhtk-02dca2
What is being bought
Belfast City Council is awarding a contract for the services of an insurance broker to negotiate and arrange comprehensive and cost effective insurances which are tailored to the special needs of a local authority.
What changed
From the official release history
  1. Status changed to complete
    8 Nov 2021, 22:45 GMT
  2. Official notice release published
    8 Nov 2021, 22:45 GMT
  3. Submission deadline changed to published date
    8 Nov 2021, 22:45 GMT
  4. Status changed to active
    2 Sept 2021, 22:45 BST
  5. Official notice release published
    2 Sept 2021, 22:45 BST
  6. Submission deadline changed to 4 Oct 2021, 12:00 BST
    2 Sept 2021, 22:45 BST
  7. Buyer information updated
    2 Sept 2021, 22:45 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Belfast City Council is awarding a contract for the services of an insurance broker to negotiate and arrange comprehensive and cost effective insurances which are tailored to the special needs of a local authority. The successful contractor will be eligible for a commission equivalent to 3.5% of the annual insurance policy premiums, which are approximately £1.3M p.a.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    8 Nov 2021, 22:45 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 29 Oct 2021, 00:00 BST · £90,000
Commercial outcome and competition
Awards
Abbey Bond Lovis Ltd (previously Willis Towers Watson Ireland Ltd)
Not published · Not published · active
Contracts
Provision of Insurance Brokerage Services
£90,000 · signed 29 Oct 2021, 00:00 BST · active
Bid statistics
bids: 2 (lot 1)
electronicBids: 2 (lot 1)
Buyer and organisations in this procedure

Belfast City Council

Contracting authority GB-FTS-777
View buyer profile

  • Belfast City Council
    buyer

    9 - 21 Adelaide Street, Belfast, UKN06, BT2 8DJ
    crothersr@belfastcity.gov.uk

  • Abbey Bond Lovis Ltd (previously Willis Towers Watson Ireland Ltd)
    supplier

    1st Floor, City Quays 1, Clarendon Dock, Belfast, UKN06, BT15 3H

  • Royal Courts of Justice
    reviewBody

    Chichester Street, Belfast, BT1 3JY
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published