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planned
Official procurement procedure

To be determined prior to tender being released but above PCR2015 thresholds

Financial and insurance services
UK
Published value
£300,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Royal Mint: "To be determined prior to tender being released but above PCR2015 thresholds". Published status: planned. Published value: £300,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityRoyal MintScope & CategoriesNot publishedSubmission Window
planned
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£300,000
Bidder Intelligence · Authority Profile: Royal Mint
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for Royal Mint. 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
5.9Bids / Report
0% 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: 8 active published awards; 8 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 Unpublished data stays unknown.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 AuthorityRoyal Mint
Procedure methodNot published
Procurement categoryNot published
Statusplanned
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published16 Aug 2024, 12:56 BST
Last source update16 Aug 2024, 12:56 BST
Recurring procurementNot published
ClassificationFinancial and insurance services
Delivery area
UK
OCIDocds-h6vhtk-048b8b
What is being bought
Insurance services for The Royal Mint. This tender is expected to go live in Q2 2025.
What changed
From the official release history
  1. Published value updated to £300,000
    16 Aug 2024, 12:56 BST
  2. Status changed to planned
    16 Aug 2024, 12:56 BST
  3. Official notice release published
    16 Aug 2024, 12:56 BST
  4. Buyer information updated
    16 Aug 2024, 12:56 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    planned
    Published valueNot published
    INSURANCE SERVICES TO REQUIRE A VARIETY OF PURPOSES AT THE ROYAL MINT
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    16 Aug 2024, 12:56 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Royal Mint

Contracting authority GB-FTS-10256
View buyer profile
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published