Insurances for Isle of Wight Council
About This Opportunity
Services contract award: Insurances for Isle of Wight Council. By Isle of Wight Council in United Kingdom, finance & banking. Awarded to TRAVELERS INSURANCE.
This is a services contract in the finance and banking sector. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 6.0 million.
Published through UK Contracts Finder, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.
Description
Procurement of Isle of Wight Council insurances from 1 April 2025 for three years with the option to extend for a further period of up to 4 years on the basis of plus 24 months plus 24 months.
Additional information:
Please note that it has only come to light today (23/04/26) that a CF notice was not published, nor added to our Contract Register. In the interest of complete transparency we now publish the award notice.. CPV: Insurance services (66510000). Procedure: Other -
Data provenance
This notice is sourced from UK Contracts Finder and was originally published on April 23, 2026. Last refreshed 9 days ago. Reference: IOW001-DN735628-26045064. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Isle of Wight Council
Isle of Wight Council has issued 81 procurement notices on BidsFactory, including 7 currently open and 51 awarded contracts. Activity concentrates in Governance & Public Administration, Information & Communication Technology, and Construction & Civil Works. All notices are published for United Kingdom. Notices are distributed via UK FTS - Find a Tender Service and UK Contracts Finder. Most recent publication: June 15, 2026.
Frequently asked questions about this tender
What type of contract is this?
This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
How much was the contract awarded for?
TRAVELERS INSURANCE COMPANY LIMITED was awarded the contract for £6,000,000. The figure reflects the value disclosed by the contracting authority in the award notice.
Where will the contract be performed?
The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
How can I submit a bid?
Visit UK Contracts Finder to access the full notice, required documents, and submission instructions. Quote reference IOW001-DN735628-26045064 when communicating with the contracting authority.
Is this tender still open?
No — the contract has already been awarded to TRAVELERS INSURANCE COMPANY LIMITED. The award notice is archived on BidsFactory for transparency and market intelligence.
Who is the contracting authority?
This notice was issued by Isle of Wight Council in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
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