Award

SYPA Insurance Contract

SOUTH YORKSHIRE PENSIONS AUTHORITY

This public procurement record has 1 release in its history.

Award

20 May 2025 at 08:41

Summary of the contracting process

The South Yorkshire Pensions Authority has completed a direct award procurement process for the "SYPA Insurance Contract," within the financial and insurance services category. This contract, valued at £125,870, covers services such as public liability, officials indemnity, and professional negligence insurance, effective from 1st April 2025 to 31st March 2027. The buying organisation is based in Barnsley, South Yorkshire and the procurement stage is at the award status as of 20th May 2025. Zurich Municipal, a large-scale supplier, has been awarded the contract. The geographic scope includes the United Kingdom and extends internationally to locations like the British Oversea Territories and Europe.

This tender provides a key growth opportunity for businesses involved in providing comprehensive insurance services, aligning with the specific requirements of public liability and indemnity coverage. While the contract has been awarded to a large company, similar opportunities may arise, appealing to firms specialising in financial and insurance services that can demonstrate robust international service delivery capability. Enterprises interested in similar public sector contracts should focus on building strong relationships with government bodies and showcasing their expertise in handling complex, multi-location insurance needs.

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Notice Title

SYPA Insurance Contract

Notice Description

Authority Public Liability/Officials Indemnity/Employers Liability/Libel and Slander/Professional Negligence/Fidelity Guarantee/Oakwell House Contents/Laptops and Other Equipment.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-09e1e24a-f1be-4572-a91b-24085e55c31b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/46becf12-cfc7-4730-89d8-2ad45d88c687
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£125,870 £100K-£500K
Lots Value
Not specified
Awards Value
£125,870 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 May 20259 months ago
Submission Deadline
31 Mar 2025Expired
Future Notice Date
Not specified
Award Date
6 Mar 202511 months ago
Contract Period
31 Mar 2025 - 31 Mar 2027 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
SOUTH YORKSHIRE PENSIONS AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BARNSLEY, SOUTH YORKSHIRE
Postcode
S71 1HG
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE33 Barnsley
Delivery Location
Not specified

Local Authority
Barnsley
Electoral Ward
Central
Westminster Constituency
Barnsley North

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH MUNICIPAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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