Award

Further Competition under Insurance Placement DPS 978 for London Borough of Sutton and their appointed Insurance Broker - Marsh

YORKSHIRE PURCHASING ORGANISATION

This public procurement record has 1 release in its history.

Award

20 Apr 2021 at 15:11

Award Notice
Summary of the contracting process

The procurement process involves the Yorkshire Purchasing Organisation as the buying organisation, seeking to renew the Leasehold RTB Flats Insurance for the London Borough of Sutton. This tender, titled "Further Competition under Insurance Placement DPS 978," is classified under the insurance services industry and is taking place in Sutton, England. The procurement method is selective, following a competitive procedure via a dynamic purchasing system, with a contract value of £523,436. The contract period is set to commence from 1 April 2021 and conclude on 31 March 2025. The tender period ended on 4 December 2020.

This tender presents significant opportunities for growth, especially for businesses in the insurance sector, including small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Companies that specialise in providing insurance services well-suited to public sector needs may find this to be an advantageous opportunity to engage with local government contracts, offering a chance to establish a long-term relationship with the Yorkshire Purchasing Organisation and the London Borough of Sutton.

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Notice Information

Notice Title

Further Competition under Insurance Placement DPS 978 for London Borough of Sutton and their appointed Insurance Broker - Marsh

Notice Description

The Contracting Authority is approaching the end of their existing Long Term Agreement with insurers for Leasehold RTB Flats Insurance. In line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 1 April 2021. This Insurance is being procured competitively and in accordance with the Public Contracts Regulations 2015, via the YPO Insurance Placement DPS Ref. No: 000978

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5092ca93-569f-4b79-823c-625a7fe00122
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ca9c3c05-97a7-4681-9c57-5f101d4b89e2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£523,436 £500K-£1M
Lots Value
Not specified
Awards Value
£523,436 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Apr 20214 years ago
Submission Deadline
4 Dec 2020Expired
Future Notice Date
Not specified
Award Date
11 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2025 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
YORKSHIRE PURCHASING ORGANISATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SUTTON
Postcode
SM1 1EA
Post Town
Sutton
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
Delivery Location
Not specified
Local Authority
Sutton
Electoral Ward
Sutton Central
Westminster Constituency
Sutton and Cheam

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH MUNICIPAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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