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Further Competition Under Insurance Placement DPS 978 for Hull City Council and their appointed Insurance Broker - Marsh

Yorkshire Purchasing Organisation

This public procurement record has 1 release in its history.

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14 Aug 2024 at 10:08

Award Notice
Summary of the contracting process

The Yorkshire Purchasing Organisation has completed a procurement process titled "Further Competition Under Insurance Placement DPS 978 for Hull City Council and their appointed Insurance Broker - Marsh." Classified under the industry category of Financial and Insurance Services (CPV 66000000), the procurement involved a restricted procedure and targeted the United Kingdom. The tender period ended on 5th July 2024, with the contract period spanning from 1st October 2024 to 30th September 2029. Key awards were published on 14th August 2024, with a total contract value of approximately £1,430,698.93 GBP. The main procurement category was services, and the process was suitable for SMEs and VCSEs.

This tender offers a significant opportunity for businesses specialising in financial and insurance services to expand their operations. The contract, valued at over £1.4 million, will create substantial business growth potential, particularly for large-scale firms such as Risk Management Partners, Zurich Municipal, and Maven Public Sector, who have been awarded portions of the contract. Small and medium-sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs) could also find meaningful opportunities in such competitive public procurement processes.

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Notice Information

Notice Title

Further Competition Under Insurance Placement DPS 978 for Hull City Council and their appointed Insurance Broker - Marsh

Notice Description

Further Competition Under Insurance Placement DPS 978 for Hull City Council and their appointed Insurance Broker - Marsh

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-568302a3-095c-4031-9036-a820de059b1a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b5c7e085-95cb-41d0-9051-fc031525ff76
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME, VCSE
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
£1,430,698 £1M-£10M
Lots Value
Not specified
Awards Value
£1,430,698 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Aug 20242 years ago
Submission Deadline
5 Jul 2024Expired
Future Notice Date
Not specified
Award Date
26 Jul 20242 years ago
Contract Period
1 Oct 2024 - 30 Sep 2029 Over 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
HULL
Postcode
HU1 2AA
Postcode Area
Hull
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE11 Kingston upon Hull, City of
Delivery Location
Not specified
Local Authority
Kingston upon Hull, City of
Electoral Ward
St Andrew's & Docklands
Westminster Constituency
Kingston upon Hull West and Haltemprice

Supplier Information

Number of Suppliers
3
Supplier Names

Risk Management Partners

Zurich Municipal

Maven Public Sector

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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