Tender

Insurance Brokerage Services

PROCUREMENT ASSIST LIMITED C/O INTEGRATED FACILITIES MANAGEMENT BOLTON LTD (IFM BOLTON)

This public procurement record has 1 release in its history.

Tender

10 Jan 2025 at 12:35

Tender Notice
Summary of the contracting process

Procurement Assist Limited, in conjunction with Integrated Facilities Management Bolton Ltd (iFM Bolton), has initiated a tender process for "Insurance Brokerage Services" under a Dynamic Purchasing System (DPS) available for a period of 60 months. This procurement process is classified under the CPV code 66518000, which covers insurance brokerage and agency services. The DPS will be accessible to the entire UK public sector, including entities in the British Overseas Territories, Channel Islands, Isle of Man, Europe, and globally. The application period for this DPS is open until 31 May 2029, with the contract period running from 1 June 2029 to 2 June 2029. This tender is currently active and utilises a selective procurement method via a restricted procedure.

This tender presents significant opportunities for businesses in the insurance brokerage sector, particularly small and medium-sized enterprises (SMEs), to expand their operations and client base across a wide geographical area. The DPS is designed to offer a swift route to market for clients without requiring additional engagement with OJEU procurement processes. Businesses that specialise in insurance brokerage services and aim to collaborate with numerous public sector clients will find this tender a fitting opportunity to grow and develop their portfolio. Potential applicants will benefit from a substantial budget of up to £50,000,000 allocated for this procurement process.

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Notice Information

Notice Title

Insurance Brokerage Services

Notice Description

Procurement Assist Limited is seeking service providers to take part in tendering for a place on a 60 month Dynamic Purchasing System for Insurance Brokerage Services. The DPS will be available for use by iFM Bolton and the whole public sector from across the United Kingdom. The DPS initial application period is 30 days but will remain open until 31 May 2029. Applications from service providers can be made at any time during this period. The DPS is intended to be a fast route to market for Clients, with Clients not needing any further engagement with OJEU procurement processes. Procurement Assist is publishing this Notice of Amendment made pursuant to the original Notice 2020/S 081-192467 to extend the DPS to 31 May 2029. The remaining information in relation to this DPS is unchanged.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6244c51a-e7e3-4370-beb2-703e9325a617
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/aa05c197-0203-4196-98fd-1199bf99e565
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66518000 - Insurance brokerage and agency services

Notice Value(s)

Tender Value
£50,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Jan 20251 years ago
Submission Deadline
31 May 20294 years to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 May 2029 - 2 Jun 2029 30 days
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
PROCUREMENT ASSIST LIMITED C/O INTEGRATED FACILITIES MANAGEMENT BOLTON LTD (IFM BOLTON)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BOLTON
Postcode
BL4 0JR
Post Town
Bolton
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD36 Greater Manchester North West
Delivery Location
Not specified
Local Authority
Bolton
Electoral Ward
Farnworth North
Westminster Constituency
Bolton South and Walkden

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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