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Folkestone & Hythe District Council's Further Competition for the provision of Insurance via YPO's Insurance Placement DPS

Yorkshire Purchasing Organisation

This public procurement record has 1 release in its history.

Award

04 Aug 2020 at 15:51

Award Notice
Summary of the contracting process

The procurement process involves the Yorkshire Purchasing Organisation, under the Folkestone & Hythe District Council, for a further competition regarding the provision of insurance services. The contract, valued at £1,971,472.65, covers multiple insurance lots including Combined Property, Liability, and Engineering Insurance. The procurement method used is a further competition via YPO's Insurance Placement Dynamic Purchasing System, and the award was completed on 29th June 2020. The contract period commenced on 1st August 2020 and will continue until 31st July 2025, with all activities based in the South East region of the United Kingdom.

This tender presents significant opportunities for businesses in the insurance sector, particularly those that specialise in combined property, liability, and engineering insurance solutions. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) may find this tender particularly relevant as it encourages participation from a diverse range of service providers. Entities experienced in handling large-scale insurance contracts and adept at managing multi-lot awards would be particularly well-suited to compete for this ongoing contract, enhancing their business growth potential in a stable market environment.

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Notice Information

Notice Title

Folkestone & Hythe District Council's Further Competition for the provision of Insurance via YPO's Insurance Placement DPS

Notice Description

Folkestone & Hythe District Council's Further Competition for the below listed lots has been awarded via YPO's Insurance Placement DPS - 978: Lot 1 -Combined Property (Material Damage, Business Interruption, Works in Progress (All Risks), Theft, Specified All Risks, Money and Mortgaged Properties Inadvertently Uninsured) Lot 2 - Computer Lot 3 - Leasehold/Right to Buy Lot 4 - Combined Liability (Employers' Liability, Public / Products Liability including Hirers Liability and Libel & Slander, Professional Indemnity and Officials Indemnity including Public Health Act) Lot 5 - Motor Fleet Lot 6 - Personal Accident/Business Travel Lot 7 - Engineering Insurance and Inspection Lot 8 - Fidelity Guarantee (Crime)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-63079e61-413f-4a00-b63e-bc21faa10ad0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bc34f8a6-fec0-4f39-a139-81c877b56dbb
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Further Competition via YPO's Insurance Placement DPS 978
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
£1,971,472 £1M-£10M
Lots Value
Not specified
Awards Value
£1,971,472 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Aug 20206 years ago
Submission Deadline
29 Jun 2020Expired
Future Notice Date
Not specified
Award Date
29 Jun 20206 years ago
Contract Period
1 Aug 2020 - 31 Jul 2025 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
FOLKESTONE
Postcode
CT20 2QY
Postcode Area
Canterbury
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ44 East Kent
Delivery Location
TLJ South East (England)
Local Authority
Folkestone and Hythe
Electoral Ward
Folkestone Central
Westminster Constituency
Folkestone and Hythe

Supplier Information

Number of Suppliers
3
Supplier Names

Zurich Municipal

OCASO S.A., COMPANIA DE SEGUROS Y REASEGUROS

Risk Management Partners

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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