Tender

YPO - 001051 Insurance Placement DPS For Housing sector

YPO

This public procurement record has 2 releases in its history.

Tender

29 Sep 2025 at 09:51

Tender

17 May 2021 at 08:02

Summary of the contracting process

The procurement process, initiated by YPO, involves a dynamic purchasing system (DPS) titled "YPO - 001051 Insurance Placement DPS For Housing sector." This tender focuses on financial and insurance services, specifically targeting the procurement needs of Registered Providers of Social Housing. The process is currently in the tender stage, with a contract period envisaged from 5th July 2021 to 4th July 2030, contingent on contract reviews and possible extensions. The procurement uses a restricted procedure under the selective method. Delivery locations include British Overseas Territories, Channel Islands, Isle of Man, Europe, and the United Kingdom, with a procurement value estimated between £400,000,000 and £500,000,000.

The opportunity presented by this DPS is significant for businesses in the insurance and financial services sector, offering a chance to engage with a substantial long-term contract. Companies specialising in these services, particularly those that cater to the housing sector, stand to benefit. The procurement process remains open to small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs), ensuring a wide range of qualified suppliers have an opportunity to bid. Businesses with a robust understanding of the social housing market and experience in delivering insurance services are well-suited to this tender, promising substantial business growth and stable revenue streams for successful bidders.

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Notice Title

YPO - 001051 Insurance Placement DPS For Housing sector

Notice Description

YPO are looking for Suppliers to be appointed onto a Dynamic Purchasing System (DPS) for the provision of insurance and any related services. The DPS is designed to meet the needs of Registered Providers of Social Housing. The DPS will cover the period from 5th July 2021 to 4th July 2024 with 2 options to extend for another 3 years. The first decision to extend the contract period will be taken by the end of February 2024 and the second by the end of February 2027 and will be dependent on satisfactory completion of all aspects of the contract to date, the market conditions for this category and YPO's contracting structures. The maximum contract period will therefore be 9 years, from 5th July 2021 to 4th July 2030 (subject to an annual review, incorporating price negotiations and KPI performance). Please note that the deadline for initial establishment/first round of the DPS is 16/06/2021 at 14:00. Following the initial establishment, the DPS will remain open for any Suppliers to submit a bid at any point until the closing date of the DPS.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-67318fe9-2d34-492a-9149-13512056635e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1d290732-d735-41a4-83b4-23faf508bdc5
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, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£500,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
29 Sep 20254 months ago
Submission Deadline
21 Feb 20293 years to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
22 Feb 2029 - 23 Feb 2029 30 days
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
YPO
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WAKEFIELD
Postcode
WF2 0XE
Post Town
Wakefield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE45 Wakefield
Delivery Location
Not specified

Local Authority
Wakefield
Electoral Ward
Wrenthorpe and Outwood West
Westminster Constituency
Wakefield and Rothwell

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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