Award

Further Competition Under Insurance Placement DPS 978 for Broxtowe Borough Council and their appointed Insurance Broker - Marsh

YORKSHIRE PURCHASING ORGANISATION

This public procurement record has 1 release in its history.

Award

15 Mar 2024 at 11:19

Award Notice
Summary of the contracting process

The Yorkshire Purchasing Organisation has awarded a contract titled "Further Competition Under Insurance Placement DPS 978 for Broxtowe Borough Council and their appointed Insurance Broker - Marsh" in the financial and insurance services category. The procurement method was a selective process with a contract value of £3,903,900. The contract period is from April 1, 2024, to March 31, 2031, and the tender period ended on December 11, 2023. This contract provides opportunities for SMEs and VCSEs in the United Kingdom.

This tender by the Yorkshire Purchasing Organisation benefits businesses in the financial and insurance services sector. Companies with expertise in insurance placement and broker services are well-suited to compete. The procurement stage has reached the award phase, with contracts signed with suppliers Zurich Municipal, Protector Forsikring, and Maven Public Sector. The total contract value awarded is £1,687,000 for Zurich Municipal, £2,205,000 for Protector Forsikring, and £11,900 for Maven Public Sector.

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Notice Information

Notice Title

Further Competition Under Insurance Placement DPS 978 for Broxtowe Borough Council and their appointed Insurance Broker - Marsh

Notice Description

Further Competition Under Insurance Placement DPS 978 for Broxtowe Borough Council and their appointed Insurance Broker - Marsh

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6a8f1ab1-73d3-4ba7-a6bf-5d4724e0b8e7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e1d421fb-c8d3-4442-86be-89efcdab4975
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
£3,903,900 £1M-£10M
Lots Value
Not specified
Awards Value
£3,903,900 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Mar 20241 years ago
Submission Deadline
11 Dec 2023Expired
Future Notice Date
Not specified
Award Date
14 Feb 20242 years ago
Contract Period
31 Mar 2024 - 31 Mar 2031 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
NOTTINGHAM
Postcode
NG9 1AB
Post Town
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF16 South Nottinghamshire
Delivery Location
Not specified
Local Authority
Broxtowe
Electoral Ward
Beeston West
Westminster Constituency
Broxtowe

Supplier Information

Number of Suppliers
3
Supplier Names

MAVEN PUBLIC SECTOR

PROTECTOR FORSIKRING

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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