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Further Competition under Insurance Placement DPS 978 for Bracknell Forest Council and their appointed Insurance Broker - Marsh

YPO

This public procurement record has 1 release in its history.

Award

03 Mar 2022 at 15:32

Award Notice
Summary of the contracting process

The Yorkshire Purchasing Organisation is conducting a further competition to procure insurance cover specifically for Bracknell Forest Council and its appointed insurance broker, Marsh, under the YPO's Insurance Placement Dynamic Purchasing System (DPS). This procurement, classified under financial and insurance services, has a total value of £58,100 and is in the award stage as of March 3, 2022. The contract is set to commence on April 1, 2022, and will last until March 31, 2029, with the possibility of extensions.

This tender presents significant opportunities for small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) specialising in insurance services. Businesses that can provide comprehensive insurance solutions for property portfolios, particularly those with experience in local government contracts, would be particularly well-suited to compete for this contract. Engaging in this process not only promotes business growth but also establishes long-term relationships with public sector clients.

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Notice Information

Notice Title

Further Competition under Insurance Placement DPS 978 for Bracknell Forest Council and their appointed Insurance Broker - Marsh

Notice Description

The Contracting Authority is running a further competition to procure insurance cover for its Leasehold and Homebuy Property portfolio via the YPO's Insurance Placement DPS, ref no 000978

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6e60fd6a-5863-490e-9b5e-fb0662f3964a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/85db510d-3db0-469e-bf3a-2b6678689e8d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£58,100 Under £100K
Lots Value
Not specified
Awards Value
£58,100 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Mar 20224 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
4 Feb 20224 years ago
Contract Period
1 Apr 2022 - 31 Mar 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
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
BRACKNELL
Postcode
RG12 1JD
Postcode Area
Reading
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ15 Berkshire East
Delivery Location
Not specified
Local Authority
Bracknell Forest
Electoral Ward
Town Centre & The Parks
Westminster Constituency
Bracknell

Supplier Information

Number of Suppliers
1
Supplier Name

Avid Insurance Services Ltd

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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