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Further Competition under Insurance Placement DPS 978 for Ashfield District Council and their appointed Insurance Broker - Marsh

Yorkshire Purchasing Organisation

This public procurement record has 2 releases in its history.

AwardUpdate

21 Feb 2022 at 13:33

Award Notice
Award

18 Jan 2022 at 13:07

Award Notice
Summary of the contracting process

The Yorkshire Purchasing Organisation is conducting a further competition under the Insurance Placement Dynamic Purchasing System (DPS 978) for Ashfield District Council and their appointed insurance broker, Marsh. The procurement, which falls within the financial and insurance services category, aims to renew existing long-term insurance agreements on 1 April 2022. The tender has already closed, with a contract value of approximately £2,385,000, and ran until 8 November 2021. The awarded contracts will span from 1 April 2022 to 31 March 2029, potentially extending based on performance.

This tender presents a significant opportunity for businesses specialising in insurance services, particularly small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Companies offering solutions in material damage, combined liability, motor fleet, crime insurance, and engineering inspection services would be well-suited to participate in future tenders in this domain. Engaging with local authorities like Ashfield District Council can enable these businesses to expand their market presence and capabilities in public sector contracting.

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Notice Information

Notice Title

Further Competition under Insurance Placement DPS 978 for Ashfield District Council and their appointed Insurance Broker - Marsh

Notice Description

The Contracting Authority are approaching the end of their existing Long Term Agreements with insurers for Material Damage Package, Combined Liability, Motor Fleet, Crime, Engineering Inspection & Insurance and in line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 1 April 2022. This Insurance is being procured competitively and in accordance with the Public Contracts Regulations 2015, via the YPO Insurance Placement DPS Ref. No: 000978.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-76c60252-bdc4-40e7-8b26-5e2b0cabfbf6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/79c14455-edaa-42da-ae89-d4aa088f22e9
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£2,380,498 £1M-£10M
Lots Value
Not specified
Awards Value
£4,735,981 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Feb 20224 years ago
Submission Deadline
8 Nov 2021Expired
Future Notice Date
Not specified
Award Date
17 Dec 20214 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
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
NG17 8DA
Postcode Area
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF15 North Nottinghamshire
Delivery Location
Not specified
Local Authority
Ashfield
Electoral Ward
Greenwood & Summit
Westminster Constituency
Ashfield

Supplier Information

Number of Suppliers
4
Supplier Names

Maven Public Sector

Protector Forsikring ASA

Risk Management Partners

Travelers Ins Co Ltd

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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